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TREASURY

Unemployment Benefits Become Target Amid Hiring Difficulty

A lackluster jobs report Friday added fuel to efforts in Florida and elsewhere to reduce access to unemployment benefits that some state and industry leaders say have kept people from returning to the workforce.The country is in a striking predicament, with millions unemployed and businesses that can’t find enough people to hire at current wages.

msn.com ,  8h 0
Unemployment Benefits Become Target Amid Hiring Difficulty

640 more postmasters in Post Office IT scandal are set to have their convictions quashed

The Post Office has paved the way for 640 more postmasters who may have been wrongly prosecuted in the IT scandal to have their convictions quashed..Three Court of Appeal judges castigated the Government-owned Post Office last month for hounding its own staff before squandering public money trying to cover up the scandal.

dailymail.co.uk ,  11h 6
640 more postmasters in Post Office IT scandal are set to have their convictions quashed

Yellen says measures to avoid default could run out by summer

Treasury Secretary Janet Yellen said Friday that the department may run out of ways to prevent a default this summer if the president and Congress fail to reach a deal to raise the legal limit on the national debt.The so-called debt ceiling was suspended in 2019 for two years and is set to kick back in on July 31.

msn.com ,  15h 0
Yellen says measures to avoid default could run out by summer

US inflation fears mount as the Fed 'monetises' Joe Biden's deficits

US central bank was slow to realise that deflation had turned to reflation after Second World War and is set to make the same mistake The US Federal Reserve and Treasury are repeating one of the most disturbing episodes of the 1940s and risk stoking a destructive inflationary boom, a leading monetary watchdog has warned.

telegraph.co.uk ,  18h 0
US inflation fears mount as the Fed 'monetises' Joe Biden's deficits

BlackRock World Mining Trust Plc - Issue of Equity

BlackRock World Mining Trust plc (“Company”) Issue of Equity The Company announces that 200,000 Ordinary Shares of 5p each were today sold by the Company from the shares held in Treasury at a price of 673.00 pence per share which represented a premium to net asset value.

prnewswire.co.uk ,  20h 0
BlackRock World Mining Trust Plc - Issue of Equity

CANADA STOCKS-TSX gains on strength in material shares

May 7 (Reuters) - Canada's main stock index rose on Friday, boosted by material stocks after gold prices gained, although a fall in energy stocks limited gains.* Gold prices extended gains after breaching the key $1,800 level in the previous session, boosted by a weaker dollar and lower Treasury yields.

mobile.reuters.com ,  20h 0
CANADA STOCKS-TSX gains on strength in material shares

Public finances 'acute concern' for businesses

The rebalancing of public finances is an "acute concern" for the business community on the Isle of Man, the Chamber of Commerce has said.Chamber President Caren Pegg said the coronavirus pandemic had "only exacerbated" the situation.The impact of the virus has cost the government more than £200m.

msn.com ,  21h 0
Public finances 'acute concern' for businesses

U.S. Job Growth Disappoints in Challenge to Economic Recovery

U.S. job growth significantly undershot forecasts in April, suggesting that difficulty attracting workers is slowing momentum in the labor market and challenging the economic recovery.Payrolls rose 266,000 from a month earlier, according to a Labor Department report Friday that represented one of the largest downside misses on record.

msn.com ,  22h 0
U.S. Job Growth Disappoints in Challenge to Economic Recovery

BlackRock Greater Europe Investment Trust Plc - Net Asset Value(s)

NET ASSET VALUE BLACKROCK GREATER EUROPE INVESTMENT TRUST PLC 5493003R8FJ6I76ZUW55 The unaudited net asset values for BlackRock Greater Europe Investment Trust PLC at close of business on 6 May 2021 were: 573.16p Capital only (undiluted) 573.16p Capital only (Diluted for treasury shares) 574.26p Including current year income (undiluted) XD 574.26p Including current year income (Diluted for treasury shares) XD Notes: 1.

prnewswire.co.uk ,  1d 0
BlackRock Greater Europe Investment Trust Plc - Net Asset Value(s)

David Cameron will be grilled by MPs next week over the Greensill lobbying row

David Cameron will be grilled by MPs next week over his lobbying of ministers on behalf of Greensill Capital.Lex Greensill, the finance firm's boss, will appear before the Treasury committee on Tuesday followed by the former prime minister on Thursday.Prior to this, MPs will publish written submissions about the row from the pair, Chancellor Rishi Sunak and Bank of England governor Andrew Bailey.

dailymail.co.uk ,  1d 1
David Cameron will be grilled by MPs next week over the Greensill lobbying row

PRECIOUS-Gold eyes best week in 6 months on lower dollar, Treasury yields

* U.S. April jobs data due at 8:30 am EST * Silver eyes best week in three months * Spot gold may test resistance at $1,830/oz - Reuters analyst (Recasts, adds quote, updates prices) By Sethuraman N R May 7 (Reuters) - Gold prices rose on Friday after breaching the key $1,800 level in the previous session, boosted by a weaker dollar and lower Treasury yields, while investors awaited U.S. non-farm payrolls data due later in the day.

mobile.reuters.com ,  1d 0
PRECIOUS-Gold eyes best week in 6 months on lower dollar, Treasury yields

Greensill inquiry: David Cameron and founder to give evidence to MPs

David Cameron and Lex Greensill, founder of the now-collapsed finance firm for which Cameron was an adviser, are both to give evidence before MPs next week, it has been announced.The Treasury committee, which has launched an inquiry into lessons that can be learned from the firm’s demise and its role working with government, is to hear from Cameron on Thursday afternoon, it said.

theguardian.com ,  1d 0
Greensill inquiry: David Cameron and founder to give evidence to MPs

Euro zone bonds steady ahead of U.S. payrolls

* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr May 7 (Reuters) - Euro zone bond yields were broadly unchanged on Friday as traders awaited employment data out of the United States for further clues about the economic recovery from the coronavirus pandemic.U.S. non-farm payrolls data will be released at 1230 GMT, which a Reuters poll suggests will show that nearly 1 million jobs were added to the economy in April.

mobile.reuters.com ,  1d 0
Euro zone bonds steady ahead of U.S. payrolls

How the Bank of England plans to wind down support without scuppering the recovery

Slowing the pace of bond-buying is tricky as markets have reacted badly in the past, but the economic recovery means it must happen Most of us have had a vaccine, shops are open and the economy is set for an enormous rebound.GDP is expected to surge by 7.25pc this year, the Bank of England predicts - the biggest growth spurt since 1941, when wartime production to battle the Axis powers sent output through the roof.

telegraph.co.uk ,  1d 1
How the Bank of England plans to wind down support without scuppering the recovery

Treasury sell off in February highlights ongoing liquidity risk -Fed

A bruising bond market sell-off earlier this year appears to remain high on the minds of Federal Reserve officials, who in a report on Thursday singled out the event as illustrative of continuing liquidity issues in the $21 trillion U.S. Treasury market.The Feb. 25 drubbing followed a historically poor auction of 7-year Treasury notes and sent yields surging as market liquidity evaporated in minutes.

reuters.com ,  1d 0
Treasury sell off in February highlights ongoing liquidity risk -Fed

WaPo reporter: Treasury continuing recovery plan amid complaints of labor shortage, inflation

Jeffrey Stein, White House economic reporter for The Washington Post, said Thursday that while the Treasury Department is aware of reports of a potential labor shortage and inflation, officials do not believe they currently represent major problems that require policy responses."There's really, at least so far, no macro data to support these anecdotes, and normally, if we really were seeing tight labor markets to the extent that would maybe require policy response, you would see very fast wage growth at the bottom of the income distribution," Stein explained.

msn.com ,  1d 0
WaPo reporter: Treasury continuing recovery plan amid complaints of labor shortage, inflation

The Treasury may use ticket pricing to discourage working from home

COMMUTING BY RAIL has rarely been so pleasant.The days of overcrowded, often late-running peak services seem long gone.With many people still working from home, commuters are now almost guaranteed a seat, and fewer passengers mean fewer delays.Last month half of Britain’s trains arrived ahead of schedule.

economist.com ,  1d 0
The Treasury may use ticket pricing to discourage working from home

Carnival PLC - Carnival Plc - Voting Rights and Capital

CARNIVAL PLC - VOTING RIGHTS AND CAPITAL In accordance with the FCA’s Disclosure and Transparency Rules, at 9:00 a.m. Eastern Time on 30 April 2021 Carnival plc had 217,355,669 issued ordinary shares of US $1.66 each admitted to trading.Carnival plc holds 33,304,570 ordinary shares in Treasury.

prnewswire.co.uk ,  1d 0
Carnival PLC - Carnival Plc - Voting Rights and Capital