Author: Press Room

By Andrea Shalal WASHINGTON (Reuters) – International Monetary Fund chief Kristalina Georgieva said she told China’s new top economic official, Li Qiang, that China must accelerate its work to reach debt restructuring agreements for countries like Zambia, Ghana and Ethiopia. Georgieva, who met with Li and other top Chinese officials during a visit to China last month, said on Thursday that she found Li very approachable and pragmatic, and he assured her that he wants China to play a constructive role in resolving debt relief cases. “The truth is, and I was … very straightforward on that, it takes far…

Many investors and some traders may remember the stock market performance in the last quarter of 2018. Before the 1st quarter of 2020 “the last quarter of 2018 ranks as the 11th worst quarterly performance for global stocks over the last 48 years”. On December 10th, 2018, the bullish % according to the American Association of Individual Investors dropped to 20.9% which was the lowest reading since February 2016. Some analysts were looking for a recession in 2019 as the Dow Industrials December 2018 decline of 8.7% was the worst since 1931. The stock market in 2018 rallied after Christmas…

Marcia S. Wagner, Esq., President/Founder of The Wagner Law Group in Boston, is one of the nation’s most notable ERISA attorneys. She founded The Wagner Law Group over 25 years ago after a decade of practicing employee benefits law. She graduated summa cum laude and Phi Beta Kappa from Cornell University and is a graduate of the Harvard Law School. Wagner is one of a handful of “go-to” lawyers for ERISA law, regulation, and litigation. Indeed, as her online bio describes, “a recent Court decision cited her expert testimony as having been pivotal to the outcome, finding her ‘experience with…

Whether expected or not, the upheaval of job loss gives you much to think about. Don’t forget any stock options or restricted stock units (RSUs) that you were granted and are still available to you. Too many departing employees forfeit valuable potential gains from their equity awards because they were unaware of the post-termination rules, or even the vesting dates, of their grants. The danger is real. Sudden layoffs have recently erupted at many companies, including corporate tech giants such as Amazon, Google, Meta, and Microsoft. You want to be sure you take as much extra compensation for the road…

U.S equity futures rose slightly Sunday evening as investors looked ahead to key inflation data and the start of first-quarter earnings season.Futures tied to the broad market S&P 500 rose 44 points, or 0.2% and Dow Jones Industrial Average futures edged up 0.1%. Nasdaq 100 futures advanced 0.2%.On Thursday, the major averages rose to end a holiday-shortened trading week. However, only the Dow notched a weekly gain of 0.6% while the S&P 500 and Nasdaq Composite posted weekly losses, ending lower by 0.1% and 1.1%, respectively.The market was volatile as economic data showed signs of a weakening labor market. The March jobs…

The US labor market has kept trucking right along even as other areas of the economy have slowed. But that once high-octane ride is showing some signs of wear and tear amid the Federal Reserve’s yearlong efforts to cool inflation by suppressing demand. Job cuts are mounting, hiring activity is losing momentum, and uncertainty is simmering as to how the banking sector’s recent tumult could ripple through the economy. “I think the image, for me, that most sums up where we are in the labor market is the image tweeted by Bloomberg’s chief economist, which shows that mentions of job…

Watch full video on YouTube

Dogecoin and Shiba Inu are two of the most well-known joke crypto assets in the emerging crypto industry. However, both have largely underperformed due to their lack of real-world utility.In a fast-growing world where technology is changing how we connect with the world around us, having a voice is becoming even more important by the day. A new meme coin is facilitating a sanction-free voting mechanism for the future. Called Love Hate Inu, the vote-to-earn (V2E) project allows users to vote on any trending public issues and earn cryptocurrencies for letting their opinions known.Shiba Inu Mascot New Face of TwitterThe whole world…

Watch full video on YouTube

President and COO Daniel Pinto has been tapped to act as “sole CEO” in case of an emergency. But the board is also grooming several other top execs “as strong potential CEO candidates.” We’ve got names and faces for more than 100 top JPMorgan leaders across investment banking, and more. As the largest bank in the United States by assets, JPMorgan Chase has long served as a bellwether for both legacy competitors and startups alike. The bank’s CEO and chairman, Jamie Dimon, has consequently been a leading voice shaping both Wall Street and Main Street for decades. Dimon has steered JPMorgan…