New Orders and Backlogs Contracting; Employment and Production Contracting; Supplier Deliveries Faster; Raw Materials Inventories Contracting; Customers' Inventories Too High; Prices Decreasing; Exports and Imports Contracting. TEMPE, Ariz.
Index Bounces Back After Three Straight Monthly Declines as Expectations Turn Less Gloomy NEW YORK, Nov. 28, 2023 /PRNewswire/ -- The Conference Board Consumer Confidence Index? increased in November to 102.0, up from a downwardly revised 99.1 in October.
PASADENA, Calif. The price of gold, a traditional store of value and a hedge against economic uncertainty, jumped to $1,988 as of November 3rd, marking a 0.16% increase from the previous day's close. The rise in U.S. weekly jobless claims comes as a stark reminder of the ongoing challenges in the labor market.
Lower Inflation Around the Globe Should Allow Central Banks to Cut Rates, While US Equities May Reach a Record Level of 5000 on the S&P by Year-end NEW YORK, Nov. 27, 2023 /PRNewswire/ -- Few have experienced today's macro uncertainty in their lifetime, and investors have underappreciated and underpriced its impact.
The rise in demand for packaging automotive components and protecting goods during transportation is a key driving force behind the growth of the protective wrapping paper market. Protective Wrapping Paper Market Forecast by 90 to 120 GSM, 135 to 210 GSM, and Others, Global Growth Opportunities and Revenue Forecast from 2024 to 2034 NEWARK, Del.
NEW YORK, Nov. 20, 2023 The Conference Board Leading Economic Index? ?for the?U.S. fell by 0.8 percent in October 2023 to 103.9, following a decline of 0.7 percent in September.
SINGAPORE, Nov. 16, 2023 XREX, a blockchain-enabled financial institution specialising in cross-border payments in emerging markets, announced today that its Singapore entity has obtained in-principle approval for a Major Payments Institution Licence from the Monetary Authority of Singapore, the nation's central bank and financial regulator.
NEWARK, Del. ?. Cigarette Inner Liner Market Forecast by Aluminium Foil and Printing Paper, Global Growth Opportunities, and Revenue Forecast, from 2024 to 2034 The global?cigarette inner liner market?is anticipated to register a valuation of US$ 82.6 million in 2024 and reach up to US$ 120.0 million by 2034.
CAMP HILL, Pa. and SALISBURY, Md., Nov. 16, 2023 LINKBANCORP, Inc. (LNKB), parent company of LINKBANK, and Partners Bancorp (PTRS), a financial services company with two wholly-owned operating subsidiaries, The Bank of Delmarva and Virginia Partners Bank, announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System, the final regulatory approval required to complete the ...
PITTSBURGH, Nov. 16, 2023 /PRNewswire/ -- True Loves get a bit of a break this year as PNC Bank's 40th?annual Christmas Price Index? edged up 2.7%, noticeably lower than last year's hefty 10.5% increase and slightly less than the Consumer Price Index topline, which is at 3.2% year over year. Overall, the 12 gifts that compose the PNC CPI increased to $46,729.86 this year.
A recent publication on the Wrap-around Label Market highlights the burgeoning demand for informative and visually appealing packaging, a key factor propelling the market's growth trajectory. Wrap-around Label Market by Paper and Plastic Materials, Global Growth Analysis and Revenue Forecast, from 2023 to 2033 NEWARK,?Del.
Almost three-quarters of SaaS vendors hiked prices in 2023, pushing software spending to all-time high according to Vertice's annual SaaS Inflation Index. SAN FRANCISCO, Nov. 14, 2023 /PRNewswire/ --?Software inflation has remained stubbornly high in 2023 at 8.7% - more than double the rate of US CPI inflation according to Vertice, the SaaS and cloud spend optimization platform.
NEW YORK, Nov. 13, 2023? Global economies have proved more resilient than first anticipated heading into 2023, particularly in the face of the U.S. banking liquidity crunch, but investors are still waiting to see how economies and markets digest a higher-for-longer interest rate environment before becoming more supportive of new deal activity, according to a new S&P Global Market Intelligence r...
CLEVELAND, Nov. 9, 2023 TransDigm Group Incorporated (TDG) today announced it has entered into a definitive agreement to acquire the Electron Device Business of Communications & Power Industries, a portfolio company of TJC, L.P., for approximately $1.385 billion in cash.
More than 1,000 Consumers Surveyed Across United States Reveals Economic Anxieties Could Make for A Challenging Holiday Season for Retailers NEW YORK, Nov. 8, 2023 /PRNewswire/ -- Ankura Consulting, LLC, a leading global expert services and advisory firm, published its?2023 Holiday Consumer Spending Survey conducted by its?Performance Improvement Practice.
NASHVILLE, Tenn. Jerrell Shelton, CEO of Cryoport (CYRX), commented, "Our third quarter results were consistent with our expectations, reflecting current global economic and geopolitical challenges. "We experienced a notable increase in commercial cell and gene therapy revenue, growing 54% year-over-year, while bioservices revenue increased 26% year-over-year for the third quarter.
With the new endorsement, Zoop will expand its range of products and services in Brazil and will now begin offering direct bill payment, Pix as a service - instant payment method, core banking, and innovative services within the world of open finance.
Outpacing the rate of inflation, some certificate rates of return are on the rise ? offering Americans a way to get their savings back on track ? CHICAGO, Nov. 8, 2023 /PRNewswire/ -- With the recent announcement of an unchanged interest rate by the Federal Reserve coupled with a rate of inflation holding steady at 3.7%, economic stress continues to grip American households.
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 52.1 percent in October, a 4.9-percentage point decrease from the September reading of 57 percent, indicating a second consecutive month of growth after one month of contraction in August.
SHANGHAI, Nov. 3, 2023 The World Bank recently released its updated "Global Economic Outlook" report, projecting a 2.1% global economic growth for 2023. Pioneering the internationalization of Chinese manufacturing companies, Morimatsu International Holdings Limited has traversed over three decades.
New workers added by tech companies and adjacent employers, unemployment rate at 2.1% DOWNERS GROVE, Ill. #JobsReport data reveals. Tech occupations across the economy increased by an estimated 483,000 jobs.1?As indicated in the footnote, monthly occupation-level data as reported by the BLS will fluctuate but tends to average out over time.
ARLINGTON, Va., Nov. 1, 2023 Although credit quality continues to hold steady, bankers are pessimistic about economic conditions for their institutions amid fears the Federal Reserve will wait until late next year to begin lowering interest rates, according to a new survey of bank executives released today by fintech IntraFi.
New Orders and Backlogs Contracting; Employment Contracting; Production Expanding; Supplier Deliveries Faster; Raw Materials Inventories Contracting; Customers' Inventories Too Low; Prices Decreasing; Exports and Imports Contracting. TEMPE, Ariz.
ROSELAND, N.J., Nov. 1, 2023 ?Private sector employment increased by 113,000 jobs in October and annual pay was up 5.7 percent year-over-year, according to the October ADP? National Employment ReportTM produced by the ADP Research Institute? in collaboration with the Stanford Digital Economy Lab.
Consumers Remain Pessimistic About the Future?Even as They Continued to Spend NEW YORK, Oct. 31, 2023 The Conference Board Consumer Confidence Index? declined moderately in October to 102.6, down from an upwardly revised 104.3 in September. "Consumer confidence fell again in October 2023, marking three consecutive months of decline," said Dana Peterson, Chief Economist at The Conference Board.
NEW YORK, Oct. 31, 2023 American Securities LLC, a leading U.S. private equity firm, today announced that it has entered into a definitive agreement to sell Paragon Medical, a global industry leader in highly engineered medical components and instruments, to AMETEK, Inc. (AME), a leading global provider of industrial technology solutions, in an all-cash transaction valued at approximately $1.9 billion.
- Lunit joins as an Associate Partner of the World Economic Forum, propelling global expansion and collaboration in the realm of AI-driven cancer care SEOUL, South Korea, Oct. 31, 2023 /PRNewswire/ -- Lunit, a leading provider of AI-powered solutions for cancer diagnostics and therapeutics, has expanded its collaboration with the World Economic Forum by joining as an Associate Partner of the fo...
Launch completes manufacturing and services PMI coverage for G-7 economies NEW YORK, Oct. 31, 2023 S&P Global Market Intelligence, a provider of information services and solutions to global markets, today announced the launch of the S&P Global Canada Services Purchasing Managers' Index?. With the addition of the Canada Services indicator, S&P Global (SPGI) now produces a Manufacturing and Services Pu...
GUANGZHOU, China?, Oct. 28, 2023 Global economy will slow to 3.1% in 2023 as monetary policy tightening, the war in Ukraine and lingering effects of the Covid-19 pandemic continue to affect global growth, the?IFF Global Finance and Development Report 2023 projects.
WASHINGTON, Oct. 27, 2023 A new report from the Progressive Policy Institute found that Amazon invested $46.5 billion in the United States in 2022, putting it at the top of PPI's new Investment Heroes list. The theme of this year's Investment Heroes report is the recovery of the U.S. capital investment from the shock of the COVID-19 pandemic and the benefits these investments provide to workers.
TOKYO, Oct. 27, 2023 Nippon Express Ltd., a group company of NIPPON EXPRESS HOLDINGS, INC., has received Good Distribution Practice certification from the Irish Exporters Association, effective September 21, for the temporary storage and air/ocean forwarding of pharmaceutical products at its warehouse near Dublin International Airport.
RIYADH, Saudi Arabia, Oct. 26, 2023 /PRNewswire/ -- At the Future Investment Initiative, a global summit, in Riyadh today, leading international figures including ministers from Europe, the Middle East, and an African head of state looked at new principles that can help strengthen the international economy amidst the growing volatility and disruption seen over this decade.
Declining global economic confidence for second consecutive quarter points to further loss of economic momentum NEW YORK and MONTVALE, N.J., Oct. 26, 2023 /PRNewswire/ -- Financial professionals expressed a notable reduction in economic confidence in North America in Q2, with mixed results elsewhere, according to the latest Global Economic Conditions Survey? by ACCA?and?IMA??.?. The survey sho...
New "2023 API Impact Report" Study Finds API-Driven Innovation has Increasing Macroeconomic Influence Across North American and Global Economies SAN FRANCISCO, Oct. 25, 2023 /PRNewswire/ -- Kong Inc., a leading developer of cloud API technologies, today announced its most recent study, the company's "2023 API Impact Report."
Experts worldwide are constantly thinking of new ideas and policies to help boost the economy, but seem to overlook the idea that personal pleasure has a direct bearing on the economy. NEW YORK, Oct. 24, 2023 /PRNewswire/ -- Economic growth is measured by an increase in gross domestic product, which is defined as the combined value of all goods and services produced within a country in a year.
HELSINKI, Oct. 24, 2023 Q3/2023 Q1?Q3/2023 Key highlights GuidanceStora Enso reiterates its full-year 2023 operational EBIT to be significantly lower than for the full-year 2022.OutlookStora Enso faces a continued subdued market outlook for the rest of 2023 and going into 2024, as weak global growth and high inflation weigh on its performance.
Heads of state, CEOs, financiers, and policy experts, to convene in light of rising global economic and geopolitical unrest RIYADH, Saudi Arabia, Oct. 19, 2023 /PRNewswire/ -- The Future Investment Initiative, Riyadh 24-26 October will unite leaders in finance, technology, and climate to address global challenges.
Bladex announces Net Profit increased 23% QoQ and 70% YoY to $45.8 Million, or $1.25 per share for the 3Q23; annualized return on equity of 15.9% in 3Q23 PANAMA CITY, Oct. 19, 2023 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A., a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade an...
NEW YORK, Oct. 19, 2023 ?The Conference Board Leading Economic Index? ?for the?U.S. declined by 0.7 percent in September 2023 to 104.6, following a decline of 0.5 percent in August.
Renowned demographer and economist Alan?Nevin's new book,?The Next Half Century, tells which cities and countries will fare best SAN DIEGO, Oct. 19, 2023 /PRNewswire/ -- With so much talk of doom and gloom in the U.S. and abroad, it is easy to worry that life will only get worse in the next half century.
NEW DELHI, Oct. 19, 2023 The G20 nations house two-thirds of the global population and are responsible for over three-quarters of global trade and GDP. Recognizing the need for transformation, RMI released a report on Transforming the Logistics Sector Across G20 Nations.
Conference on international standard setting to take place in Northern Virginia on November 27-30, 2023?. WASHINGTON, Oct. 17, 2023 /PRNewswire/ -- ?The Digital Dollar Project and the?Atlantic Council's GeoEconomics Center will cohost "Exploring central bank digital currency: Evaluating challenges & developing international standards," a first-of-its-kind convening of leaders from international...
PUNE, India?, Oct. 17, 2023 In a recent publication by?Infinium Global Research, an exhaustive analysis of the Industry 4.0 Market is presented, encompassing both global and regional dimensions.
CLARK,?N.J., Oct. 13, 2023 /PRNewswire/ -- The GEP Global Supply Chain Volatility Index ? a leading indicator tracking demand conditions, shortages, transportation costs, inventories and backlogs based on a monthly survey of 27,000 businesses ? fell from -0.18 in August to -0.35 in September, with a sharper increase in excess capacity across the world's supply chains.
WASHINGTON, Oct. 12, 2023 /PRNewswire/ -- A new report released today by Kearney's Global Business Policy Council, Embracing volatility, explores the global economic outlook through 2027, including an exploration of five factors that will have an outsized impact in shaping the macroeconomic environment.
Expand North Star 2023 accelerates global VC investment revival as deep tech game-changers choose Dubai as launch-pad for global growth Record number of Indian start-ups to converge at four-day event's new iconic Dubai Harbour venue DUBAI, UAE, Oct. 12, 2023 /PRNewswire/ --?India's burgeoning entrepreneurial spirit and proliferation of next-gen deep tech talent will take centre-stage next week...
DOHA, Qatar, Oct. 10, 2023 ?In line with the financial sector strategy and the financial technology strategy, and based on Qatar Central Bank's permanent endeavor to regulate and develop the financial sector in the country, Qatar Central Bank issued instructions for the Loan-Based Crowdfunding Regulation, for the purpose of licensing and regulating.
WASHINGTON, Oct. 10, 2023 America's electric cooperatives supported approximately 623,000 American jobs and contributed $111 billion annually to gross domestic product from 2018 through 2022, according to a new report.
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, Oct. 9, 2023 /PRNewswire/ -- As per The?Business Research Company's Education Building Global Market Report 2023, the global education buildings market is poised for substantial growth, with the market size projected to increase from $5...
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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