12
Aug
Posted by Emvertex

In today's modern world, data has become the new gold. Yet, too much data can cause problems of its own, making it increasingly difficult for businesses big and small to understand how to extract insightful and important information from the large stockpiles of data they've obtained. Even more worrying is how this mass of data, when used incorrectly, affects entrepreneurs who are looking to obtain a commercial loan for their business. To better serve business owners and the 28.8 million small businesses…

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29
Jul
Posted by Emvertex

Many Americans have not fully recovered financially from the Great Recession, more than a decade later. Nearly 48% of Americans who were adults when the downturn first began in December 2007 say they have seen no improvement in their financial situation since then, according to a newly released Bankrate survey based on responses from more than 2,700 consumers. One in four respondents—or 25%—say their overall financial situation is about the same as it was prior to the economic crisis; 23%…

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9
Jul
Posted by Emvertex

According to the analysis, England's GDP growth dropped sharply in April, mainly due to a decline in car production, which was caused by the closure of car factories due to the uncertainty of brexit. On June 10th the England office for national statistics revealed that GDP contracted by more than expected in April, the biggest drop since March 2016. England's GDP fell 0.4 percent in April from a month earlier, compared with expectations for a 0.1 percent decline, the data…

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24
Jun
Posted by Emvertex

Governor cuomo's budget amendment would have a revenue shortfall of $2.6 billion. To fill the gap, Mr Cuomo has made adjustments to a number of budget allocations. Mr Cuomo recently announced that income tax revenues for the new fiscal year were $2.3 billion lower than expected because of the poor performance of the stock market and the migration of the wealthy, blaming the new tax law for the problem. State and local taxes (SALT), in particular, are capped at $10,000,…

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10
Jun
Posted by Emvertex

Not only are prices falling in vancouver, but rents are also loosening. At Duke, a new apartment complex in the happy hills neighborhood, Rhapsody Living, the company that manages it, recently started a promotion offering $1,000 less rent for the first month and reducing the extra deposit required to keep a pet. The company declined to comment. A one-bedroom apartment in the Duke building costs 2,530 yuan a month with a stove but no oven, which is 500 yuan or…

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4
Jun
Posted by Emvertex

South Korea's gross domestic product unexpectedly shrank 0.3 percent in the first quarter from the previous quarter, its worst quarter in a decade, led by falling investment, a weaker technology sector and falling exports. Economists polled by Reuters did not expect the south Korean economy to contract, with the median forecast for a modest 0.3 percent growth. GDP grew at an annualised rate of just 1.8 per cent in the first quarter, below expectations of 2.5 per cent. Exports, which…

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27
May
Posted by Emvertex

The dollar index rose 1.3 percent in the first two weeks to 98.3, its highest since the middle of 2017, and some experts worry that continued dollar strength will weigh on s&p earnings and hurt stocks further. Savita Subramanian, equity and quantitative strategist at bank of America merrill lynch, estimated in an April 29 report that the dollar's strength this year will reduce the earnings of s&p 500 companies by 2.1 percent, the biggest impact since the fourth quarter of…

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6
May
Posted by Emvertex

The dollar was slightly stronger against major rivals sterling and the euro after a U.S. economic report. U.S. industrial production fell 0.1 percent in March after economists had expected a 0.1 percent gain. Meanwhile, the national association of home builders' (NAHB) sentiment index for April rose 1 point to 63 on Tuesday, in line with expectations, according to the Econoday survey. Currency analysts said the synchronized rise in global stock indexes was a sign of increased appetite for risky assets,…

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15
Apr
Posted by Emvertex

As us trade talks with China draw to a close, the us has turned its trade focus to Europe, proposing tariffs on $11bn of eu imports in response to longstanding eu subsidies for aircraft maker Airbus. The European Union hit back, saying the us figure was "overblown" and was prepared to retaliate, raising transatlantic trade tensions again. The United States trade representative (USTR) on Thursday proposed tariffs on $11 billion worth of European Union imports, including commercial aircraft, cheese and…

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2
Apr
Posted by Emvertex

According to recent data released by the international monetary fund (IMF), the proportion of RMB assets held by central Banks in foreign exchange reserves rose to 1.89% in the fourth quarter of 2018, surpassing Australian and Canadian dollars and the highest level since the IMF reported RMB reserve assets in October 2016. According to the latest quarterly data on the composition of official foreign exchange reserve currencies released by the IMF, as of the fourth quarter of last year, RMB…

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