Press release | Press releases | Press room
03.04.22
WASHINGTON – US Senate Majority Whip Dick Durbin (D-IL) and US Senator Tammy Duckworth (D-IL) were joined by Representatives Danny K. Davis (D- IL) and Brad Schneider (D-IL) to introd...
State Federal Unemployment Insurance Loan Payments
Summary. The Governor's Budget 2022-23 proposes a General Fund of $1 billion in 2022-23 and $2 billion in 2023-24 to make state payments on federal Unemployment Insurance (UI) loans the state received duri...
Japanese economy rebounds on strong spending, Omicron dims outlook
Breadcrumb Links PMN Company Author of the article: Reuters Leika Kihara and Daniel Leussink Content of the article TOKYO – Japan's economy rebounded in the last three months of...
IAG confident in business ‘reset’ despite falling first-half profits – Daily – Insurance News
IAG today reported insurance profit of $282 million for the six months ending December, down 57.7% from the corresponding period in 2020, but CEO and Managing Director Nick Hawkins says that the company ...
CEO reports consumer spending is at fastest pace that he’s seen |
NEW YORK (AP) - The head of the nation's s...
Investors face many more hurdles as it looks like the ride will be bumpy in 2022
Risky assets performed well during the holiday season, but that did not carry over into 2022 as most major asset classes declined in the first week of the year.
As investors position th...
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Asian stocks remain strong in bullish start to 2022
A screen shows the Nikkei Index after a ceremony marking the end of trading in 2021 on the Tokyo Stock Exchange (TSE) in Tokyo, Japan on December 30, 2021. REUTERS / Kim Kyung-HoonRegister now for FREE and unl...
Economist and private sector leaders predict crisis in Trinidad and Tobago
News
Ria chaitram
4 hours ago
A line of Kiss bread for sale at Benefit The People supermarket in San Juan. Bread prices will increase in early January. - PH...
The economic recovery sent home prices soaring in the third quarter
Ramon Royandoyan - Philstar.comDecember 29, 2021 | 4:18 p.m.
MANILA, Philippines - House prices in the country rebounded in the third quarter after two consecutive quarters of decline, the Bangko Sentral n...
5 Things You Should Know For Dec 23: Covid, Capitol Riot, Student Loans, Russia, Supply Chain
CNN
By Andrew Torgan, CNN
Some parts of the US see a rare white Christmas this weekend. And speaking of the holidays, 5 Things is taking the day off tomorrow to do some last minute shopping.
...
Consumers spending at fastest pace he’s seen – The North State Journal
FILE - Bank of America CEO and Chairman Brian Moynihan speaks at the United Nations Climate Change Conference COP26 in Glasgow, Scotland on November 2, 2021. Moynihan said consumers are spending "at a faster...
Norges Bank and BoE Hike, the ECB retains the option
Market players today
After the frenzy of central bank meetings, attention is now shifting to economic publications.
In Germany, the IFO business climate survey for December is expected to decline a bit beca...
Credibility and capacity of South Korean economy help overcome Covid-19 pandemic crisis, Deputy Prime Minister says
Seoul, December 16 (IANS) The credibility and capacity of the South Korean economy accumulated before the Covid-19 outbreak has helped the export-driven economy weather the external shock of the global pandemi...
Sasfin : Forex Daily Market – US consumer confidence cratered in H2
Today's talking point
Michigan Consumer Confidence in the United States: Dec P
Expected: 68.0
Previous: 67.4
...
Is Walmart a Purchase Under $ 140?
Walmart (WMT) is one of the largest retailers in the world, generating more than $ 500 billion in revenue per year. However, the stock has collapsed over the past year as investors bet on higher ...
Phoenix Loan Survey Results Reveal Supply Chain Constraints The Biggest Concern For … | News
PHILADELPHIA, December 09, 2021 (GLOBE NEWSWIRE) - Starting in the fourth qua...
QUOTES 2-What investors are saying about the new virus …
LONDON, Nov. 26 (Reuters) - Wall Street stock indices fell to open after the Thanksgiving break in the United Sta...
There is enough money in the system to solve the global gold supply crisis to stay stuck at neutral – USBWM
Editor's Note: With such market volatility, stay up to date with the daily news! In minutes, discover our quick summary of today's must-see news and expert opinions. Register here !
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Biden to keep Powell as Fed chair, Brainard gets vice chair | Your Money
WASHINGTON (AP) - President Joe Biden on Monday announced he is appointing Jer...
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Canadian banks’ lending recovery seen clouded by hot inflation
TORONTO, Nov. 18 (Reuters) - Soaring inflation and rising bond yields are expected to boost Canadian bank profit margins, which have languished during the pandemic, but an aggressive central bank response could...
Northern Ireland consumer confidence collapses
Consumer confidence in Northern Ireland has collapsed, according to a new survey.
...
Bank of England heading for sharp rate decision
Breadcrumb Links PMN company Author of the article: Reuters Guillaume Schomberg Content of the article LONDON - The Bank of England is heading towards its most unpredictable int...
Vale’s earnings disappoint with inflation on top of iron collapse
Breadcrumb Links PMN company Author of the article: Bloomberg News Mariana Durao Release date : October 29, 2021 • 39 minutes ago • 2 minutes to read • Join the con...
Bank of Canada Ends Quantitative Easing; Increases forecast for possible rate increases – 2nd update
By Kim Mackrael and Paul Vieira OTTAWA - The Bank of Canada has said it will end quantitative easing and may hike its overnight key rate earlier than expected, as policymakers try to dispel concer...
BOJ to challenge global rate hike trend and lower price outlook
BOJ to keep rates stable, decision due at 0300-0500GMTBOJ to release new quarterly growth, inflation f'castsBoard to reduce growth this year, f'casts prices - sourcesThe BOJ maintains its forecast for a modera...
Human Cost of the Pacific’s COVID-19 Recession
Women selling coconut and gourd in Intoap, PNG.Source: P. Mathur / Bioversity International / Flickr The socio-economic impacts of COVID-19 devastate communities in the Pacific and Timor-Leste as much as the vi...
India is set to grow 8.5% in 2022 and will retain the label of fastest growing economy: IMF
NEW DELHI: India is set to retain the label of the fastest growing economy in the world, with the International Monetary Fund (IMF) forecasting 8.5% growth for the year 2022. In its latest World Economic Outloo...
New York and New England natural gas utilities warn customers of higher rates this winter
Utilities in New York and New England are warning customers to expect higher home heating bills this winter amid rising global demand and prices for natural gas.
National Fuel Gas Distribution Cor...
Major sectors require revolutionary reforms – CEO, DataPro Group
Published 10 October 2021
In this interview with journalists, the Chief Executive Officer, DataPro Group, an indigenous credit rating agency, Abimbola Adeseyoju, speaks on relevance of credit ratings on org...
Tighter lending rules a positive for banks | Lithgow Mercury
news, nationalA global credit rating agency says the decision by the Australian banking supervisor to tighten lending rules for new home loans is a positive step for the banking industry's long-term risk profil...
RBI Policy: Preparing the Ground for Standardization
On the other hand, the informal sector continues to struggle, with job losses and income declines.By Prasanna BalachanderMuch has changed in the global and national context since the August meeting of the MPC....
‘Just ridiculous’: European gas increases 60% in two days as EU sounds the alarm
Breadcrumb Links Petroleum gas PF energy Some energy-intensive businesses have shut down because they are getting too expensive to operate Author of the article: Bloomberg News ...
Inflation in September is expected to accelerate to 5-5.2%
Expensive food due to weather-induced supply constraints and high oil prices likely pushed headline inflation to at least 5% in September, said the majority of economists polled by the Inquirer last week.
Out...
Can lending controls solve the problem of unaffordable housing?
October 2, 2021HHOUSES RATES in the rich world are growing at their fastest pace in 30 years. Those in America rose a record 19.7% in July, according to figures released on September 28. House prices measured...
Supply constraints lead ACT Research to reduce its forecasts
According to the recently published Transportation Digest by ACT Research, the North American commercial vehicle industry is facing material capacity constraints that dictate the speed at which the industry ...
For the economy, Labor Day launches a period of great uncertainty
There are also important questions about the impending impact the expiration of extended unemployment benefits for millions of Americans on Monday, the recent end of a national moratorium on evictions, as well ...
Who Should Worry About Inflation—And Who Shouldn’t – Forbes Advisor
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors.
...
Philippines significantly cuts 2021 economic growth target due to blockade
Manila: The Philippines lowered its economic growth targets this year, reflecting the effects of blocking the metropolitan area for two weeks to contain the spread of variants of the delta coronavirus, an inte...
What will happen when 7.5M Americans lose benefits
Half point | iStock | Getty ImagesMany Americans view Labor Day with dread. This is when some 7.5 million of them will stop receiving their unemployment benefits.That number is more than five times the 1.3 m...
Big investors stick to bond bets after painful run
Updates to US Treasury BondsSign up for myFT Daily Digest to be the first to know about the latest on US Treasury bonds.
Big bond investors are sticking to bets against US government debt, sayi...
Weekend reading: Tensions in the labor market threaten to derail Britain’s economic recovery
The UK labor market is coming to life.
After months of closure due to Covid, businesses are finally welcoming customers through their doors again - and ramping up hires to meet growing demand.
...
On the COVID-19 frontline: tackling an invisible enemy from defence and homeland security budgets
Emerging from the rubble of the global financial crisis, nations around the world have anticipated the late 2010s and early 2020s as an opportunity to rebuild shrinking budgets. Unlike regions like the Un...
Asian stocks extend global rally after US jobs report
TOKYO (Reuters) - Most Asian stocks rose on Monday, extending the rally that took global stocks to an all-time high after a US jobs report signaled the economic recovery remained intact but did not yet justi...
S&P Warns of Systemic Risk for Banks; bad loans can remain high
Indian banks will face systemic risk as the country weathers the aftermath of the second wave of COVID and bad loans are likely to remain elevated for a time, S&P Global Ratings said in a recent r...
Black and Latinx Americans Have Seen “Catastrophic” Declines in Life Expectancy
Although James Toussaint has never had covid, the pandemic is taking a profound toll on his health.
First, the 57-year-old lost his job delivering parts for a New Orleans auto dealership in spring 2020, whe...
Bookies, VE and food delivery: Europe’s 2021 winners and losers
Breadcrumb Links PMN company Author of the article: Bloomberg News Joe Easton and Macarena Munoz Content of the article (Bloomberg) - Bookies, EV makers and banks were among ...
The second wave of COVID hits the MSMEs sector hard; bad loans on the rise
The current economic difficulties are causing a drop in consumption, which is reflected in the performance of almost all industrial sectors, small and large.
The auto industry was hit hard in May with ...
World economy back at pre-pandemic level: Data firm, Economy News & Top Stories
PARIS (AFP) - The global economy has passed its pre-pandemic peak, data investigation firm IHS Markit said on Monday, as recovery accelerates thanks to vaccination and end restrictions related to the pande...
A million jobs in May?
Editor's Note: Morning Money is a free version of the POLITICO Pro Financial Services morning newsletter, which is sent to our subscribers each morning at 6 a.m. The POLITICO Pro platform combines the ne...
Why China can’t stop the copper rally
Production of copper wire, cable in coils in a factory.
...
Economy faces changing challenges as global COVID-19 rebound accelerates
Friday, June 11, 2021, 5:28 a.m.Press release: ASB
Growing pains ahead for the on-going economic recovery in New ZealandThe housing market is about to come ...
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Factbox: How global central banks are tilting as discussions over Fed tapering develop
While the US Federal Reserve has publicly pledged to keep interest rates close to zero for a while, there is growing expectation that accelerating inflation may push the central bank to start serious discuss...
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Indian cenbank focuses on growth because inflation is not “persistent”
Shaktikanta Das, Governor of the Reserve Bank of India (RBI), attends a press conference in Mumbai, India on December 12, 2018. REUTERS / Danish Siddiqui / File photoThe Reserve Bank of India (RBI) kept ...
Can Financial and Legal Elites Start the Climate Revolution?
An expert's point of view on a current event.
June 3, 2021, 4:28 PM
Will the spring of 2021 prove to be a pivotal moment in the climate crisis? Last week, th...
Daily Fundamental Oil Price Forecasts – Technical Factors Capping Gains Before EIA Inventories Report
US West Texas Intermediate crude oil futures and the international benchmark Brent are trading slightly higher on Thursday after giving up most of their earlier gains. Price action is likely driven by profi...
Indonesia’s proposed VAT hike draws flak from businesses
JAKARTA - As Indonesia considers tax hikes to cover stimulus spending triggered by the pandemic, the country's business community is warning that higher levies could dampen an emerging economic recovery afte...
South African economy continues to rebound from 2020 recession
The South African economy continues to rebound after the 2020 recession, albeit at different growth rates across sectors, the South African Reserve Bank's Financial Stability Review (FSR) revealed.
On T...
S&P Confirms Philippines’ BBB + Rating, Reports Increased Debt Risks
On Thursday, S&P Global Ratings confirmed its credit ratings for the Philippines, but pointed out such downside risks such as increased government debt stock. In its latest report, S&P mainta...
Heading for U- shaped recession
By Dr. Santosh Kumar Mohapatra
The pandemic shuddered and quivered the world, dominated public discourse, and dissent. As theCovid second wave engulfs India, it is well understood that there can be no ...
DOGE Leapfrogs ADA and BNB resilience takes fourth place
BloombergGlobal Rebound Euphoria tests central bankers' nerves on risk(Bloomberg) - As the world barely goes through the worst of an unprecedented crisis, central bankers are already wondering if the next on...
US stocks are mixed; Bitcoin resumes decline: markets roll up
This content was published on May 21, 2021 - 20:05
May 21, 2021 - 20:05
(Bloomberg) - U.S. stocks have been mixed after investors were partially surprised by the volatility of trading in high-risk assets ...
Deere Reports Second Quarter Net Income of $1.790 Billion
Deere & Company (NYSE: DE) reported net income of $1.790 billion for the second quarter ended May 2, 2021, or $5.68 per share, compared with net income of $666 million, or $2.11&...
IFC announces $2 bn commitment to speed up Africa’s recovery from pandemic – Economy – Business
The International Finance Corporation (IFC), a member of the World Bank Group, on Wednesday announced a commitment of $ 2 billion to support small businesses and increase trade in Africa to accelerate th...
Mortgage Rates Today, May 15, & Rate Forecast For Next Week
Current mortgage and refinancing rates
Average mortgage rates edged down yesterday. It was a welcome end to a mediocre week for these rates. Because this saw goes up (some appreciable) on the fou...
How a stock-market selloff made junk bonds an unlikely safe haven
Inflation fears have not wreaked havoc everywhere.U.S. stocks posted a weekly loss after warm April inflation data scared investors bracing for a roaring, but potentially messy economic recovery. Their debt...
US stocks rebound after rout, bond yields fall
US stocks rebounded Thursday after falling for three consecutive days and benchmark T-bill yields fell, as investors grabbed stocks that would benefit from an economic recovery and ignored concerns about the...
Oil on track to 9-week high amid rising demand outlook
Oil prices rose for a fourth day on Wednesday, putting both benchmarks on track for their highest close in nearly nine weeks, on signs of a rapid economic recovery and optimistic forecasts for demand of ener...
The USD fell while the Nasdaq fell
The USD edged down against a number of its counterparts yesterday, although the currency king tended to stay rather numb as we wait for the US CPI rates to be released for April tomorrow. US yields and th...
Indian central bank takes steps to dampen NPL formation amid COVID-19
The surge in COVID-19 cases in India may spike bad loans in the banking sector, but the country's latest central bank measures may lessen the impact of the New wave that threatens to disrupt the country's co...
Bank supervision must follow new normal, says central bank
THE THE BANKING SYSTEM remains resilient amid the pandemic, but the Bangko Sentral ng Pilipinas (BSP) said it may be necessary to reassess current banking regulations to accommodate...
Back from Brink, but overtaken by GBP / USD
- GBP / EUR is considering rally to 1.16 but gains are slowing- Pending the realization of bullish recovery forecasts in the United Kingdom- Is overtaken by the GBP / USD pair during the fall of the USD, gl...
Will the surge in Covid infections in India derail its economic rebound?
The resurgence of Covid-19 infections threatens to derail India's economic recovery, prompting the country's c...
Review a lost year and expect an economic recovery | Print edition
View (s): “The Sri Lankan economy contracted 3.6% in real ...
COVID Photos at Dracula’s Castle
Morning Message from South ChinaTrade with China: Coronavirus crisis in India, recovery in US economy boosted numbers, but 'cyclical peak' loomsThe recovery in the US economy and the coronavirus crisis in In...
EMERGING MARKETS – Malaysian equities, ringgit decline ahead of bank meeting; Rupiah up
* Graphic: World FX rates tmsnrt.rs/2RBWI5E
* BNM seen holding rates, providing fiscal support
* Increase in virus cases in Asia to dent FX appeal -
analyst
* Rupiah at seven-week high
B...
New homes cost $ 36,000 more due to epic lumber shortage
As the pandemic crushed the U.S. economy last spring, sawmills halted lumber production to prepare f...
MYOB: SME Confidence In Economic Performance Still Cautious
Monday, May 3, 2021, 10:03 amPress release: MYOB
New information from the annual MYOB Business Monitor has shown that the SME sector remains cautious about t...
Annual consumer inflation rises to 11.1% in April
The April overshoot contrasts with the government's forecast. (Representative image)Annual consumer inflation reached 11.1% in April against 9.1% in March.The April overshoot contrasts with the gove...
UAE economy is performing better than expected, recovering in 2021
The UAE economy has performed better than expected in 2020 despite the current global challenges brought on by the COVID-19 pandemic, said Abdulla bin Touq Al Mari, Minister of Economy, following the release...