September 13, 2024 United States: Fed to Pursue Three Quarter-Point Cuts This Year, Economists Say The Federal Reserve is likely to lower interest rates by a quarter-point next week and at each of the two meetings that follow, according to economists surveyed by Bloomberg News. While investors have largely converged around the likelihood of such
Knutsford Express Services Limited (KEX) Audited financials for the year ended May 31, 2024: Knutsford Express Services Limited (KEX) for the year ended May 31, 2024, reported a 19% increase in Revenue totaling $1.96 billion compared to $1.65 billion in the corresponding period last year. Revenue for the fourth quarter had a 17% increase to
September 12, 2024 United States: US Producer Prices Pick Up Slightly After Downward Revisions US producer prices picked up only slightly in August after the previous month’s numbers were revised lower, and categories that feed into the Federal Reserve’s preferred inflation gauge were muted. The producer price index for final demand increased 0.2% from a
September 11, 2024 United States: Core US Inflation Picks Up, Damping Odds of Outsize Fed Cut Underlying US inflation unexpectedly picked up in August on higher prices for housing and travel, undercutting the chances of an outsize Federal Reserve interest-rate cut next week. The so-called core consumer price index — which excludes food and energy
September 10, 2024 United States: US Small-Business Optimism Declines by Most in Over Two Years US small-business optimism declined in August by the most in more than two years as earnings tumbled and firms grew more downbeat about prospects for sales and the economy. The National Federation of Independent Business optimism index dropped 2.5 points,
