Powell Tells NPR Economy Has Long Road Ahead After Jobs Gain

(Bloomberg) — Federal Reserve Chairman Jerome Powell said that while U.S. unemployment data for August was positive, the economy’s recovery from the coronavirus pandemic has a long road ahead and interest rates will remain low for a long time.

“The recovery is continuing; we do think it will get harder from here,” Powell told National Public Radio in an interview Friday. “Today’s jobs report was a good one,” he said, adding that “to get us back to full employment, we’re going to have to get the disease under control.”

Jerome Powell in a suit standing in front of a flat screen television: Fed Chair Powell Holds Video News Conference Following FOMC Rate Decision

© Bloomberg
Fed Chair Powell Holds Video News Conference Following FOMC Rate Decision

Jerome Powell


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Photographer: Andrew Harrer/Bloomberg

“There may be a modest slowing in the pace of improvement, but improvement goes on. And in the labor market, I would say it goes on at least at the pace we expected.”

Powell spoke hours after a report showed the

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How to check your credit score

Finding out your credit score seems like it should be pretty easy, right? After all, there’s that website AnnualCreditReport.com where you can get your credit reports for free every year. But once you get there you will discover that free credit reports are not the same thing as free credit scores.

a man sitting at a table using a laptop: Man working on laptop and phone

© andresr/E+/Getty Images
Man working on laptop and phone

Unlike your credit report, you are not entitled by law to a free credit score. Fortunately, there are many ways to obtain your credit score, with or without paying for it.


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Wait-aren’t your scores based on the information in your credit reports? Yes, they are. Let’s dive in and talk about how to get your credit scores.

Where can I check my credit score?

You can purchase your score from the major credit bureaus-Equifax, Experian and TransUnion-and even directly from FICO. If you buy it from the bureaus,

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FTI Consulting Expands Global Aviation Offering

Enhances Restructuring, Transactions, Reputational and Transformation Expertise with the Appointment of Six Senior Professionals

WASHINGTON, Aug. 06, 2020 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced continued investment in its Aviation offering with the launch of a dedicated global industry practice and the appointment of two Senior Managing Directors and four Managing Directors. This team will immediately enhance the firm’s depth of expertise for airlines, manufacturers, lenders, lessors, investors and other aviation-industry players, as they continue to respond to the changing environment, stabilize their businesses amid profound uncertainty and take a leading position to emerge from the downturn.

Marc Bilbao and Neal Cohen join FTI Consulting as Senior Managing Directors within the Corporate Finance & Restructuring segment and Co-Leaders of the global Aviation offering. Scott Farnsworth, Joseph Kazanovski and Beau Roy have joined the Corporate Finance & Restructuring segment as Managing Directors. Earlier this year in March, Susan

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Pennsylvania’s Erie Insurance Appoints Neumaier as Chief Information Security Officer

Erie Insurance has appointed Jamie Neumaier as chief information security officer (CISO), effective September 10. He will continue to work from Erie Insurance’s home office in Erie, Penn.

Neumaier will report directly to Robert Ingram, executive vice president and chief information officer, to lead Erie’s cybersecurity operations and manage the company’s information security policies, governance and architecture. He succeeds Keith Kennedy, Erie’s outgoing CISO, who has taken a new role leading the company’s innovation area.

Jamie Neumaier

Neumaier joined Erie Insurance in 2004 as a lead information security analyst, was promoted to security architect in 2009 and has held various leadership roles in information security since 2010. He currently serves as vice president of information technology and leads Erie’s information security department.

Before joining Erie Insurance, Neumaier worked at GE Transportation as a technical analyst, where he led information security initiatives.

Source: Erie Insurance

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C-Innovation Installs Stem Clamps on BP’s Mad Dog

September 4, 2020

Mad Dog Spar - Credit: BP

Mad Dog Spar – Credit: BP



Subsea ROV services provider C-Innovation has installed several stem clamps for BP under the Mad Dog Spar platform in the U.S. Gulf of Mexico.

Informing of the completion of the project for BP, C-Innovation said it had used its subsea inspection, maintenance and repair (IMR) remotely operated vehicle (ROV) vessel, MV Dove, for the project.

The subsea services company, an affiliate of Edison Chouest Offshore (ECO) said the project was completed 10 days ahead of BP’s schedule.

The company modified the ROV, including armoring with Lexan polycarbonate, design of new manipulator mounting subframes to extend the reach of the manipulators by 12 in. and installation of enhanced manipulator controls systems.

Ryan Combs, project manager, C-Innovation, said, “C-I was engaged by BP early in the project lifecycle to provide input into the

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Apple Amps Up Clean Energy Effort With Investment in Huge Onshore Wind Turbines

Onshore wind turbine construction near the Danish town of Esbjerg. (Image: Apple)

As part of its plan to become carbon neutral by 2030, Apple today announced an investment in two wind turbines on the coast of Denmark. 

These aren’t just any wind turbines, though. At more than 650 feet tall, Apple claims they’ll be “two of the world’s largest onshore wind turbines, a source of clean, renewable energy that will bring its supply chain and products one step closer to carbon neutrality.”

Apple's Viborg data centerApple’s Viborg data center (Image: Apple)

The wind turbines are capable of producing 62 gigawatt hours each year, which could power almost 20,000 homes, Apple says. However, they will first power Apple’s data center in Viborg, and any excess energy will go to the Danish grid. They’ll also function as a test site for offshore wind turbines.

The Viborg data center is more than 48,000 square feet and

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Health is wealth! Tips to achieve total wellness

Money expert, Ja’Net Adams offers three critical tips to achieving both financial and physical wealth

GREENSBORO, N.C. — Health is wealth and this thought goes deeper than the $2 Aspirin you purchased at the store.  This is about total wealth which could mean a healthy bank account as well as a healthy body.

Money expert Ja’Net Adams offers some insight based on a CNBC report that says a couple in retirement will end up spending $285,000 on healthcare. “Women will spend $150,000 while men will spend $135,000,” said Adams.  “Looking at these numbers it is easy to see that health is wealth and I want to share a few tips on how to win at both.”

Adams, who wrote the book, The Money Attractoroffers three tips to achieve both physical and financial health.

“You don’t have to run a marathon everyday or lift weights. You can get started

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Global Cardiac Rhythm Management (CRM) Devices Industry

Global Cardiac Rhythm Management (CRM) Devices Market to Reach $31. 2 Billion by 2027. Amid the COVID-19 crisis, the global market for Cardiac Rhythm Management (CRM) Devices estimated at US$20.

New York, Sept. 04, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Cardiac Rhythm Management (CRM) Devices Industry” – https://www.reportlinker.com/p05817941/?utm_source=GNW
4 Billion in the year 2020, is projected to reach a revised size of US$31.2 Billion by 2027, growing at a CAGR of 6.3% over the analysis period 2020-2027. Pacemakers, one of the segments analyzed in the report, is projected to record a 6.4% CAGR and reach US$9.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Defibrillators segment is readjusted to a revised 6.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $5.5

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BHP’s Road To Reduced Emissions Should Be Electric

Oil companies are already working to address that issue. Eni SpA, Shell, Total SE and Repsol SA all have plans to reduce the emissions intensity of their products by about a third by the 2030s, with sharper cuts to 2050. BP Plc has signed up to a more ambitious target, reducing oil production 40% by 2030.

The big iron miners, on the other hand, have made do with only the vaguest of promises. Fortescue Metals Group Ltd. refuses to even disclose its easily calculated Scope 3 total. BHP’s announcement of its plans Sept. 10 is likely to set a benchmark for other companies. New Chief Executive Officer Mike Henry has good reason to be bold.

To see why, it’s worth considering what makes BHP unique among big miners. Unlike its peers, the company also has a significant petroleum business, with gas comprising about 55% of its 109 million barrels of

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UPDATE 1-EU finance ministers will discuss recovery, joint revenues at Berlin meeting – Scholz

(Adds Scholz quotes)

By Michael Nienaber

BERLIN, Sept 3 (Reuters) – EU finance ministers will discuss in Berlin next week the implementation of a 750 billion euro recovery package and how to give the bloc its own resources to pay back joint debt, German Finance Minister Olaf Scholz said on Thursday.

European Union leaders in July clinched an historic deal on a massive debt-financed stimulus plan for their coronavirus-throttled economies, but they left open details on how quickly the funds should flow and how the bloc would repay the borrowed money.

Speaking at an event of the Bruegel institute via video-link, Scholz said Germany, which currently holds the rotating presidency of the 27-nation EU, wanted to finish the process of setting up the recovery plan and the EU’s long-term budget.

“For the recovery to be truly successful, we must recover together and use this opportunity to transform our economy,” Scholz

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