China says manufacturing activity expanded in December

Economists polled by Reuters expected the official December manufacturing PMI to come in at 50.1. Manufacturing PMI was 50.2 for the month of November, said China’s National Bureau of Statistics. The sectors of food and beverage, clothing, medicine, and automobiles were some of the sectors that saw robust expansion in manufacturing activity, the bureau added. The official PMI survey typically polls a large proportion of big businesses and state-owned enterprises. Results of a private manufacturi


Economists polled by Reuters expected the official December manufacturing PMI to come in at 50.1.
Manufacturing PMI was 50.2 for the month of November, said China’s National Bureau of Statistics.
The sectors of food and beverage, clothing, medicine, and automobiles were some of the sectors that saw robust expansion in manufacturing activity, the bureau added.
The official PMI survey typically polls a large proportion of big businesses and state-owned enterprises.
Results of a private manufacturi
China says manufacturing activity expanded in December Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-31  Authors: huileng tan
Keywords: news, cnbc, companies, trade, sectors, activity, expanded, manufacturing, expansion, statistics, china, month, bureau, survey, pmi, official


China says manufacturing activity expanded in December

This photo taken on May 3, 2018 shows a worker cutting steel at a factory in Huaibei in China’s eastern Anhui province.

China’s official Purchasing Managers’ Index for manufacturing came in slightly above expectations at 50.2 for the month of December, the country’s statistics bureau said on Tuesday.

Economists polled by Reuters expected the official December manufacturing PMI to come in at 50.1.

Manufacturing PMI was 50.2 for the month of November, said China’s National Bureau of Statistics.

PMI readings above 50 indicate expansion, while those below that level signal contraction.

The National Bureau of Statistics said in a report that production quickened in December, while demand also expanded.

The sectors of food and beverage, clothing, medicine, and automobiles were some of the sectors that saw robust expansion in manufacturing activity, the bureau added.

In December, new export orders increased for the first time since May 2018, according to Reuters’ records.

Even though December was the second straight month of expansion for the official manufacturing PMI, economists from Nomura cautioned that the trend may not be sustainable due to strong growth headwinds from the cooling property sector and worsening fiscal situation.

“We do not think Beijing will overreact to the two consecutive above-50 manufacturing PMI readings, as we believe it learned the lesson from spring this year, when some headline data pointed to a seeming recovery,” they wrote in a note on Tuesday. “We expect Beijing to roll out more easing measures despite limited policy room in coming quarters.”

Tuesday’s data came as the U.S. and China remain locked in a long-drawn trade dispute that has weighed on sentiment.

On December 13, the U.S. and China announced that they had reached a phase one trade deal including some tariff relief, increased agricultural purchases and structural change to intellectual property and technology issues.

The official PMI survey typically polls a large proportion of big businesses and state-owned enterprises. Results of a private manufacturing PMI survey by Markit/Caixin — which features a bigger mix of small- and medium-sized firms — will be released on Thursday.


Company: cnbc, Activity: cnbc, Date: 2019-12-31  Authors: huileng tan
Keywords: news, cnbc, companies, trade, sectors, activity, expanded, manufacturing, expansion, statistics, china, month, bureau, survey, pmi, official


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25% of Americans have an error on their credit report—here’s how to dispute it

Credit report errors can lower your credit score, impact your chances of qualifying for new credit and result in less favorable loan terms. Dispute credit report errorsAfter you have gathered supporting documents, it’s time to begin the actual dispute process with each credit bureau. Box 4500Allen, TX 75013 By phone: (888) 397-3742TransUnionOnline: dispute.transunion.com By mail: Download the dispute form Mail the dispute form with your letter to: TransUnion LLCConsumer Dispute CenterP.O. If the


Credit report errors can lower your credit score, impact your chances of qualifying for new credit and result in less favorable loan terms.
Dispute credit report errorsAfter you have gathered supporting documents, it’s time to begin the actual dispute process with each credit bureau.
Box 4500Allen, TX 75013 By phone: (888) 397-3742TransUnionOnline: dispute.transunion.com By mail: Download the dispute form Mail the dispute form with your letter to: TransUnion LLCConsumer Dispute CenterP.O.
If the
25% of Americans have an error on their credit report—here’s how to dispute it Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-30  Authors: alexandria white
Keywords: news, cnbc, companies, errors, americans, information, credit, report, letter, error, reportheres, form, bureau, mail, dispute


25% of Americans have an error on their credit report—here's how to dispute it

If you notice an error on your credit report, it’s in your best interest to get it fixed as quickly as possible. About 25% of Americans have an error on their credit reports, according to a 2012 study by the Federal Trade Commission (FTC). And a 2015 follow-up study found that 70% of consumers with a least one unresolved dispute from the original study still believe the dispute was not fully resolved. Credit report errors can lower your credit score, impact your chances of qualifying for new credit and result in less favorable loan terms. If you notice an error on your credit report, follow CNBC Select’s five steps to dispute it.

How to dispute a credit report error

Review your credit reports Gather documents to dispute errors Dispute credit report errors Review the results of the dispute Check your credit reports

1. Review your credit reports

The Consumer Financial Protection Bureau (CFPB) provides examples of common credit report errors, including: identity errors (wrong name, phone number or address), incorrect reporting of account status (closed accounts reported as open or you’re shown as the owner of an account when you’re just an authorized user), data management errors (reinsertion of incorrect information after it was corrected) and balance errors (incorrect current balance or credit limit). You can easily check your credit report for free from annualcreditreport.com, CreditWise from Capital One and Experian, among other resources. Before you contact the credit bureaus to report an error, make sure you’ve got a legitimate claim. There’s a chance you may initially think something, such as a late payment, is a mistake, but it is correct.

2. Gather documents to dispute errors

Once you confirmed that a discrepancy on your credit report is an error, gather any supporting documents and information that can assist your dispute, such as credit card statements, bank statements, emails or letters. This information will help support your dispute and may speed up the process.

3. Dispute credit report errors

After you have gathered supporting documents, it’s time to begin the actual dispute process with each credit bureau. This can be done online, by mail or by phone. We recommend disputing online or by mail so you have proof of your dispute. If you decide to dispute by mail, send a detailed letter to the credit bureaus and attach copies of any supporting documents. The FTC has a sample letter you can use. The CFPB recommends that if you send a letter, do it via certified mail with return receipt requested so you have a record that your letter was received. Here’s how to submit a dispute with the three credit bureaus:

Equifax

Online: equifax.com/personal/credit-report-services/credit-dispute/ By mail: Download the dispute form Mail the dispute form with your letter to: Equifax Information Services LLC

P.O. Box 740256

Atlanta, GA 30348 By phone: (866) 349-5191

Experian

Online: experian.com/disputes/main.html By mail: Download the dispute form Mail the dispute form with your letter to: Experian

P.O. Box 4500

Allen, TX 75013 By phone: (888) 397-3742

TransUnion

Online: dispute.transunion.com By mail: Download the dispute form Mail the dispute form with your letter to: TransUnion LLC

Consumer Dispute Center

P.O. Box 2000

Chester, PA 19016 By phone: (800) 916-8800 You may also want to dispute the error with the company that provided the information to the credit bureau, known as the “furnisher.” This may be a credit card issuer or bank. You can send a letter to the furnisher or contact them by phone.

4. Review the results of the dispute

The timeline for resolving a dispute varies, but generally credit bureaus have to respond to your dispute within 30 days. If the credit bureau agrees The credit bureau will provide the results in writing and a free copy of your credit report, if the dispute results in a change. In addition, you can request the bureau to send notice of any corrections to anyone who received your credit report in the past six months. Legally, the credit bureau has to report the issue to the other two bureaus. If the credit bureau disagrees The credit bureau may deny your dispute for various reasons, such as your claim is deemed frivolous or the information included in your report is accurate. If that’s that case, the bureau can choose not to investigate the dispute, but they must send you a notice within five days of the decision. If your dispute was denied, all hope isn’t lost. You can still file a written statement of dispute with the credit bureaus that can be included in your credit report. You can ask the credit bureau to provide this statement to anyone who received a copy of your report in the recent past, but there may be a fee. And if you think the credit bureau didn’t take reasonable action to resolve your dispute, you can also file a complaint with the FTC or the CFPB.

5. Check your credit reports

It can take time for any updates to your credit report to appear, so be patient. Regularly monitor your credit reports to ensure the change is made. If you don’t see the corrections within a few months, contact the credit bureaus and furnisher to verify the information was updated.

Bottom line

If you find an error on your credit report, make sure you dispute it as quickly as possible. A credit report error may not seem like a big deal, but it is. What you may think is an insignificant error can cost you in the long run when you apply for a credit card, mortgage or auto loan. To protect against credit report errors, we recommend you freeze your credit and regularly check your credit score and credit reports. Additional Reading: The best credit cards for fair and average credit of 2020

Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the CNBC Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.


Company: cnbc, Activity: cnbc, Date: 2019-12-30  Authors: alexandria white
Keywords: news, cnbc, companies, errors, americans, information, credit, report, letter, error, reportheres, form, bureau, mail, dispute


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Judge in Jeffrey Epstein case says jail death was ‘unthinkable,’ calls for prison reform

Judge Richard Berman also is calling for reforms to be carried out in the U.S. prison system in light of Epstein’s death in a Manhattan federal jail, which authorities have ruled was a suicide by hanging. and to carry out appropriate reforms,” wrote Berman, who serves in U.S. District Court in Manhattan. “We all agree that it is unthinkable that any detainee, let alone a high-profile detainee like Mr. Epstein, would die unnoticed at the Metropolitan Correctional Center,” Berman wrote in his lett


Judge Richard Berman also is calling for reforms to be carried out in the U.S. prison system in light of Epstein’s death in a Manhattan federal jail, which authorities have ruled was a suicide by hanging.
and to carry out appropriate reforms,” wrote Berman, who serves in U.S. District Court in Manhattan.
“We all agree that it is unthinkable that any detainee, let alone a high-profile detainee like Mr. Epstein, would die unnoticed at the Metropolitan Correctional Center,” Berman wrote in his lett
Judge in Jeffrey Epstein case says jail death was ‘unthinkable,’ calls for prison reform Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-26  Authors: dan mangan
Keywords: news, cnbc, companies, prison, unthinkable, jeffrey, epstein, case, reform, prisons, federal, death, bureau, jail, calls, epsteins, wrote, judge, conditions, berman


Judge in Jeffrey Epstein case says jail death was 'unthinkable,' calls for prison reform

The federal judge who oversaw Jeffrey Epstein’s child sex trafficking case says “it is unthinkable” that any jail inmate — let alone one with such a high profile as Epstein — would die in custody, as the wealthy investor did this summer.

Judge Richard Berman also is calling for reforms to be carried out in the U.S. prison system in light of Epstein’s death in a Manhattan federal jail, which authorities have ruled was a suicide by hanging.

Berman, in a letter to The New York Times, said the indictment last week of two guards there for allegedly covering up their failure to check on Epstein in his cell in the hours before he died Aug. 10 “is not the full accounting to which Mr. Epstein’s family, his alleged victims and the public are entitled.”

“It would be a tragic and costly missed opportunity for the Bureau of Prisons and the United States attorney general [William Barr] to fail to undertake — and to make public — an in-depth evaluation of prison conditions (not only at the M.C.C.) and to carry out appropriate reforms,” wrote Berman, who serves in U.S. District Court in Manhattan.

“We all agree that it is unthinkable that any detainee, let alone a high-profile detainee like Mr. Epstein, would die unnoticed at the Metropolitan Correctional Center,” Berman wrote in his letter to the Times. “It is the job of the Bureau of Prisons to ensure the safety and security of federal inmates.”

Berman added, “There is at the very least anecdotal evidence that chronic understaffing, subpar living conditions, violence, gang activity, racial tension and the prevalence of drugs and contraband are the norms in many of our prisons.”

“These conditions are worsened by the absence of necessary services, including meaningful mental health and drug rehabilitation, not to mention adequate heat and hot water,” he wrote.

Berman’s office said the judge was unavailable to talk to CNBC on Tuesday about his letter.

Spokesmen for the U.S. Justice Department and the Bureau of Prisons did not immediately respond to requests for comment.

Epstein, 66, was arrested in July on charges of trafficking dozens of underage girls from 2002 through 2005 so that he could sexually abuse them at his residences in Manhattan and Palm Beach, Florida.

The case made international headlines due to Epstein’s past friendships with Presidents Donald Trump and Bill Clinton and Britain’s Prince Andrew, Epstein’s vast wealth and a previous sex crime case involving a minor girl in Florida, where he served just 13 months in jail beginning in 2008.


Company: cnbc, Activity: cnbc, Date: 2019-11-26  Authors: dan mangan
Keywords: news, cnbc, companies, prison, unthinkable, jeffrey, epstein, case, reform, prisons, federal, death, bureau, jail, calls, epsteins, wrote, judge, conditions, berman


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Supreme Court will hear challenge to Consumer Financial Protection Bureau

Signage is displayed inside the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., on Monday, March 4, 2019. The Supreme Court on Friday announced that it will hear a case challenging the constitutionality of the Consumer Financial Protection Bureau, a regulatory agency established in the wake of the 2008 financial crisis. Given the CFPB’s broad law enforcement powers, that independence is unconstitutional, Seila Law has argued in court papers. If Trump loses his


Signage is displayed inside the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., on Monday, March 4, 2019.
The Supreme Court on Friday announced that it will hear a case challenging the constitutionality of the Consumer Financial Protection Bureau, a regulatory agency established in the wake of the 2008 financial crisis.
Given the CFPB’s broad law enforcement powers, that independence is unconstitutional, Seila Law has argued in court papers.
If Trump loses his
Supreme Court will hear challenge to Consumer Financial Protection Bureau Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-18  Authors: tucker higgins
Keywords: news, cnbc, companies, director, agency, court, consumer, president, challenge, supreme, law, financial, protection, case, hear, bureau, cfpb


Supreme Court will hear challenge to Consumer Financial Protection Bureau

Signage is displayed inside the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., on Monday, March 4, 2019.

The Supreme Court on Friday announced that it will hear a case challenging the constitutionality of the Consumer Financial Protection Bureau, a regulatory agency established in the wake of the 2008 financial crisis.

The case was brought by Seila Law, a California-based law firm, which alleges that the structure of the agency grants too much power to its director, in violation of the Constitution’s separation of powers.

Unlike the heads of many other federal agencies, the director of the CFPB may only be removed by the president “for inefficiency, neglect of duty, or malfeasance in office.” Given the CFPB’s broad law enforcement powers, that independence is unconstitutional, Seila Law has argued in court papers.

In an order posted Friday, the justices asked both sides to address whether the bureau can remain even if its structure is found to be unconstitutional.

A decision in the case is likely by the end of June, meaning that the fate of the regulator will be announced in the middle of the 2020 presidential campaign. That could be particularly significant for Sen. Elizabeth Warren, a consumer advocate whose role in creating the agency has formed a central pillar of her presidential bid.

It is possible that a ruling against the CFPB would maintain the agency but only on the condition that its director, who serves a five-year term, can be removed at the pleasure of the president. If Trump loses his reelection bid in 2020, that would mean that a Democrat will be able to replace Trump’s current appointee, CFPB director Kathy Kraninger, when they take office.

Read more: The head of the CFPB now believes that the financial regulator is unconstitutionally structured

To date, the CFPB has survived multiple court challenges.

The federal appeals court in Washington upheld the agency last year on the basis that the Supreme Court, more than 80 years ago, signed off on the Federal Trade Commission, a similarly structured regulator, in the 1935 case Humphrey’s Executor. In May, the CFPB defeated Seila Law before a panel of the 9th U.S. Circuit Court of Appeals.

“Seila Law contends that an agency with the CFPB’s broad law-enforcement powers may not be headed by a single Director removable by the President only for cause. That argument is not without force,” Circuit Judge Paul Watford wrote for the court.

But, he said, given Humphrey’s Executor and a later case which reaffirmed the ruling, the CFPB is constitutional.

“The Supreme Court is of course free to revisit those precedents, but we are not,” he wrote.

Under President Donald Trump, the CFPB has already dramatically pared back its role as a financial watchdog. A report published by the Consumer Federation of America earlier this year found that the agency had dropped enforcement activity 80% compared with its peak in 2015. Average monetary relief, the report found, was down 96%.

Given the makeup of the Supreme Court, it’s likely that the agency’s structure could be struck down.

Justice Brett Kavanaugh, whose confirmation last year delivered conservatives a reliable majority, made clear in a dissent from the Washington appeals court decision upholding the bureau that he believes the structure of the CFPB is impermissible.

“Indeed, other than the President, the Director of the CFPB is the single most powerful official in the entire U.S. Government, at least when measured in terms of unilateral power,” Kavanaugh wrote at the time. “That is not an overstatement.”

Notably, Kavanaugh did write in that dissent that he believed the director’s independence could be limited while leaving the rest of the bureau intact, “so that the Director of the CFPB is supervised, directed, and removable at will by the President.”

The case is Seila Law v. Consumer Financial Protection Bureau, No. 19-7.


Company: cnbc, Activity: cnbc, Date: 2019-10-18  Authors: tucker higgins
Keywords: news, cnbc, companies, director, agency, court, consumer, president, challenge, supreme, law, financial, protection, case, hear, bureau, cfpb


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The top 10 best places to retire

There’s no place like home. Unless, of course, you are retired. Lured by better weather, lower taxes or an improved quality of life, many older Americans consider relocating to stateS like Florida or the Carolinas. To that end, U.S. News & World Report determined the best places to retire based on criteria such as housing affordability, taxes, health care and overall happiness, using data from sources including the Tax Foundation, Census Bureau and Bureau of Labor Statistics.


There’s no place like home. Unless, of course, you are retired. Lured by better weather, lower taxes or an improved quality of life, many older Americans consider relocating to stateS like Florida or the Carolinas. To that end, U.S. News & World Report determined the best places to retire based on criteria such as housing affordability, taxes, health care and overall happiness, using data from sources including the Tax Foundation, Census Bureau and Bureau of Labor Statistics.
The top 10 best places to retire Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-08  Authors: jessica dickler
Keywords: news, cnbc, companies, unless, taxes, using, best, bureau, world, places, statistics, theres, retire, weather, states, tax


The top 10 best places to retire

There’s no place like home. Unless, of course, you are retired.

Lured by better weather, lower taxes or an improved quality of life, many older Americans consider relocating to stateS like Florida or the Carolinas.

To that end, U.S. News & World Report determined the best places to retire based on criteria such as housing affordability, taxes, health care and overall happiness, using data from sources including the Tax Foundation, Census Bureau and Bureau of Labor Statistics.


Company: cnbc, Activity: cnbc, Date: 2019-10-08  Authors: jessica dickler
Keywords: news, cnbc, companies, unless, taxes, using, best, bureau, world, places, statistics, theres, retire, weather, states, tax


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Attorney General William Barr tamps down conspiracy theories, but notes ‘irregularities’ at jail where Jeffrey Epstein died

Jeffrey Epstein’s death was ruled a suicide by hanging, and Attorney General William Barr said Wednesday that he has no reason to doubt it — despite “irregularities” at the jail where the accused child sex trafficker died. Asked if the Epstein’s death suggested broader problems with the Bureau of Prisons, Barr said, “I do think that there are some irregularities at the center.” The attorney general said last week that he was “appalled” to hear Epstein — a former friend of Presidents Bill Clinton


Jeffrey Epstein’s death was ruled a suicide by hanging, and Attorney General William Barr said Wednesday that he has no reason to doubt it — despite “irregularities” at the jail where the accused child sex trafficker died. Asked if the Epstein’s death suggested broader problems with the Bureau of Prisons, Barr said, “I do think that there are some irregularities at the center.” The attorney general said last week that he was “appalled” to hear Epstein — a former friend of Presidents Bill Clinton
Attorney General William Barr tamps down conspiracy theories, but notes ‘irregularities’ at jail where Jeffrey Epstein died Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-21  Authors: kevin breuninger, jacob pramuk
Keywords: news, cnbc, companies, theories, died, general, barr, jeffrey, prisons, metropolitan, bureau, suicide, william, roundtable, attorney, irregularities, jail, ordered, epstein, notes, tamps


Attorney General William Barr tamps down conspiracy theories, but notes 'irregularities' at jail where Jeffrey Epstein died

Jeffrey Epstein’s death was ruled a suicide by hanging, and Attorney General William Barr said Wednesday that he has no reason to doubt it — despite “irregularities” at the jail where the accused child sex trafficker died.

The 66-year-old financier’s apparent suicide this month in a jail cell in lower Manhattan sent shockwaves through the political landscape, allowing a wave of conspiracy theories about a possible cover-up to saturate social media.

But Barr, the top law enforcement official in the U.S., pushed back on Wednesday, telling reporters at a roundtable event in Dallas that he has “seen nothing that undercuts the finding of the medical examiner that this was a suicide.”

Asked if the Epstein’s death suggested broader problems with the Bureau of Prisons, Barr said, “I do think that there are some irregularities at the center.”

But he said he has “every confidence” that his new hand-picked director to run the bureau, Kathy Hawk Sawyer, will “be able to address any management or operational deficiencies at the bureau.”

The attorney general said last week that he was “appalled” to hear Epstein — a former friend of Presidents Bill Clinton and Donald Trump who was likely the most high-profile inmate in the country — had been able to die while incarcerated.

The attorney general had ordered the FBI and the Justice Department watchdog’s office to investigate the Metropolitan Correctional Center, where Epstein was incarcerated.

Shortly after, the prison warden for the Metropolitan Correctional Center at the time of the suicide was reassigned, and Barr later ordered the removal of the acting director of the Bureau of Prisons, Hugh Hurwitz.

At the roundtable Wednesday, Barr said the investigations into the jail are “well along.”


Company: cnbc, Activity: cnbc, Date: 2019-08-21  Authors: kevin breuninger, jacob pramuk
Keywords: news, cnbc, companies, theories, died, general, barr, jeffrey, prisons, metropolitan, bureau, suicide, william, roundtable, attorney, irregularities, jail, ordered, epstein, notes, tamps


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Attorney General Barr orders removal of acting US prisons director after Epstein’s death

US Attorney General William Barr testifies before the Senate Judiciary Committee on “The Justice Department’s Investigation of Russian Interference with the 2016 Presidential Election” on Capitol Hill in Washington, DC, on May 1, 2019. Attorney General William Barr has ordered the removal of a top U.S. prisons official following Jeffrey Epstein’s death. In a statement Monday, the attorney general said he will name Kathleen Hawk Sawyer the new director of the Federal Bureau of Prisons. She will s


US Attorney General William Barr testifies before the Senate Judiciary Committee on “The Justice Department’s Investigation of Russian Interference with the 2016 Presidential Election” on Capitol Hill in Washington, DC, on May 1, 2019. Attorney General William Barr has ordered the removal of a top U.S. prisons official following Jeffrey Epstein’s death. In a statement Monday, the attorney general said he will name Kathleen Hawk Sawyer the new director of the Federal Bureau of Prisons. She will s
Attorney General Barr orders removal of acting US prisons director after Epstein’s death Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-19  Authors: jacob pramuk
Keywords: news, cnbc, companies, trafficking, prisons, hawk, federal, director, epsteins, william, general, bureau, orders, death, attorney, removal, barr, acting


Attorney General Barr orders removal of acting US prisons director after Epstein's death

US Attorney General William Barr testifies before the Senate Judiciary Committee on “The Justice Department’s Investigation of Russian Interference with the 2016 Presidential Election” on Capitol Hill in Washington, DC, on May 1, 2019.

Attorney General William Barr has ordered the removal of a top U.S. prisons official following Jeffrey Epstein’s death.

In a statement Monday, the attorney general said he will name Kathleen Hawk Sawyer the new director of the Federal Bureau of Prisons. She will succeed Hugh Hurwitz, acting director of the agency that oversees inmates in federal prisons.

Barr said he will appoint Thomas Kane as deputy director of the prisons bureau. Meanwhile, Hurwitz will lead the agency’s Reentry Services Division, according to the attorney general.

“I am pleased to welcome back Dr. Hawk Sawyer as the Director of the Federal Bureau of Prisons. Under Dr. Hawk Sawyer’s previous tenure at the Bureau, she led the agency with excellence, innovation, and efficiency, receiving numerous awards for her outstanding leadership,” Barr said in a statement that did not mention Epstein’s death.

Epstein, a 66-year-old financier, was found dead in his Manhattan jail cell earlier this month as he awaited trial on charges of sex trafficking of minors and sex trafficking conspiracy. His death was ruled a suicide by hanging. The former friend of Presidents Bill Clinton and Donald Trump had pleaded not guilty to the charges.


Company: cnbc, Activity: cnbc, Date: 2019-08-19  Authors: jacob pramuk
Keywords: news, cnbc, companies, trafficking, prisons, hawk, federal, director, epsteins, william, general, bureau, orders, death, attorney, removal, barr, acting


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Warden of jail where Jeffrey Epstein killed himself reassigned, two guards placed on leave on orders of Attorney General William Barr

A New York Medical Examiner’s car is parked outside the Metropolitan Correctional Center where financier Jeffrey Epstein was being held, on August 10, 2019, in New York. The warden of the federal jail in New York City where wealthy financier Jeffrey Epstein killed himself was replaced Tuesday on orders of Attorney General William Barr pending investigations into the incident, the Justice Department said. Replacing Shirley Skipper-Scott as acting warden of the MCC is James Petrucci, the warden of


A New York Medical Examiner’s car is parked outside the Metropolitan Correctional Center where financier Jeffrey Epstein was being held, on August 10, 2019, in New York. The warden of the federal jail in New York City where wealthy financier Jeffrey Epstein killed himself was replaced Tuesday on orders of Attorney General William Barr pending investigations into the incident, the Justice Department said. Replacing Shirley Skipper-Scott as acting warden of the MCC is James Petrucci, the warden of
Warden of jail where Jeffrey Epstein killed himself reassigned, two guards placed on leave on orders of Attorney General William Barr Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-13  Authors: dan mangan kevin breuninger, dan mangan, kevin breuninger
Keywords: news, cnbc, companies, bureau, jail, leave, orders, placed, york, epstein, warden, william, justice, respond, killed, guards, request, reassigned, metropolitan, jeffrey, prisons


Warden of jail where Jeffrey Epstein killed himself reassigned, two guards placed on leave on orders of Attorney General William Barr

A New York Medical Examiner’s car is parked outside the Metropolitan Correctional Center where financier Jeffrey Epstein was being held, on August 10, 2019, in New York.

The warden of the federal jail in New York City where wealthy financier Jeffrey Epstein killed himself was replaced Tuesday on orders of Attorney General William Barr pending investigations into the incident, the Justice Department said.

The U.S. Bureau of Prisons also placed two staffers at the Metropolitan Correctional Center who had been assigned to Epstein’s cell unit on administrative leave as probes into the death of the accused child sex trafficker continue.

“Additional actions may be taken as the circumstances warrant,” said Justice Department spokeswoman Kerri Kupec.

Replacing Shirley Skipper-Scott as acting warden of the MCC is James Petrucci, the warden of the federal prison in Otisville, New York.

Skipper-Scott has been transferred to the Bureau of Prison’s Northeast Regional Office.

A lawyer for Epstein, who was a former friend of Presidents Donald Trump and Bill Clinton, did not immediately respond to CNBC’s request for comment.

The Bureau of Prisons also did not respond for a request for comment.


Company: cnbc, Activity: cnbc, Date: 2019-08-13  Authors: dan mangan kevin breuninger, dan mangan, kevin breuninger
Keywords: news, cnbc, companies, bureau, jail, leave, orders, placed, york, epstein, warden, william, justice, respond, killed, guards, request, reassigned, metropolitan, jeffrey, prisons


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China posts its lowest quarterly growth in 27 years as the trade war drags on

China released second-quarter figures on Monday showing that its economy slowed to 6.2% — the weakest rate in at least 27 years, as the country’s trade war with the U.S. took its toll. From April to June, China’s economy grew 6.2% from a year ago, the country’s statistics bureau said on Monday. The second quarter economic growth was the country’s slowest pace since the first quarter of 1992 — the earliest quarterly data on record, according to Reuters. China’s statistics bureau said the economy


China released second-quarter figures on Monday showing that its economy slowed to 6.2% — the weakest rate in at least 27 years, as the country’s trade war with the U.S. took its toll. From April to June, China’s economy grew 6.2% from a year ago, the country’s statistics bureau said on Monday. The second quarter economic growth was the country’s slowest pace since the first quarter of 1992 — the earliest quarterly data on record, according to Reuters. China’s statistics bureau said the economy
China posts its lowest quarterly growth in 27 years as the trade war drags on Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-15  Authors: huileng tan
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China posts its lowest quarterly growth in 27 years as the trade war drags on

China released second-quarter figures on Monday showing that its economy slowed to 6.2% — the weakest rate in at least 27 years, as the country’s trade war with the U.S. took its toll.

From April to June, China’s economy grew 6.2% from a year ago, the country’s statistics bureau said on Monday. That was in line with the expectations of analysts polled by Reuters, and lower than the 6.4% year-on-year growth in the first quarter of 2019.

The second quarter economic growth was the country’s slowest pace since the first quarter of 1992 — the earliest quarterly data on record, according to Reuters.

China’s statistics bureau said the economy faces a complex situation with increasing external uncertainties, Reuters reported. The world’s second largest economy also faces new downward pressures and will try to ensure steady economic growth, the statistics bureau added.

China’s months-long trade dispute with the U.S. has weighed on its economy.

“Uncertainty caused by the US-China trade war was an important factor and we think this will persist, despite the recent tariff truce, ” said Tom Rafferty, principal economist for China at The Economist Intelligence Unit.

“Businesses remain skeptical that the two countries will reach a broader trade agreement and recognise that trade tensions may escalate again,” wrote Rafferty in a note on Monday.

One analyst said he will be watching China’s employment numbers more closely for a better read of the economy.

“Are factories shedding workers as their order book falls? Because that leads to the overall target of saying ‘we want to grow employment’ — and the social structure of China hinges on that, and I think that’s very important for the authorities,” said Colin Graham, Chief Investment Officer of multi asset solutions at Eastspring Investments.

Graham said there is room for the People’s Bank of China to introduce more fiscal stimulus in the months ahead to steady the economy.

“They have room to make sure the economy doesn’t slow too quickly,” Graham told CNBC’s “Street Signs” on Monday after the GDP numbers were released. He said he expected China’s 2019 full-year GDP growth to be flat at between 6.2% and 6.3% from a year ago.


Company: cnbc, Activity: cnbc, Date: 2019-07-15  Authors: huileng tan
Keywords: news, cnbc, companies, countrys, drags, growth, 27, quarter, chinas, quarterly, lowest, economy, trade, war, bureau, statistics, 62, china, posts


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Amid swine fever outbreak, China’s pork output in the first half of 2019 falls

China’s pork output fell by less than expected in the first half as the country tackles a devastating disease outbreak, although official data showed conflicting figures on the size of the decline in the hog herd. Feng said pork output should have declined by more than 10%. Live hog prices were steady through much of the second quarter but began rising “fiercely” in early June, said Feng. Rising pork prices are pushing overall food prices to their highest in years. Total meat output including po


China’s pork output fell by less than expected in the first half as the country tackles a devastating disease outbreak, although official data showed conflicting figures on the size of the decline in the hog herd. Feng said pork output should have declined by more than 10%. Live hog prices were steady through much of the second quarter but began rising “fiercely” in early June, said Feng. Rising pork prices are pushing overall food prices to their highest in years. Total meat output including po
Amid swine fever outbreak, China’s pork output in the first half of 2019 falls Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-15
Keywords: news, cnbc, companies, bureau, hog, prices, outbreak, half, yuan, chinas, herd, 2019, million, pork, output, swine, amid, falls, fever


Amid swine fever outbreak, China's pork output in the first half of 2019 falls

A hired hand feeds a sow which recently gave birth to a new litter at the Grand Canal Pig Farm in Jiaxing, in China’s Zhejiang province.

China’s pork output fell by less than expected in the first half as the country tackles a devastating disease outbreak, although official data showed conflicting figures on the size of the decline in the hog herd.

China produced 24.7 million tonnes of pork in the first six months of 2019, down 5.5% from a year earlier, according to figures from the National Bureau of Statistics, amid a severe epidemic of African swine fever.

China’s hog herd — the world’s largest — declined 15% from a year ago to 347.61 million head, the bureau said, as pigs died from the virus and farmers held back from restocking.

But figures from the Ministry of Agriculture and Rural Affairs on the same day said the herd had shrunk 25.8% in June from a year earlier, with the number of sows down 26.7%. The ministry does not publish total number of pigs.

Analysts were surprised at the fall in pork output, which showed the pace of decline little changed from 5.2 percent in the first quarter, even as swine fever has spread to every province in China.

“It’s much smaller than expected,” said Feng Yonghui, chief analyst at industry portal Soozhu.com. “The gap between this and the decline in pig herd is too big.”

Feng said pork output should have declined by more than 10%.

The number of slaughtered hogs in the first half fell 6.2% to 313.46 million head, the statistics bureau said.

Others have also questioned official data on China’s hog herd. Four people who supply large farms recently told Reuters as many as half of China’s sows have either died from African swine fever or been slaughtered because of the spreading disease.

African swine fever is not harmful to humans but kills almost all pigs it infects.

Live hog prices were steady through much of the second quarter but began rising “fiercely” in early June, said Feng. Average prices have hit 17.8 yuan ($2.59) per kilogram, up from 14.2 yuan at the end of May.

Retail pork prices reached 26.45 yuan per kg in the final week of June, up 33% on the year, according to weekly data from the Ministry of Agriculture and Rural Affairs, but still some way off the record of 31.56 yuan in June 2016.

Rising pork prices are pushing overall food prices to their highest in years.

Beijing has urged poultry producers to boost output to help supplement the fall in pork production.

Output of poultry meat rose 5.6% in the first six months, while beef output increased 2.4% and lamb output rose 1.4%, the bureau said.

Total meat output including pork, beef, lamb and poultry fell 2.1% in the first half to 39 million tonnes.


Company: cnbc, Activity: cnbc, Date: 2019-07-15
Keywords: news, cnbc, companies, bureau, hog, prices, outbreak, half, yuan, chinas, herd, 2019, million, pork, output, swine, amid, falls, fever


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