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Economic News

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Will Nevada’s economy support state services for the next 2 years?

May 1, 2025

Economic experts are giving a tepid forecast for future state revenues during an hourslong Nevada Economic Forum presentation Thursday that will determine what Nevada can afford as legislators weigh passing new policy while maintaining a balanced budget. The Trump administration "s tariffs and the ongoing trade war will do damage to the nation" s economy,…

Researchers from Federal Reserve Board Report Recent Findings in CDC and FDA (Household Excess Savings and the Transmission of Monetary Policy): CDC and FDA

May 1, 2025

2025 MAY 01– By a News Reporter-Staff News Editor at CDC& FDA Daily– New research on CDC and FDA is the subject of a report. For more information on this research see: Household Excess Savings and the Transmission of Monetary Policy. International Journal of Central Banking, 2025; 21: 1-36. International Journal of Central Banking can be contacted at: Assoc…

Gold price bulls have the upper hand amid rising US-China trade tensions; US CPI report in focus

May 1, 2025

Recently, gold prices have seen an uptick, driven primarily by the rising tensions between the United States and China, compounded by expectations of a more dovish Federal Reserve. The ongoing trade war between the US and China continues to create waves in the global economy, and its impact on the gold market is clear. The US- China trade tensions have escalated,…

Bitcoin Price: Investors Take $600M Out of ETFs – Is BTC Going to $60K?

May 1, 2025

A series of events, from ETF outflows to Federal Reserve policy shifts, have added to the uncertainty surrounding BTC’s near-term price action. The professionals at Vestronmix provide detailed insights into this matter within the article.. Data from Farside Investors reveals that April 7 and April 8 were particularly troublesome for Bitcoin…

Gold Price Forecast: XAU/USD Hangs Close to Record Highs Above $3,200, US Data Eyed

May 1, 2025

The XAU/USD pair is underpinned by an ongoing US Dollar decline, rising tensions between the United States and China, and dovish expectations around future Federal Reserve policy moves. The deepening trade conflict between the US and China has emerged as a primary driver behind the latest rally in Gold prices. The US President’s unexpected move to raise…

Silver Price Forecast: XAG/USD Maintains Position Near $31.50 Due to Rising Trade Tensions

May 1, 2025

Silver remains resilient, sustaining its recent bullish momentum as it trades near $31.30 during Friday’s Asian session. The precious metal is on track for a third consecutive daily gain, driven by a combination of safe-haven demand, a weaker US Dollar, and increased speculation around monetary policy easing by the Federal Reserve.. The dollar’s decline…

Average rate on a US 30-year mortgage eases to 6.76%, its second straight weekly decline

May 1, 2025

The average rate on a 30- year mortgage in the U.S. eased again this week, modest relief for prospective home shoppers during what’ s traditionally the busiest time of the year for the housing market. Mortgage rates are influenced by several factors, including global demand for U.S. Treasurys, the Federal Reserve’ s interest rate policy decisions and bond market…

March 31, 2025 U.S. Bank N.A. (Cincinnati, OH)

May 1, 2025

Board of Governors of the Federal Reserve System OMB Number 7100-0036 Federal Deposit Insurance Corporation OMB Number 3064-0052 Office of the Comptroller of the Currency OMB Number 1557-0081. Federal Financial Institutions Examination Council. This report is required by law: 12 U.S.C.§ 324; 12 U.S.C.§ 1817; 12 U.S.C.§ consolidated subsidiaries in U.S….

Northern Trust Pension Universe Data: Canadian Pension Plans Generated Positive Q1 Returns in Turbulent Markets

May 1, 2025

Financial markets were roiled in Q1 by heightened macro uncertainty and elevated levels of volatility, primarily driven by tariff directives announced by the U.S. administration. Some major central banks chose to cut interest rates as progress on inflation continued, while the U.S. Federal Reserve maintained its level of interest rates and exercised a…

Notice of Effectiveness (Form EFFECT)

May 1, 2025

Distributed via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission, on May 01, 2025 at 10:20 UTC.

GBP/USD Lurches Higher as Risk Aversion Abates

May 1, 2025

The GBP/USD currency pair took a decisive leg higher on Thursday, driven by an easing of global risk aversion and a broader reversal in Greenback flows. Although the move brought Cable closer to the psychological 1.3000 level, upside momentum remains constrained as macroeconomic uncertainties linger.. With the Federal Reserve having expended significant…

AXIS Capital Q1 2025 Financial Supplement

April 30, 2025

AXIS CAPITAL HOLDINGS LIMITED INVESTOR FINANCIAL SUPPLEMENT FIRST QUARTER 2025 AXIS Capital Holdings Limited 92 Pitts Bay Road. This report is for informational purposes only. It should be read in conjunction with the documents that the Company files with the Securities and Exchange Commission pursuant to the Securities Act of 1933 and the Securities…

First Quarter 2025 Quarterly Financial Supplement

April 30, 2025

Exhibit 99.2 Prudential Financial, Inc. Quarterly Financial Supplement First Quarter 2025. Reference is made to Prudential Financial, Inc.' s filings with the Securities and Exchange Commission for general information and consolidated financial information. COMBINED STATEMENTS OF OPERATIONS- AOI TO U.S. GAAP RECONCILIATION OF REVENUES AND BENEFITS AND…

MetLife Announces 1Q 2025 Results

April 30, 2025

MetLife, Inc. today announced its first quarter 2025 results. Supplemental slides for the first quarter of 2025, titled“ 1 Q25 Supplemental Slides” are available on the MetLife Investor Relations website at https://investor.metlife.com and in the Form 8- K furnished by MetLife to the U.S. Securities and Exchange Commission in connection with this earnings…

G30 report on upcoming Federal Reserve monetary policy framework review calls for changes to improve implementation and communication of monetary policy

April 30, 2025

The Group of Thirty today published "The Federal Reserve Monetary Policy Framework Review: A Comprehensive Approach to Improve Robustness", chaired by William C. Dudley. WASHINGTON, April 30, 2025/ PRNewswire-PRWeb/– The Group of Thirty today published "The Federal Reserve Monetary Policy Framework Review: A Comprehensive Approach to Improve Robustness."

Wells Fargo closer to ending of Federal Reserve asset cap

April 30, 2025

Still looming: the Federal Reserve's consent order that imposed a $1.95 trillion asset cap in 2018 in response to the bank's fraudulent checking account scandal that erupted in September 2016. The cap has put Wells Fargo at a competitive disadvantage compared with its national bank peers JPMorgan Chase& Co., Bank of American Corp. and Citigroup.

U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt business

April 30, 2025

The U.S. economy shrank 0.3% from January through March, first drop in three years. It was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before President Donald Trump imposed massive tariffs. Trump inherited a solid economy that had grown steadily despite high interest rates imposed by the Federal Reserve to fight…

Lazard Proxy Supplement 2025

April 30, 2025

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549. Institutional Shareholder Services 702 King Farm Boulevard, Suite 400. Re: Lazard, Inc.- Inconsistencies in ISS Report on Say-on-Pay Proposal.

Additional Proxy Soliciting Materials (Form DEFA14A)

April 30, 2025

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 14 A Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Filed by the Registrant☒ Filed by a Party other than the Registrant☐ Check the appropriate box: Lazard, Inc. Payment of Filing Fee: Institutional Shareholder Services 702 King Farm Boulevard, Suite…

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