Consumers are less confident their 2022 holiday plans will come to fruition compared to a year ago, according to a new study from Escalent, a top human behavior and analytics advisory firm. Interest in holiday shopping, traveling and gatherings are all down compared to a year ago, despite the easing of COVID-19 restrictions.
The NRS retail network comprises over 16,000 convenience stores, bodegas and other independent retailers in urban neighborhoods nationwide Consumer spending at NRS retailers surged in July 2022 ? increasing 9.2% year over year and 6.5% from June NEWARK, N.J., Aug. 04, 2022 -- NRSInsights, a provider of sales data and analytics drawn from retail transactions processed through the National Retail...
PIMCO, one of the world?s premier fixed income investment managers, announces that Richard Clarida, former Vice Chairman of the Board of Governors of the Federal Reserve System, will rejoin PIMCO as Managing Director and Global Economic Advisor, a role similar to the one he held during his previous 12 years at PIMCO.
Despite significant global economic headwinds, foreign investment continues to prove resilient in Chile. InvestChile Director Karla Flores highlighted the growth in the number of projects, which has reversed the 22% drop recorded in the first half of 2021.
June New Business Volume Down 1 Percent Year-over-year,?Up 10 Percent Month-to-month, Up 6 Percent Year-to-date 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 June was $10.3 billion, down 1 p...
Capital Bancorp, Inc. (CBNK), the holding company of Capital Bank, announced today that its Board of Directors has declared a cash dividend on its common stock of $0.06 per share. The Company also announced today that it had received a non-objection letter from the Federal Reserve Bank of Richmond to allow the Board to authorize management to repurchase its common stock.
RevoluGROUP Canada Inc. (MPSFF), is pleased to announce that the TSX Venture Exchange has approved the transaction for the Company to own the VIP Collection 182 domain names. Final TSX.V Approval of the Acquisition The Company has paid 514,446 CAD, about 396,123 USD, for the entire previously leased VIP Collection domain portfolio.
Existing Capacities & Functionality of Global Telco Webtel.mobi?s fully-operational TUV Digital Currency + CBDC equivalent mirrors all CBDC Requirements identified by the world?s foremost Macroeconomic & Financial Organizations.
In 2017, the Alternative Reference Rates Committee, a financial industry group convened by the Federal Reserve and the New York Fed, recommended the use of the Secured Overnight Funding Rate instead of U.S. dollar LIBOR, and SOFR-based financial products began trading in financial markets in the second half of 2018.
National Bank Holdings Corporation (NBHC) today announced it has now received all regulatory approvals from the Federal Reserve Board, the Utah Department of Financial Institutions, and the Colorado Division of Banking for the previously announced acquisition of Community Bancorporation, the holding company for Rock Canyon Bank.
Key Highlights WASHINGTON ? Existing-home sales dropped for the fifth straight month in June, according to the National Association of Realtors?. Three out of four major U.S. regions experienced month-over-month sales declines and one region held steady.
Recurrent, the car industry?s leading analyst of electric vehicle battery health, today released its Q3 2022 Used Electric Car Market Report, revealing that price increases for used EVs are now beating the consumer price index for all cars in the U.S. The lack of new and used EV supply leads consumers to either add their name to long pre-order wait lists or pay more for used cars today.
Key Highlights Foreign buyers purchased $59 billion worth of U.S. existing homes from April 2021 through March 2022, an 8.5% increase from the previous 12-month period and stopping a three-year skid in foreign investment in U.S. residential real estate, according to a new report from the National Association of Realtors?. Foreign buyers purchased 98,600 properties, down 7.9% from the prior year...
London-based payments and FX fintech?Freemarket has been appointed by Alternative Airlines, a fast growth UK-based?flight search and booking site, to provide multi-currency foreign exchange services. ?. The appointment means Alternative Airlines will now be able to expand its footprint and trade in the currencies of Middle Eastern countries including Saudi Arabia, UAE, Bahrain and Kuwait.
Effects from the pandemic and Ukraine war continue to reverberate through the global economy. The Federal Reserve is poised to raise rates until it believes inflation has been tamed. After more than two years, Covid-related supply chain complications are finally easing and various metrics indicate improvements to supply chain performance both domestically and globally.
After a strong rebound in Q1, overall equipment and software investment growth is expected to slow significantly over the remainder of the year, though demand in some end-use markets should remain healthy.
Incorta, the platform for real-time operational analytics on raw business data, today announced record growth and momentum in the first half of 2022, ending June 30, 2022. ?At times of great economic uncertainty, it?s hard to conceive of a technology that matters more to a company?s survival and ultimate success than real-time operational analytics,? said Scott Jones, CEO of Incorta.
First Northwest Bancorp (FNWB), parent company of First Fed Bank, announced a strategic investment in Meriwether Group, a firm providing accelerator, financial, and family office services. ?The First Fed and Meriwether partnership positions us to serve as a modern-day merchant bank, providing support for entrepreneurs and high growth business opportunities,? shared Matt Deines, CEO of FNWB and First Fed.
ExecOnline has become a part of the World Economic Forum New Champions Community, a group of dynamic high-growth companies that are championing new business models, emerging technologies, and sustainable growth strategies in the Fourth Industrial Revolution to create a better future.
Starfleet Innotech, Inc. (SFIO) announced today it has entered into an agreement with North America-based toy manufacturing and licensing powerhouse PPM Toys to jointly explore an acquisition towards accelerating both companies? global growth efforts.
Crushing rent increases remain the norm across Florida and beyond, and the Federal Reserve?s recent interest rate hike is unlikely to improve the landscape for cash-strapped renters, according to researchers at Florida Atlantic University and two other schools.
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 May was $9.4 billion, up 16 percent year-over-year from new business volume in May 2021.
On Wednesday, June 29, 2022, Toronto Centre will host a virtual executive panel to examine the likelihood of a global recession and how central bankers, financial supervisors and regulators, and policymakers can mitigate the impacts. PANELISTS Carmen Reinhart - Senior Vice President and World Bank Group Chief Economist, Development Economics.
Key Highlights ?. Existing-home sales retreated for the fourth consecutive month in May, according to the National Association of Realtors?. Month-over-month sales declined in three out of four major U.S. regions, while year-over-year sales slipped in all four regions.
Recently, Federal Reserve Vice Chairman Lael Brainard said in hearing testimony presented to the House Finance Committee that "a U.S. central bank digital currency may eventually coexist with stablecoins and commercial bank currencies in a complementary way."
First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), today announced that Cindy Hill-Finnie has been promoted from Vice Chair to Board Chair. ?Cindy is a respected leader with extensive experience in financial management, sales, business development, and community service.
First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), has been recognized as a Top 100 Best Workplace in Washington by Puget Sound Business Journal. ?First Fed is dedicated to creating well-being and prosperity for our employees, customers and communities.
Colorado State University Global today released an in-depth economic report, highlighting the positive impact the university has on the economy and students in both Colorado and the United States as a whole. CSU Global designs its programs to ensure success beyond the classroom and provide lifelong earning potential, delivering real value for students? tuition dollars.
?We Need Robots, Not Rate Hikes! Artificial Intelligence Technology Solutions, Inc. (AITX), today announced that its CEO, Steve Reinharz has published an online article that discusses the need for automation and robotics as an alternative to the increases in interest rates by the Federal Reserve. ?We Need Robots, Not Rate Hikes!? is online now.
FORT PIERCE, Fla. To alleviate the hunger, the Treasure Coast Food Bank is activating its Summer Meals program next week to give kids in Indian River, Martin, St. Lucie and Okeechobee Counties FREE breakfasts, lunches, and snacks while schools are closed. ?We see it as our duty to bridge this gap and do our part to fight hunger,? said Judith Cruz, President, and CEO of Treasure Coast Food Bank.
While measures of?consumer?sentiment have been declining recently, optimism about starting a business remains solid. The most recent?Startup Sentiment Index? survey was conducted May 19-26, 2022. Additional highlights: "Entrepreneurs are some of the most optimistic people on earth," says Hunter Stokes, president of FranchiseVentures.
OTC Markets Group Inc. (OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Foresight Financial Group Inc. (FGFH), a financial holding company established under the Federal Reserve, has qualified to trade on the OTCQX? Best Market. Foresight Financial Group Inc. (FGFH) begins trading today on OTCQX under the symbol ?FGFH.
77% of checkpoint inhibitor refractory patients alive at median follow up of 12 months 75% of CPI na?ve patients alive at median follow up of 17 months Anti-tumor objective responses seen in 88% of CPI na?ve patients and 63% CPI refractory patients Study shows early evidence of durable clinical responses Company to host conference call and webcast on June 7, 2022 at 8:00 AM EDT FLORHAM PARK, ...
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 April was $10.5 billion, up 7 percent year-over-year from new business volume in April 2021.
The Academy of Interactive and Visual Arts has announced the Communicator Awards 2022 winners, and G8 Strategies took home an award for Print Distinction in the competition for the 2021 Neurable Annual Report. The Communicator Awards is the leading international creative awards program honoring creative excellence for communications professionals.
Builders FirstSource, Inc. (BLDR), the nation?s largest supplier of structural building products, value-added components and services to the professional market for new residential construction and repair and remodeling, today announced that it has published its inaugural Corporate Social Responsibility report.
Key Highlights ?. Existing-home sales recorded a third straight month of declines, slipping slightly in April, according to the National Association of Realtors?. Month-over-month sales were split amongst the four major U.S. regions, with two areas posting gains and the other two experiencing waning in April.
The Wall Street Journal?s award-winning Future of Everything Festival is back May 17-19, 2022, in New York City and online, and it's bigger than ever. Hosted by WSJ, the globally trusted source of news and information, The Future of Everything Festival makes sense of the world through the lens of the global forces that will shape it now, and in the future.
Despite the improvement of certain economic indicators, including the U.S. unemployment rate, the U.S. Worker Confidence Index? trended downward to open 2022, decreasing 5.2 points to 101.9 and reversing nearly all gains made in the final quarter of 2021. All but one of the indices that comprise the WCI decreased in Q1.
Today, FreightWaves, the Global Leader in Supply Chain Data and Analytics, announced the Beta launch of SONAR Container Atlas - a new ocean dashboard that gives users visibility into the global container market through proprietary indices on volume and capacity.
Butlr Technologies, a MIT Media Lab spinout founded by Forbes 30 Under 30 entrepreneurs Jiani Zeng and Honghao Deng, was selected among hundreds of candidates as a "Technology Pioneer" by the World Economic Forum.
Seoul Robotics, the 3D perception solutions company using deep learning AI to power the future of autonomy, today was announced as one of the World Economic Forum?s ?Technology Pioneers? for 2022.
NEW YORK, May 10, 2022 -- DXM, a plug-and-play software-as-a-service platform for the apparel and footwear industry, was selected as one of the World Economic Forum?s 2022 ?Technology Pioneers.
Resilinc, the world?s leading supply chain risk monitoring, mapping, and resiliency solution, was selected among hundreds of candidates as one of the World Economic Forum?s ?Technology Pioneers?. Resilinc was founded with the purpose to strengthen global supply chains via technology-driven solutions that provide organizations unmatched visibility into their supply chain and supplier networks.
In March, the US Federal Reserve raised interest rates for the first time since 2018. How will interest rates affect mortgages? Homeowners with fixed-rate mortgages will not see their interest rate change. However, homeowners with adjustable-rate mortgages who are past their initial term will likely see their rate go up as the Fed rate rises.
New Frontier Data, the premier data, analytics and technology firm?specializing in the global cannabis industry, in its latest report, highlights the imperative for leaders in the emerging global cannabis industry to adopt a robust Environmental, Social & Governance framework.
New-age American investors are becoming increasingly frustrated at the slow pace of the American government?s decision on how it will regulate digital assets. The United States is behind other leading global economies in providing clarity about how it will regulate digital assets, causing a problem for investors.
TRU Staffing Partners, a globally recognized award-winning search firm representing talent and opportunities in data privacy, ediscovery, and cybersecurity, today announced the release of its 2022 Data Privacy Jobs Report. ?This report is one-of-a-kind because it is not a salary survey,? said Jared Coseglia, Founder and CEO of TRU Staffing Partners.
Cardlytics, Inc. (CDLX), a digital advertising platform, today announced financial results for the first quarter ended March 31, 2022. ?We had our largest Q1 ever and delivered results above our expectations,? said Lynne Laube, CEO & Co-Founder of Cardlytics (CDLX). ?This was a solid quarter and we are pleased with the execution despite issues in the global economy,? said Andy Christiansen, CFO of Cardlytics.
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 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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