News Results

First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), pledged $2 million to Field Arts & Events Hall to support economic development and businesses in downtown Port Angeles. ?We are proud to give $2 million to Field Hall, which will enhance the economic vitality and prosperity of downtown Port Angeles. ?First Fed is an outstanding community partner.

In March, central bankers raised interest rates for the first time since 2018, a trend that is expected to continue this week. ?This is a critical time for consumers with burdensome credit card debt,? said Thomas Nitzsche, Sr. Director of Media & Brand at MMI. MMI debt management client Manny Romero of Santa Cruz, California said his call to MMI was a life-changing experience.

International finance experts report that Islam finance is the solution for a stabilised, healthy global economy. Hejaz Financial Services explains that Islamic finance - especially in comparison to socialist and capitalist economic systems -?promotes a just, equitable distribution of wealth, creation of wealth and set of wealth protection regulations.

The Equipment Leasing and Finance Association?s Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new business volume for March was $10.6 billion, up 14 percent year-over-year from new business volume in March 2021.

via NewMediaWire ? B2Digital Incorporated (BTDG), the premier development league for mixed martial arts, is excited to announce that the B2 Fighting Series is heading to the Central Bank Center in Lexington, Kentucky, this weekend for back to back nights of explosive live MMA action. What:? B2 Fighting Series 157, Amateur and Professional LIVE MMA. Where:? Central Bank Center in Lexington, Kentucky.

The Ukraine-Russia war has reignited speculation that globalization is coming to an end and markets should prepare to turn inward in order to deal with disrupted supply lines and geopolitical challenges. Economic sanctions are creating dividing lines between countries.

Jean-Christophe Flatin Appointed Global President Daniel Ordonez Appointed Chief Operating Officer Peter Bergh Transitions to New Role as Chief Strategy Officer Oatly Group AB (OTLY), the world?s original and largest oat drink company, today announced it has expanded its executive leadership team with the addition of two senior consumer packaged goods industry veterans.

Key Highlights Existing-home sales decreased in March, marking two consecutive months of declines, according to the National Association of Realtors?. Month-over-month, sales in March waned in three of the four major U.S. regions while holding steady in the West.

Dale Turner has been appointed to the Community Depository Institutions Advisory Council for the Federal Reserve Bank of Minneapolis. The CDIAC provides information, advice and recommendations to Minneapolis Fed President Neel Kashkari. Turner has been TruStone?s President/CEO since early 2021, previously serving as President/CEO for Firefly Credit Union.

RateGenius, an auto refinance platform, released its monthly Auto Refinance Rate Report revealing the current average interest rate has risen to 5.70% ? a +0.15% increase from the previous month but still well below the average at this time last year, 6.23%. The Auto Refinance Rate Report provides current and historical interest rate data from auto refinance applications completed within The Sa...

After its strongest growth in over a decade in 2021 and solid performance in Q1, equipment and software investment growth of 4.2 percent is forecast for 2022. Nancy Pistorio, Foundation Chair and President of Madison Capital LLC, said, ?At such a volatile time, this report provides valuable intelligence on the wide range of conditions that are impacting the U.S. economy and business investment.

First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), today announced that Christopher ?Chris? Neros has joined the executive team as Executive Vice President and Chief Lending Officer. "Chris is a well-respected leader with a successful track record of business development, relationship management, and team leadership.

Inspired by the World Economic Forum, the National Minority Supplier Development Council announces its inaugural Minority Business Economic Forum held May 11-13, 2022, with Honorary Chair, John W. Rogers, Jr., Chairman and Co-CEO of Ariel Investments. For the last 50 years, NMSDC has been advocating access to the American dream for minority business enterprises.

Rogue Station Companies, Inc./Everdime Inc. is extremely pleased to announce the addition of Grant MacKenzie to its Board of Directors. Mr. MacKenzie commented, "Sandor's plan to position Everdime in NFT development and trading within the Crypto space is smart and on track.

Mediterra Capital, a UK based private equity firm, has become a shareholder in Zero Density, the global leader in virtual studio software solutions. Kuban Altan, Founder / Head of R&D of Zero Density, said: ?We changed the game in real-time virtual studio productions with Reality, our disruptive node-based compositor living inside Unreal Engine.

?Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, released the results of a consumer sentiment study of ecommerce home delivery. ?Ecommerce and home delivery present opportunities and challenges to retailers and logistics organizations. Figure 1:?https://www.globenewswire.com/NewsRoom/AttachmentNg/dc7088a4-9ba2-44d2-8c4c-ed956ecca213.

A new study released today shows that the U.S. aluminum industry directly employs more than 164,000 workers and drives $73 billion in direct economic output. Estimated aluminum demand in North America was up 7.7% year-over-year in 2021, significantly outpacing U.S. GDP growth.

With inflation soaring to its highest levels in decades, the U.S. Federal Reserve has announced that it will unwind bond buying and implement several rate hikes throughout 2022. When this happens, consumers who depend on financing for things like homes and student loan refinancing will be affected by the rising federal interest rate. Mortgages.

Aliaswire, a provider of bill payment and credit solutions for businesses and banks, today announced that its DirectBiller bill pay platform is featured in the Federal Reserve?s new FedNow Service Provider Showcase. DirectBiller is a SaaS solution that equips banks to offer commercial clients modern, custom-branded billing and payment experiences to their customers.

MONTR?AL, March 23, 2022 -- A newly released independent assessment by PwC Canada highlights the significant economic and social impact of Bombardier?s?manufacturing activities in Canada, Qu?bec and Ontario.

The Equipment Leasing and Finance Association?s Monthly Leasing and Finance Index , which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new business volume for February was $7.1 billion, down 4 percent year-over-year from new business volume in February 2021.

GTC?NVIDIA (NVDA) today announced major updates to its NVIDIA AI platform, a suite of software for advancing such workloads as speech, recommender system, hyperscale inference and more, which has been adopted by global industry leaders such as Amazon, Microsoft, Snap and NTT Communications.

Leading invoice funding company Charter Capital says small business owners are struggling to keep up with record-high inflation rates. As reported by the Bureau of Labor Statistics in early March, the Consumer Price Index rose 7.9% over 12 months, marking the largest inflation rate since 1982.

Key Highlights ?. Existing-home sales dipped in February, continuing a seesawing pattern of gains and declines over the last few months, according to the National Association of Realtors?. Each of the four major U.S. regions saw sales fall on a month-over-month basis in February.

rePlant Hemp Advisors, LLC officially opened the rePlant Hemp Impact Fund 1, LP today for investments. rePlant Hemp President and Cofounder Geoff Whaling said, ?Hemp is a critical asset on our journey to decarbonization. rePlant Board Chair and Cofounder Michael Woods added, ?Hemp offers virtually all major industries a much needed and critical path toward sustainability. rePlant Hemp Impact Fu...

Euronet Worldwide, Inc. (EEFT), a leading global financial technology solutions and payments provider, and its REN payments platform have been included in the Federal Reserve?s new FedNow Service Provider Showcase, an online resource designed to connect financial institutions looking to adopt and innovate upon the FedNow?Service with service providers offering instant payment solutions.

First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), pledged $1 million to Northwest Maritime Center to expand access to maritime education. ?The maritime industry is vital to our region. ?Northwest Maritime Center appreciates the significant support from First Fed, a local community bank dedicated to helping our communities thrive,? shared Jake Beattie, Executive Director for NWMC.

Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today provided its First Quarter 2022 High-Yield and Bank Loan Outlook.

Small and mid-sized businesses ? which represent two-thirds of global jobs and over half of global GDP ? remain resilient and confident in the face of current market challenges. This is according to new research commissioned by Sage, the leader in accounting, financial, HR, and payroll technology for SMBs.

Inflation continues to outpace Federal Reserve projections, further eroding the real value of wages for workers across the nation. The Personal Consumption Expenditures Price Index released today by the Bureau of Economic Analysis shows that U.S. prices grew at a continuously compounding annual rate of 5.9 percent over the past year.

Home BancShares, Inc. (HOMB), the parent company of Centennial Bank, today announced it has received the final approval needed from the Federal Reserve Board of its application for the previously announced merger with Happy Bancshares, Inc.. The Company previously received approval from the Arkansas State Banking Board on December 16, 2021.

Squirro, the Augmented Intelligence solutions provider, has announced a major project with the?European Central Bank, in which Squirro will supply its?Insight Engine and Risk Insights solution to the central bank of the 19 European Union countries that have adopted the euro. Squirro already works with central banks such as the?Bank of England and the?German Bundesbank.

The Equipment Leasing and Finance Association?s Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new business volume for January was $8.3 billion, up 2 percent year-over-year from new business volume in January 2021.

Fujisawa Toyama Group has reported that gold is out outperforming bonds and equities as investors are now seeking safe haven assets. The ongoing situation in Ukraine has fueled the rally, although analysts at?Fujisawa Toyama Group believe that gold is also benefiting from fears that U.S. growth could slow as the Federal Reserve is compelled to act forcefully to keep inflation under control.

Key Highlights Existing-home sales rose in January, making a notable move upward following a previous month where sales declined, according to the National Association of Realtors?. On a month-over-month basis, each of the four major U.S. regions experienced an increase in sales in January.

Mandalay Resources Corporation (MNDJF) is pleased to announce updated Mineral Resources and Reserves estimates for its Costerfield gold-antimony mine in Victoria, Australia and its Bj?rkdal gold mine in Skellefte?, Sweden as at December 31, 2021. Highlights: Costerfield. Bj?rkdal.

Huttig Building Products (HBP), one of the nation's largest wholesale distributors of millwork and specialty building products used principally in new residential construction and home improvement, plans to release its fourth quarter 2021 financial results on Wednesday, March 02, 2022 after market close.

Simmons First National Corporation (SFNC) announced today that the Federal Reserve Bank of St. Louis has approved Simmons Bank?s application for its proposed acquisition of Spirit of Texas Bank SSB, the bank subsidiary of Spirit of Texas Bancshares, Inc., based in Conroe, Texas.

ING Group 2021 SREP process completed ING Group has been notified of the European Central Bank decision on the 2021 Supervisory Review and Evaluation Process, based on which it has taken a decision on ING?s prudential requirements, including capital requirements for 2022.

The Equipment Leasing and Finance Association?s? Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new business volume for December was $11.8 billion, down 3 percent year-over-year from new business volume in December 2020.