Economic News and Analysis
BOSTON, May 17, 2024 /PRNewswire/ - The John Hancock Closed-End Funds listed in the table below announced earnings1 for the three months ended April 30, 2024. The same data for the comparable three-month period ended April...
Today, we stand at a pivotal moment for District 9. A moment that underscores the incredible resilience and potential of our community. Miami-Dade County Commissioner Kionne L. McGhee is leading the charge to transform one...
The Conference Board Leading Economic Index® (LEI) for the U.S. decreased by 0.6 percent in April 2024 to 101.8 (2016=100), after decreasing by 0.3 percent in March. Over the six-month period between October 2023 and April...
Trimble Inc. (NASDAQ: TRMB) (the "Company") today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC ("Nasdaq") on May 16, 2024 (the...
While the national "functional unemployment" rate remained unchanged from March to April, the share of Black workers in poverty-wage jobs declined, narrowing the racial employment gap, according to the monthly True Rate of...
The Committee for Economic Development (CED), the public policy center of The Conference Board, has issued a new Solutions Brief, The Role of Markets in Reaching Net Zero. It offers recommendations to achieve net zero by...
TORONTO, May 16, 2024 /PRNewswire/ - Nicolas Richard, President and Chief Executive Officer, Desjardins Global Asset Management, Frédérick Tremblay, Managing Director and Head of Investment Solutions, Desjardins...
International Paper released its?2023 Sustainability Report, which illustrates the progress made on our Vision 2030 goals and outlines our commitment to building a better future for people, the planet and our company.
U.S. commercial gaming revenue reached a quarterly record of $17.67 billion in Q1 2024, the industry's 13th consecutive quarter of growth, according to the American Gaming Association's (AGA) Commercial Gaming...
Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc."), an audience-driven technology company empowering the automotive industry, today launched its April Industry Insights Report. Crafted by an expert team of Cars...
Hisense, the global consumer electronics and appliances corporation, has been named in Fortune China's ESG Influential Listing for the third consecutive year for its outstanding efforts in environment improvement,...
Arab Palestinian Investment Company (APIC) convened its ordinary general assembly on Wednesday, May 15, 2024, in Ramallah, Palestine. The meeting, which was chaired by APIC Chairman and CEO Tarek Aggad, was attended by...
Enfinity Global Inc., a leader in renewable energy, today announced that it has signed $135 million in financing for the development and construction of 1.2 GW of solar and wind projects in India. The financing is being...
As the nation continues to emerge from the recession brought on by the 2020 COVID-19 pandemic, a new report on youth employment, Uneven Recovery and Sustained Inequality after the COVID-19 Recession: Employment for...
TORONTO, May 15, 2024 /PRNewswire/ - Frank Gleeson Co-Founder and Chief Executive Officer, Satellos Bioscience Inc. (TSX: MSCL) ("Satellos" or the "Company"), and his team joined Dani Lipkin, Managing Director, Global...
The extra amount of money that people facing hunger said they need to have enough food reached its highest point in the last 20 years, according to Feeding America's annual Map the Meal Gap study. People facing hunger...
McKinsey & Company today released its 2023 ESG Report, "Accelerating sustainable and inclusive growth for all." The report describes how McKinsey has partnered with its clients, colleagues, and communities to drive...
The Internal Revenue Service (IRS) is fiercely committed to uncovering instances of tax fraud. They regularly develop new strategies to enhance their enforcement efforts and protect the integrity of the tax system.
TORONTO, May 14, 2024 /PRNewswire/ - Panda Hub announce a $1 million round of seed funding, angel investors and expansion into new markets, offering their services to millions of new potential customers.
TORONTO, May 14, 2024 /PRNewswire/ - Bond was recognized for its industry-leading performance, its global business practices, and its sustained growth by receiving the prestigious 2024 Best Managed Companies award.
TORONTO, May 14, 2024 /PRNewswire/ - Canada's Best Managed Companies co-leaders, Lorrie King and Derrick Dempster, alongside their team members, sponsors, and program winners, joined David Chelich, Sector Head,...
Germany attracted 34.8 billion euros worth of international business projects in 2023 – that's the result of Germany Trade & Invest's (GTAI) annual FDI study. The figure includes both greenfields and...
Sphaira Innovation, a not-for-profit harnessing the power of people and technology to make positive change, has acquired video games market insights specialist Playmob.
The company joins the prestigious list of Canada's Best Managed Companies for a second year.
The GEP Global Supply Chain Volatility Index - a leading indicator tracking demand conditions, shortages, transportation costs, inventories and backlogs based on a monthly survey of 27,000 businesses - rose in April to...
The World Platinum Investment Council - WPIC® - today publishes its Platinum Quarterly for the first quarter of 2024 and a revised full year 2024 forecast.
Associates of Cape Cod Inc. (ACC), a Seikagaku Group Company, is marking 50 years of innovation and safeguarding public health with a new brand identity, embodying the company's enduring legacy and forward-looking...
Buyers awaiting more selection have had their wish granted in 2024. New listings increased 14.7% in April 2024 and year-to-date have increased 4.4% compared to the number of new listings coming onto the market in the same...
India has remained a steady ship in choppy waters says DSP Asset Managers in the May 2024 edition of its report #DSP7Sees which highlights compelling historical and contemporary facts shaping the Indian market. The report...
T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.48 trillion as of April 30, 2024. Preliminary net outflows for April 2024 were $7.8 billion.
This decision is reflective of Darren's confidence in the financial health of TELUS, the consistent and long-term strategy the company is delivering and the skill of the TELUS team
New technologies and the tech companies behind them are now widely accused of creating a myriad of problems. But a new book by two leading experts on technology and innovation reveals the charges are mostly myths,...
S&P Global Commodity Insights has raised its 10-year oil sands production outlook for the second consecutive year. The updated forecast expects Canadian oil sands production to reach 3.8 million barrels per day (mbd)...
Gerald R. Ford International Airport Authority, in partnership with Grand Valley State University, unveiled its new economic impact study.
The Conference Board Measure of CEO Confidence™ in collaboration with The Business Council rose to 54 in Q2 2024, up from 53 in the previous quarter. This marks the second consecutive quarter in which the Measure is above...
Southwest Airlines Co. (NYSE: LUV) today launches its annual corporate citizenship reports, the One Report and the Diversity, Equity, and Inclusion (DEI) Report, highlighting the carrier's work across its corporate...
After China's economy mounted an impressive start to the year, global attention has now shifted to what China plans to do to sustain the great momentum in the recovery of the world's second-largest economy for the...
Miami International Holdings, Inc. (MIH), a technology-driven leader in building and operating regulated financial markets across multiple asset classes and geographies, today reported April 2024 trading results for its...
Today, John Gardner, Vice President, Public Policy at the Committee for Economic Development (CED), the public policy center of The Conference Board, released the following statement:
Today, Deloitte released the second edition of the Financing the Green Energy Transition report, which details how society can reduce the cost of capital by mobilizing de-risking instruments and innovative financing...
Wine & Spirits Wholesalers of America (WSWA)'s SipSource, the only source for verified wine and spirits distributor depletion data that covers sales to hundreds of thousands of retailers across the country,...
In an interview with Xinhuanet on May 5, Huang Changgeng, the chairman of Xiamen Tungsten Co., Ltd. (XTC), revealed details of the company's joint venture with the French Orano Group. Huang stated that the partnership...
According to the newest Sandhills Global market reports covering aircraft in Sandhills marketplaces, inventory levels increased across most categories, including jets, piston single aircraft, and turboprop aircraft. Asking...
TORONTO, May 7, 2024 /PRNewswire/ - Robert Colelli and Steven Gobbatto, Co-Chairs of Team Revolution, along with Sandra Sualim, President and Chief Executive Officer of Humber River Health Foundation, joined Richard Rohan,...
Mars, Inc., has announced the launch of an ambitious sustainable dairy plan that will be backed by a $47m investment over three years - a significant financial backing that is part of the multinational's broader...
The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) was unchanged in April at 71.9 and is showing signs of once again plateauing as consumers continue to adjust to the higher interest rate and home price...
Rent prices have surged in recent years, and wages have not kept pace. While last year was a bright spot - wages grew faster than rents nationally and in almost half of major U.S. metro areas - the opposite was true in New...
The Great Resignation saw workers quit their jobs in droves-but many are now regretting it. A new survey of US workers reveals those who changed jobs since the pandemic are significantly less satisfied with their jobs than...
The Conference Board Employment Trends Index™ (ETI) decreased in April to 111.25, from a downwardly revised 112.16 in March. The Employment Trends Index is a leading composite index for employment. When the Index...
The Denver region was ranked as the national leader for living-wage jobs, while two Texas markets posted worrisome "functional unemployment" rates of well over 30%, according to a new Ludwig Institute for Shared Economic...
TORONTO, May 3, 2024 /PRNewswire/ - Michael Kovacs, Chief Executive Officer, Harvest ETFs, Harvest Portfolios Group Inc., and his team joined Keith Wu, Head, Exchange Traded Products, Toronto Stock Exchange (TSX), to open...
Addverb, a global leader in robotics and automation, releases its first Sustainability Report titled 'Technological Ecology'. The report is produced in accordance with GRI Universal Standards and incorporates...
Hawaiian Airlines today published its annual Corporate Kuleana (Responsibility) Report highlighting Environmental, Social and Governance (ESG) initiatives to fly and grow more sustainably.
Rents declined in March for the eighth consecutive month, with year-over-year prices dropping by -0.3% and declines seen across all unit sizes, according to the Realtor.com® Rental Report released today. Even so, the...
TORONTO, May 2, 2024 /PRNewswire/ - David Bibby, President and Chief Executive Officer, Hypercharge Networks Corp. (the "Company" or "Hypercharge") (TSXV: HC), and his team joined Robert Peterman, Chief Commercial Officer,...
Sphera, a leading global provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services, today announced significant updates to its Advanced Risk Assessment...
BOSTON, May 1, 2024 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows:
Fifty-eight percent of bankers would take action to reduce costs or increase revenue elsewhere even if exempt under a new regulatory proposal to restrict overdraft fees, according to a survey of nearly 500 financial...
Among American parents saving for their children's college education, 95% expect to cover more than half of the cost for their children. While about one in three (36%) say they will pay for the full cost, two in three...
LightBox, a leading provider of commercial real estate (CRE) information and technology, released its first quarter CRE Activity Index, which highlights a modest uptick in deal activity from the previous quarter's low...
Today, Bechtel, the engineering, procurement, and construction company under contract to help complete construction on Plant Vogtle Units 3 and 4 in Waynesboro, Georgia, congratulates Georgia Power and Southern Nuclear on...
The Mohammed Bin Salman Foundation "Misk" has entered into a framework agreement with the Bill & Melinda Gates Foundation to support and enhance youth engagement in the non-profit sector within the Kingdom, and to...
DuPont (NYSE: DD) today published its 2024 Sustainability Report detailing the progress made toward achieving its 2030 Sustainability Goals.
VantageScore, a leading national credit-scoring and data insights company, today released its March 2024 CreditGauge, a monthly analysis highlighting the overall health of U.S. consumer credit. The average VantageScore 4.0...
LyondellBasell (LYB) has secured a location for an integrated plastic waste recycling hub south of an existing industrial park in Knapsack, Germany, signing a land lease agreement with YNCORIS GmbH & Co. KG. The hub is...
This is a report from China Daily:
Basware, a global leader in AP automation and invoice processing, has released its first Sustainability Report, outlining how it is helping customers reduce their carbon footprint and embrace sustainable practices.
PT. Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) announced a robust profit of IDR 15.98 trillion for the first quarter of 2024, despite challenging global economic and geopolitical conditions. At the financial...
The CRE Finance Council (CREFC), the industry association that exclusively represents the $5.9 trillion commercial and multifamily real estate finance industry, today released the results of its First-Quarter 2024 (1Q...
Webinar to Explore Five Key Food Trends from Both Sides of the Ocean: Join Us on May 2, 2024, at 11:00 a.m. EST
Key grocery food categories remained stubbornly high in Q1 2024 while select others dipped to new lows compared to the same period in 2023. Tapping into its rich, real-time Shopper Intelligence Platform, Catalina looked at...
A new AARP survey finds that 20% of adults ages 50+ have no retirement savings, and more than half (61%) are worried they will not have enough money to support them in retirement. The findings also reveal a decline in...
Cox Automotive forecasts a decline in April's U.S. new-vehicle sales compared to last year; however, the market remains on the road to recovery, with vehicle sales at a healthy pace. Cox Automotive confirms its...
Monolith, a global leader in low-emission carbon black and hydrogen manufacturing, today announced it has renewed an expanded partnership with École des Mines de Paris-PSL (Mines Paris) through February 2030 in support of...
Today, global management consultancy Kearney released its 11th annual Reshoring Index, a unique barometer tracking the extent to which America is reshoring manufacturing after decades of offshoring. This year's report,...
Fully online college and dedicated B Corporation, American College of Education? (ACE), has proudly released its annual Impact Report, showcasing its steadfast commitment to meeting high social and environmental...
Today, Prism Places, an innovative CRE management and investment firm, shares a milestone: its assets under management have surged to $2.5 billion in less than three years. Since launch in February 2021, Prism has quietly...
As the spring homebuying market heads into full swing and more sellers begin to enter the market, Veterans and service members are moving up their homebuying timelines, according to the Veteran...
A news report from China.org.cn on China's 2024 Q1 economic performance:
Stronger-than-expected economic and inflation data have pushed interest rates higher and financial markets to price in fewer Federal Reserve rate cuts this year, according to the April 2024 commentary from the Fannie Mae...
Earth Day has evolved into one of the world's largest civic events, uniting individuals, communities, and organizations in a collective effort to protect and preserve our planet. As a company deeply committed to...
Hon Hai Technology Group ("Foxconn") (TWSE:2317) announced its worldwide operations will run fully on green electricity by 2040 and has joined the global initiative RE100, in a milestone on Earth Day 2024 that adds the...
TORONTO, April 22, 2024 /PRNewswire/ - The explosion of Artificial Intelligence (AI) is expected to trigger a 10-year critical mineral supercycle, according to a new report. The Oregon Group predicts the massive energy...
Johnson Controls (NYSE: JCI), the global leader for smart, healthy, and sustainable buildings, today released its 2024 Sustainability Report, marking significant progress and unwavering focus on decarbonizing the built...
Dole Packaged Foods, LLC, teams up with Rais Case, a Southern California circular design brand, and Ananas Anam, creator of Piñatex®, to create a beautiful solution to organic waste, turning it into functional fashion....
Earth Day is an annual event that promotes awareness and education about environmental issues. In 2024, the theme for Earth Day is "Planet vs. Plastics", which highlights the urgent need to address the problem of plastic...
Since the inaugural Earth Day in 1970, April 22 has evolved into a significant event emphasizing public engagement and environmental stewardship. This day serves as a platform to enhance awareness of urgent sustainable...
The Conference Board, a leading non-profit think tank and business membership organization, has been named one of New York's Best Companies to Work for in 2024.
TORONTO, April 19, 2024 /PRNewswire/ - Connor, Clark & Lunn Infrastructure (CC&L Infrastructure) is pleased to announce that it has completed its previously announced acquisition of an 80% equity interest in the...
The Conference Board Leading Economic Index® (LEI) for the U.S. decreased by 0.3 percent in March 2024 to 102.4 (2016=100), after increasing by 0.2 percent in February. Over the six-month period between September 2023 and...
With AI revolutionizing the globe, various smart devices, software and application services have been launched, and business operating models restructured. As a world-leading provider of display technology and solutions,...
In a definitive study commissioned by the ALI Retirement Income Institute examining the economic impact of the greatest surge of retirement age Americans in U.S. history, the former Under Secretary of Commerce for Economic...
The American Financial Services Association (AFSA) today released its Consumer Credit Conditions (C3) Index, based on a survey of leading mortgage, vehicle finance, personal installment, and credit card providers....
Owing largely to rising prices and stagnant wage growth during Q1 2024, American workers saw the biggest drop in median earnings in three years - and although the percentage of living-wage jobs in the workforce rebounded...
TORONTO, April 17, 2024 /PRNewswire/ - Mattamy Group Corporation ("Mattamy"), the largest privately owned homebuilder in North America, today announced key operating results for the third quarter ended February 29, 2024...
Single-family home prices increased 7.4 percent from Q1 2023 to Q1 2024, up from the previous quarter's revised annual growth rate of 6.6 percent, according to Fannie Mae's (OTCQB: FNMA) latest Home Price Index...
A survey by the TIAA Institute and the Global Financial Literacy Excellence Center (GFLEC) connects people's confidence in their retirement plans to a new benchmark called "Retirement FluencySM," which measures how...
VANCOUVER, BC, April 16, 2024 /PRNewswire/ - April 17, 2024 – Sydney, Australia
The Committee for Economic Development (CED), the public policy center of The Conference Board, has issued a new Solutions Brief, Future-Proofing the Workforce for the AI Era. It offers solutions for business and policy...
