Category: Business » Economy

Your IMF Update: Transcript

8:13 pm Eastern | Business

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

Your IMF Update: Transcript

7:57 pm Eastern | Business

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

Your IMF Update: Transcript

3:42 pm Eastern | Business

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

Americans Lack Confidence in Key Economic Leaders

1:56 pm Eastern | Business

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Americans Lack Confidence in Key Economic Leaders

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SEC Charges Additional Defendant in Fraudulent ICO Scheme

1:35 pm Eastern | U.S. News

The Securities and Exchange Commission today announced additional fraud charges stemming from an investigation of Centra Tech Inc.’s $32 million initial coin offering.  In an amended complaint filed today, the SEC charged one of Centra’s co-founders, Raymond Trapani, in a fraudulent scheme related to Centra’s 2017 ICO, in which the company issued “CTR Tokens” to investors.  Earlier this month, the SEC and criminal authorities charged Centra’s two other co-founders, Sohrab “Sam” Sharma and Robert Farkas, for their roles in the scheme.  “We allege that the Centra co-founders went to great lengths to create the false impression that they had developed a viable, cutting-edge technology,” said Robert A. Cohen, Chief of the SEC Enforcement Division’s Cyber Unit.  “Investors should exercise caution about investments in digital assets, especially when they are marketed with claims that seem too good to be true.” The SEC’s amended complaint allegesread more »

SEC Charges Additional Defendant in Fraudulent ICO Scheme

1:35 pm Eastern | U.S. News

The Securities and Exchange Commission today announced additional fraud charges stemming from an investigation of Centra Tech Inc.’s $32 million initial coin offering.  In an amended complaint filed today, the SEC charged one of Centra’s co-founders, Raymond Trapani, in a fraudulent scheme related to Centra’s 2017 ICO, in which the company issued “CTR Tokens” to investors.  Earlier this month, the SEC and criminal authorities charged Centra’s two other co-founders, Sohrab “Sam” Sharma and Robert Farkas, for their roles in the scheme.  “We allege that the Centra co-founders went to great lengths to create the false impression that they had developed a viable, cutting-edge technology,” said Robert A. Cohen, Chief of the SEC Enforcement Division’s Cyber Unit.  “Investors should exercise caution about investments in digital assets, especially when they are marketed with claims that seem too good to be true.” The SEC’s amended complaint alleges that Trapani was a read more »

Your IMF Update: Communiqué

12:12 pm Eastern | Business

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

Your IMF Update: Press Release - Arab Republic of Egypt

11:57 am Eastern | Business

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

Import/Export Price Indexes Latest Numbers

20 Apr 10:33 | Business

Imports All Commodities: unchanged in Mar 2018 Historical Data Fuels & Lubricants: -1.6% in Mar 2018 Historical Data All Imports Excluding Fuels: +0.2% in Mar 2018read more »

Major Economic Indicators Latest Numbers

20 Apr 10:33 | Business

Consumer Price Index (CPI): -0.1% in Mar 2018 News Release Historical Data Unemployment Rate: 4.1% in Mar 2018 News Release Historical Data Payroll Employment: read more »

Consumer Price Index Latest Numbers

20 Apr 10:33 | Business

CPI-U, US City Average, All Items: NSA +0.2% in Mar 2018 Historical Data SA -0.1% in Mar 2018 Historical Data NSA +2.4% since Mar 2017 Historical Dread more »

Current Employment Statistics Latest Numbers

20 Apr 10:33 | Business

Change in Total Nonfarm Payroll Employment: +103,000(p) in Mar 2018 Historical Data Change in Total Private Average Hourly Earnings for All Employees: +$0.08(p) in Mar 2018 Historical Data Change in Total Private Average Weekly Hours for All Employees: read more »

Mass Layoff Statistics Latest Numbers

20 Apr 10:33 | 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 »

Douglas Scheidt, Associate Director and Chief Counsel in the Division of Investment Management, to Leave Agency After 32 Years of Public Service

20 Apr 09:50 | Business

The Securities and Exchange Commission announced today that Douglas Scheidt, an Associate Director and the Chief Counsel in the Division of Investment Management, will retire from the SEC at the end of September. Mr. Scheidt has led the Division’s Chief Counsel’s Office for over 21 years.  During his tenure, Mr. Scheidt has provided legal and policy guidance for the $82 trillion asset management industry on a wide variety of matters, with a focus on regulatory compliance and the duties of fund directors and investment advisers, including valuation, distribution, fiduciary duty, fund governance, affiliated transactions and portfolio management, under the Investment Company Act and the Investment Advisers Act.  He has provided critical counsel and assistance on numerous SEC rulemakings, technical assistance to Congress on legislation, and has managed the Division’s international program and its dealings with foreign regulators.  He also directed the Divisioread more »

Douglas Scheidt, Associate Director and Chief Counsel in the Division of Investment Management, to Leave Agency After 32 Years of Public Service

20 Apr 09:50 | Business

The Securities and Exchange Commission announced today that Douglas Scheidt, an Associate Director and the Chief Counsel in the Division of Investment Management, will retire from the SEC at the end of September. Mr. Scheidt has led the Division’s Chief Counsel’s Office for over 21 years.  During his tenure, Mr. Scheidt has provided legal and policy guidance for the $82 trillion asset management industry on a wide variety of matters, with a focus on regulatory compliance and the duties of fund directors and investment advisers, including valuation, distribution, fiduciary duty, fund governance, affiliated transactions and portfolio management, under the Investment Company Act and the Investment Advisers Act.  He has provided critical counsel and assistance on numerous SEC rulemakings, technical assistance to Congress on legislation, and has managed the Division’s international program and its dealings with foreign regulators.  He also directed the Division’s responses toread more »

Douglas Scheidt, Associate Director and Chief Counsel in the Division of Investment Management, to Leave Agency After 32 Years of Public Service

20 Apr 09:50 | Business

The Securities and Exchange Commission announced today that Douglas Scheidt, an Associate Director and the Chief Counsel in the Division of Investment Management, will retire from the SEC at the end of September. Mr. Scheidt has led the Division’s Chief Counsel’s Office for over 21 years.  During his tenure, Mr. Scheidt has provided legal and policy guidance for the $82 trillion asset management industry on a wide variety of matters, with a focus on regulatory compliance and the duties of fund directors and investment advisers, including valuation, distribution, fiduciary duty, fund governance, affiliated transactions and portfolio management, under the Investment Company Act and the Investment Advisers Act.  He has provided critical counsel and assistance on numerous SEC rulemakings, technical assistance to Congress on legislation, and has managed the Division’s international program and its dealings with foreign regulators.  He also directed the Division’s responses toread more »

Your IMF Update: Press Release - Sri Lanka

20 Apr 09:12 | Business

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

Anti-Incumbent Sentiment Similar to 2010 and 2014 Elections

19 Apr 18:27 | Business

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Anti-Incumbent Sentiment Similar to 2010 and 2014 Elections

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Federal Reserve Board issues enforcement action with Hua Nan Commercial Bank Limited and Hua Nan Commercial Bank Limited New York Agency

19 Apr 17:30 | Business

Federal Reserve Board issues enforcement action with Hua Nan Commercial Bank Limited and Hua Nan Commercial Bank Limited New York Agencyread more »

Your IMF Update: IMF Policy Paper

19 Apr 14:42 | Business

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

Your IMF Update: IMF Policy Paper

19 Apr 14:42 | Business

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

Your IMF Update: Transcript

19 Apr 14:13 | Business

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

Your IMF Update: Press Release - Oman

19 Apr 11:42 | Business

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

How Many People Globally Lack Access to Financial Services?

19 Apr 11:36 | Business

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How Many People Globally Lack Access to Financial Services?

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Your IMF Update: Press Release - Republic of Congo

19 Apr 11:27 | Business

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

Global Findex: Technology Can Bridge Financial Inclusion Gap

19 Apr 09:53 | Business

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Global Findex: Technology Can Bridge Financial Inclusion Gap

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Gross Domestic Product by Industry, 4th quarter 2017 and annual 2017 (advance estimate)

19 Apr 08:30 | Business

Durable goods manufacturing; construction; and professional, scientific, and technical services were the leading contributors to the increase in U.S. economic growth in the fourth quarter of 2017. According to gross domestic product (GDP) by industry statistics released by the Bureau of Economic Analysis, 16 of 22 industry groups contributed to the overall 2.9 percent increase in real GDP in the fourth quarter. Full Textread more »

SEC Proposes to Enhance Protections and Preserve Choice for Retail Investors in Their Relationships With Investment Professionals

18 Apr 17:55 | Business

The Securities and Exchange Commission today voted to propose a package of rulemakings and interpretations designed to enhance the quality and transparency of investors’ relationships with investment advisers and broker-dealers while preserving access to a variety of types of advice relationships and investment products. Under proposed Regulation Best Interest, a broker-dealer would be required to act in the best interest of a retail customer when making a recommendation of any securities transaction or investment strategy involving securities to a retail customer.  Regulation Best Interest is designed to make it clear that a broker-dealer may not put its financial interests ahead of the interests of a retail customer in making recommendations. In addition to the proposed enhancements to the standard of conduct for broker-dealers in Regulation Best Interest, the Commission proposed an interpretation to reaffirm and, in some cases, clarify the Commission’s views read more »

SEC Proposes to Enhance Protections and Preserve Choice for Retail Investors in Their Relationships With Investment Professionals

18 Apr 17:55 | Business

The Securities and Exchange Commission today voted to propose a package of rulemakings and interpretations designed to enhance the quality and transparency of investors’ relationships with investment advisers and broker-dealers while preserving access to a variety of types of advice relationships and investment products. Under proposed Regulation Best Interest, a broker-dealer would be required to act in the best interest of a retail customer when making a recommendation of any securities transaction or investment strategy involving securities to a retail customer.  Regulation Best Interest is designed to make it clear that a broker-dealer may not put its financial interests ahead of the interests of a retail customer in making recommendations. In addition to the proposed enhancements to the standard of conduct for broker-dealers in Regulation Best Interest, the Commission proposed an interpretation to reaffirm and, in some cases, clarify the Commission’s views of thread more »

Your IMF Update: Transcript

18 Apr 17:12 | Business

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

In the News: Barbara Bush

18 Apr 16:24 | Business

The Latest From Gallup News

In the News: Barbara Bush

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Your IMF Update: Transcript

18 Apr 15:42 | Business

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

Your IMF Update: Press Release - Cabo Verde

18 Apr 14:57 | Business

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

Snapshot: U.S. Congressional Job Approval at 18%

18 Apr 12:31 | Business

The Latest From Gallup News

Snapshot: U.S. Congressional Job Approval at 18%

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Your IMF Update: Press Release - Angola

18 Apr 10:12 | Business

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

39 Organizations Create Exceptional Workplaces

18 Apr 09:27 | Business

The Latest From Gallup News

39 Organizations Create Exceptional Workplaces

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Our National and Moral Responsibility to Young People

18 Apr 04:36 | Business

The Latest From Gallup News

Our National and Moral Responsibility to Young People

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One in Four Americans Feel U.S. Children Are Not Respected

18 Apr 02:27 | Business

The Latest From Gallup News

One in Four Americans Feel U.S. Children Are Not Respected

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How Managers Can Help Teams Focus on the Work That Matters

18 Apr 01:36 | Business

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How Managers Can Help Teams Focus on the Work That Matters

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

18 Apr 00:06 | Business

Industrial production and capacity utilization data for March 2018 are now available.Industrial production rose 0.5 percent in March after increasing 1.0 percent in February; the index advanced 4.5 percent at an annual rate for the first quarter as a whole. After having climbed 1.5 percent in February, manufacturing production edged up 0.1 percent in March. Mining output rose 1.0 percent, mostly as a result of gains in oil and gas extraction and in support activities for mining. The index for utilities jumped 3.0 percent after being suppressed in February by warmer-than-normal temperatures. At 107.2 percent of its 2012 average, total industrial production was 4.3 percent higher in March than it was a year earlier. Capacity utilization for the industrial sector moved up 0.3 percentage point in March to 78.0 percent, a rate that is 1.8 percentage points below its long-run (1972-2017) average.Tread more »

Your IMF Update: IMF Policy Paper

17 Apr 17:47 | Business

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

Your IMF Update: Press Release

17 Apr 17:42 | Business

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

Your IMF Update: Transcript

17 Apr 16:42 | Business

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

Fee Rate Advisory #3 for Fiscal Year 2018

17 Apr 14:25 | Business

The Securities and Exchange Commission today announced that starting on May 22, 2018, the fee rates applicable to most securities transactions will be set at $13.00 per million dollars.   Consequently, each SRO will continue to pay the Commission a rate of $23.10 per million for covered sales occurring on charge dates through May 21, 2018, and a rate of $13.00 per million for covered sales occurring on charge dates on or after May 22, 2018.   The reduction in the fee rate for fiscal year 2018 is due, in part, to the substantially higher dollar amount of covered sales in recent months.  The Commission notes that if the dollar amount of covered sales deviates from current levels when the fee rate is next adjusted, a large reduction or increase in the fee rate may again be required; this is especially so if the next adjustment occurs later in the next fiscal year.   For more information on the term “charge date,” please refer to Rule 31(a)(3) and Exchange Act Reread more »

Your IMF Update: World Economic Outlook Report

17 Apr 09:47 | Business

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

Guns Fall From Record High as Top Problem

17 Apr 04:14 | Business

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Guns Fall From Record High as Top Problem

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Your IMF Update: Mission Concluding Statement - New Zealand

16 Apr 20:57 | Business

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

Slim Majority Now Says U.S. Middle Class Pays Fair Tax Share

16 Apr 16:49 | Business

The Latest From Gallup News

Slim Majority Now Says U.S. Middle Class Pays Fair Tax Share

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Federal Reserve Board announces approval of application by JN Bank Limited

16 Apr 14:30 | Business

Federal Reserve Board announces approval of application by JN Bank Limitedread more »

Your IMF Update: Press Release - Georgia

16 Apr 12:14 | Business

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

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