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Sunday, August 25, 2019
JACKSON HOLE, Wyo. (Reuters) - Bank of England Governor Mark Carney took aim at the U.S. dollar’s “destabilizing” role in the world economy on Friday and said central banks might need to join together to create their own replacement reserve currency. Federal Reserve Chair Jerome Powell and Governor...
(Bloomberg) -- Bigger cracks are forming across America’s manufacturing foundation as lackluster global demand and persistent trade tensions led to the first contraction in U.S. factory activity since September 2009.The IHS Markit manufacturing Purchasing Managers’ Index slipped to 49.9 from a final July reading of 50.4, according to...
WASHINGTON — After they wooed him in Taormina, Italy, in 2017, President Trump snubbed world leaders by dropping out of the Paris climate accords. When they reached consensus in Charlevoix, Canada, a year later, Mr. Trump abruptly refused to sign their joint statement and escalated his trade war...
JACKSON HOLE, Wyo. (Reuters) - Over the decades since World War Two the growth rates, inflation rates, interest rates and business cycles of the world’s major economies grew closer together. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah...
(Adds analyst quotes, more finance minister quotes, background) Aug 23 (Reuters) - Lebanon is committed to economic reforms and will overcome its crisis, the finance minister told Reuters on Friday after Fitch downgraded the country’s credit rating to CCC while S&P kept it at B-/B. Minister Ali Hassan...
NEW YORK, Aug. 23, 2019 /PRNewswire/ -- The next generation of tennis met next-gen consumer technology on Friday when the #1 player in the world, Naomi Osaka, launched a new line of wireless, smart headphones designed by MUZIK, to transform the way people listen to music and connect to...
JACKSON HOLE, Wyo. (Reuters) - Bank of England Governor Mark Carney took aim at the U.S. dollar's "destabilising" role in the world economy on Friday and said central banks might need to join together to create their own replacement reserve currency.The dollar's dominance of the global financial system...
How can you describe today's global bond market? Bizarro World.That's the term global asset management company Schroders finally settled on. The reference is from Superman comic books in which a cubical "anti-Earth" provided running humor as everyone did and thought the opposite of normal."We're living in something very...
On Sunday, September 15, Symmetry Financial Group will partner with Asheville-based non-profit PubCorps in hosting a volunteer event to fight food insecurity in Buncombe CountyASHEVILLE, N.C., Aug. 23, 2019 /PRNewswire/ -- Symmetry Financial Group today announced its role as a presenting sponsor for PubCorps, an Asheville-based nonprofit that aims...
Source: Shutterstock. Securian Financial estimated over 50% of the current economic U.S. customer base will be under the age of 45 in the next 10 years. Importantly for financial institutions, younger...

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