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Search ResultsShowing 1 - 10 of 100+ results for "Americans"
Chief economist update: Extraordinarily uncertain outlook
BENJAMIN ONG  |  TUESDAY, 30 JUN 2020
... in check." "While recent economic data offer some positive signs, we are keeping in mind that more than 20 million Americans have lost their jobs, and that the pain has not been evenly spread. The rise in joblessness has been especially severe for lower-wage ...
Markets slump as US jobless claims hit 30m
ALLY SELBY  |  FRIDAY, 1 MAY 2020
US bourses fell overnight after data revealed 3.8 million Americans filed for unemployment last week. Over the past six weeks, 30.3 million Americans have filed claims for unemployment benefits as businesses shutter thanks to coronavirus shutdowns. ...
Chief economist update: Labor Day mayday
BENJAMIN ONG  |  FRIDAY, 1 MAY 2020
... coronavirus pandemic. For right on the eve of "Labor Day", the US Department of Labor reports that more than 30 million Americans - around 18% of working population - applied for unemployment benefits in the six weeks to 25 April, making the 7.5% drop ...
Dow skyrockets in two-day winning streak
ALLY SELBY  |  THURSDAY, 26 MAR 2020
... US Senate is close to passing a US$2 trillion stimulus bill, which will provide financial assistance to unemployed Americans and distressed industries impacted by the coronavirus. The stimulus package reportedly includes US$500 billion to fund industries ...
Chief economist update: COVID-19 eating into jobs
BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
... reached a deal to unleash a stimulus package worth around US$2 trillion. "Highlights include: $250B in direct payments to Americans; $367B in small business loans that can be forgiven if employees are retained; a $500B loan and loan guarantee program ...
Chief economist update: It's the US consumer, stupid me
BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... wherewithal to do so. According to Gallup's annual "Mood of the Nation" survey (conducted January): "Nearly six in 10 Americans (59%) now say they are better off financially than they were a year ago, up from 50% last year." "The current 59% of Americans ...
Use 401k to pay student debts: US senator
ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
... to pay off student loan debt using their retirement savings. The HELPER Act is, according to Paul, designed to help Americans pay off student loan debt more quickly and save more money for retirement. The HELPER Act will allow US citizens to take up ...
Defined contribution: A global perspective
HARRISON WORLEY  |  THURSDAY, 14 NOV 2019
... and the United States. However, Lucas outlined the difficulties facing the nation, including issues of adequacy. Even Americans - who have a full career of eligibility in a 401k plan - will face a deficit in the amount of money they have to spend in ...
Retired Aussies make financial decisions alone
HARRISON WORLEY  |  TUESDAY, 12 NOV 2019
... would be important an important asset to have on their side. Comparatively, 57% of retired Canadians and 47% of retired Americans use professional advice to help plan for and generate income during their retirement. Perhaps more startling though, the ...
Chief economist update: Trump should read Frank
BENJAMIN ONG  |  MONDAY, 26 AUG 2019
... Trump's war cry of "Making America Great Again" by "beggaring his neighbours" would only end in tears ... even for Americans.
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