Business Activity Index at 53.7%;?New Orders Index at 53.7%;?Employment Index at 51.5%; Supplier Deliveries Index at 49.5% TEMPE, Ariz. The report was issued today by Steve Miller, CPSM, CSCP, Chair of the Institute for Supply Management? Services Business Survey Committee: "In November, the Services PMI??registered 52.1 percent, 3.9 percentage points lower than October's figure of 56 percent.
Safe is on a mission to simplify cross-chain interactions, drive onchain activity, and accelerate mainstream adoption ?ZUG, Switzerland, Dec. 4, 2024 /PRNewswire/ -- The Safe Ecosystem Foundation, steward of the community behind Safe, announces the launch of Safenet, a transaction processor network designed to overcome major barriers in scaling decentralized finance and move the $100 trillion ...
ROSELAND, N.J., Dec.?4, 2024 ?Private sector employment increased by 146,000 jobs in November and annual pay was up 4.8 percent year-over-year, according to the November ADP? National Employment ReportTM produced by ADP Research in collaboration with the Stanford Digital Economy Lab.
Policy makers must safeguard creators' rights and implement transparency rules PARIS, Dec. 4, 2024 /PRNewswire/ -- The first ever global study measuring the economic impact of AI in the music and audiovisual sectors calculates that Generative AI will enrich tech companies while substantially jeopardising the income of human creators in the next five years. the market for music and AV content ge...
Exclusive invite to Davos cements Jasper's leadership in AI innovation and its role in advancing ethical and sustainable digital progress SAN FRANCISCO, Dec. 3, 2024 /PRNewswire/ -- Jasper, the world's leading AI marketing platform, today announced that it has joined the World Economic Forum's Unicorn Community, an invitation-only group for private hyper-growth companies at the forefront of dis...
With its low unemployment rate, highly educated population, modest home prices, and vibrant cultural scene, Madison surprises as the top emerging city for 2025.
AMESBURY, Mass. The repurchase program was adopted following the receipt of non-objection from the Federal Reserve Bank of Boston. The repurchase program permits shares to be repurchased in open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission.
New Orders Growing and Backlogs Contracting; Production and Employment Contracting; Supplier Deliveries Faster; Raw Materials Inventories Contracting; Customers' Inventories Too Low; Prices Increasing; Exports and Imports Contracting. TEMPE, Ariz.
HONG KONG, Dec. 1, 2024 This year marks the 45th anniversary of diplomatic relations between China and Portugal, as well as the tenth year of?Fosun's (FOSUF) deep engagement in the Portuguese market. Fosun (FOSUF) adheres to its strategy of being "rooted in China, globally operated."
HONG KONG, Nov. 28, 2024 BiyaPay announced another reduction in cross-border payment fees, further saving costs for users. As the global economy continues to evolve, traditional financial systems face growing challenges. 1. Transformation in the Global Payment Field Financial Technology refers to using emerging technologies to improve and enhance traditional financial services.
Labor market optimism drove up confidence for a second straight month NEW YORK, Nov. 26, 2024 The Conference Board Consumer Confidence Index? increased in November to 111.7, up 2.1 points from 109.6 in October.
- Global Support for Growth in Life Sciences Sector - TOKYO, Nov. 26, 2024 Nippon Express USA, Inc., a group company of NIPPON EXPRESS HOLDINGS, INC., has received Good Distribution Practice certification for its temporary storage and forwarding operations for pharmaceutical products at its Philadelphia Branch's warehouse, effective November 13, 2024.
BEIJING, Nov. 22, 2024 A news report from?chinadaily.com.cn?. Analysts highlight Beijing's efforts to support developing countries in global economic order.
SURABAYA, Indonesia, Nov. 22, 2024 On November 22, PT GREENWAY ENERGY INDONESIA, the Indonesian subsidiary of Greenway, a global leader in micromobility lithium battery solutions,?held a grand opening ceremony.
RIYADH, Saudi Arabia, Nov. 22, 2024 /PRNewswire/ -- The inaugural International MICE Summit will bring together over 1,000 global leaders from the Meetings, Incentives, Conferences and Exhibitions industry between 15-17 December at Mohammed Bin Salman Nonprofit City in Riyadh, hosted by the Saudi Conventions & Exhibitions General Authority.
Median household income grew less than half per capita GDP rate, study finds WASHINGTON, Nov. 21, 2024 While U.S. Gross Domestic Product growth has been robust in recent years, the average American has experienced a far more modest increase in income?less than half that of per capita GDP?an indication GDP may not be the best indicator of the nation's economic health, according to a new report b...
BEIJING, Nov. 21, 2024 Chinese President Xi Jinping's visit to Latin America not only marks a new chapter in China's relations with the continent but also underscores China's commitment to advancing cooperation with and amplifying the voice of Global South nations, experts said.?Xi left Brasilia on Thursday after attending the 19th G20 Leaders' Summit and paying a state visit to Brazil.
NEW YORK, Nov. 21, 2024 The Conference Board Leading Economic Index???for the?US declined by 0.4% in October 2024 to 99.5, following a 0.3% decline in September.
Economy Remains on Strong Footing, though Core Inflation Remains Sticky WASHINGTON, Nov. 21, 2024 Existing home sales are now expected to rise only 4 percent next year from a 2024 pace that is on track for a nearly 30-year low, according to the November 2024 commentary from the Fannie Mae?Economic and Strategic Research Group.
PITTSBURGH, Nov. 21, 2024 /PRNewswire/ -- National inflation levels may be on the decline, but when it comes to True Loves' gifts, the price of decking the halls keeps rising. The PNC CPI measures the change in prices consumers could expect to pay for True Love's gifts from the classic holiday carol, "The Twelve Days of Christmas."
BEIJING, Nov. 21, 2024 As the?digital economy emerges as a driving force behind global growth, nations worldwide are exploring ways to harness its potential for inclusivity and innovation. ? China's digital economy has not only fueled domestic growth but also contributed to the development of digital infrastructure in other countries.
BEIJING, Nov. 21, 2024 This is an article from?China.org.cn: Chinese President Xi Jinping has emphasized that in a world of economic globalization, only by upholding openness and cooperation in global industrial and supply chains can win-win development be achieved. Rapid reconstruction of global industrial and supply chains The world today is undergoing major changes unseen in a century.
BEIJING, Nov. 20, 2024 On Tuesday afternoon local time, President?Xi Jinping arrived in Brasilia and began his state visit to Brazil. Following two important multilateral meetings - the APEC meeting and the G20 Summit, the interactions between China and Brazil have also attracted great attention from the international media.
BEIJING, Nov. 19, 2024 ?Chinese President Xi Jinping has met with a number of leaders on the sidelines of the 19th G20 Leaders' Summit held in Rio de Janeiro, Brazil, underscoring the world's recognition of China's role as a powerful and stabilizing force amid global geopolitical uncertainties as well as China's significant contribution to promoting development globally.
BEIJING, Nov. 19, 2024 On November 18 at the 19th G20 Summit, addressing the Fight Against Hunger and Poverty and the Reform of the Institutions of Global Governance, President Xi Jinping delivered two important speeches, titled "Building a Just World of Common Development" and "Working Together for a Fair and Equitable Global Governance System."
BEIJING, Nov. 19, 2024 Chinese President?Xi Jinping's remarks at the 19th G20 Summit in Rio de Janeiro, Brazil, where he called for building a fair and equitable global governance system and outlined China's eight actions for global development, drew widespread attention and positive response among participants.
The second phase of the pilot will demonstrate a new set of use cases, such as trade finance; infrastructure development is set to begin in the coming weeks SAN FRANCISCO, Nov. 19, 2024 /PRNewswire/ -- The Central Bank of Brazil has selected Banco Inter alongside Microsoft Brazil, 7COMm and Chainlink to build a trade finance solution as part of the second phase of Brazil's DREX, Brazilian digit...
BEIJING, Nov. 19, 2024 Chinese President?Xi Jinping attended the 19th G20 Summit in Rio de Janeiro on Monday. In his remarks on Fight Against Hunger and Poverty at Session I of the 19th G20 Summit on Monday, Xi called for building a just world of common development.
BEIJING?, Nov. 18, 2024 The 19th G20 Summit is being held in Rio de Janeiro, Brazil, from November 18 to 19. Chinese President?Xi Jinping said at the summit that China has announced the decision to give all the least developed countries having diplomatic relations with China zero-tariff treatment for 100 percent tariff lines.
LIMA, Peru, Nov. 18, 2024 With the international community increasingly at risk of being torn apart by the centrifugal force generated by the black hole at its center, Brazil making "Building a Just World and a Sustainable Planet" the priorities for the G20 Summit it is hosting in Rio de Janeiro on Monday and Tuesday is a timely attempt to refocus the attention of the participating leaders on t...
BEIJING, Nov. 18, 2024 A news report by?China.org.cn on China-U.S. trade: ? The stereotype that China has been taking advantage of the China-U.S. trade stems from the U.S.'s trade deficit with China.
BEIJING, Nov. 18, 2024 Chinese President?Xi Jinping arrived in Rio de Janeiro on Sunday local time for the 19th G20 Summit and a state visit to Brazil.
HYDERABAD, India and GENEVA, Nov. 18, 2024 /PRNewswire/ -- AM Green Kakinada Cluster has joined the World Economic Forum's 'Transitioning Industrial Clusters' initiative aimed improving collaboration and develop a shared vision among co-located companies and public institutions with the goals of driving economic growth, employment and reducing CO2e emissions.
BEIJING, Nov. 17, 2024 Brazil officially assumed the one-year presidency of the G20 in December 2023, with the motto "Building a just world and a sustainable planet." Over recent years, the two nations have strengthened cooperation across various sectors, including renewable energy, space technology and sustainable agriculture, working together to promote environmental and economic sustainability.
BEIJING, Nov. 16, 2024 Over the decades, the Asia-Pacific region has been a vital driver of global economic growth. At the same time, Asia-Pacific cooperation is confronted with challenges such as rising tendencies of geopolitics, unilateralism and protectionism.
BEIJING, Nov. 16, 2024 Chinese President?Xi Jinping's written speech at the APEC CEO Summit in Lima, Peru on Friday, in which he called for jointly promoting a universally beneficial and inclusive economic globalization, boosted confidence and opened the door further for cooperation, Chinese and foreign business leaders said.
BEIJING, Nov. 15, 2024 As the world confronts intertwined challenges of economic inequality, environmental sustainability, and social justice, global collaboration is essential. David Ferguson stressed the value of inclusive dialogue within platforms like the G20. In the TED-style segment, speakers presented innovative strategies for sustainability.
BEIJING, Nov. 14, 2024 China is ready to work with Peru to champion true multilateralism, promote an equal and orderly multipolar world and a universally beneficial and inclusive economic globalization, Chinese President Xi Jinping said in a signed article published Thursday in Peruvian media outlet El Peruano.
Living-wage job prospects mixed across demographic categories WASHINGTON, Nov. 14, 2024 The U.S. "functional unemployment" rate saw a slight uptick in October, rising 0.1 percentage points, according to the latest True Rate of Unemployment by the Ludwig Institute for Shared Economic Prosperity.
BEIJING, Nov. 13, 2024 Chinese President?Xi Jinping is traveling from November 13 to 21 to attend the 31st APEC Economic Leaders' Meeting and pay a state visit to Peru, and attend the 19th G20 Summit and pay a state visit to Brazil, at the invitation of Peruvian President Dina Ercilia Boluarte Zegarra and Brazilian President Luiz In?cio Lula da Silva.
CDR Project Developer Intends to Remove 10,000 Tonnes of CO2?from the Air via up to 10 Different Technologies at the World's First CDR Innovation & Commercialization Center MONTR?AL, Nov. 13, 2024 /PRNewswire/ --?Deep Sky, the Canadian carbon removal project developer, has sold carbon removal credits to its founding buyers including Royal Bank of Canada and Microsoft.
Cruise Economic Contribution Outpacing Global GDP WASHINGTON, Nov. 12, 2024 ?Cruise Lines International Association, the leading voice of the cruise industry, shared highlights from the association's new 2023 Global Economic Impact Study last week at the annual CLIA Cruise Forward conference in Miami.
Early Career Talent Receives Meaningful Work Experience TORONTO, Nov. 12, 2024 With the global unemployment rate at 13%?for those aged 15-24,? Geotab continues to step up by providing young people hands-on work experience. The program is designed to help early career talent from universities and colleges begin their journey in the working world.
NEWTOWN, Pa., Nov. 8, 2024 ?EPAM Systems (EPAM), Inc.?, a leading digital transformation services and product engineering company, today announced the release of the?StatGPT 2.0 Platform, created in collaboration with the International Monetary Fund for evaluating and testing by Statistical Data and Metadata?eXchange sponsor organizations and selected national statistical organizations.
TEMPE, Ariz. The report was issued today by Nancy LeMaster, MBA, Chair of the Institute for Supply Management? Hospital Business Survey Committee: "The Hospital PMI??registered 51.9 percent in October, a 3.1-percentage point decrease from the September reading of 55 percent, indicating a 14th consecutive month of growth.
NEW YORK, Nov. 7, 2024 National Debt Relief, America's leading debt settlement firm, has partnered with Docsumo, an innovative Document AI platform, to revolutionize the debt relief industry. Danny Tilipman, President & Co-Founder of National Debt Relief, illustrates the effectiveness of the partnership: "Docsumo has been instrumental in addressing our unique needs.
HPSI Up Significantly from All-Time Low Recorded Two Years Ago WASHINGTON, Nov. 7, 2024 The Fannie Mae Home Purchase Sentiment Index? increased 0.7 points in October to 74.6, pushing the measure of consumer confidence to its highest level since February 2022 and significantly higher than the all-time low recorded two years ago.
New report highlights opportunities in AI, 5G, and satellite connectivity to bridge a 60% usage gap and unlock $170 Billion in GDP by 2030 NAIROBI, Kenya, Nov. 7, 2024 /PRNewswire/ -- The mobile industry's $140 billion contribution to GDP in 2023 is projected to reach $170 billion by 2030 if key connectivity barriers are addressed.
BEIJING, Nov. 6, 2024 Chinese Premier Li Qiang delivered a keynote speech at the opening ceremony of the 7th China International Import Expo and the Hongqiao International Economic Forum on Tuesday, saying China has continued to walk the talk in expanding opening-up and that the country is capable of promoting sound and steady economic growth, according to the Xinhua News Agency.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.