Steve Matthews’ 2020 Kentucky Derby analysis

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  • Profit Line represents Steve Matthews’ judgment of the horse’s chances of winning based on post time odds. Horses should only be played to win or used in exotic wagers if they meet or exceed their profit line.

1. Finnick the Fierce

A 50-1 long shot that’s slow on final numbers and has to overcome the rail and a 56-day layoff. On the plus side, he’s fired two 5-furlong bullets at the Thoroughbred Training Center in Lexington. Everything in horse racing is about price; even at 100-1, Finnick the Fierce would still be too short.

Morning Line: 50-1. Profit Line: 150-1.

2. Max Player

Max Player makes his first start since moving to the Steve Asmussen barn after making a big forward move on the numbers when third in the Travers last time. The son of Honor Code has drilled three times since that effort, can handle the 10-furlong distance and

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China’s Xi promises more market opening at trade fair

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BEIJING (AP) — President Xi Jinping pledged to open China’s service industries wider to foreign competitors as its first in-person trade fair since the coronavirus outbreak opened under intensive anti-disease controls.

Xi gave no details in his speech Friday night, but Chinese leaders are emphasizing development of tourism, retailing and other services. They are part of a campaign to nurture economic growth driven by consumer spending instead of exports and investment.

China will “relax market access for service industries” and “actively expand imports of high-quality services,” Xi said at the China International Fair for Trade in Services.

Xi appeared on a video screen before Chinese businesspeople and a handful of foreign VIPs who wore masks and sat in widely spaced chairs at a convention center adjacent to the site of the 2008 Summer Olympics. Most exhibitors from abroad are participating via the internet because Beijing has yet to relax curbs

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Lincoln Financial Group to Participate in the Keefe, Bruyette & Woods Virtual Insurance Conference

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Live Webcast Available

Lincoln Financial Group (NYSE:LNC) announced today that Randy J. Freitag, executive vice president, chief financial officer and head of individual life of Lincoln Financial Group, will present at the Keefe, Bruyette & Woods Virtual Insurance Conference on Wednesday, September 9, 2020 at approximately 9:10 a.m. Eastern Time.

Mr. Freitag will participate in a question and answer session covering a variety of industry and company-specific topics.

The live presentation will be available at www.lfg.com/webcast. Please go to the website at least fifteen minutes prior to the event to register and download any necessary streaming media software. A replay will be available for 30 days from the same link one hour after the webcast concludes.

About Lincoln Financial Group

Lincoln Financial Group provides advice and solutions that help people take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance

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Banishing Our Nation’s Blind Spot About Blue-Collar Economic Potential

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Part of Kathy Caprino’s series “Supporting Today’s Workforce”

The U.S. Bureau of Labor Statistics released the nation’s July Jobs Report on August 7, and despite the recession and Covid-19 crisis leaving millions unemployed, a quiet revolution is underway. An ongoing blue-collar expansion continues as business leaders, entrepreneurs and job seekers find growth in this emerging sector. This revolution is what blue-collar entrepreneur Ken Rusk calls the “blue-collar boom.”  

According to the Center for Economic Policy & Research (CEPR)’s Blue Collar Job Tracker, employment in construction, manufacturing, and mining and logging increased by 669,000 or 3.58 % in May. The construction sector gained 464,000 jobs in May, a 7.05 % increase, albeit largely a recovery from April’s losses.  

To learn more about the blue-collar boom and the economic potential it represents, I caught up with Rusk, the author of the new book Blue-Collar

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BHP’s Road To Reduced Emissions Should Be Electric

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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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Genus plc to Announce Preliminary 2020 Year End Financial and Business Results on September 8, 2020

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BASINGSTOKE, United Kingdom & MADISON, Wis.–(BUSINESS WIRE)–Genus plc (LSE: GNS), a world leading animal genetics company producing superior breeding livestock through genetic improvement, today announced that it will release its preliminary financial results for the full year ended June 30, 2020, and provide a business update on recent corporate developments in its worldwide porcine and bovine genetics businesses, on Tuesday, September 8, 2020.

Webcast Results Presentation

A pre-recorded briefing by management to discuss the preliminary results for the year ended June 30, 2020 will be held via a video webcast facility and will be accessible at the following link beginning at 7:01 AM BST, 1:01 AM EDT on September 8th: https://webcasting.buchanan.uk.com/broadcast/5f28011c65023062edd7e24a.

An archived recording of the webcast will also be available on the Investors section of the Company’s website.

About Genus

Genus advances animal breeding and genetic improvement by applying biotechnology and sells added value products for livestock

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ANALYSIS-Brazil economy outshines Mexico after surprise role reversal

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By Jamie McGeever and Dave Graham

BRASILIA/MEXICO CITY, Sept 4 (Reuters)The divergence between the Latin America’s two largest economies, Brazil and Mexico, is widening as the region’s most prominent left- and right-wing leaders adopt stridently different fiscal responses to the COVID-19 pandemic.

Their approaches, however, are not what would be expected – and investors are adapting accordingly.

The right-wing administration of President Jair Bolsonaro – which came to office last year pledging to lower public spending and cut Brazil’s debt – has opened the taps and spent billions on unemployment benefits.

Meanwhile, in Mexico, President Andres Manuel Lopez Obrador’s left-wing government – which promised to tackle poverty with state spending programs – has kept an iron grip on its purse strings.

Economists at Credit Suisse have estimated that Brazil’s spending in response to the epidemic was not only three times higher than the median for emerging market

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Guess Which State Came Last in Rating for ‘Economic Outlook’

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The American Legislative Exchange Council once again ran the numbers to find which states have the best and worst economic outlooks. Utah came in first, followed by Wyoming, Idaho, Indiana, and North Carolina. There were several factors at play.

“The empirical evidence and analysis in this edition of Rich States, Poor States illustrate which policies encourage greater economic opportunity and which are obstacles to growth,” the report’s author Jonathan Williams writes. “The evidence is clear that competitive tax rates, thoughtful regulations, and responsible spending lead to more opportunities for all Americans. State economies grow and flourish when lawmakers trust people, not government, to create long-term prosperity.”

And once again, if you didn’t guess by now, for the sixth year in a row, the Empire State came in dead last.

New York is currently ranked 50th in the United States for its economic outlook,” RichStates PoorStates reports. “This is a

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As grocery store prices rise, Labor Day deals can save you money on meats, cheeses

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Meat is one of the food groups experiencing the steepest price increase, with the cost of beef and veal rising 20.2 percent.

TAMPA, Fla. — Planning on grilling and cooking up a storm this weekend for the Labor Day holiday? It’ll cost you more thanks to rising grocery store prices. But if you’re a savvy shopper, you may actually be able to save thanks to weekend sales. 

Whether it’s the cost of eggs or meat, nearly every food price is rising. According to the Bureau of Economic Analysis, over the past two years, beef and veal saw the biggest price spike of 20.2 percent, eggs rose 10.4 percent, chicken 8.6 percent and pork 8.5 percent.

Initially, it was supply chain interruptions due to coronavirus that caused prices to skyrocket. Many grocery stores said they simply had trouble keeping their shelves stocked. But as supply problems settled, prices kept rising with

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The IRS says coronavirus economic impact payments can be seized for this reason

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While the government works to protect groups of individuals who are having their economic impact payments wrongfully seized, there is one specific category of taxpayers who the IRS said can have their checks legally garnished.

The CARES Act did not prohibit the payments to offset for back-due child support. This is the only reason that the government can take a stimulus check and it means people who have had their names submitted to the IRS for tax refund intercept might have their stimulus check reduced or garnished.

The Department of Revenue might submit your name to the IRS if you owe past due support of more than $150 and the other parent received public assistance benefits for the child or if you owe $500 or

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