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U.S. economy is ‘on the move,’ Biden says as jobs jump

WASHINGTON, July 2 (Reuters) – U.S. President Joe Biden and top administration officials hailed Friday’s strong monthly jobs report, saying it was a sign that the White House’s economic and pandemic-fighting strategies were working. “This is historic progress, pulling our economy out of the worst crisis in 100 years, driven in part by our dramatic […]

FirstFT: Trump Organization and top executive charged with fraud

Good morning. This article is an on-site version of our FirstFT Americas newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday morning How well did you keep up with the news this week? Take our quiz.Donald Trump’s family business and its longtime chief financial officer, Allen Weisselberg, have been […]

Would a forth stimulus check help out the economy? – mycbs4.com

Would a forth stimulus check help out the economy? mycbs4.com Read more…

Stubborn optimism about China’s economy after a decade on the ground

Jul 3rd 2021 PICTURE THE moment of confusion in a taxi in Guiyang, a city in south-western China. Your columnist had asked the driver to go to the new district. “The new new district or the old new district?” he asked. It was, it emerged, the old new district—a place that seven years ago, on […]

SEC Increases Slightly ‘Qualified Client’ Dollar Amount Thresholds

On June 17, 2021, the Securities and Exchange Commission (SEC) issued an order (the “Order”) approving a revision to Rule 205-3 under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), which exempts investment advisers from the general prohibition against charging clients performance fees when the client is a “qualified client,” increasing the […]

US economy picks up, greenback, Wall Street extend gains into Q3

Private Payroll Increase, Vaccine Take-Up, Fed Speak Lift USD Summary: US Stocks and the Dollar ended the final day of June higher after ADP Private Payrollsrose 692,000 in June, beating expectations (600,000). Although the May number was revised down, investor optimism for an economic comeback continued. With nearly 60% of US adults having received a Covid-19 vaccine, investors are expecting the economy to start strong in H2. In contrast, many other parts of the […]

G20 members urged to jointly fight COVID

[Photo/China Daily] China calls upon countries to ‘avoid export restrictions or excessive hoarding’ of vaccines State Councilor and Foreign Minister Wang Yi said on Tuesday that China has provided over 450 million doses of COVID-19 vaccines to nearly 100 countries so far, and called on the Group of 20 to “stay true to unity, teamwork […]

How YouTube Theater’s Opening Is Inspiring A New Creator Economy

LONDON, ENGLAND – OCTOBER 16: (NO PUBLICATION IN UK MEDIA FOR 28 DAYS) Queen Elizabeth II meets … [+] members of staff during a visit to the UK headquarters of internet search engine company Google on October 16, 2008 in London, England. The Queen uses a computer to upload a video to the Royal Channel […]

Tax natural resource use, say consumers in Ipsos survey

71% think businesses that use scarce natural resources should be taxed, according to a new Ipsos survey. 85% want to see appropriate product labelling on goods. Agreement was strongest in developing economies. Moving away from a ‘take-make-dispose’ approach to a more circular economy is considered a key strategy in combatting climate change. A growing number […]

How heat waves can scorch the U.S. economy

The triple-digit temperatures roasting the Pacific Northwest under a lingering heat dome are also starting to hurt the region’s economy. In Portland, Oregon, temperatures forced the city’s streetcar system to shut down as power cables melted and the heat strained the power grid. Near Seattle, roads cracked along stretches of a major interstate and a public pool […]