The number of job openings in the U.S. increased in December last year, contrary to market expectations, reaching the highest level in three months. On the other hand, the number of people leaving their jobs has decreased, suggesting that workers are becoming more cautious despite the fact that demand for labor remains strong. Key Point … Read more
S&P Global announced on the 24th that the preliminary Purchasing Managers Index (PMI) for January, which combines the US manufacturing and service industries, was the highest in seven months. Order growth has become more robust, giving companies more confidence in the demand outlook. Key Point Composite PMI preliminary value rose to 52.3 The median forecast … Read more
Bad and bad for Cristiano Ronaldo at the beginning of 2024, since the Al-Nassr forward not only lost The Best award to Messi, leaving him out of the leaders, but in Asia they also won the trophy, although there is a peculiarity in this area. This second trophy that CR7 cannot win awards the Best … Read more
Federal Reserve Board Director David Bowman said on Wednesday that the controversial proposed increase in capital requirements for major banks would require “substantial changes” and that the U.S. central bank would not accept any amendments. He pointed out that he should seek comment on the matter. These moves may delay the final decision on the … Read more
U.S. inflation is likely to slow further this year, ending the year near the Federal Reserve’s 2% target. This is because the effects of the economic turmoil caused by the coronavirus pandemic are expected to further fade, and prices of some goods are expected to decline. The trend of slowing inflation is steadily pushing the … Read more
In your article “I want to access my 401(k) sooner. Is a loan the only way? you wrote that hardship distributions were “…available only if the participant has an “immediate and significant financial need” and that the distribution cannot exceed the amount “necessary to satisfy the financial need.” Cher Kent, There is some definition of … Read more
The U.S. financial authorities are trying to determine the right time to start considering how to step back from shrinking the company’s balance sheet. This suggests that the end may be closer than previously expected. Minutes from last month’s Federal Open Market Committee (FOMC) meeting discussed technical factors that will determine when to slow the … Read more
The United Kingdom introduces new tax aid for national producers of film, television content and video games at the beginning of 2024, as announced by the British Ministry of the Economy. Starting January 1, these types of productions will receive greater tax credits, as well as “greater flexibility in production decisions and more transparency about … Read more
A lawyer appealed the decision of a judge who, when settling his fees in a process, applied the passive rate of interest, under the terms of art. 61 of law 21839. For the lawyer, such a decision implied “abstracting from the reality of the country,” by not covering the value of the devaluation of the … Read more
While Wall Street is buoyed by expectations for a 2024 US interest rate cut, the real world is still far from over the effects of monetary tightening. Over the past two years, the central bank has been aggressively tightening in an effort to curb inflation. That will raise borrowing costs for businesses and consumers, which … Read more