By Chris Taylor NEW YORK (Reuters) – For generations, society has grappled with the question of whether money brings happiness. Now a new book has some answers – with the data to back it up. The easy answer, according to Robert Waldinger and Marc Schulz, authors of “The Good Life”: No, money will not buy …
What the world’s longest happiness study says about money Read More »
By Michael S. Derby (Reuters) – Lending officers at major banks told the Federal Reserve that in the final three months of last year they tightened standards and saw reduced demand across a wide array of business and consumer credit fronts. The Fed reported Monday in its January Senior Loan Officer Opinion Survey that the …
Fed loan officer survey finds tighter loan standards, reduced demand Read More »
WASHINGTON (Reuters) – U.S. President Joe Biden will insist in his State of the Union address that raising the debt limit of the United States is not negotiable and should not be used as “bargaining chip” by U.S. lawmakers, his top economic adviser Brian Deese said on Monday. “This bedrock idea that the United States …
Biden will insist that raising debt limit is not ‘bargaining chip’ -White House Read More »
By Ted Hesson WASHINGTON (Reuters) – Private companies have committed to invest $4.2 billion in northern Central America as part of an effort by U.S. Vice President Kamala Harris to reduce migration by targeting economic development, the White House said on Monday. The latest figures, up from $3.2 billion announced in June 2022, stem from …
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WASHINGTON (Reuters) – As Democratic President Joe Biden and House of Representatives Speaker Kevin McCarthy gird for a protracted battle over raising the United States’ $31.4 trillion debt ceiling, some observers have suggested possible workarounds to avoid disaster if the two sides do not reach a deal. Here are some of their proposals: PLATINUM COIN …
Possible U.S. debt-ceiling workarounds to avoid default Read More »
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) -Hedge funds betting against stocks globally abandoned those trades last week at the fastest pace since 2015, surpassing the speed of their exodus from the meme stock frenzy two years ago, according to a Goldman Sachs research note. The latest short squeeze, implying that stock prices …
Hedge funds caught in bigger squeeze than 2021 meme stock frenzy – Goldman Sachs note Read More »
By Brad Brooks (Reuters) -A leading conservation research group found that 40% of animals and 34% of plants in the United States are at risk of extinction, while 41% of ecosystems are facing collapse. Everything from crayfish and cacti to freshwater mussels and iconic American species such as the Venus flytrap are in danger of …
Exclusive-Huge chunk of plants, animals in U.S. at risk of extinction -report Read More »
By Christian Akorlie ACCRA (Reuters) -Ghana’s finance minister told a group of protesting retiree bondholders on Monday they were being a offered a good deal, as the government of the struggling West African nation pushes to get a domestic debt exchange over the line by Tuesday. Ghana launched a debt swap plan in December as …
Ghana debt swap deal ‘good for you’, finance minister tells retirees Read More »
By Brian Benza GABORONE (Reuters) – Botswana expects economic growth of 4% this year while targeting medium-term growth of 5.7%, and the government plans to ramp up infrastructure investment, its finance minister said on Monday. The diamond-rich southern African country now sees its 2023/24 budget deficit at 3.06% of gross domestic product (GDP), compared with …
Botswana sees 2023 growth of 4%, plans infrastructure drive Read More »
(Reuters) -Chevron Corp has opened talks with Algeria to allow the U.S. oil firm to undertake energy exploration in the North African country, the Wall Street Journal reported on Monday. The company has sent representatives in government relations, security and business development to the capital Algiers, some of whom have met Algerian officials in the …
Chevron in talks with Algeria for energy exploration deal – WSJ Read More »
