The Securities and Exchange Commission today announced four new members to fill vacancies on its Investor Advisory Committee. Three of the four new members will serve four-year terms, while the fourth new member will serve as the designated representative of the interests of senior citizens. These four new members join nine current committee members. The committee, established pursuant to Section 39 of the Securities […]
Index-linked treasury stocks are gilts issued by the UK Government. They pay out twice a year, with the amount indexed to the Retail Prices Index.
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Dinner speech by Philip R. Lane, Member of the Executive Board of the ECB, at the Closing Conference of the European System of Central Banks Research Network on Challenges for Monetary Policy Transmission in a Changing World (ChaMP)[1] Rome, 6 July 2026 Let me begin by congratulating everyone involved in the ChaMP research network on […]
Employees’ Provident Fund (EPF) subscribers can no longer activate their Universal Account Number (UAN) or generate a new UAN through the Employees’ Provident Fund Organisation (EPFO) member portal. Following a major technology upgrade, both services have been shifted to the government’s Unified Mobile Application for New-age Governance (UMANG) app, where users must complete […]
The major US stock indices are closing higher on the day led by the Nasdaq. The Dow closed about 53K for the first time ever with Boeing (+3.55%), IBM (+3.45%) and Goldman Sachs (+3.36%), the biggest gainers. Looking at the major indices: Dow industrial average rose 0.29% to 53,061.30 S&P index rose 54.17 points or […]
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Transcript Sky News – Governor, you’ve held interest rates where they are when we’ve had some more positive news round inflation, oil prices are coming down. It feels like a rosier picture, but you’re still pretty cautious?Governor Andrew Bailey – Well, we have had encouraging news. I mean, I’m very encouraged. You know, we’ve obviously […]
New data shows supply chain pressures abating following a four-year high earlier in the year. The Federal Reserve Bank of New York’s Global Supply Chain Pressure Index moved to 1.25 from an upwardly revised 1.81 in May, the bank announced Monday (July 6). In April, the index reached its highest level since 2022 as the […]
SSA retirement benefit July checks: The first wave of Social Security distribution in the United States for the month of July is set to begin this week on 8 July, as per the US Social Security Administration’s (SSA) payment calendar. The retirement benefit checks are typically issued on the second, third and fourth Wednesdays each […]