Treasury Secretary Janet L. Yellen in Washington.Credit…Sarahbeth Maney/The New York Times WASHINGTON — At her confirmation hearing in early 2021, Treasury Secretary Janet L. Yellen told lawmakers that it was time to “act big” on a pandemic relief package, playing down concerns about deficits at a time of perpetually low interest rates and warning that...Read More
Ringgit notes are seen at a money changer in Kuala Lumpur June 20, 2018. — Bernama pic Tuesday, 07 Jun 2022 10:04 AM MYT KUALA LUMPUR, June 7 — The ringgit reversed its gains against the US dollar to open lower on Tuesday as the latter firmed up while bets for further rate interest rate...Read More
In October 2020, China won plaudits as the first major economy to emerge from the Covid-19 pandemic, reporting quarterly growth that was seen as an endorsement of Beijing’s zero-tolerance policy, or locking down cities and millions of people at the first sign of an outbreak. How that narrative has shifted. China’s so-called zero-Covid policy is...Read More
Placeholder while article actions load COLOMBO, Sri Lanka — It has been nearly three weeks since Ranil Wickremesinghe took over as prime minister of Sri Lanka with a daunting mandate to pull the crisis-weary country from the brink of an economic abyss that threatens to tear it apart. The five-time prime minister has inherited a...Read More
As Nigeria goes into another election year; the Central Bank of Nigeria (CBN) has taken up more than before to its responsibility. The reckless use of dollars by aspirants to sway delegates and the rising inflation are some of the problems the apex bank will battle with. For Bismarck Rewane, Chief Operating Officer (COO) of...Read More
The Federal Reserve Board building, Washington, D.C., U.S., July 1, 2020. /CFP The Federal Reserve Board building, Washington, D.C., U.S., July 1, 2020. /CFP The Federal Reserve’s tightening actions are having an impact on the U.S. economy, with a turn in labor demand and inventory buildups, former U.S. Treasury Secretary Lawrence Summers said. “We’re seeing...Read More
Prime Minister Narendra Modi will launch a global initiative ‘Lifestyle for the Environment (LiFE) Movement’ on Sunday at 6 pm via video conferencing.
As per the PMO, the launch will initiate the “LiFE Global Call for Papers” inviting ideas and suggestions from academics, universities and research institutions etc to...Read More
MACKINAC ISLAND, Mich. (WOOD) — How is the economy doing? “There are a lot of strengths you know, there are a lot of great things happening in the economy, there are a lot of pressure points and we’re all feeling it. You know individuals are feeling when they go to the grocery store or gas...Read More
While the nation was reeling from the mass shootings in Buffalo and Uvalde, well-organized labor protests extended into the historically union-hostile Southern “right to work” states and at stockholder meetings, where public pension funds took aim at anti-worker corporate leadership. On May 25, in what New York City Comptroller Brad Lander called a “stinging rebuke”...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.
