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Economic News

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Study Results from Federal Reserve Bank of Cleveland Provide New Insights into Investment (Specification Choices In Quantile Regression for Empirical Macroeconomics): Investment

December 11, 2024

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…

Proxy Statement (Form DEF 14A)

December 11, 2024

cost-20241209 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: Costco Wholesale…

Proxy Statement (Form DEF 14A)

December 11, 2024

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…

Annual consumer inflation rose to 2.7% in November, in line with expectations

December 11, 2024

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…

Forex Today: Uptick in US Inflation Expected Today – 11 December 2024

December 11, 2024

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%.

Stock market today: Wall Street gets back to climbing

December 11, 2024

—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 to pay $15M to settle SEC charges Morgan Stanley Smith Barney to pay $15M penalty to settle SEC charges

December 11, 2024

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…

Proxy Statement (Form DEF 14A)

December 11, 2024

njr-20241210 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 NEW JERSEY RESOURCES We are committed to enhancing our customers' quality of life by meeting their expectations for reliability and value in an environmentally responsible way-…

Federal Reserve shouldn't lower interest rates much more

December 11, 2024

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…

US inflation ticked up last month as some price pressures remain persistent

December 11, 2024

—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…

Preliminary Revised Proxy Statement (Form PRER14A)

December 10, 2024

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.

Proxy Statement (Form DEF 14A)

December 10, 2024

amed-20241209 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: AMEDISYS, INC. Payment of Filing Fee: 3854 American Way, Suite A Baton Rouge, Louisiana…

What is the Federal Reserve for, exactly, besides bailouts?

December 10, 2024

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…

Proxy Statement (Form DEF 14A)

December 9, 2024

rng-20241209 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:☐ Preliminary Proxy Statement☐ Confidential, for Use of the Commission Only☒ Definitive…

Consumers Are in a Festive Mood

December 9, 2024

Consumers Are in a Festive Mood 12/ 9/ 2024 Anthony Saglimbene, Chief Market Strategist, Ameriprise Financial The S&P 500 Index and NASDAQ Composite both finished last week at fresh record highs. Importantly, fresh looks at U.S. employment data showed a firm environment, but one that will likely allow the Federal Reserve to cut its policy rate again later this…

Georgia economy expected to grow next year, but at a slower rate

December 9, 2024

ATHENS– A burgeoning population and sustained job growth will keep Georgia's economy growing in 2025— just a bit more slowly than in 2024, according to economic forecasters at the University of Georgia Selig Center for Economic Growth. Georgia's economy is projected to grow by 2.4% in 2025, a slowdown from the 3.1% the state saw in 2024. As the Federal Reserve…

Stock market today: Nvidia keeps Wall Street in check as oil and gold prices rise

December 9, 2024

—U.S. stocks are drifting around their records Monday, ahead of a week that could cement expectations for a coming cut to interest rates by the Federal Reserve. Interpublic Group rose 8.5% after rival Omnicom said it would buy the marketing and communications firm in an all-stock deal. Economists expect Wednesday’ s report to show the inflation that U.S….

What is the Federal Reserve for?

December 9, 2024

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…

THE SEC AND JUSTICE DEPARTMENT HAVE CHARGED WAMCO’s CO-CHIEF INVESTMENT OFFICER, KEN LEECH, WITH SECURITIES FRAUD – Contact Kaplan Fox & Kilsheimer LLP

December 7, 2024

NEW YORK– December 07, 2024- Kaplan Fox& Kilsheimer LLP is investigating potential securities laws violations in connection with investments in Western Asset Management Company’s U.S. Core strategy and U.S. Core Plus strategy, including investors in mutual funds Western Asset Core Bond Fund and Western Asset Core Plus Bond Fund. On November 25, 2024, the U.S….

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