Both the European Central Bank and the Bank of Canada have initiated 25 basis point cuts in their interest rates, but their US counterpart has not followed suit. In the June decision, the Federal Reserve again kept its policy interest rate unchanged at 5.25% to 5.5% and indicated that markets could expect only one possible cut for the remainder of …
Read More »Military transition programs focus on education rather than employment
READY all military-to-civilian transition programs focus on upskilling, retraining, or education rather than helping service members and veterans find jobsa new study reveals. Rand Corp. looked at how about 13 billion dollars a year are spent on these transition programs, specifically how the funds are allocated, where possible overlaps between programs are and whether the programs are effective. The researchers …
Read More »Petrol prices higher than they should be, says RAC
11 hours ago from Nick Edser, Business reporter, BBC News Getty Images According to the RAC, British motorists are facing petrol and diesel prices that are “much higher than they should be”. The motoring group said fuel retailers were using the “distraction” of the general election to keep profit margins “remaining high”. He called on the UK competition body to …
Read More »College athlete hiring law moves forward
Dan Murphy, ESPN Staff WriterJune 13, 2024, 6:10 PM ET SHUT Covers the Big Ten Joined ESPN.com in 2014 Graduated from the University of Notre Dame A congressional committee voted Thursday to move forward with a bill that would prevent college athletes from being considered employees of schools, conferences or the NCAA. The vote in the U.S. House Committee on …
Read More »Say goodbye to high US costs: Why retiring abroad is the new financial strategy for boomers
Say goodbye to high US costs: Why retiring abroad is the new financial strategy for boomers From 2019 to 2022, the number of Americans receiving their Social Security benefits overseas increased from 413,000 to 760,000. With more countries opening up retirement visas, the idea of retiring abroad continues to grow in popularity. Why are so many people drawn to live …
Read More »If Biden’s economy was ‘strong’, trading partners would not de-dollarize
The 50-year petrodollar agreement between the United States and Saudi Arabia that designated the US dollar as the global trade currency for oil sales ended on June 9. The US dollar was essentially the “gold standard” of global oil trade. Now that is no more, renewing concerns about “de-dollarization” and the future of the US economy. “Oil exporters pay for …
Read More »Cardboard market to grow, emerging from ‘packaging recession’: BofA
Bank of America has expressed bullish optimism on the paper and forest products sector, with analysts raising their rating to Buy across the industry. This positive sentiment stems from an improved outlook and favorable industry trends. BofA Securities’ George Staphos joins Market Domination to share his opinion on the cardboard markets. Staphos emphasizes the importance of the wholesale cardboard box …
Read More »Comment: Freedom to work is on the line
What do barbers, medical professionals, taxidermists, school bus drivers and manicurists have in common? They need a professional license from the state to be allowed to do their job in Florida. Currently, many of these skilled professionals cannot perform their jobs in many other states if they have a professional license in Florida – nor here in Florida if their …
Read More »5 places in America to retire that are as cheap as Mexico, Portugal and Costa Rica
InfiniteImpactStudios/Getty Images/iStockphoto You may know friends or family who have moved to countries like Mexico, Portugal, or Costa Rica to live more frugally after they retire. Watch: Retirement Planning: Here’s How Much Money You Really Need to Age Locally Read more: How to get $340 a year in cash back from the gas and other things you already buy If …
Read More »Stock market in a doldrums: How does the French crisis affect the markets?
5:00 p.m 3 min reading â–ª from Ariela R. The French stock market is experiencing a period of turbulence since the announcement of the dissolution of the National Assembly and early legislative elections. Investors, concerned about political uncertainty and its consequences for the economy, have caused a drop in share prices. This French storm does not spare other European markets, …
Read More »World Markets Watchlist: June 17, 2024
Our Global Markets Watchlist tracks eight prominent indices from economies around the world. The list includes the S&P 500 from the United States, FTSE 100 from England, the DAXK From Germany, CAC 40 from France, Nikkei 225 from Japan, Shanghai from China, Hang Seng from Hong Kong and BSE SEX from India. All eight indexes on our global watch list …
Read More »Modi 3.0 and employment – Opinion News
By Biswajit Dhar For the past decade, the Bharatiya Janata Party (BJP) enjoyed an absolute majority in the Lok Sabha, India’s lower house of parliament. This time, it has fallen too far from that point. His reduced numbers likely reflect his failure during previous terms to address the economic distress of a significant section of society, particularly the youth and …
Read More »Does the ‘4 Percent’ Rule for Retirement Savings Work in Hard Times?
Retirement planning is looming large because my 55th birthday is just around the corner. Unfortunately, planning is extremely difficult because much of life and death is sudden and impossible to predict with any useful accuracy. Fortunately, it is possible to glean some wisdom by examining history to get a sense of the market’s downside risk. That’s why I’ve been following …
Read More »Brazil’s Central Bank faces a self-inflicted crisis over interest rates and inflation forecasts
(Bloomberg) — Brazil’s central bank is facing a self-created emergency that threatens to sabotage years of nimble policymaking and credibility gains. Most Read by Bloomberg Inflation forecasts are above the 3% target for the foreseeable future and confidence is collapsing as markets question whether the central bank – or the presidency – is commanding monetary policy. It’s a devastating reversal …
Read More »Beta-Carotene Market Forecast to Reach $1.67 Billion by 2033: Smart Insights
Sharp glances The beta-carotene market size is projected to grow from $1.01 billion in 2023 to $1.67 billion in 10 years. The worldwide beta-carotene market is driven by a variety of end-user applications such as processed beverages, nutritional supplements, etc. Newark, June 17, 2024 (GLOBE NEWSWIRE) — The Brainy Insights estimates that the beta-carotene market will grow from $1.01 billion …
Read More »