Category: Business » Economy

Your IMF Update: Country Report No. 17/129 - Mexico, United States

9:15 am Eastern | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - Mexico

9:10 am Eastern | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: IMF Policy Paper

22 May 13:09 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release

22 May 12:55 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: IMF Policy Paper

22 May 12:39 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - Somalia

22 May 11:09 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Speech

20 May 11:41 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release

19 May 17:32 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Federal Reserve imposes $1.2 million fine and permanent ban on employment against former Barclays Bank PLC employee

19 May 15:00 | Business

Federal Reserve imposes $1.2 million fine and permanent ban on employment against former Barclays Bank PLC employeeread more »

SEC Charges Fake Filer With Manipulating Fitbit Stock

19 May 13:25 | Business

The Securities and Exchange Commission today filed fraud charges against a Virginia-based mechanical engineer accused of scheming to manipulate the price of Fitbit stock by making a phony regulatory filing. According to the SEC’s complaint, Robert W. Murray purchased Fitbit call options just minutes before a fake tender offer that he orchestrated was filed on the SEC’s EDGAR system purporting that a company named ABM Capital LTD sought to acquire Fitbit’s outstanding shares at a substantial premium.  Fitbit’s stock price temporarily spiked when the tender offer became publicly available on Nov. 10, 2016, and Murray sold all of his options for a profit of approximately $3,100.  The SEC alleges that Murray created an email account under the name of someone he found on the internet, and the email account was used to gain access to the EDGAR system.  Murray then allegedly listed that person as the CFO of ABM Capital and used a business address associated with that personread more »

Federal Reserve Board issues Report on the Economic Well-Being of U.S. Households

19 May 12:00 | Business

Federal Reserve Board issues Report on the Economic Well-Being of U.S. Householdsread more »

Your IMF Update: Press Release - Guinea-Bissau

19 May 11:46 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

David Peavler, Associate Director of Enforcement in Fort Worth Office, to Leave SEC

19 May 11:35 | U.S. News

The Securities and Exchange Commission today announced that David L. Peavler, Associate Director of Enforcement in the Fort Worth Regional Office, is leaving the agency this month after more than 15 years of service. Mr. Peavler joined the SEC staff as a Staff Attorney and went on to serve as a Branch Chief and then an Assistant Director before being named Associate Director in November 2011.  Mr. Peavler has supervised a staff of more than 60 attorneys and other professionals responsible for investigating potential violations of the federal securities laws by a wide range of market participants. Mr. Peavler received the SEC’s Irving Pollack Award last year in recognition of his “fairness and compassion in dealings with the public and staff, scholarship and professional expertise in execution of their legal duties, and adherence to the highest standards of personal and professional integrity.”  He received the agency’s Arthur F. Mathews Award in 2004 for “sustained dread more »

Your IMF Update: Press Release - Brazil

19 May 10:56 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Business Employment Dynamics Latest Numbers

19 May 10:31 | Business

Gross Job Gains: Total Private 7,650,000 in 3rd Qtr of 2016 Historical Data Goods-Producing 1,299,000 in 3rd Qtr of 2016 Historical Data Service-providing 6,351,000 in 3rd Qtr of 2016 read more »

Import/Export Price Indexes Latest Numbers

19 May 10:31 | Business

Imports All Commodities: +0.5% in Apr 2017 Historical Data Fuels & Lubricants: +1.6% in Apr 2017 Historical Data All Imports Excluding Fuels: +0.3% in Apr 2017 read more »

Major Economic Indicators Latest Numbers

19 May 10:31 | Business

Consumer Price Index (CPI): +0.2% in Apr 2017 News Release Historical Data Unemployment Rate: 4.4% in Apr 2017 News Release Historical Data Payroll Employment: read more »

Consumer Price Index Latest Numbers

19 May 10:31 | Business

CPI-U, US City Average, All Items: NSA +0.3% in Apr 2017 Historical Data SA +0.2% in Apr 2017 Historical Data NSA +2.2% since Apr 2016 Historical Dread more »

Current Employment Statistics Latest Numbers

19 May 10:31 | Business

Change in Total Nonfarm Payroll Employment: +211,000(p) in Apr 2017 Historical Data Change in Total Private Average Hourly Earnings for All Employees: +$0.07(p) in Apr 2017 Historical Data Change in Total Private Average Weekly Hours for All Employees: read more »

Mass Layoff Statistics Latest Numbers

19 May 10:31 | Business

Seasonally Adjusted: Total Mass Layoff Events 1,301 in May 2013 Historical Data Change in Total Mass Layoff Events +102 in May 2013 Historical Data Total Mass Layoff Initial Claimants 127,821 read more »

Your IMF Update: IMF News Article

19 May 08:56 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Regional Economic Outlook Report

19 May 08:46 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Mission Concluding Statement - Russian Federation

19 May 08:41 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

H15: Correction of Treasury rates for April 14, 2017, the week ending April 14, 2017, and the month of April 2017

19 May 05:41 | Business

Incorrect Treasury rates for April 14, 2017, were again received from the external provider of this information and published on May 18, 2017. The H.15 has been updated to correct the inaccurate rates.read more »

Your IMF Update: Press Release - Grenada

18 May 17:26 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Federal Reserve announces results of offering of seven-day term deposits on May 18

18 May 15:30 | Business

Federal Reserve announces results of offering of seven-day term deposits on May 18read more »

Your IMF Update: Press Release - South Africa

18 May 13:11 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Mission Concluding Statement - Republic of Poland

18 May 07:11 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - Oman

18 May 00:28 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - Togo

17 May 15:11 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - Saudi Arabia

17 May 11:11 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Speech

17 May 04:56 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

G17: G.17 Data for April 2017 are now available

17 May 04:35 | Business

Industrial production and capacity utilization data for April 2017 are now available.Industrial production advanced 1.0 percent in April for its third consecutive monthly increase and its largest gain since February 2014. Manufacturing output rose 1.0 percent as a result of widespread increases among its major industries. The indexes for mining and utilities posted gains of 1.2 percent and 0.7 percent, respectively. At 105.1 percent of its 2012 average, total industrial production in April was 2.2 percent above its year-earlier level. Capacity utilization for the industrial sector increased 0.6 percentage point in April to 76.7 percent, a rate that is 3.2 percentage points below its long-run (1972-2016) average.read more »

Your IMF Update: Press Release - Botswana

16 May 16:56 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - Jordan

16 May 10:26 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - People's Republic of China

16 May 06:41 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

SEC Names Robert B. Stebbins as General Counsel

15 May 17:00 | U.S. News

The Securities and Exchange Commission today announced that Robert B. Stebbins has been named General Counsel of the agency. The General Counsel is the chief legal officer of the agency, providing a variety of legal services to the Commission and staff. "Bob is an exceptional attorney and counselor, and I know his depth of knowledge and experience managing a wide range of securities-related issues will benefit the SEC," said Chairman Jay Clayton. "I thank Bob for his commitment to serving his country and our agency, and I look forward to his steadfast guidance as the Commission's chief legal officer." "I have always had a great deal of respect for the SEC's staff and their commitment to the agency’s core mission, and I am proud to be part of the team," said Mr. Stebbins. "I look forward to sharing my experience with this talented group of professionals, and I am grateful for this tremendous opportunity." Mr. Stebbins has practiced law at Willkie Farr read more »

Your IMF Update: Mission Concluding Statement - Costa Rica

15 May 16:56 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release

15 May 16:42 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

SEC Names Jaime Klima Chief Counsel

15 May 16:25 | U.S. News

The Securities and Exchange Commission today announced that Jaime Klima has been named Chief Counsel to Chairman Jay Clayton.  As Chief Counsel, Ms. Klima will be senior legal and policy adviser, and will coordinate the rulemaking agenda of the Commission.  She will also serve as the Chairman's representative on the Deputies Committee of the Financial Stability Oversight Council. "I am thrilled that Jaime has agreed to serve the Commission in this key role," said Chairman Jay Clayton. "I am pleased that Jaime's legal acumen and experience will continue to benefit the SEC and its team of committed professionals." Most recently, Ms. Klima served as SEC co-chief of staff under then-Acting Chairman Michael S. Piwowar, advising on all issues of agency management and policy.  Before that, she was counsel to Commissioner Piwowar and Commissioner Troy A. Paredes. In those roles, Ms. Klima covered a wide range of issues including rulemaking and enforcement matters.read more »

SEC Names Jaime Klima Chief Counsel

15 May 16:25 | U.S. News

The Securities and Exchange Commission today announced that Jaime Klima has been named Chief Counsel to Chairman Jay Clayton.  As Chief Counsel, Ms. Klima will be senior legal and policy adviser, and will coordinate the rulemaking agenda of the Commission.  She will also serve as the Chairman's representative on the Deputies Committee of the Financial Stability Oversight Council. "I am thrilled that Jaime has agreed to serve the Commission in this key role," said Chairman Jay Clayton. "I am pleased that Jaime's legal acumen and experience will continue to benefit the SEC and its team of committed professionals." Most recently, Ms. Klima served as SEC co-chief of staff under then-Acting Chairman Michael S. Piwowar, advising on all issues of agency management and policy.  Before that, she was counsel to Commissioner Piwowar and Commissioner Troy A. Paredes. In those roles, Ms. Klima covered a wide range of issues including rulemaking and enforcement matters.read more »

SEC Names Sean Memon Deputy Chief of Staff

15 May 16:25 | U.S. News

The Securities and Exchange Commission today announced that Sean Memon has been named the agency's deputy chief of staff. "Sean has proven to have extensive knowledge of financial regulation and coordination across our various markets. I commend his willingness to share his expertise here at the SEC as we further the agency's important mission," said Chairman Jay Clayton. Mr. Memon arrived at the SEC with experience providing advice to public and private companies in both legal and financial roles. Immediately prior to joining the SEC, Mr. Memon practiced law at Sullivan & Cromwell LLP in Washington, D.C., where he advised clients in regulatory and transactional matters, including with respect to capital raisings, mergers and acquisitions and joint ventures. Mr. Memon also advised companies on matters involving financial technology and the development of new products and services. Previously, Mr. Memon was a member of the Finance and Acquisitions department aread more »

SEC Names Sean Memon Deputy Chief of Staff

15 May 16:25 | U.S. News

The Securities and Exchange Commission today announced that Sean Memon has been named the agency's deputy chief of staff. "Sean has proven to have extensive knowledge of financial regulation and coordination across our various markets. I commend his willingness to share his expertise here at the SEC as we further the agency's important mission," said Chairman Jay Clayton. Mr. Memon arrived at the SEC with experience providing advice to public and private companies in both legal and financial roles. Immediately prior to joining the SEC, Mr. Memon practiced law at Sullivan & Cromwell LLP in Washington, D.C., where he advised clients in regulatory and transactional matters, including with respect to capital raisings, mergers and acquisitions and joint ventures. Mr. Memon also advised companies on matters involving financial technology and the development of new products and services. Previously, Mr. Memon was a member of the Finance and Acquisitions department aread more »

Your IMF Update: Mission Concluding Statement - Czech Republic

15 May 11:41 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - Rwanda

15 May 11:26 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - Zimbabwe

15 May 11:16 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: IMF Policy Paper

15 May 10:57 | SciTech

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

SEC Charges Former Head Traders at Nomura With Fraud

15 May 10:50 | U.S. News

The Securities and Exchange Commission today charged a pair of former head traders who ran the commercial mortgage-backed securities (CMBS) desk at Nomura Securities International Inc. with deliberately lying to customers in order to inflate the profits of the CMBS desk and line their own pockets as a result. The SEC alleges that James Im and Kee Chan each misrepresented price information while acting as intermediaries on trades with Nomura’s customers who sought to buy and sell CMBS on the secondary market.  In certain instances, Im and Chan allegedly pretended they were still negotiating bond purchases with a third-party seller at higher prices when Nomura had already acquired the bonds at a lower price. The SEC alleges that in one instance, Im bragged about his purposeful deception of a customer, and Chan once altered an email to a customer to prop up his lie about the bid price for a bond.  According to the SEC’s complaints, Chan and Im fraudulently generated morread more »

Your IMF Update: Press Release

15 May 10:43 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

Your IMF Update: Press Release - Republic of Slovenia

15 May 10:43 | Business

International Monetary Fund International Monetary Fund: New item in your series of interest.read more »

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