Category: Business » Economy

Your IMF Update: Press Release - Bulgaria

7:15 am Eastern | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Trump Rated Best on Terrorism, the Economy; Better on Taxes

4:45 am Eastern | Business

The Latest From Gallup News

Trump Rated Best on Terrorism, the Economy; Better on Taxes

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3 Ways Beyond NPS to Fully Understand B2B Relationships

1:21 am Eastern | Business

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3 Ways Beyond NPS to Fully Understand B2B Relationships

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SEC Votes to Modify Compliance Date for Open-End Fund Liquidity Classification

21 Feb 19:44 | Business

The Securities and Exchange Commission today voted to extend by six months the deadline by which open-end funds must comply with certain elements of the Commission's liquidity risk management program rule.  The new compliance date will provide funds additional time to complete implementation of the final rule's classification requirement, along with specified other elements that are tied to the classification requirement.  Other provisions of the rule that provide important investor protection benefits, including the requirements to adopt a liquidity risk management program and to limit illiquid investments to 15 percent of the fund’s portfolio, will go into effect as originally scheduled. The Commission adopted the open-end fund liquidity rule in October 2016, in an effort to promote effective liquidity risk management programs in the fund industry. Management of liquidity risks is important to funds' ability to meet their statutory obligation — and their investors’read more »

In the News: Billy Graham on 'Most Admired' List 61 Times

21 Feb 16:57 | Business

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In the News: Billy Graham on 'Most Admired' List 61 Times

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Americans Not Convinced U.S. Needs to Spend More on Defense

21 Feb 16:33 | Business

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Americans Not Convinced U.S. Needs to Spend More on Defense

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SEC Charges Former Bitcoin-Denominated Exchange and Operator With Fraud

21 Feb 15:10 | Business

The Securities and Exchange Commission today charged a former bitcoin-denominated platform and its operator with operating an unregistered securities exchange and defrauding users of that exchange.  The SEC also charged the operator with making false and misleading statements in connection with an unregistered offering of securities.  The SEC alleges that BitFunder and its founder Jon E. Montroll operated BitFunder as an unregistered online securities exchange and defrauded exchange users by misappropriating their bitcoins and failing to disclose a cyberattack on BitFunder’s system that resulted in the theft of more than 6,000 bitcoins.The SEC also alleges that Montroll sold unregistered securities that purported to be investments in the exchange and misappropriated funds from that investment as well. “We allege that BitFunder operated unlawfully as an unregistered securities exchange.  Platforms that engage in the activity of a national securities exchange, regardleread more »

Your IMF Update: Press Release - France

21 Feb 14:44 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: IMF Policy Paper

21 Feb 14:44 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Minutes of the Federal Open Market Committee, January 30-31, 2018

21 Feb 14:00 | Business

Minutes of the Federal Open Market Committee, January 30-31, 2018read more »

SEC Adopts Statement and Interpretive Guidance on Public Company Cybersecurity Disclosures

21 Feb 13:15 | Business

Yesterday, the Securities and Exchange Commission voted unanimously to approve a statement and interpretive guidance to assist public companies in preparing disclosures about cybersecurity risks and incidents. “I believe that providing the Commission’s views on these matters will promote clearer and more robust disclosure by companies about cybersecurity risks and incidents, resulting in more complete information being available to investors,” said SEC Chairman Jay Clayton.  “In particular, I urge public companies to examine their controls and procedures, with not only their securities law disclosure obligations in mind, but also reputational considerations around sales of securities by executives.” The guidance provides the Commission’s views about public companies’ disclosure obligations under existing law with respect to matters involving cybersecurity risk and incidents.  It also addresses the importance of cybersecurity policies and procedures and the applicatioread more »

Federal Reserve Board announces approval of application by IBERIABANK

21 Feb 12:00 | Business

Federal Reserve Board announces approval of application by IBERIABANKread more »

Americans Hit the Brakes on Self-Driving Cars

21 Feb 04:19 | Business

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Americans Hit the Brakes on Self-Driving Cars

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South Koreans Increasingly Doubtful That Hard Work Pays Off

21 Feb 01:15 | Business

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South Koreans Increasingly Doubtful That Hard Work Pays Off

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In the News: Netanyahu's Image Improved Before Controversy

21 Feb 00:31 | Business

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In the News: Netanyahu's Image Improved Before Controversy

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Your IMF Update: Press Release - Australia

20 Feb 20:15 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - Kenya

20 Feb 18:13 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - Kenya

20 Feb 17:58 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

South Korea's Image at New High in U.S.

20 Feb 16:47 | Business

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South Korea's Image at New High in U.S.

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Americans' Views on Guns, the Military and the Middle East

20 Feb 16:24 | Business

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Americans' Views on Guns, the Military and the Middle East

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U.S. Satisfaction With World Standing Hits 13-Year High

20 Feb 14:00 | Entertainment

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U.S. Satisfaction With World Standing Hits 13-Year High

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Your IMF Update: Press Release - West Bank and Gaza

20 Feb 12:10 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - Islamic Republic of Mauritania

20 Feb 10:10 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

U.S. Leadership Image Suffers Most Among Friendly Nations

20 Feb 02:23 | Business

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U.S. Leadership Image Suffers Most Among Friendly Nations

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Global dividends break new record in 2017, with more to come for the year ahead

19 Feb 15:18 | World

A strengthening world economy and rising corporate confidence pushed global dividends to a new high in 2017, according to the Janus Henderson Global Dividend Index.read more »

North Korea Surges to Top of U.S. Enemies List

19 Feb 04:31 | Business

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North Korea Surges to Top of U.S. Enemies List

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Your IMF Update: Press Release - Austria

17 Feb 08:55 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - El Salvador

16 Feb 17:10 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Gallup Vault: Misjudging Cellphone Adoption

16 Feb 16:00 | Business

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Gallup Vault: Misjudging Cellphone Adoption

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Your IMF Update: Press Release

16 Feb 15:40 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Federal Reserve Board seeking to impose a $487,500 fine on former Barclays Bank PLC employee and permanently bar him from the banking industry

16 Feb 15:00 | Business

Federal Reserve Board seeking to impose a $487,500 fine on former Barclays Bank PLC employee and permanently bar him from the banking industryread more »

SEC Obtains Bars and Suspensions Against Individuals and Accounting Firm in Shell Factory Scheme

16 Feb 13:35 | Business

The Securities and Exchange Commission today announced charges against three Israeli residents, a Washington, D.C. attorney, and an Israeli auditor and his Maryland-based accounting firm for their roles in a fraudulent scheme in the creation of numerous public shell companies.  Under the terms of their settlements with the SEC, the three Israeli residents will be subject to penny stock bars and the attorney and auditor will be prohibited from appearing and practicing before the Commission. According to a complaint filed by the SEC in federal district court for the Eastern District of New York, Sharone Perlstein, Aric Swartz, and Hadas Yaron created at least 15 shell companies by filing false and misleading registration statements and periodic reports with the SEC, creating phony business plans, and appointing nominal officers and directors, who also acted as straw-man shareholders for the shell companies.  The defendants also conducted putative initial public offerings of ceread more »

Wellcome, Gallup to Research Attitudes About Science Globally

16 Feb 13:30 | Business

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Wellcome, Gallup to Research Attitudes About Science Globally

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Your IMF Update: Mission Concluding Statement - Turkey

16 Feb 10:10 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

SEC Suspends Trading in Three Issuers Claiming Involvement in Cryptocurrency and Blockchain Technology

16 Feb 09:35 | Business

The Securities and Exchange Commission today suspended trading in three companies amid questions surrounding similar statements they made about the acquisition of cryptocurrency and blockchain technology-related assets. The SEC’s trading suspension orders state that recent press releases issued by Cherubim Interests Inc. (CHIT), PDX Partners Inc. (PDXP), and Victura Construction Group Inc. (VICT) claimed that CHIT, PDXP, and VICT acquired AAA-rated assets from a subsidiary of a private equity investor in cryptocurrency and blockchain technology among other things.  According to the SEC order regarding CHIT, it also announced the execution of a financing commitment to launch an initial coin offering.     According to the SEC’s orders, there are questions regarding the nature of the companies’ business operations and the value of their assets, including in press releases issued beginning in early January 2018.  Additionally, the Commission suspended trading in the securead more »

Business Employment Dynamics Latest Numbers

16 Feb 08:33 | Business

Gross Job Gains: Total Private 7,604,000 in 2nd Qtr of 2017 Historical Data Goods-Producing 1,394,000 in 2nd Qtr of 2017 Historical Data Service-providing 6,210,000 in 2nd Qtr of 2017 read more »

Import/Export Price Indexes Latest Numbers

16 Feb 08:33 | Business

Imports All Commodities: +1.0% in Jan 2018 Historical Data Fuels & Lubricants: +4.7% in Jan 2018 Historical Data All Imports Excluding Fuels: +0.4% in Jan 2018 read more »

Major Economic Indicators Latest Numbers

16 Feb 08:33 | Business

Consumer Price Index (CPI): +0.5% in Jan 2018 News Release Historical Data Unemployment Rate: 4.1% in Jan 2018 News Release Historical Data Payroll Employment: read more »

Consumer Price Index Latest Numbers

16 Feb 08:33 | Business

CPI-U, US City Average, All Items: NSA +0.5% in Jan 2018 Historical Data SA +0.5% in Jan 2018 Historical Data NSA +2.1% since Jan 2017 Historical Dread more »

Current Employment Statistics Latest Numbers

16 Feb 08:32 | Business

Change in Total Nonfarm Payroll Employment: +200,000(p) in Jan 2018 Historical Data Change in Total Private Average Hourly Earnings for All Employees: +$0.09(p) in Jan 2018 Historical Data Change in Total Private Average Weekly Hours for All Employees: read more »

Mass Layoff Statistics Latest Numbers

16 Feb 08:32 | Business

Seasonally Adjusted: Total Mass Layoff Events 1,301 in May 2013 Historical Data Change in Total Mass Layoff Events +102 in May 2013 Historical Data Total Mass Layoff Initial Claimants 127,821 read more »

Few MBA, Law Grads Say Their Degree Prepared Them Well

16 Feb 04:25 | Business

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Few MBA, Law Grads Say Their Degree Prepared Them Well

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G17: G.17 Annual Revision to be released on March 23, 2018

15 Feb 19:04 | Business

The Federal Reserve Board plans to issue its annual revision to the index of industrial production (IP) and the related measures of capacity utilization on March 23, 2018. New annual benchmark data for 2016 for manufacturing will be incorporated, as will other annual data, including information on the mining of metallic and nonmetallic minerals (except fuels). The updated IP indexes will include revisions to the monthly indicator (either product data or input data) and to seasonal factors for each industry. In addition, the estimation methods for some series may be changed. Any modifications to the methods for estimating the output of an industry will affect the index from 1972 to the present.The revision to the historical data for capacity and capacity utilization will incorporate data through the fourth quarter of 2017 from the U.S. Census Bureau's Quarterly Survey of Plant Capacity Utilization along with new data on capacity from the U.S. Geological Survey, the U.S. Department of Eread more »

G17: G.17 Preliminary Estimates of Industry Capacity

15 Feb 19:04 | Business

The data in the February 15, 2018 release include preliminary estimates of industrial capacity for 2018. Measured from fourth quarter to fourth quarter, total industrial capacity is projected to rise 2.3 percent this year after increasing 1.1 percent in 2017. Manufacturing capacity is expected to advance 1.5 percent in 2018, somewhat faster than the 0.7 percent pace in 2017. Capacity in the mining sector is estimated to rise 6.3 percent in 2018 following a smaller increase of 2.7 percent in 2017. Capacity at electric and natural gas utilities is projected to increase 2.5 percent in 2018 after moving up 0.7 percent in 2017.read more »

G17: G.17 Data for January 2018 are now available

15 Feb 19:04 | Business

Industrial production and capacity utilization data for January 2018 are now available. Industrial production edged down 0.1 percent in January following four consecutive monthly increases. Manufacturing production was unchanged in January. Mining output fell 1.0 percent, with all of its major component industries recording declines, while the index for utilities moved up 0.6 percent. At 107.2 percent of its 2012 average, total industrial production was 3.7 percent higher in January than it was a year earlier. Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972-2017) average.read more »

Kyle Moffatt Named Chief Accountant in Division of Corporation Finance

15 Feb 16:05 | Business

The Securities and Exchange Commission today announced that Kyle Moffatt has been named Chief Accountant in the Division of Corporation Finance. Mr. Moffatt has served as Acting Chief Accountant in the Division since January 2018.  In that role, Mr. Moffatt has overseen the Division’s work to assist companies with the implementation of revenue recognition and to develop the Division’s approach to reviewing companies’ disclosures.  Mr. Moffatt also led the Division’s efforts in evaluating the implications of recent changes to the tax laws and developing guidance for public companies.  As the Division’s Chief Accountant, Mr. Moffatt will continue leading these efforts as well as other ongoing initiatives to make disclosure and financial reporting more effective and relevant for investors and issuers. “I am very happy that Kyle has agreed to serve as the Chief Accountant in the Division,” said Bill Hinman, Director of the Division of Corporation Finance.  “Kyle brings aread more »

Kyle Moffatt Named Chief Accountant in Division of Corporation Finance

15 Feb 16:05 | U.S. News

The Securities and Exchange Commission today announced that Kyle Moffatt has been named Chief Accountant in the Division of Corporation Finance. Mr. Moffatt has served as Acting Chief Accountant in the Division since January 2018.  In that role, Mr. Moffatt has overseen the Division’s work to assist companies with the implementation of revenue recognition and to develop the Division’s approach to reviewing companies’ disclosures.  Mr. Moffatt also led the Division’s efforts in evaluating the implications of recent changes to the tax laws and developing guidance for public companies.  As the Division’s Chief Accountant, Mr. Moffatt will continue leading these efforts as well as other ongoing initiatives to make disclosure and financial reporting more effective and relevant for investors and issuers. “I am very happy that Kyle has agreed to serve as the Chief Accountant in the Division,” said Bill Hinman, Director of the Division of Corporation Finance.  “Kyle brings aread more »

Karen Garnett, Associate Director of Division of Corporation Finance, to Leave Agency After 23 Years of Service

15 Feb 16:05 | U.S. News

The Securities and Exchange Commission today announced that Karen Garnett, an Associate Director in the Division of Corporation Finance, will leave the agency in February. As an Associate Director overseeing the Division’s disclosure review program, Ms. Garnett led the Division’s selective review of transactional and periodic filings by issuers in a range of industries, including real estate, commodities, insurance and life sciences.  As part of this work, she led the evaluation of a broad range of transactions that included novel governance structures and financial products including cryptocurrencies.  Ms. Garnett also guided the Division’s implementation of significant rule changes, including those related to loan-level asset disclosure and credit risk retention applicable to asset-backed issuers.  In addition, Ms. Garnett led the review of the Commission’s business and financial disclosure requirements in Regulation S-K, resulting in the issuance of a concept release by tread more »

Your IMF Update: Transcript

15 Feb 15:26 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Immigration Jumps as Top Problem, Still Trails Government

15 Feb 14:59 | Business

The Latest From Gallup News

Immigration Jumps as Top Problem, Still Trails Government

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