Tag: ahead

U.S. Plods Ahead, Europe Stagnates

(Bloomberg) — The U.S. housing market is powering ahead while lean business inventories are creating an updraft for shippers and manufacturing — consistent with projections for a third-quarter snapback in economic growth.

The path of the coronavirus, nonetheless, remains a risk to the world’s largest economy, evidenced by the recent struggle with the disease’s resurgence in Europe. Some governments there have reinstated restrictions and that’s caused the recovery to stagnate.

Here are some of the charts that appeared on Bloomberg this week, offering insight into the latest developments in the global economy:

World



a screenshot of a cell phone: Pandemic Fallout


© Bloomberg
Pandemic Fallout

The damage to labor markets from the coronavirus is proving worse than anticipated, according to the International Labour Organization, which also sees a much slower recovery at the end of this year.

U.S.



a screenshot of a cell phone: U.S. new-home sales surprise in August, rise to fresh 14-year high


© Bloomberg
U.S. new-home sales surprise in August, rise to fresh 14-year high

Sales of new homes unexpectedly advanced for

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Visa Charges Ahead in Fintech

Visa (V) has been buying new innovative, disruptive fintech companies such as “Plaid”, observes Carl Delfeld, editor of Cabot Global Stocks Explorer.

In some ways, Visa could be seen as fintech venture fund. Other recent acquisitions include Earthport, Verifi, Payworks, and Bell ID. All this has enabled Visa to deepen and broaden its suite of products.

  • Visa Direct is the prominent digital product that provides access to Visa’s transaction processing platform, VisaNet.
  • Visa Checkout is a dedicated digital product that ensures secure online payments.
  • Visa Token Service and Secure Remote are other digital products that secure personal account information by utilizing various encryption solutions.
  • CyberSource is a merchant payment acceptance solution that provides an omnichannel (online, mobile, and in-person) payment acceptance service.

There are several other reasons that I like Visa. One is that they do not lend any money or take

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Stock futures trade cautiously ahead of final session of the week

U.S. equity futures are trading cautiously as a rollercoaster week comes to an end.

The major futures indexes are indicating a mixed trade.

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Despite signs of a global economic rebound in the third quarter, worries remain the upturn may be running out of steam.

House Democrats said they are paring back their proposal for a new stimulus package in an attempt to jump-start negotiations with the Trump administration.

Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell have said the government’s top priority should be to provide affordable loans to small businesses and further support for millions of Americans still unemployed.

SENATE ADVANCES STOPGAP FUNDING BILL TO AVOID GOVERNMENT SHUTDOWN

Paralyzing partisanship has prevented a congressional renewal of aid,

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4 Simple Networking Tips to Get Ahead in Life and Business

A decade ago, “networking” was a dirty word. People associated with all kinds of schemes. Nowadays, it has turned into the lingua franca of our times.

According to master networker Keith Ferrazzi, “Success in life = the people you meet + what you create together.” Many studies in the budding field of social networking claim that your network is your destiny.

In other words, the way you network determines how much you’re going to get ahead in life and business. This article will focus on four networking tips to boost your success. Let’s take a look at each below.

It never hurts to ask for help.

Virtually everyone in the world has had to reach out for help — be it in the form of free advice, to get an internship, or to land a job interview. And the majority have been reluctant to ask for that help. The truth

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Bleak Winter Ahead For Central London As Workers Told Not To Come Back To The Office

The return-to-the-office plans of companies big and small and their landlords, the recovery prospects of cafés, bars and restaurants — all have been torn to shreds by the government’s announcement Tuesday that Britons should go back to working from home if they can. And with those plans go the hopes that 2020 might see a rebound for central London property owners.

“This will be devastating for a lot of businesses that were already struggling,” London Property Alliance Executive Director Charles Begley told Bisnow

For the businesses that rely on office workers, in the retail, leisure and service sectors, another prolonged period with massively reduced footfall presents an existential threat if the current safety measures are not supported by government financial assistance.

An empty Liverpool Street Station in London.

And for office owners in areas like West End, City and surrounding districts, the advice for staff to work from home

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Futures Rise Ahead of Business Activity Data; Nike Shines | Investing News

(Reuters) – U.S. stock index futures rose on Wednesday ahead of data that would throw light on the pace of an economic recovery from a coronavirus-driven recession, while Nike was set for a record open after a stunning quarterly earnings report.

Shares of the world’s largest athletic shoe maker

surged 13.2% in premarket trading as its digital sales, especially in North America, helped offset a fall in sales at traditional brick-and-mortar stores.

The Dow constituent was set to drive the blue-chip index <.DJI> higher for a second straight day, clawing back more of the sharp declines from Monday that were driven by fears of another round of lockdowns to contain a global surge in COVID-19 cases.

Doubts about more U.S. fiscal stimulus and growing political uncertainty in the run-up to the Nov. 3 presidential elections have also kept investors from making big stock market bets.

“If we get a second

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U.S. Airlines Make Urgent Call for New Bailout Ahead of October 1 Job Cuts | Investing News

By David Shepardson and Tracy Rucinski

WASHINGTON/CHICAGO (Reuters) – Major U.S. airlines launched a last-ditch bid to persuade Congress to grant them a new $25 billion bailout to help avert tens of thousands of employee furloughs set to begin Oct. 1.

The chief executives of American Airlines

, United Airlines

and JetBlue Airways

and major aviation unions held a news conference on Capitol Hill on Tuesday afternoon calling for a six-month extension of a payroll support program that consisted primarily of grants in exchange for keeping workers on the payroll.

“We’re not going to give up,” American Airlines CEO Doug Parker said, affirming that the airline would furlough some 19,000 on Oct. 1 without fresh aid.

He reiterated, however, that the company itself is not at risk without assistance. “American Airlines is going to be fine,” Parker said.

On Monday, two key Republican senators introduced legislation that would authorize another

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Biggest Question for Every MLB Playoff Hopeful Ahead of 2020 Postseason | Bleacher Report

0 of 24

    The New York Yankees are hot, but are they built for a deep playoff run?

    The New York Yankees are hot, but are they built for a deep playoff run?Michael Dwyer/Associated Press

    Major League Baseball’s shortened 2020 season has been the very definition of a wild ride. And with only a few days still to go, the expanded playoff picture is far from complete.

    So, let’s take one last look at what contenders must prove before they can aim for World Series glory.

    Setting aside each division’s last-place team, we considered questions for 24 clubs that have already clinched playoff spots or are still in the running. These questions addressed various weaknesses, injuries and other lingering concerns.

    We’ll proceed in alphabetical order by city.

1 of 24

    Noah K. Murray/Associated Press

    Record: 32-22 (1st in NL East)

    Atlanta mainly has its offense to thank for how close the club is to a third straight first-place finish in the National League East.

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H-1B visa: Ahead of US elections 2020, Trump administration races against time to tighten regulations

The administration is aiming to review these regulations before the country goes into re-election on November 3.

H-1B visas: Ahead of the US Presidential Elections 2020, President Donald Trump’s administration is trying to tighten the norms and make it harder for US companies to hire employees from abroad before the end of 2020. This, according to officials cited by news agency Reuters, would lead to preservation of jobs for American nationals as the country deals with severe blow to employment due to the coronavirus pandemic. The officials also said that the decision would be politically difficult to reverse, the report said.

The White House budget office is racing against time to review a fast-track regulation to narrow the definition of “specialty occupation” that is eligible under the H-1B programme for getting a skilled-worker visa, the report said, citing the website of the budget office and administration officials. Apart from this,

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Weighing The Week Ahead: Investors Need Some Objective Evidence

We have a light economic calendar with important data on home sales, jobless claims, and durable goods orders. None of these is likely to stimulate higher heartbeats.

I expect politics and the election to get plenty of attention in the financial media, especially with an open Supreme Court seat as a new issue.

These are important long-term issues, but the answers (which no one knows anyway) shed little light on key questions we all face right now.

Investors need an evidenced-based assessment of the economic rebound.

And then they need to ask if their portfolios are aligned with the answer.

Last Week Recap

In my last installment of WTWA, I took note of market declines and considered whether this might be the “start of something big.” We still do not know, but it is worth paying attention to the most important indicators.

The Story in One Chart

I always start

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