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San Francisco Fed President, Mary Daly, recently said that the U.S. central bankers are currently debating whether it should confine its controversial tool of bond buying to purely emergency situations or if it should turn to that tool more regularly. "In the financial crisis, in the aftermath...
Overview: Comments underscoring the importance of acting preemptively by two Fed officials sent the dollar reeling and helped lift equities after the S&P fell to a two and a half week low. The decline in rates and the US shooting down of an Iranian drone in the Gulf helped spur gold to n...
By David Baskin As we enter the 3rd quarter of 2019, the U.S. economy is continuing its longest uninterrupted expansion since the start of records (effectively about 150 years). When things are going well, we can't help ourselves from asking when they will start getting worse. History and ...
By Ansh Chaudhary Up until three weeks ago, bitcoin was flying high, quadrupling in value in just months. Trading around $3,000 in December, the cryptocurrency rallied to above $13,000 as recently as a week ago, according to The Wall Street Journal . CNBC reports that some attribute th...
By Ben Lofthouse Despite worries about a global economic slowdown during the first half of 2019, many companies still paid – and even raised – dividends. Can it continue? Ben Lofthouse, Head of Global Equity Income, says one indicator he is watching is unemployment. ...
The stock market in the US is at record levels once again. The latest rally that came in the wake of the June meeting of the US Federal Reserve when the central bank lit a bullish fuse under the prices of equities. The FOMC told markets that they plan to cut the short-term Fed Funds rate befor...
It's been a slow turnin' From the inside out A slow turnin' But you come about Slow learnin' But you learn to sway A slow turnin' baby Not fade away Now I'm in my car I got the radio on I'm yellin' at the kids in the back 'Cause they're bangin' like Charlie Watts ...
By Robert Hughes Retail sales and food-services spending increased 0.4 percent in June following a 0.4 percent gain in May. Excluding gasoline station sales, retail sales and food services were up 0.7 percent in June after a gain of 0.5 percent in May. Over the past year, total retail sale...
By Jill Mislinski Here is the opening statement from the Department of Labor: In the week ending July 13, the advance figure for seasonally adjusted initial claims was 216,000, an increase of 8,000 from the previous week's revised level. The previous week's level was revised down by 1,0...
In the weekly AAII investor survey, bullish sentiment is the predominant sentiment reading for the first time since early May. Rising for the sixth week in a row, bullish sentiment now rests at 35.93%, the highest since May 9 th when it was 43.12%. Bullish sentiment has slowly recovered f...
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EASTPLATS PROVIDES BI-WEEKLY DEFAULT STATUS REPORT Canada NewsWire Trading Symbol: ELR (TSX); EPS (JSE) VANCOUVER, BC , April 17, 2024 /CNW/ - Eastern Platinum Limited (" Eastplats " or the " Company ") is providing this bi-weekly default status ...
EASTPLATS ANNOUNCES LATE FILING OF ANNUAL FINANCIAL STATEMENTS, ANNUAL INFORMATION FORM AND MANAGEMENT CEASE TRADE ORDER Canada NewsWire Trading Symbol: ELR (TSX); EPS (JSE) VANCOUVER, BC , April 4, 2024 /CNW/ - Eastern Platinum Limited (" Eastplats ...
EASTERN PLATINUM LIMITED ANNOUNCES ANTICIPATED LATE FILING OF ANNUAL FINANCIAL STATEMENTS Canada NewsWire VANCOUVER, BC , March 18, 2024 /CNW/ - Eastern Platinum Limited (TSX: ELR) (JSE: EPS) (" Eastplats " or the " Company ") provides this default announ...