Economic News

Newswires RSS Get our newsletter

2024 NOV 21– By a News Reporter-Staff News Editor at Economics Daily Report– Fresh data on Investment are presented in a new report. When the Federal Reserve increases interest rates, global investors tend to shed risky assets in response to the tightening global financial conditions, affecting emerging markets more severely due to their lower credit ratings…

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549. ATHENA TECHNOLOGY ACQUISITION CORP. II. We cordially invite you to attend the 2024 Annual Meeting of Stockholders of Athena Technology Acquisition Corp. II, to be held on Tuesday, December 10, 2024, at 12:30 p.m..

President-elect Donald Trump had promised during his campaign that he would remove Gensler, who has led the U.S. government’ s crackdown on the crypto industry and repeatedly called for more oversight. Gensler served in his position during the SEC's adoption of critical enhancements to the $28 trillion U.S. Treasury markets; the first significant updates to…

While the Federal Reserve has cut its short-term interest rate target by three-quarters of a percentage point since mid-September, 30- year fixed-rate home mortgage rates rose by almost as much during that period and have lately averaged around 6.8%, higher than they were when the Fed began cutting, according to Freddie Mac, the home-loan finance giant.

The Labor Department reported Thursday that jobless claim applications fell by 6,000 to 213,000 for the week of Nov. 16. Weekly applications for jobless benefits are considered a proxy for U.S. layoffs. In response to some weakening employment data and receding consumer prices, the Federal Reserve slashed its benchmark interest rate in September by a half a…

NEW YORK& LONDON—- ACA Group, the leading provider of governance, risk, and compliance solutions to clients in the financial services industry, today announced the launch of the next generation of ACA Vantage for ESG™, its advanced ESG data management and risk monitoring solution. As global regulatory bodies, including the U.S. Securities and Exchange Commission…

—Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates. Several surprisingly strong economic reports, combined with President-elect Donald Trump's policy proposals, have led to a decidedly more cautious tone from the Fed…

Two Federal Reserve governors on Wednesday laid out competing visions of where U.S. monetary policy may be heading, with one citing ongoing concerns about inflation and another expressing confidence that price pressures will continue to ease. The separate speeches by Michelle Bowman and Lisa Cook show the set of concerns central bank officials will be…

Families will have something extra to be grateful for at Thanksgiving as the price of a turkey dinner falls for the second straight year. The American Farm Bureau Federation reported Wednesday that the average Thanksgiving feast for 10 people will cost Americans $58.08, or about $5.80 per person. “The turkey is traditionally the main attraction on the…

Nov. 19— While the Federal Reserve has cut its short-term interest rate target by three-quarters of a percentage point since mid-September, 30- year fixed-rate home mortgage rates rose by almost as much during that period and have lately averaged around 6.8%, higher than they were when the Fed began cutting, according to Freddie Mac, the home-loan finance giant.

ck0001517767-20240930 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-CSR CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act File Number 811-22554 Carlyle Credit Income Fund One Vanderbilt Avenue, Suite 3400 New York, New York 10017 Joshua Lefkowitz, Esq. Chief Legal…

2024 NOV 20– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– New research on Investment is the subject of a report. Our news journalists obtained a quote from the research from Federal Reserve Bank,“ Using this measure, we exploit the random assignment of cases to judges to examine whether judges exposed to fraud in one firm are less likely to…

–President- elect Donald named businessman Howard Lutnick as his pick for Secretary of Commerce Tuesday, a coveted role and the latest in Trump's flurry of cabinet nominations. Trump has argued that tariffs can be used to bring in major revenue for the U.S., pressure nations around the world to comply with U.S. economic demands, and improve the job market in the U.S..

—Inflation in the U.K. rose sharply to a six-month high in October and back above the rate targeted by rate-setters at the Bank of England, official figures showed Wednesday, cementing market expectations that there will be no further cuts in borrowing costs this year. Andrew Bailey cautioned that rates wouldn't be falling too fast over the coming months, partly…

China, the world's second largest economy, is struggling to deal with the bursting of its property and credit market bubbles. As if that was not sufficient reason for concern, the incoming Trump administration looks set to trigger an international trade war with a proposed 60 percent import tariff on China and one of 10– 20 percent on the rest of our trade partners.

According to news reporting from the Federal Reserve Bank of San Francisco by NewsRx journalists, research stated,“ This paper studies the relationship of global supply chain pressure with consumer sentiment, inflation expectation, and monetary policy uncertainty in the United States.”. Our news correspondents obtained a quote from the research from…

KBRA releases its 2025 ABS Sector Outlook, which discusses our expectations for new issue supply in 2025 and provides our views on credit fundamentals among each of the major sectors where KBRA is most active. With November’ s Federal Open Market Committee meeting marking the second rate cut of 2024— coupled with our expectation for further economic expansion…