Comment on this story Comment We’re more than a year-and-a-half into Joe Biden’s presidency, with full second-quarter economic growth numbers from the US Bureau of Economic Analysis now in hand. Which seems like as good a time as any for another installment in my occasional series comparing growth rates under US presidents — which somewhat to my surprise shows...Read More
Despite inflation reaching a 24-year high in the second quarter, Turkey’s economy outperformed most of its competitors because of a spike in consumer spending. In the second quarter, the gross domestic product increased annually by 7.6%, exceeding the consensus prediction of 7.4% in a Bloomberg survey of 18 economists…. Read more…Read More
HONOLULU (KHON2) — In July, a total of 919,154 visitors came to Hawaii, marking a 92.4% recovery from July 2019 and the highest monthly visitor count since January 2020, according to preliminary visitor statistics released by the Department of Business, Economic Development and Tourism. There was also an increase in visitor spending. In July, visitors...Read More
The newly designed Russian 100-rouble banknotes are seen at the Goznak printing factory in Moscow, Russia July 6, 2022. Moscow News Agency/Handout via REUTERS Register now for FREE unlimited access to Reuters.comRegister This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Aug 30 (Reuters) – The...Read More
Over the past month, things have been looking up for the US economy. The latest consumer-price-index inflation report showed signs of cooling. Measures of growth — from the jobs report to retail sales — have been holding up. All this could point to a safe path for the Federal Reserve to ease up on its...Read More
The Director General, National Biotechnology Development Agency (NABDA), Prof. Abdullahi Mustapha, has underscored biotechnology as an innovative tool for national economic growth. Speaking during the just concluded NABDA Day at the 2022 technology expo organised by the Federal Ministry of Science, Technology and Innovation in Abuja, he told participants of the concept of biotechnology and...Read More
TOPEKA — Tentacles of the irrigation-based agriculture economy of Kansas extend far from fields of lush, tall corn to the ethanol producers, dairy and beef facilities, meatpacking plants and finally the homes of people living in the state’s rural areas. Earl Lewis, chief engineer of water resources with the Kansas Department of Agriculture, told state...Read More
US Dollar vs Japanese Yen Technical Analysis The US dollar is continuing to show strength against the Japanese Yen, as the market has been like a wrecking ball against it. The market should continue to see plenty of buyers on dips, as it gives us an opportunity to pick up “cheap US dollars” in relation...Read More
TOKYO (AP) — Asian shares declined Monday after the head of the U.S. Federal Reserve indicated high interest rates will continue for some time to curb inflation. The plunge in Asia paralleled the drop on Wall Street, where the Dow Jones Industrial Average ended the week sinking more than 1,000 points. A slowdown in the...Read More
Six months into Russia’s war in Ukraine, severe economic sanctions initiated by the US and the EU seem to be having the twofold effect of stifling Russia’s economy and encouraging divestment by large corporations, with the US-based Citibank the latest to announce its formal withdrawal from the Russian market. Citibank on Thursday issued a press...Read More
Giving clients high quality investment advice that delivers superior results. Helping clients make great decisions to make the most of their money. Plan your future with us.
