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Fed's Kaplan repeats call for opening QE taper debate | WSAU News/Talk 550 AM · 99.9 FM

By Syndicated Content May 20, 2021 | 10:17 AM (Reuters) – Federal Reserve Bank of Dallas President Robert Kaplan on Thursday that as the U.S. economy improves and weathers the pandemic, the U.S. central bank should move to consider reducing its support for the economy sooner rather than later. “Maybe taking the foot gently off the accelerator would be the wise thing to do here,” Kaplan said at a virtual event put on by the Borderplex Alliance, an economic development organizat...
United States Chizu Nomiyama Ann Saphir Federal Reserve Bank Borderplex Alliance Dallas President Robert Kaplan
Source: wsau.com

Key Events This Week: PMIs, Claims And Fed Minutes

by Tyler Durden Monday, May 17, 2021 - 09:40 AM Looking forward at the coming relatively quiet week, the flash PMIs for May (Friday) will be the data highlight but - as DBs Jim Reid notes - " it’s tough to know what they’ll tell us that we don’t already know." Having said that, as we noted previously Deutsche Banks equity strategist Binky Chadha has previously said that they’ll likely be an equity correction once the ISM rolls over from its current lofty peaks even as growth stays stron...
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El Paso site for Tesla parts factory? Taiwan firm says no decision yet

View Comments Published news out of Taiwan that a company there plans to put a manufacturing plant in El Paso to make components for Tesla electric vehicles might be premature. Officials for Pegatron Corp., an electronics manufacturer in Taipei, in a statement provided to the El Paso Times late Thursday said the company has not yet made a decision about its overseas plans. “Regarding our deployment plans overseas, details such as location, timing and investment amount are still under discus...
T Ai Pei United States Jessica Herrera El Paso Pegatron El Paso John Meza

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Taiwan company: No decision made on placing manufacturing plant for Tesla parts in El Paso

Tesla in El Paso? Taiwan company says no decision made on placing manufacturing plant Vic Kolenc, El Paso Times Tesla picks Austin for $1B factory Replay Video UP NEXT Published news out of Taiwan that a company there plans to put a manufacturing plant in El Paso to make components for Tesla electric vehicles might be premature. Officials for Pegatron Corp., an electronics manufacturer in Taipei, in a statement provided to the El Paso Times late Thursday said the company has ...
T Ai Pei United States Jessica Herrera El Paso Pegatron El Paso John Meza
Source: msn.com

The Daily Dash: No More Money For PPP

3. Results of a quarterly industrial real estate survey showed a surge in activity in response to "strong retail sales and inventory restocking." The 68 reading in late April was the highest level reached on Prologis Industrial Business Indicator since late 2018. 4. XPO Logistics Inc. will build a 1 million-square-foot distribution center for Apple Inc. in the small Indiana town of Clayton. XPOs first-ever contract with the technology titan was part of $4 billion in done deals negotiated by th...
United States Jon Barela John Kingston Alan Adler Logistics Inc Paycheck Protection Program

El Paso | Benzinga

El Paso Corp. (NYSE: EP) announced today that they will “develop their Eagle Ford position (170,000 net acres; 60% oily) without a partner,” Citi reports. “In our opinion, todays announcement will likely be viewed as an initial negative by the Street as a JV could have provided additional sources... Read More... Dont Miss Any Updates! News Directly in Your Inbox Subscribe to:
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Amazon.com, Inc. (NASDAQ:AMZN), TJX Companies, Inc. (The) (NYSE:TJX) - 'Hemispheric Globalization' Could Boost El Paso Trade

Share: FreightWaves recently chatted with Jon Barela, CEO of the Borderplex Alliance, about the port of El Pasos role in global trade and how the city can continue to capitalize on its location along the United States-Mexico border. The Borderplex Alliance is an El Paso-based economic development nonprofit. In the past nine months, Amazon Inc. (NASDAQ: AMZN), T.J. Maxx Inc. (NYSE: TJX) and Critical Materials Corp. have announced plans for major distribution centers in the far West Texas city....
Las Cruces El Paso United States El Paso County New Mexico Dona Ana

'Hemispheric globalization' could boost El Paso trade

Q&A with Jon Barela, CEO of El Paso-based Borderplex Alliance 0 5 minutes read Jon Barela, CEO of El Paso-based Borderplex Alliance, said he sees more nearshoring opportunities for cities along the U.S.-Mexico border in the near future. (Photo: CBP and Borderplex Alliance) FreightWaves recently chatted with Jon Barela, CEO of the Borderplex Alliance, about the port of El Paso’s role in global trade and how the city can continue to capitalize on its location along the United States-Me...
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