The Bank of England at its meeting on Thursday is expected to keep its policy matrix unchanged as it downgrades its economic outlook and publishes its view on the use of negative interest rates. … READ MORE >
Blog
Reeling from the pandemic, hospitality industry struggles to adapt
COVID-19 has displaced hotel owners and stripped properties of guests and reliable revenue streams. In addition, travelers are not yet returning to normal patterns. … READ MORE >
Coronavirus update: The post-holiday surge eases
January was the worst month of the pandemic, with nearly 98,000 U.S. deaths attributed to COVID-19. Now, though, the totals are easing, with new cases receding to 151,000 per day by the end of January. … READ MORE >
How SPACs and direct listings are reshaping the capital markets
The volume and dollar value of public listings went on a tear last year as private companies took advantage of a bullish stock market to raise cash at attractive valuations. … READ MORE >
Comptroller of the Currency puts the fair access rule on hold
Under the rule, banks with assets in excess of $100 billion would have been required to do business in industries that are increasingly becoming unpopular given shifting societal values – like oil producers and manufacturers of firearms. … READ MORE >
U.S. personal income and savings: Households are building impressive cash positions
Americans’ personal income increased by 0.6% in December, driving savings positions higher. The gains are creating the conditions for what we believe will be a consumer-led boom in the second half of the year. … READ MORE >
5 things to know in life sciences: Week of Jan. 25
This week’s roundup includes reads about a crucial shift in the life sciences ecosystem; the interplay between the digital future of life science, the development of next generation therapeutics, and the promise of personalized medicine. We also take a look at news about COVID-19 variants and drug pricing. … READ MORE >
RSM US Manufacturing Outlook Index: Mixed results and a potential pause in the recovery
Sentiment among manufacturers has receded again because of a rapid spread of COVID-19 that has taken a toll on the labor market, consumer demand and the economy. … READ MORE >
Why Biden’s $1.9 trillion stimulus package would be a boon for Canada
Joe Biden’s proposed $1.9 trillion fiscal aid package would not only provide a significant stimulus for the United States, but it would also have a big effect on the Canadian economy. … READ MORE >
CHART OF THE DAY: New home sales bounce back
New home sales bounced back to 842,000 in December, representing a 1.8% increase over the previous month, the Commerce Department reported on Thursday. … READ MORE >