Tag Archives: recession

IRS Lack of Action on Mortality Rates Helps Company Pension Plans in 2016

21 Mar

U.S. companies with defined-benefit pension plans will save at least $18 billion in 2016 because the Internal Revenue Service has yet to adopt updated assumptions on how long Americans are living, Moody’s Investors Service says.

Source: IRS Lack of Action on Mortality Rates Helps Company Pension Plans in 2016

Forbes 2016 World’s Billionaires: Meet The Richest People On The Planet – Forbes

9 Mar

A turbulent year for billionaires as the number of 10-figure fortunes drops to 1,810 and the average net worth tumbles too. One constant: Bill Gates Is Again Richest Person On The Planet.

Source: Forbes 2016 World’s Billionaires: Meet The Richest People On The Planet – Forbes

Number of Troubled Companies Nears 2009 Peak – MoneyBeat – WSJ

5 Mar

A Moody’s Investors Service tally of the least-creditworthy companies rose by 10 to 274 this month, pushing it nearer to April 2009’s record 291

Source: Number of Troubled Companies Nears 2009 Peak – MoneyBeat – WSJ

Deutsche Bank: It’s time to buy gold

27 Feb

Gold is still expensive, but rising economic risks and market turmoil mean investors should buy it for insurance, Deutsche Bank said Friday.

Source: Deutsche Bank: It’s time to buy gold

In 36 States, Unemployment Rates Still Linger Above Prerecession Levels – Real Time Economics – WSJ

27 Feb

Unemployment rates in 36 states and the District of Columbia remained elevated in 2015 compared with their 2007 levels.

Source: In 36 States, Unemployment Rates Still Linger Above Prerecession Levels – Real Time Economics – WSJ

US growth unexpectedly revised upwards

26 Feb

The US economy ended the year on a stronger footing than expected, providing some reassurance as the global outlook falters.

Source: US growth unexpectedly revised upwards

Mapped: Negative central bank interest rates now herald new danger for the world – Telegraph

16 Feb

Sub-zero rates are becoming the “new abnormal” in a shaky world economy. With fresh panic hitting markets, are we finally hitting the limits of what monetary policy can achieve? Click on the countries to find out

Source: Mapped: Negative central bank interest rates now herald new danger for the world – Telegraph

Robots ‘to take 50% of our jobs by 2050 and outperform humans at almost anything’ – Mirror Online

16 Feb

Prof Moshe Vardi told the world’s biggest science conference it could lead to more of us becoming depressed because of a lack of direction in life

Source: Robots ‘to take 50% of our jobs by 2050 and outperform humans at almost anything’ – Mirror Online

Central Banks’ New World of Negative Rates and Cash – Bloomberg Business

1 Feb

Gabriel Stein, asset management director at Oxford Economics, and James Bevan, chief investment officer at CCLA Investment Management, discuss the implications of a negative rate environment and investors’ rush to cash. They speak on “On The Move.” (Source: Bloomberg)

Source: Central Banks’ New World of Negative Rates and Cash – Bloomberg Business

Wal-Mart Makes Rare Retreat on Home Turf – WSJ

15 Jan

Even the big boys are feeling this economy change…./recession….

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Wal-Mart is closing hundreds of stores across the globe, including 154 in the U.S., a rare retreat for the retail behemoth on its home turf.

Source: Wal-Mart Makes Rare Retreat on Home Turf – WSJ

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