The Consumer Confidence Index is a key measure of consumer optimism. It is released each month by The Conference Board, a U.S.-based provider of economic data and analytics. The index has a benchmark ...
The main culprit behind this pessimistic longer-term outlook is a weakening labor market. In July, the national unemployment rate jumped to a three-year high of 4.3% while annual wage growth fell to a ...
Market participants betting against the world's third-largest exchange-traded fund stand to make an estimated $9.6B this year in mark-to-market paper profits, following Wall Street's biggest crisis ...
Rare-earth elements (RREs), often called rare-earth metals, are a group of 17 elements that have become the focus of intense international debate and negotiation. Unless you majored in science or ...
NEW YORK, Oct 27 (Reuters) - Mark-to-market accounting is unlikely to go away, and it shouldn't, a prominent banking analyst said on Monday. Sign up here. Critics say the accounting method has ...
What is fair value? Financial Accounting Standard 157 is quite prescriptive, defining it as “the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction ...
If the government doesn’t want to take this route but still wants to reduce the risk of bank insolvency arising from P&L hits on troubled mortgage assets, there might be an even quicker, cheaper way.
Understandably, the U.S. Federal Reserve (the Fed) is typically not the topic du jour at your local bar or around the office watercooler. In fact, suggesting a group discussion about the Fed at your ...