62% of Americans now believe we are in a recession, up four points over the last month The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, declined by 1.0% overall in August to return to a reading of 38.1 due to a significant drop on the Federal Policies component.
BONN, Germany---- In the second quarter 2022, the world?s leading logistics group Deutsche Post DHL Group generated a double-digit revenue and EBIT growth. This press release features multimedia. "Thanks to the outstanding efforts of our employees we provide our customers with reliable logistics solutions also in volatile times.
Metallicus, a leader in digital assets technologies, today announced the formation of its Advisory Board comprised of former senior officials from the U.S. Federal Reserve, the Office of the Comptroller of the Currency, and executives with experience in regulatory compliance and internal audit at major financial institutions. This press release features multimedia.
Risk mitigation strategies and smart procurement routes are still key considerations as global industry volatility continues Global construction consultancy firm, Linesight today released new data showing that stability may be returning to the cost of construction materials as pandemic-driven volatility subsides, but because of factors such as high global energy prices, increasing interest rate...
Quarterly revenue of $101.2 million, up 10.5% year over year Gross margin of 63.1%, up from 62.2% year over year Quarterly Billings of $101.6 million, down 5.3% year over year 2,905 Active Clients at June 30, 2022, up 9.8% year over year LAS VEGAS---- Rimini Street (RMNI), Inc., a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP ...
Increased Revenue by 43% Year-over-Year to $109.8 Million, a Record for the Second Quarter, Driven by Global Growth in Pre-Campaign Activation Across Programmatic, Social and CTV Activation Revenue Increased 60% to $60.5 Million Achieved Net Income of $10.3 Million and Second Quarter Record Adjusted EBITDA of $34.0 Million, representing a 31% Adjusted EBITDA margin Raised Midpoints of Full-Year...
Kevin R. Greene, Chairman and CEO of Tassat? Group Inc., the leading provider of private blockchain-based business-to-business real-time payments and financial services solutions to banks, will speak at the Federal Reserve Bank of Philadelphia?s Sixth Annual Fintech Conference scheduled for today and tomorrow.
Home prices across the United States rose in the first six months of the year at an annualized rate of 15.5 percent, according to homegenius Home Price Index data released today by homegenius Real Estate LLC, a Radian Group Inc. (RDN) company. This press release features multimedia.
FRANKFURT/MAIN, Germany---- Starting 1 August 2022, flatex, a brand of flatexDEGIRO AG (FNNTF), Europe's leading online broker for retail investors, will support the police union of North Rhine-Westphalia as an exclusive partner in the area of online brokerage. flatex thereby offers more than 46,000 union members the opportunity to take their financial future into their own hands with simple and secure...
KBRA Analytics releases this month?s edition of The Bank Treasury Newsletter, the Bank Treasury Chart Deck, and Bank Talk: The After-Show. This month?s newsletter takes a detailed look at the Federal Reserve?s balance sheet composition as it begins to shrink under quantitative tightening.
Citizens announced today that the national Citizens Business Conditions Index? dropped to 52.9 in the second quarter of 2022, down from its eight-year peak of 59.5 at the end of the first quarter, but extending its streak to seven straight quarters above 50, indicating continued growth conditions for businesses. Business activity remains healthy, but is clearly cooling from the prior quarter.
Point72 today announced that it has expanded its economics team with the addition of Sophia Drossos as Economist and Strategist based in New York, and Soeren Radde as Head of European Economic Research, based in London. Ms. Drossos will cover U.S. and global economic and policy developments, while Mr. Radde will analyze and forecast the euro area and UK economies.
FINANCIAL AND OPERATIONAL HIGHLIGHTS MINNEAPOLIS---- Polaris Inc. (PII): CEO COMMENTARY Our results during the second quarter reflect our team?s commitment to our customers through industry-leading innovation and exceptional execution, despite the ongoing supply chain constraints impacting the global economy.
BOSTON---- After six months of navigating rising rates, inflation and geopolitical tensions, recession fears are on the rise for 2022, casting a long shadow over prospects for global economies and markets in the second half of the year. ?Ten years of over-reliance on easy money led to significant outperformance for growth equities.
KBRA analyzes the latest Consumer Price Index release from the Bureau of Labor Statistics and its implications for the credit markets. The worse-than-expected result makes it more likely that the Federal Reserve will adopt an even more hawkish tone to its tightening of financial conditions, which will, in turn, increase the probability of recession over the near term.
The largest consented solar+ storage project in the UK has secured a 15-year Contract for Difference, providing long term revenues fully indexed to CPI and offering uncapped inflation protection Project Fortress is set to provide critical support for the UK power grid, additional long-term reduction of carbon emissions and positive ESG impacts LONDON---- Quinbrook Infrastructure Partners, a spe...
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.
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