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Economic News

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Proxy Statement (Form DEF 14A)

January 21, 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 Check the appropriate box: WARNER MUSIC GROUP CORP. Payment of Filing Fee: TABLE OF CONTENTS. Our focus on efficiency has freed up capital, enabling us to invest more in growth opportunities in both…

Dog Breeds With the Most Expensive Pet Insurance | Insurify

January 21, 2025

This is contributing to rising vet care costs, which are up 7% year over year, according to the U.S. Bureau of Labor Statistics. But for breeds at high risk for health problems, the premiums can exceed $1,400 annually. This is 264% higher than the national average premium of $700 per year.Pet insurance premiums exceed $1,400 for breeds that are more likely to…

Grywacheski

January 19, 2025

From February 2020 to April 2022, the nation's M2 money supply surged by more than 40% to a record-high $21.7 trillion. The M2 is a classification used by the Federal Reserve to measure the total value of U.S. currency within the economy at any given point in time. From its record-high level of $21.7 trillion in April 2022, the M2 money supply gradually fell by $1.1…

Economic forecast: Fair, but uncertain

January 19, 2025

Inflation is projected to hold steady in 2025 at the 2.4-2.5% pace of recent months, Ed Knotek, director of research, Federal Reserve Bank of Cleveland, said this week. But Trump, soon moving into the White House, is preparing to impose blanket tariffs on imports while congressional Republicans push to extend the tax cuts that they passed in 2017..

Arthur I. Cyr: President Jimmy Carter's true significant legacy

January 19, 2025

In death, as in life, former President Jimmy Carter can't seem to get a fair shake, at least from the national political establishment based in Washington D.C. and the mainstream mass media. These include senior appointments, first and foremost Paul Volcker as chairman of the Federal Reserve. This was partly in retaliation for important United States support for…

180 Degree Capital and Mount Logan Capital Proposed Merger Presentation Deck

January 18, 2025

In connection with the entry into a definitive agreement for the contemplated combination of 180 Degree Capital Corp. and Mount Logan Capital Inc. in an all-stock transaction, 180 Degree Capital intends to file with the U.S. Securities and Exchange Commission and mail to its shareholders a proxy statement on Schedule 14 A. In addition, the parent company of…

Pruitt elected to Federal Reserve Bank of Chicago board

January 18, 2025

WARSAW— Lake City Bank has announced that Kristin L. Pruitt, president of Lake City Bank, has been elected to the Federal Reserve Bank of Chicago Board of Directors for a three-year term from 2025 to 2027.. The Federal Reserve Bank of Chicago is part of the Federal Reserve System and serves the Seventh Federal Reserve District, which comprises Iowa and most of…

SEC charges La Jolla’s LPL Financial with anti-money laundering violations

January 17, 2025

LPL Financial, a La Jolla- based investment and wealth management services firm, will pay $18 million to settle charges by the Securities and Exchange Commission for violations of anti-money laundering policies. The charges announced Friday by the SEC say that LPL Financial had multiple failures related to its customer identification program from at least…

New Findings Reported from Federal Reserve Board of Governors Describe Advances in COVID-19 (Researchers’ Degrees of Flexibility: Revisiting Covid-19 Policy Evaluations): Coronavirus – COVID-19

January 17, 2025

2025 JAN 17– By a News Reporter-Staff News Editor at NewsRx COVID-19 Daily– A new study on Coronavirus- COVID-19 is now available. Our news journalists obtained a quote from the research from the Federal Reserve Board of Governors,“ While acknowledged, the importance of these‘ degrees of flexibility’ on published estimates is not well understood.

How major US stock indexes fared Friday, 1/17/2025

January 17, 2025

U.S. stock indexes rallied to close out their best week in two months. Big Tech also lifted the market amid hopes the Federal Reserve may cut interest rates later this year. Treasury yields held relatively steady in the bond market after sharp drops earlier in the week helped boost stocks.

Proxy Statement (Form DEF 14A)

January 17, 2025

Document 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 GRI BIO, INC. N/A Payment of Filing Fee 2223 Avenida de la Playa, Suite 208 La Jolla, CA 92037 January 17, 2025 To Our Stockholders: You are cordially invited to attend a special meeting of…

Stocks waver on news Trump might declare an 'economic emergency'

January 17, 2025

The price of bitcoin was down about 2% and hovered below $100,000. And then there was the CNN report that President-elect Donald Trump might declare a "national economic emergency" to allow for import tariffs. That news spooked investors, who were already on the lookout for unexpected economic turns as Inauguration Day approaches.

Federal Reserve says it will leave climate change organization

January 17, 2025

—The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change. The Fed's membership has been criticized by Republicans in Congress. Governors Michael Barr and Adriana Kugler abstained.

Stock market today: World shares are mostly higher; China's economy hits 5% growth target

January 17, 2025

—European shares were higher Friday after a mixed session in Asia, as China reported that its economy grew at a 5% annual pace last year, hitting the government’ s target but slowing from the year before. Britain's FTSE 100 was up 1.1% to 8,482.66. Economists are forecasting a further slowing of growth this year and beyond, and President-elect Donald Trump's…

5 Credit Card Trends to Watch for in 2025

January 17, 2025

Interest rates began to fall, but credit card APRs are still catching up: The Federal Reserve lowered interest rates three times toward the end of 2024, but it took a few months for average credit card interest rates to follow suit and come down slightly from a record high. Debt and delinquencies rose, but things could be stabilizing: According to NerdWallet's…

Citizens Financial Group, Inc. Reports Fourth Quarter 2024 Net Income of $401 million and EPS of $0.83

January 17, 2025

Citizens Financial Group, Inc. today reported fourth quarter and full year 2024 financial results. In addition, these materials will be furnished to the Securities and Exchange Commission on a Form 8- K and will be available on the SEC website at www.sec.gov. Our Private Bank hit year end balances of $7 billion in deposits, $3.1 billion in loans, and $4.7 billion…

Proxy Statement (Form DEF 14A)

January 17, 2025

DEF 14 A Table of Contents 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: REV Group, Inc. Payment of Filing Fee: Table of Contents January 17, 2025.

Treasury Secretary nominee Scott Bessent says Trump tax cuts should not expire

January 17, 2025

WASHINGTON- The Senate Finance Committee grilled President-elect Donald Trump's choice for Treasury Secretary Thursday. Scott Bessent, a South Carolina billionaire hedge fund manager, wasted no time getting to the crux of his confirmation hearing: the expiring Trump tax cuts. Democrats also questioned Bessent about Trump's tariff threats against Canada,…

Inflation remains stubbornly high for many Americans. Could it get worse under Trump?

January 17, 2025

Inflation has been an economic scourge for many Americans under President Biden— and it could remain a continued problem under Donald Trump. That's substantially lower than the four-decade high of 9.1 percent that the U.S. hit in mid-2022. It's a sign of both how much progress the Federal Reserve has made in beating down inflation, but also of how much…

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