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Showing 11 - 20 of 253 results for "Americans"

Dimon 'cautiously pessimistic' on US economy

KARREN VERGARA  |  FRIDAY, 17 JAN 2025
... positives, he admits there is a sense of gloom in the US economy. "I think there are a lot of legitimate concerns that Americans have. For example, ineffective government, they're angry about it. They're angry about immigration. There are people ...

Gensler to leave SEC in January

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2024
... The staff comprises true public servants. It has been an honor of a lifetime to serve with them on behalf of everyday Americans and ensure that our capital markets remain the best in the world," Gensler said. "I thank President Biden for entrusting me ...

US election to add to inflation woes: Experts

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
... tend to increase spending/capital expenditures and demand," Cunningham said. "Harris' proposal is to reduce taxes for Americans outside of the richest 1%, while Trump's plan is to extend or favourably modify his Tax Cuts and Jobs Act of 2017. And then ...

Nudging pre-retirees has 'little effect'

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... escalation, while cheap to implement and still helpful, did not have the big impact that policymakers hoped for. Factoring in Americans' job-switching and savings behaviours, automatic enrollment and automatic escalation increase net savings by just ...

Bitcoin ETFs given green light by US regulator

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
... listed products has made it challenging for wealth managers to allocate funds to crypto. However, with the SEC approval, Americans can now access a spot Bitcoin ETF legally and compliantly, rather than through futures, cash-settled products, or trading ...

US Federal Reserve hikes interest rates

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
... ongoing commitment to slaying high inflation. Federal Reserve chair Jerome Powell emphasised the difficulties faced by Americans due to high inflation and reinforced the central bank's determination to reduce inflation to the 2% target. "I understand ...

California to mandate personal finance studies

KARREN VERGARA  |  TUESDAY, 21 FEB 2023
... development with NGPF will earn a US$500 stipend. A 2016 survey by the Bank of America found that just 31% of young Americans aged between 18 to 26 believed that their high school education did a good job of providing healthy financial habits. Vermont-based ...

Strengths and weaknesses in DC systems: Comparison

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... Pilger said. "On the Australian side, its greatest asset is its comprehensive coverage of the workforce through mandates. Americans don't seem to like mandates, which has resulted in a lingering coverage deficit." Australia's superannuation guarantee ...

The future of defined contribution asset allocation

ANDREW MCKEAN  |  MONDAY, 7 NOV 2022
... wide-ranging inquiry than US counterparts. "Superannuation investment strategists are asking fundamental questions that the Americans don't seem to be asking," Mitchem said. "For example, why develop a 60/40 portfolio at all when workplace savings ...

Stock exchanges, industry pay tribute to Queen Elizabeth II

JAMIE WILLIAMSON, CASSANDRA BALDINI  |  FRIDAY, 9 SEP 2022
... passing of a unique person." State Street chair and chief executive Ronald O'Hanley said: "It is often remarked how Americans rebelled against the British Crown yet are inveterate admirers of British royalty. I believe this paradox is explained by ...