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Business

U.S. stocks top gains for third straight week in May

May 23, 2022 - Leave a Comment

It’s been another bearish week for U.S. stocks as the major indexes tumbled on a weekly basis. The S&P 500 fell as low as 20% from an all-time high in …

U.S. stocks top gains for third straight week in May Read More
Business

A major cause of inflation may have peaked; good news for consumers, bad news for trucking companies

May 23, 2022 - Leave a Comment

Take note of these sobering statistics: Since the beginning of the year, full-vehicle spot freight rates have fallen by nearly a third, while full-vehicle contract rates have risen. The spread …

A major cause of inflation may have peaked; good news for consumers, bad news for trucking companies Read More
Business

New Labour PM Albanese sworn in, miners push ASX 200 higher; global shares rebound

May 23, 2022 - Leave a Comment

Australian shares rose on Monday, boosted by mining stocks, while Labor leader Anthony Albanese was sworn in as the country’s 31st prime minister after nine years in power in a …

New Labour PM Albanese sworn in, miners push ASX 200 higher; global shares rebound Read More
Business

Electronic Funds Transfer Market Size Worth USD 103.2 Billion, Globally, by 2028 at 8.9% CAGR – Electronic Funds Transfer Industry Report by Vantage Market Research

May 23, 2022 - Leave a Comment

Vantage Market Research, The North Star for the Working World WASHINGTON, May 22, 2022 (GLOBE NEWSWIRE) — Vantage Market Research’s recent analysis of the Global Electronic Funds Transfer Market finds …

Electronic Funds Transfer Market Size Worth USD 103.2 Billion, Globally, by 2028 at 8.9% CAGR – Electronic Funds Transfer Industry Report by Vantage Market Research Read More
Business

Twitter, Amazon’s annual mtgs., baby formula CEO on Capitol Hill, week before Davos kickoff

May 23, 2022 - Leave a Comment

Ken Polcari, managing partner at Kace Capital Advisors, provides insights on the state of the economy on “Kudlow.” Investors are headed for another busy week ahead of more corporate earnings …

Twitter, Amazon’s annual mtgs., baby formula CEO on Capitol Hill, week before Davos kickoff Read More
Business

Market reaction to Australia’s new Labor government will be ‘low-key’, economists say | Australian Economy

May 23, 2022 - Leave a Comment

Labour’s incoming government faces a range of economic problems, from rising inflation to slowing growth, but economists and rating agencies say these potential storms can be weathered and markets will …

Market reaction to Australia’s new Labor government will be ‘low-key’, economists say | Australian Economy Read More
Business

What the recession means for workers scrambling to return to the office

May 23, 2022 - Leave a Comment

People enter the Goldman Sachs headquarters building in New York, U.S., Monday, June 14, 2021. Michael Nagel | Bloomberg | Getty Images The long-standing labor market is making it difficult …

What the recession means for workers scrambling to return to the office Read More
Business

Is the Fed’s favorite inflation gauge continuing to decline?

May 22, 2022 - Leave a Comment

Has inflation slowed US consumer spending? Gregory Daco, chief economist at EY-Parthenon, said U.S. inflation has peaked, but for consumers, the important factor will be how quickly price growth cools, …

Is the Fed’s favorite inflation gauge continuing to decline? Read More
Business

ASX opens lower as Labor takes office

May 22, 2022 - Leave a Comment

Labour will form a government – possibly in its own right – despite receiving less than a third of the vote, but after a night of chaos the Coalition’s ranks …

ASX opens lower as Labor takes office Read More
Business

Biden’s chief economic adviser sidesteps recession, claims U.S. economy is only in ‘transition’

May 22, 2022 - Leave a Comment

newYou can now listen to Fox News articles! President Biden’s top economic adviser on Sunday declined to say whether he thinks the U.S. is headed for a recession, instead claiming …

Biden’s chief economic adviser sidesteps recession, claims U.S. economy is only in ‘transition’ Read More

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