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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
* 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.
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.
* 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.
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.
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.
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.
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.
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.