Although it seems like fun and games, the Orange County Fair has a massive effect on the regional economy, bolstering employment, tourism and revenue to the tune of nearly $331 million per year during its three-week lifespan. That was the finding of an economic impact report considered this week by officials with the Orange County […]
Mexican consumers are shifting their spending habits toward immediate value, essential purchases and personal well-being as economic uncertainty and financial pressure reshape consumption patterns, according to Bain & Company. The firm’s Consumer Pulse México 2026 study found that 68% of consumers used credit during the past year primarily to cover emergencies, grocery purchases and basic household expenses, […]
NEW YORK, May 28, 2026–(BUSINESS WIRE)–KBRA assigns preliminary ratings to notes issued Fora Financial Asset Securitization 2026 LLC (the “Issuer”). The Issuer will issue five classes of Notes (collectively, the “Notes” or “Series 2026-1 Notes”) totaling $130 million. The FFAS 2026-1 transaction is the fourth securitization for the Company. Fora Financial LLC founded in 2008, […]
New study positions yacht builders as the industrial foundation of a €54 billion global superyacht economy… A new landmark study by Deloitte and Vrije Universiteit Amsterdam, Global Economic Impact of the Superyacht Industry, commissioned by Superyacht Life Foundation (SYL) and the Superyacht Builders Association (SYBAss), reveals that the global superyacht sector generated […]
TOWN OF GRAFTON — Well over 100 people showed up to this month’s Grafton Town Board meeting to express concern about a sober living facility that was in the process of moving into a home on Lake Shore Drive. The issue, many said, was not the nature of the business, but the fact it was […]
The Fidelity MSCI Consumer Discretionary Index ETF (FDIS 0.62%) offers broader diversification across hundreds of holdings, while the State Street Consumer Discretionary Select Sector SPDR ETF (XLY 0.71%) provides concentrated exposure to large-cap leaders. These funds target the consumer cyclical sector, capturing companies that rely on discretionary spending and economic strength. While the Fidelity fund […]
Geoff Yu at BNY highlights that Canadian Dollar (CAD) dynamics differ from the U.S., with equity-based rebalancing pointing toward CAD support as growth and allocation trends move opposite to the US Dollar. Fixed income steepening and poor CAD performance are seen amplifying CAD buying signals, suggesting some relief for the Canadian Dollar into month-end. Canadian […]
Digital payments platform giant PayPal (PYPL) is contemplating making Venmo a standalone business unit. Venmo, with about 100 million users, is one of the biggest peer-to-peer payment networks in the United States. Consequently, as voices around a potential takeover of PayPal gather steam, the management is looking to extract the maximum value from one of […]
By Tamiyuki Kihara and Leika Kihara TOKYO, May 28 (Reuters) – Japan’s ruling party will propose issuing “bridging bonds” to fund flagship programmes aimed at boosting growth and economic security, a draft of its proposal showed on Thursday, an idea that underscores politicians’ sensitivity to rising bond yields. The government would consider including the idea […]
NEW YORK (AP) — U.S. stocks inched to more records Wednesday after oil prices fell and eased the pressure on households and businesses worldwide. The S&P 500 edged up by less than 0.1 per cent and added to its all-time high set the day before. The Dow Jones Industrial Average climbed 182 points, or 0.4 […]
