For years, their meat went on to feed hungry Californians via California Emergency Foodlink, a southeastern Sacramento nonprofit group. California Emergency Foodlink had relied on Washington- based American Canadian Fisheries to fillet, freeze and deliver the salmon to its distribution headquarters, where it was distributed to food banks.
Economic News
U.S. applications for unemployment benefits jumped to their highest level in two months last week but remain low relative to historical standards. The Federal Reserve instituted a flurry of rate increases in 2022 and into 2023 to try to suppress the four-decade high inflation that took hold when the U.S. economy rebounded from the brief but sharp pandemic…
WASHINGTON- Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Wednesday's inflation figures from the Labor Department are the final major piece of data that Federal Reserve officials will consider before they meet next week to…
Wall Street pointed slightly lower early Thursday ahead of the week's second U.S. inflation report and an expected interest rate cut by the European Central Bank. Later Thursday, the Labor Department releases data on inflation at the wholesale level, one day after it reported that consumer prices ticked up to 2.7% in November. Also coming Thursday it the…
—With U.S. President-elect Donald Trump threatening new tariffs and political chaos engulfing France, the European Union's second largest economy, the question ahead of the European Central Bank meeting Thursday is not whether it will cut interest rates, but by how much. Analysts see a quarter-point rate cut from the current ECB benchmark rate of 3.25% as the…
Our news journalists obtained a quote from the research from the Federal Reserve Bank of Cleveland,“ This paper examines various choices in the specification of quantile regressions for macro applications, including how and to what extent to include shrinkage and whether to apply shrinkage in a classical or Bayesian framework. For more information on this…
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DEF 14 A UNITED STATES. You are cordially invited to attend the 2025 Annual Meeting of Stockholders of Kura Sushi USA, Inc. at the offices of the Company at 17461 Derian Avenue, Suite 200, Irvine, CA 92614 on January 23, 2025, at 10:00 a.m., Pacific Time.. We have elected to take advantage of Securities and Exchange Commission rules that allow us to furnish proxy…
U.S. consumer prices rose in line with analysts' expectations, according to the Bureau of Labor Statistics monthly report released Wednesday. The inflation report was consistent with Dow Jones economists' expectations. Despite the uptick in inflation, financial markets overwhelmingly expect to see the Federal Reserve lower interest rates by another…
The Fed has made clear it has a target of 2%. The data will be closely watched due mostly for its importance is predicting the rate cut path which will be pursued by the Federal Reserve. The Bank of Canada will be holding a policy meeting today and is widely expected to cut its interest rate by 0.50%.
—U.S. stock indexes are rising Wednesday after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. Treasury yields edged higher in the bond market as expectations built that Wednesday’ s inflation data will allow the Fed to deliver another cut to interest rates at its meeting next week.
Morgan Stanley Smith Barney will pay a $15 million penalty as part of a settlement with the Securities and Exchange Commission related to four financial advisers who stole millions of dollars of advisory clients' and brokerage customers' funds. "Safeguarding investor assets is a fundamental duty of every financial services firm," Sanjay Wadhwa, acting…
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Next week, Federal Reserve policymakers are expected to reduce interest rates by a quarter-point. The bigger issue is how much further the Fed will take rates, which confronts the Fed with five questions:. President-elect Donald Trump is inheriting an economy growing 2.8% annually, well above the 1.8% trend presumed possible by the Congressional Budget…
—Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Wednesday's inflation figures from the Labor Department are the final major piece of data that Federal Reserve officials will consider before they meet next week to decide on…
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549. 42 Broadway, 12 th Floor New York, New York 10004. On behalf of the Board of Directors of WesteAcquisition Ventures Corp., I invite you to attend our Special Meeting of Stockholders.
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With a recession deepening and the 1982 midterm elections approaching, Federal Reserve chair Paul Volcker was summoned to the Oval Office, where Ronald Reagan was sitting with his chief of staff, James Baker. John H. Cochrane and Amit Seru of the Hoover Institution think the hyperactive Fed has become too ambitious in its interventions in the economy and social…
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