Food sector drove the high in industry’s inflation in May – Photo: José Fernando Ogura-AEN PR Industrial prices rose 1% from April to May, a result less than the increase registered from March to April (2.19%), representing a slowdown in industrial price inflation.It is also the smallest price change in 2021. The cumulative index in...Read More
NEW YORK, June 30 (Reuters) – Investors have enjoyed a rewarding ride in the first half of 2021, as unprecedented economic stimulus, stellar earnings growth and a reopening U.S. economy powered the S&P 500 to record highs and a 14% year-to-date gain, putting the index on track for a first-half performance rivaled only once in...Read More
The logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland, January 27, 2017. REUTERS/Arnd Wiegmann/File Photo Banking for Impact includes ABN Amro, Danske Bank To work with Harvard Business School Group to create new metrics quantifying impact ‘Dollar value’ measure to help to guide financing ZURICH/LONDON, June 30 (Reuters) –...Read More
An Oklahoma congressman is pushing to make sure that he and his colleagues have a more accurate understanding of how particular bills will impact the economy before they vote on them. Representative Kevin Hern, (R) OK-1, reintroduced his Pro Growth Budget Act earlier this month; Hern also introduced the legislation during the last Congress. He...Read More
More than a year after the coronavirus pandemic caused the most devastating recession since the Great Depression, the U.S. economy is expected to spend the next 12 months on an upward spiral, though it still won’t have gained back all of the ground that it lost by then, according to the nation’s top economists. Experts...Read More
The World Economic Forum proposes to revamp how things are run; while it’s high on ideals and ideas, critics accuse it of being elitist and detrimental to the poor The Great Reset lays emphasis on automation, which may cause a lot of disruption in India. As the pandemic takes lives, culls jobs, pummels industries and...Read More
The Center for Economic Research, housed in Louisiana Tech University’s College of Business, recently published the sixth installment of the Regional Economic Analysis of Louisiana (REAL) Report. A cohesive body of research examining multiple aspects of Louisiana standards of living, the Spring 2021 issue explores the economic impact of the global COVID-19 pandemic, with specific...Read More
A senior Federal Reserve official has warned the US cannot afford a “boom and bust cycle” in the housing market that would threaten financial stability, in a sign of growing concern over rising property prices at the central bank. “It’s very important for us to get back to our 2 per cent inflation target but...Read More
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