August 5, 2021 The advance number for seasonally adjusted initial claims for the week ending July 31 was 385,000, down 14,000 from the previous week's revised estimate. The prior week's figure of 400,000 was revised down to 399,000. The 4-week moving average was 394,000, down 250 from the adjusted average from the prior week. The
United States: Peak Doesn’t Mean Weak as U.S. Economic Growth Set to Cool “The best growth of the expansion is likely behind the U.S. just as the world’s largest economy reclaims its pre-pandemic level of output. Gross domestic product likely revved up in the second quarter, fueled by the delivery of vaccinations, the unleashing of
August 4, 2021 Barita Investments Limited (BIL) has advised that the following Ordinary Resolutions Nos. 1 and 2 relating to an Additional Public Offering of Shares were passed at an Extraordinary General Meeting held on Tuesday, August 3, 2021: Resolution No. 1 Ordinary Resolution “THAT the Company hereby approves the issue of up to 160,000,000 ordinary shares
August 4, 2021 In June 2021, the seasonally adjusted unemployment rate in the euro area was 7.7%, down from 8.0% in May 2021. The unemployment rate in the EU was 7.1% in June 2021, down from 7.3% in May 2021 and from 7.3% a year earlier. In June 2021, the number of people unemployed in
August 4, 2021 According to Bureau of Economic Analysis, personal income climbed $26.1 billion (0.1%) in June. Personal consumption expenditures (PCE) rose $155.4 billion (1.0 percent) but disposable personal income (DPI) dropped $2.6 billion (less than 0.1 percent). In June, the real DPI fell 0.5%, but the real PCE rose 0.5%; goods fell 0.2%, while services rose
August 4, 2021 GraceKennedy (GK) has completed its acquisition of Scotia Insurance Eastern Caribbean Limited (SIECL) which operated in seven Eastern Caribbean countries: Anguilla, Antigua and Barbuda, Dominica, Grenada, St Kitts and Nevis, St Lucia, and St Vincent and the Grenadines. GraceKennedy had previously announced in March that it had come to an agreement with
August 04, 2021 Government Operations Results for June 2021 For the period of April to June 2021, the GOJ reported Total Revenues & Grants of $175.38 billion, $11.58 billion more than the Government’s projection. This represented an increase of approximately 43% relative to the $122.65 billion recorded for the corresponding period in 2020. ‘Tax Revenue’
August 04, 2021 The graph above shows deaths reported since the previous day and the 7-day moving average As of August 04, 2021, the outbreak of the coronavirus disease (COVID-19) had spread across the globe to six continents, and three million people had died after contracting the respiratory virus. Cases now stand at 200,650,253 globally.
August 04, 2021 FosRich Company Limited (FOSRICH) for the six months ended June 30, 2021 booked a 28% increase in revenue to total $1.09 billion compared to $857.15 million for the same period in 2020. The Company noted, “These increases were attributed primarily to the greater availability of the products required by the market. While the overall increase
United States: U.S. Companies Add Far Fewer Jobs Than Forecast, ADP Data Show “U.S. companies added far fewer jobs than expected in July, indicating persistent hiring obstacles despite broader improvement in the economy. Businesses’ payrolls increased by 330,000 last month, the smallest gain since February, after a revised 680,000 gain in June, according to ADP
