On Thursday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers member Heather Boushey stated that the March PPI inflation data, which showed the highest level in almost a year, “tempers” worries in the wake of the
Pent-up demand, an aging population and a lack of funding are being blamed for elective surgery wait times blowing out to the longest on record following the release of a damning report. The latest Public Health Report Card, released on Friday by the Australian Medical Association, shows the median wait time for elective surgeries was […]
ANKARA, Turkey >> A moderately strong earthquake struck central Turkey on Thursday, the country’s disaster management agency said, causing damage to some buildings. There were no immediate reports of any deaths or serious injuries.
China's Crude Oil Imports Hit A Record High In 2023 By Tom Kool of OilPrice.com China’s crude oil imports hit a record high in 2023, rising by 10% year-over-year and breaking the previous record from 2020 when the world’s top crude oil importer took advantage of the price crash to gorge on cheap crude. Last year, China’s crude oil imports averaged 11.3 million barrels per day (bpd), up by 10% compared to 2022, according to Chinese customs data compiled by Bloomberg and the U.S....
Money helps shed light on which is a better investment: gold or stocks.
BEIJING, April 12 (Xinhua) -- China's total import and export of goods
Korean automobile exports reached a record $17.5 billion in the first quarter of this year, marking a 2.7 percent increase from the same period last year, according to the Ministry of Trade, Industry and Energy on Thursday. Automobile exports surged to $6.2 billion in March alone, following a slight dip to $5.2 billion the previous month. This boost was largely driven by the robust performance of hybrid vehicles, whi
Korean automobile exports reached a record $17.5 billion in the first quarter of this year, marking a 2.7 percent increase from the same period last year, according to the Ministry of Trade, Industry and Energy on Thursday. Automobile exports surged to $6.2 billion in March alone, following a slight dip to $5.2 billion the previous month. This boost was largely driven by the robust performance of hybrid vehicles, whi
BlackRock's assets under management surged 15% year-on-year to a record $10.5 trillion in the first quarter, as more people trusted the company to put their cash to work and markets performed well.The Wall Street titan grew its AUM by $1.4 trillion in 12 months, its first-quarter earnings revealed on Friday. The increase reflected a big net inflow of client funds and a positive market backdrop.BlackRock's revenue increased 11% to $4.7 billion, which helped boost its operating income by 18% to...
Biden Calls For Record High 44.6% Capital Gains Tax Rate By John Kartch of Americans For Tax Reform President Biden has formally proposed the highest top capital gains tax in over 100 years. Here is a direct quote from the Biden 2025 budget proposal: “Together, the proposals would increase the top marginal rate on long-term capital gains and qualified dividends to 44.6 percent.” Yes, you read that correctly: A Biden top capital gains and dividends tax rate of 44.6%. Under the...
Strengthening his selection case for the ICC T20 World Cup in his comeback season of the Indian Premier League on Wednesday, Delhi Capitals skipper Rishabh Pant showcased his batting pyrotechnics against former champions Gujarat Titans. The Delhi Capitals launched an all-out attack on veteran pacer Mohit Sharma in the final over of the DC innings on matchday 40 of the IPL 2024 at the Arun Jaitley Stadium.Pant's batting masterclass paved the way for Mohit to bag an unwanted record in the IPL....
BlackRock Inc.’s long-term investment funds took in $76 billion of net inflows in the first quarter, helping to push the world’s largest money manager to a record $10.5 trillion of client assets.