After scaling 40-year highs, inflation in the United States has been slowly easing since summer. Yet the Federal Reserve seems decidedly unimpressed — and unconvinced that its fight against accelerating prices is anywhere near over. On Thursday, stock markets buckled on the growing realization that the Fed may be willing to let the economy slide into recession […]
On Thursday morning, Vigo County School Corp. adult education students took classes in one part of the Learning Lab, while fourth graders learned about technology and robotics in another area. The Terre Haute business community got a first-hand introduction to the Vigo County Learning Lab, described as a “mixed-use learning environment” involving several community partners. […]
TOKYO, Dec 16 (Reuters) – Japan will extend tax breaks on low-emission cars and seek to shift its massive household savings into investment in the government’s annual tax code revision to be approved on Friday. The government will also raise corporate, income and tobacco taxes to pay for a scheduled doubling of Japan’s defence spending […]
Capex revival and increased infrastructure spending by the government are likely to be among the key drivers of the Indian economy in 2023, according to analysts. Analysts say they are already seeing multiple green signals of higher capacity utilisation levels, higher capital spending and de-leveraged balance sheets which point to a capex cycle revival. While […]
July is a creator economy startup with a mission to simplify the brand deal process. It just announced a $2.3 million pre-seed fundraising round led by Seven Seven Six. Here’s the pitch deck it used to get in front of investors as VC funding in the space cools. Wells Douraghy, a 23-year-old CEO, isn’t a […]
NEW YORK (AP) — The Federal Reserve’s move Wednesday to raise its key rate by a half-point brought it to a range of 4.25% to 4.5%, the highest level in 14 years. The Fed’s latest increase — its seventh rate hike this year — will make it even costlier for consumers and businesses to borrow […]
From: Inside Story Latest economic data from China paints a gloomier picture than analysts had forecast. The saying used to be: When the United States sneezes, the world catches a cold. Now, the global focus is just as much on China. COVID-19 has had an impact on the financial health of the world’s second-largest economy […]
RANTOUL — The eye-catching bar that adorns ET’s restaurant in downtown Rantoul has a unique and local history. It features a glass top framed in copper. The glass panels, which contain chicken wire, were used as architectural panels in the hangars on the former Chanute Air Force Base. ET’s owner, Eric Thompson, said a friend, […]
The iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ: COMT) announced the distribution of its yearly dividend on Monday, December 12. A dividend of $8.398 per share, payable on December 19, will be given to stockholders with records as of December 14. This represents a yield of 30.25%. The ex-dividend date for this dividend is […]
Stock futures were sharply lower Thursday following the Federal Reserve’s latest policy update. Futures tied to the Dow Jones Industrial Average fell 240 points, or 0.7%. S&P 500 futures dropped 1%, and Nasdaq 100 futures lost 1.3%. On Tuesday, the Dow fell 142 points, while the S&P 500 declined 0.61% and the Nasdaq Composite dropped […]
