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Economic News
U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. Remember when President Bill Clinton got impeached or when baseball's Mark McGwire hit his 70th home run against the Montreal Expos? That was the last time the U.S. stock market closed out a second straight year with a leap…
The Federal Reserve lowered the target for the federal funds rate by another quarter point last week while signaling fewer rate cuts in 2025 than previously anticipated. Reflecting this, the yield on the benchmark 10- year Treasury has risen nearly 100 basis points since the first rate cut in September. However, with inflation already below the median FOMC…
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549. Date of Report: December 27, 2024. On December 27, 2024, Cedar Realty Trust, Inc. issued a press release announcing a tender offer to purchase up to an aggregate amount paid of $12,500,000 of shares of its 6.50% Series C Cumulative Redeemable Preferred Stock.
U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. Remember when President Bill Clinton got impeached or when baseball's Mark McGwire hit his 70th home run against the Montreal Expos? That was the last time the U.S. stock market closed out a second straight year with a leap…
Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ SCHEDULE 14 C INFORMATION Information Statement Pursuant to Section 14 (c) of the Securities Exchange Act of 1934 ______________________ Check the appropriate box: GLOBALSTAR, INC. Payment of Filing Fee: GLOBALSTAR, INC. 1351 HOLIDAY SQUARE BLVD….
–During the daily analysis of the commodity markets, the gold market is one that I’ m paying close attention to, because I think there are a lot of different moving pieces at the moment.– For starters, we have a situation where interest rates in the United States continue to climb, despite the fact that the Federal Reserve continues to cut rates.– As an example, the 10 year…
The number of Americans filing new applications for jobless benefits dipped to the lowest in a month last week, consistent with a cooling but still-healthy U.S. labor market that is likely to keep Federal Reserve officials from cutting interest rates any further in the near term. Initial claims for state unemployment benefits fell by 1,000 to a seasonally…
Oil prices and U.S. futures declined. Tokyo's Nikkei 225 index climbed 1.4% to 40,139.90, while the Japanese yen sank further after the central bank governor indicated that interest rate hikes might be delayed by threats to the economy such as higher U.S. tariffs on imports. South Korea's Kospi was the outlier, falling 1.4% to 2,393.60 after the country's main…
N-CSR 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 811-05908 JOHN HANCOCK PREMIUM DIVIDEND FUND 200 BERKELEY STREET, BOSTON, MA 02116 SALVATORE SCHIAVONE TREASURER 200 BERKELEY STREET BOSTON, MA 02116…
Everyday Economics: Without major policy shifts, U.S. economy likely to slow further in 2025
—The Federal Reserve lowered the target for the federal funds rate by another quarter point last week while signaling fewer rate cuts in 2025 than previously anticipated. Reflecting this, the yield on the benchmark 10- year Treasury has risen nearly 100 basis points since the first rate cut in September. However, with inflation already below the median FOMC…
Emerging markets continue to be a place that I would run from, due to the fact that the monetary policy of the United States is going to start changing quite radically, and of course it’ s also worth noting that the Federal Reserve is likely to end up being lighter than anticipated during the 2025 year, and therefore I think we’ ve got a situation where we will continue…
The pair has been in focus amid a potential divergence between the United States and Europe. Recent data showed that the European economy is continued to contract in the third quarter, with countries like Germany and France being some of the most affected. The Federal Reserve and the European Central Bank have also diverged.
U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. Remember when President Bill Clinton got impeached or when baseball's Mark McGwire hit his 70th home run against the Montreal Expos? That was the last time the U.S. stock market closed out a second straight year with a leap…
As he enters the final month of his first and only presidential term, Joe Biden is speaking to history, emphasizing the positive side of his legacy while he can still command an audience. Inflation is under control, gas is down to $3 a gallon and the Federal Reserve has already sliced interest rates twice this fall. Biden hands that economy over to Donald Trump, a man…
As he enters the final month of his first and only presidential term, Joe Biden is speaking to history, emphasizing the positive side of his legacy while he can still command an audience. Inflation is under control, gas is down to $3 a gallon and the Federal Reserve has been cutting interest rates. Biden hands that economy over to Donald Trump, a man he repeatedly…
The U.S Federal Reserve rhetoric stating the central bank is going to take a more cautious approach to their interest rate policy created impetus the middle of last week, making the Brazilian Real weaker than it had already been. Concerns continue to be heard about fiscal policy via the Brazilian government’ s social programs, and Lula da Silva’ s battles against…
As he enters the final month of his first and only presidential term, Joe Biden is speaking to history, emphasizing the positive side of his legacy while he can still command an audience. Inflation is under control, gas is down to $3 a gallon and the Federal Reserve has already sliced interest rates twice this fall. Biden hands that economy over to Donald Trump, a man…
The USD/ZAR has sustained its higher stance this morning, which was attained last Wednesday when the U.S Federal Reserve announced a more cautious approach regarding their interest rate policy. The USD/ZAR was trading near the 18.08000 vicinity last Wednesday when the U.S Fed announced their interest rate cut of 0.25, but instead of moving lower the…