Tag: Economic Indicators

© Reuters. FILE PHOTO: Federal Reserve Board building is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis By Howard Schneider WASHINGTON (Reuters) -A period of high inflation in the United States may last longer than anticipated, two U.S. Federal Reserve officials said on Wednesday, prompting one to pull forward his views on when the…

Cost pressures on UK firms have gone up at a record level, suggesting that the current surge in consumer prices may be more than just a blip.A closely watched survey, produced by IHS Markit/CIPS, showed input costs rose at the fastest rate for 13 years.And inflation of prices charged by firms hit its highest since…

NEW YORK, June 23, 2021 /PRNewswire/ — Aircall, a cloud-based voice platform helping companies across the globe manage millions of customer support and sales calls every day, today announced it has raised $120 million in a Series D funding round, bringing the company’s total valuation to more than $1 billion. The funding round was led…

© Reuters. FILE PHOTO: Federal Reserve Board building is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell on Tuesday reaffirmed the U.S. central bank’s intent to encourage a “broad and inclusive” recovery of the job market, and not to raise…

Brady Corporation (BRC) – Get Report (“Brady”) today completed the acquisition of The Code Corporation (“Code” or the “Company”) for approximately $173 million. Brady will fund the transaction with cash on hand and borrowings on its existing revolving line of credit. Code has forecasted sales of nearly $50 million for Brady’s first full fiscal year…

By Ank Kuipers and Brian Ellsworth PARAMARIBO/CARACAS (Reuters) – Suriname on Tuesday said creditors were taking a “confrontational attitude” toward debt restructuring talks after bondholders rolled back a deal to delay payments, escalating a dispute between investors and the small South American nation. A creditor committee, which includes Franklin Templeton, Eaton Vance (NYSE:EV) and Greylock…

© Reuters. FILE PHOTO: Children are greeted on their first day of pre-school, as New York City pre-school students began in-person school following the outbreak of the coronavirus disease (COVID-19) in the Queens borough of New York City, U.S., September 21, 2020. R WASHINGTON (Reuters) – The Biden administration expects the start of child tax…

2/2 © Reuters. FILE PHOTO: A screen displays a chart that tracks the Dow Jones Industrial Average on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. REUTERS/Brendan McDermid/File Photo 2/2 By Dhara Ranasinghe LONDON (Reuters) -The 2020s have only just begun but there is already a rush…

NEW YORK, June 10, 2021 /PRNewswire/ — The Specialty Food Association (SFA) has released its annual State of the Specialty Food Industry Report, revealing that the specialty food market reached total sales of $170.4 billion in 2020, a 13 percent increase since 2018. Specialty food sales, specifically, grew 24 percent at retail from 2018-2020, and…

The Wednesday Market MinuteGlobal stocks edge lower in muted trading as rangebound markets discount inflation signals ahead of tomorrow’s key May CPI reading.China PPI surges to a 12-year high in May as raw materials costs boost factory gate prices. U.S. crude prices extend gains, following the first close over $70 a barrel since 2018, as the…