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Global currency reserves: BRIC economies not supplanting U.S. any time soon
Dec 2, 2024 BY Joseph Brusuelas
O about $12.5 trillion in total global currency reserves, China accounts for but a fraction with $245 billion. The United States, by contrast, accounts for $6.67 trillion. ... READ MORE >Main Content
Business and professional services, USA
Facility services firms focus on tech and sustainability in Q3 earnings calls
By Tony Bilotta
The facility services industry is undergoing significant transformation, driven by innovation, sustainability and strategic growth initiatives. … READ MORE >
Inflation proving stubborn as major policy changes await
given the looming fiscal and trade policy changes, it is growing more likely that the central bank will pause its rate-cutting campaign to ascertain their impact on the economy. … READ MORE >
Durable goods orders were mixed in October as Q3 GDP remained strong
By Tuan Nguyen
Business spending on equipment was mixed in October, likely because of uncertainty over the direction of fiscal and monetary policies, the Commerce Department reported on Wednesday. … READ MORE >
Initial jobless claims remain stable at 213,000
First-time jobless claims remained remarkably stable at 213,000 as continuing claims increased to 1.9 million for the week ending Nov. 23. … READ MORE >