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Orders for manufactured goods rose 0.4% in April, the Commerce Department said Monday. It is the fourth increase in factory-goods orders in the past five months. Economists surveyed by the Wall Street Journal were expecting a 0.6% rise. The gain was led by transportation equipment. Excluding that sector, orders were…

© Reuters. FILE PHOTO: People walk in front of a Lojas Americanas store in Brasilia, Brazil January 12, 2023. REUTERS/Ueslei Marcelino SAO PAULO (Reuters) – Brazil’s securities regulator has accused two former CEOs of retailer Americanas of failing to comply with information disclosure requirements following an investigation into the firm’s…

Investing.com – and are registering rises of between 1% and 1.5% this Monday with OPEC+ extending its agreement on crude supply restrictions through 2024 and Saudi Arabia announcing production cuts of 1 million barrels per day (bpd) to a total of 9 million bpd. In what can be considered the…

Investing.com – The U.S. dollar slipped lower in early European trade Friday, adding to the previous session’s sharp losses after the U.S. Congress approved the debt ceiling bill, while traders awaited the widely watched monthly payrolls release. At 02:55 ET (06:55 GMT), the , which tracks the greenback against a…

By Kanishka Singh and Nandita Bose WASHINGTON (Reuters) – The Chinese government will seek to initiate artificial intelligence regulations in its country, billionaire Elon Musk said on Monday after meeting with officials during his recent trip to China. Musk did not elaborate further and made his remarks in a Twitter…

Banks are tightening credit standards for business loans, according to the Federal Reserve’s quarterly survey of senior lending officers. That true for large and medium-sized banks (shown in the chart above) as well as for small banks. The interest rates on business loans are rising relative to the banks’ cost…

The only constant in life is change – and the US is a country with change built into its DNA. As technology expands and reshapes our economy, it’s time for our social contract to evolve with it. Artificial Intelligence is the latest platform shift that promises to radically alter our…

Let’s face it: yields on Treasuries and “regular” stocks are still pathetic! We need much bigger payouts (I’m talking yields of 7%+ here) to fund our lifestyles in these inflation-weary times. Trouble is, most of us have been conditioned by the media and Wall Street to believe that all yields…

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