Yoshihid Suga spoke at a press conference in Tokyo, Japan on September 16, 2020, after being confirmed as Prime Minister of Japan. Carl Court | Anadolu Agency | Getty Images Japan’s new Prime Minister Yoshihide Suga is likely to pull out all the stops to revive the coronavirus-ridden economy, though …
Read More »‘Port’s Momentum’ could drive Penn National 25% more, Steiffel says
Getty Images / Cliff Hawkins Shares of Penn National Gaming are poised to benefit from “Port’s Momentum Trade” as the sportfit-betting pride expands into the fall football season, Stiffle said Wednesday. With the recent launch of the Barstall Sportsbook app, other sports betting ‘announcements’ have also been made, so the …
Read More »U.S. Claims a total of 860,000 as expected of the 860,000 who received weekly employment
First-time claims for unemployment insurance beat Wall Street estimates as the U.S. economy enters a critical new phase. A total of 660,00,000 filings were filed in the week ended September 301, the labor department reported on Thursday. Economists surveyed by the Dow Jones had earlier in the week expected 75,000,000 …
Read More »Bank of England has rates in England but warns of ‘unusually uncertain’ outlook
Mounted police officers sit outside the Royal Exchange and the Bank of England in London on June 17, 2020. Tolga Ekman | AFP by Getty Images LONDON – The Bank of England on Thursday kept interest rates unchanged and maintained its current asset purchase levels, but warned that the outlook …
Read More »Fed favors inflation debate and sends message to market – no rate hike for years
Jerome Powell, chairman of the US Federal Reserve, speaks at a news conference after the Federal Open Market Committee (FOMC) meeting in Washington on February 29, 2020. Andrew Herrer | Bloomberg | Getty Images The Fed doesn’t expect inflation to rise for years, and is willing to keep rates at …
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