Arizona farmers are warning that illegal alien traffic through farmland is contaminating crops and threatening the nation’s food security. The border crisis is putting the nation’s food security in danger, two Arizona farmers with fields near the southern border told Fox News in an exclusive. President Joe Biden promised Arizona residents earlier this month that he…
Arizona Farmers Say Illegal Alien Traffic Through Fields Contaminates Crops and Threatens Food Security
January 16, 2023
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Global Jobs Growth Will Halve in Challenging 2023: ILO
January 16, 2023
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Business & Marketseconomic policieseconomyglobalgrowthILOinflationInternationaljobslaborMarketsrecessionWorld
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LONDON—Global employment growth is expected to slow down sharply to 1 percent this year compared to 2 percent in 2022, hit by the economic fallout of the war in Ukraine, high inflation, and tighter monetary policy, the International Labor Organization (ILO) said on Monday. At the same time, the number of unemployed people in the…
Presidents on Coins: A Brief Guide and Synopsis
Publish 10 am Monday Seeing the faces of former U.S. presidents on coins (and paper money) is something we’re all accustomed to. Your wallet or coin jar probably features at least one Abraham Lincoln penny, Thomas Jefferson nickel, Franklin Roosevelt dime, and George Washington quarter. You may even have a John F. Kennedy half-dollar or…
Dollar Steadies After Hitting 7-Month Low, All Eyes on Yen
SINGAPORE/LONDON—The dollar started the week on the back foot, hitting a seven-month low against a basket of major peers in Asian trade, with the yen in particular focus as traders ramped up bets the Bank of Japan will tweak its yield control policy further. The euro hit a fresh nine-month top of $1.0874 in early…
Shares Rise, Yen Climbs as BOJ Battles Bond Bears
January 16, 2023
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Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
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SYDNEY/LONDON—Shares firmed on Monday as optimism over corporate earnings and China’s reopening offset concerns the Bank of Japan (BOJ) might temper its super-sized stimulus policy at a pivotal meeting this week, while a holiday in U.S. markets made for thin trading. The yen climbed to its highest since May after rumours swirled the BOJ might…
SEC Crackdown on Crypto Continues With Charges Filed Against Gemini and Genesis
The Securities and Exchange Commission (SEC) is going after some of the largest crypto companies, by filing charges against Gemini and Genesis. The federal government’s legal crackdown on crypto is expanding, as the SEC charged some of the biggest names in the industry of operating illegal lending services on Jan. 12. The SEC and the…
Goldman Sachs Platform Solutions Business Lost $3 Billion in Nearly Three Years
NEW YORK—Goldman Sachs Group Inc. lost $3.03 billion in nearly three years on its platform solutions business that houses transaction banking, credit card and financial technology businesses. This is the first time that Goldman has given a detailed look into the financials for the consumer and fintech arms that were intended to diversify the Wall…
Fed’s Powell Noted ‘Balance of Risks’ in Rate Hike Path From 2018 Onwards, Transcripts Show
Two months before he became Federal Reserve chair, Jerome Powell urged a gradual approach to raising interest rates so that the U.S. central bank could more adequately assess the true strength of the labor market against tepid inflation, foreshadowing a cautiousness on policy that would persist under his leadership until the coronavirus crisis and its…
Wall Street Ends Higher as Company Earnings Season Kicks Off
NEW YORK—Stocks closed higher on Wall Street Friday to give the S&P 500 its best week in two months as earnings reporting season gets underway and CEOs begin to show how well or poorly they’re navigating high inflation and a slowing economy. The year has begun on Wall Street with optimism that cooling inflation trends…
Closing Prices for Crude Oil, Gold and Other Commodities (Jan. 13)
January 13, 2023
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Benchmark U.S. crude oil for February delivery rose $1.47 to $79.86 a barrel Friday. Brent crude for March delivery rose $1.25 to $85.28 a barrel. Wholesale gasoline for February delivery rose 5 cents to $2.53 a gallon. February heating oil rose 4 cents $3.26 a gallon. February natural gas fell 28 cents to $3.42 per…
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