Verdence Capital Advisors director Megan Horneman weighs in on international market strength. U.S. equity markets were under steep pressure Friday with the Dow Jones Industrial Average on track for a fifth day of losses. Ticker Security Last Change Change % I:DJI DOW JONES AVERAGES 33407.74 -415.71 -1.23%SP500 S&P 500 4183.59 -38.27 -0.91%I:COMP NASDAQ COMPOSITE INDEX […]
An estimated 19% of Black Americans, roughly 3.5 million people, have a negative net worth because of a history of discriminatory policies from the government and private industry that has hindered the accumulation of wealth over time, according to a new McKinsey & Company study released Thursday. Just 8% of White Americans have a negative […]
Virtual program presented by Fort Bend County Libraries. Information: Select virtual programs under the events tag at www.fortbend.lib.tx.us. Connection Sessions: Free job search networking hosted by JS101. 10 a.m.-noon. Registration: JS101.org/workshops. Tuesday Introduction to Quickbooks: Webinar hosted by SCORE. 10 a.m.-noon. Learn the basics of Quickbooks and how you can use this tool to run […]
The US Senate recently demonstrated that the only adhesive capable of uniting the two parties is a good, old-fashioned enemy. Although the Democrats and Republicans continue to bicker over the Biden administration’s infrastructure legislation, they achieved rare accord in passing a major technology bill that directs investment into key sectors of the economy. Why the sudden bipartisanship? […]
JOHANNESBURG, June 18 (Reuters) – FirstRand (FSRJ.J) has found offering banking to cash-only businesses in South African townships trickier than expected, but the firms involved are also far bigger than it realised. Africa’s biggest lender by market capitalisation announced the takeover of financial technology firm Selpal in March, with the aim of capturing a greater […]
The government could announce an end to its work from home guidance in England next month, leaving companies with three broad choices: bring everyone back to the office; introduce a flexible working regime; or allow people to work from their home office, kitchen table or garden shed permanently. Here we look at the pros and […]
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Dollar index jumps to two-month high Fed signals earlier than expected rate increases LONDON, June 17 (Reuters) – The dollar jumped on Thursday and hit a two-month high against a basket of currencies, a day after U.S. Federal Reserve officials surprised markets by projecting a hike in interest rates and end to emergency bond-buying sooner […]
Jun 17th 2021 The Federal Reserve left interest rates on hold at its latest meeting, though there was a perceptible shift in the mood music. The central bank’s projections now suggest that rates will be lifted twice in 2023, a change from previous guidance that they would remain at record-low levels until the end of […]
FILE PHOTO: Customers drink, eat and talk at well-spaced tables on Almanac Taproom’s former-parking lot-turned-pandemic-beer-garden in Alameda, California, U.S. June 4, 2021. REUTERS/Ann Saphir/File Photo (Reuters) – A gauge of future U.S. economic activity increased for the third consecutive month in May, suggesting the economy continued to recover from the recession caused by the novel […]
