August 24, 2024 11:55 am
The general public’s domestic loan debt in Norway has grown at an annualized rate of 3.7% to NOK 7.41 billion at the end of July, data by Statistics Norway showed. It has been the fastest domestic loan debt growth since December 2023 and followed a 3.6% YoY increase in June. Municipal government loan debt increased […]
Read moreAugust 23, 2024 11:01 am
The rate of unemployment in Sweden was reported at 7.7% in July, up from 6.2% in the same month of the preceding year. The number of unemployed persons went up by 88,000 from July 2023 to 454,000, data by Statistics Sweden showed. In the meantime, the number of employed individuals dropped by 5,000 to 5.444 […]
Read moreAugust 23, 2024 9:17 am
Retail sales in New Zealand were reported to have decreased at a quarterly pace of 1.2% in Q2 of 2024, after a revised down 0.5% rise in the first quarter. Market consensus had pointed to a 1% quarter-on-quarter decline. The Q2 sales drop extended the downward trend observed over the past eight quarters. In Q2, […]
Read moreAugust 23, 2024 7:50 am
SurgePays Inc (Nasdaq: SURG), a technology and telecom company with a focus on the underbanked and underserved communities, said that it was initiating its previously authorized stock buyback program of up to $5 million in common stock. “We recognize that the delay in ACP funding has adversely impacted our business and stock price. Therefore, we […]
Read moreAugust 22, 2024 11:28 am
Zeo Energy Corp (Nasdaq: ZEO), a provider of residential solar and energy efficiency solutions, said this week it had appointed Cannon Holbrook as its next Chief Financial Officer. Holbrook, who joined Zeo Energy in March, brings more than two decades of experience in finance and accounting. Holbrook has been in leadership and finance roles in […]
Read moreAugust 22, 2024 9:34 am
Oppenheimer Asset Management has a bullish view on UnitedHealth Group Inc (NYSE: UNH) shares, as it pointed out the company “exhibits the strongest trend in the managed care sub-industry.” Oppenheimer has assigned a “Buy” rating on the stock and has a price target of $650. “UNH’s rally above $550 marks a multi-year breakout in trend […]
Read moreAugust 22, 2024 8:08 am
Spot Silver edged down on Thursday, while the US Dollar rebounded from a nearly 8-month low ahead of a speech by Federal Reserve Chair Jerome Powell at the Jackson Hole economic symposium that may provide more insight into potential interest rate cuts. Meanwhile, the minutes of the Federal Reserve’s July meeting signaled that monetary easing […]
Read moreAugust 21, 2024 1:42 pm
Annual consumer price inflation in South Africa has eased to 4.6% in July from 5.1% in June, data by Statistics South Africa showed. It has been the lowest inflation rate in three years and it further approached the South African Reserve Bank’s target of 4.5%. Last month, inflation eased for: – food and non-alcoholic beverages […]
Read moreAugust 21, 2024 9:58 am
Japan’s trade deficit has widened to JPY 621.84 billion in July, data showed, from JPY 61.33 billion in July of 2023. In comparison, market consensus had pointed to a shortfall of JPY 330.7 billion. Total imports went up 16.6% year-on-year to a 19-month high of JPY 10,241,008 billion in July. At the same time, Japan’s […]
Read moreAugust 21, 2024 8:22 am
Annual headline consumer inflation in Canada has eased to 2.5% in July from 2.7% in June, the latest data by Statistics Canada showed. The CPI reading came in line with market consensus and also marked the lowest inflation rate since March 2021. The latest reading also came in line with the Bank of Canada’s projections […]
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