Stocks slid on Tuesday, adding to a losing streak that has April shaping up to be Wall Street’s worst month in two years. The S&P 500 fell 2.8 percent, bringing its losses for the month to 7.8 percent. The index is on track for its worst monthly decline since March 2020, when stocks plunged 12.5 […]
The war in Ukraine, the economic and social turmoil induced by China’s zero-Covid policy, the European Union’s collective security and defense awakening, and the polarization of American politics have combined to induce global economic pessimism. Yet none of these factors will stagnate long-term global growth. They will accelerate it, driven by the escalating global commitment […]
The Pierre Economic Development Corporation has renewed its commitment for a second year to provide scholarship support for students taking the Learn & Earn program through Capital City Campus. Members of PEDCO’s board approved offering $500 scholarships to the first 12 students who enroll in Dakota Wesleyan University’s Pierre-based program for August 2022. PEDCO board […]
Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies. Asia shares edge up, sentiment fragile on China growth fearsMSCI’s broadest index of Asia-Pacific shares outside Japan ticked up 0.8% Oil prices rebound from sharp drop on China demand concernsBrent crude futures were at […]
The US dollar rallied to its highest level since March 2020 on Monday and is on track for its best month since January 2015, buoyed by expectations that the Federal Reserve will have to lift interest rates aggressively to tame inflation. The dollar index, which tracks the US currency against six others including the euro […]
World leaders spent more than $2 trillion on arms last year, almost 37 times more money than the estimated global spending on Covid-19 vaccines. The global military spending reached $2.113 trillion in 2021, about 0.7 per cent higher than in 2020, and 12 per cent higher than in 2012, according to a report by the […]
Reliance’s decision to back out comes after almost two years of litigation as Amazon contested the takeover. By Suvashree GhoshBloomberg Published On 25 Apr 202225 Apr 2022 Billionaire Mukesh Ambani abandoned a plan to buy a teetering Indian retailer amid protracted legal challenges from Amazon.com Inc., potentially ending one episode of the broader clash between the […]
(The Center Square) – Alaska was ranked 21st in the nation for its economic outlook but is close to last in economic performance, according to a new report from the American Legislative Exchange Council (ALEC). The “Rich States, Poor States” report ranks states based on a variety of factors including tax burden, size of government, […]
LONDON/NEW YORK, April 20 (Reuters) – The Japanese yen recovered from a fresh two-decade low on Wednesday after the Bank of Japan stepped into the market again to defend its ultra-low interest-rate policy, drawing a sharp contrast with the United States where the Federal Reserve is on an aggressive tightening path. Traders said the dollar’s […]
Price increases, rising interest rates, steady but slowing economic growth, and steady job growth are projected for the Omaha-Council Bluffs area, according to a new economic and employment outlook report from the College of Business Administration (CBA) at the University of Nebraska at Omaha (UNO). The report was authored by UNO student authors Brandon Bergfalk, […]
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