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Showing 21 - 30 of 253 results for "Americans"

Federal Reserve delivers 0.75bp rate rise

ANDREW MCKEAN | THURSDAY, 28 JUL 2022

... improvements in labour market conditions, including for workers on the lower ends of wage distribution as well as for African Americans and Hispanics. Subsequently, according to Powell, the continued strength of the labour market suggests that underlying ...

Joining the 1% around the world: Analysis

ELIZABETH MCARTHUR | MONDAY, 25 OCT 2021

... the $850,000 that would put them among the wealthiest 1% in the country. In the United States, it would take working Americans with a net national income of $55,419 roughly 79 years and five months to meet the required wealth of $4.4 million to reach ...

Aussie investors optimistic about returns

KARREN VERGARA | FRIDAY, 25 JUN 2021

... years, despite 61% stating that they will need to work longer to do this. Conversely, a separate study in the US found Americans are more pessimistic about financial security in retirement as over one third will have to delay retiring as a result of ...

Pandemic delays retirement plans

KARREN VERGARA | THURSDAY, 24 JUN 2021

The coronavirus pandemic is forcing over one third of Americans to delay their retirement while a larger cohort are turning to part-time work to supplement their nest egg, a new survey finds. Those intending to retire over the next five years are putting ...

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG | FRIDAY, 11 JUN 2021

... in inflation - headline and core - was due to base effects. It also underscores supply and production constraints as Americans bought more pre-loved vehicles. The BLS reports that, "The index for used cars and trucks continued to rise sharply, increasing ...

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG | TUESDAY, 8 JUN 2021

... or lost business due to the pandemic" is "down from 9.4 million in the previous month". Yes Virginia, there were less Americans unable to work in May than there were in April. This is in addition to disincentivised workers. We may call them slacks but ...

Chief economist update: A half-glass full look at inflation

BENJAMIN ONG | MONDAY, 17 MAY 2021

... more specifically, the rounds of stimulus cheques and increased unemployment benefits - that are "disincentivising" Americans from re-entering the labour market. Job or no job, American consumers have money to burn. They're willing and able to accept ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG | MONDAY, 10 MAY 2021

... more specifically, the rounds of stimulus cheques and increased unemployment benefits - that are "disincentivising" Americans from re-entering the labour market. There's the cheque for US$1200 per person (plus US$500 per child) issued under the CARES ...

Chief economist update: Too much of a good thing could be a bad thing

BENJAMIN ONG | WEDNESDAY, 31 MAR 2021

... year. Also, the Centers for Disease Control and Prevention (CDC) reports that as of 30 March, around 96 million adult Americans have received the first shot of the vaccines, with more than 53 million already fully vaccinated. Vox.com opines that, "At ...

COVID-19 spurs robo-advice demand

KARREN VERGARA | TUESDAY, 23 MAR 2021

... additional soft skills as their role evolves." In a separate survey by Schroders, which asked how the coronavirus has forced Americans to overhaul their way of life, saving for the future has become their third priority. The Schroders US Retirement survey ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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