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New York CNN —Women living in states that restrict or ban abortion face greater economic insecurity than those living in states where they have access, new research finds. “In many of these states, especially the states which have banned abortion, many of the women who are facing economic challenges already are also women of color,” she said. Raising the minimum wage is a powerful tool that has been known to have significant impact on closing racial income gaps. But nearly two-thirds of abortion restrictive states have a $7.25 minimum wage, the lowest legal hourly wage for most workers in the United States. The average minimum wage across the 26 states is $8.17, lower than the average $11.92 for states with no restrictions.
Key moments in BOJ's monetary policy
  + stars: | 2023-01-18 | by ( ) www.reuters.com   time to read: +3 min
1999February - BOJ introduces zero interest rate policy. 2000August - BOJ raises short-term target to 0.25%, a move criticised as premature as Japan suffers a domestic banking crisis. 2001March - BOJ adopts quantitative easing (QE), shifts policy target from interest rates to pace of money printing. 2016January - BOJ adds negative interest rate policy, and applies a 0.1% charge to a small pool of excess reserves financial institutions park with the central bank. July - BOJ eases monetary policy, ramps up ETF buyingSeptember - BOJ adopts yield curve control (YCC), shifts policy target to interest rates from pace of money printing and introduces 10-year bond yield target of around 0%.
Dec 29 (Reuters) - U.S. crude oil inventories rose unexpectedly last week as imports climbed and exports fell, the Energy Information Administration (EIA) said on Thursday. Oil stocks at the Cushing, Oklahoma, delivery hub (USOICC=ECI) fell by 195,000 barrels in the last week, EIA said. Net U.S. crude imports (USOICI=ECI) rose by 1.33 million barrels per day, EIA said. U.S. oil product supplied last week rose to its highest since Dec. 2021, according to Wednesday's EIA petroleum status report. Distillate stockpiles (USOILD=ECI), which include diesel and heating oil, rose by 300,000 barrels in the week to 120.2 million barrels, versus expectations for a 2 million-barrel drop, the EIA data showed.
SYDNEY, Dec 16 (Reuters) - Asian equity capital markets activity, languishing at three-year lows now, is set to get a much needed boost in 2023 from China's expected re-opening to the rest of the world after a spate of COVID-19 lockdowns, dealmakers said. "As China's re-opening happens, market activity will come in stages," said Edward Byun, Goldman Sachs' co-head of equity capital markets in Asia ex-Japan, adding that secondary market trading and follow-on capital raisings would benefit first. IPOs in Asia Pacific, including Japan, fell by 43.3% this year in value terms, while total equity capital market deals plunged 52%, according to Refinitiv data. New share sales in Hong Kong plunged 74% to $7.4 billion this year from $28.17 billion in 2021, Refinitiv data showed. In India, IPOs were down nearly 60% to $7.13 billion from $17.05 billion, the Refinitiv data showed.
The average cost of travel insurance has increased over the past week, according to travel agency Squaremouth. Travel insurance weekly rates at a glance:Average premium: $263.25Average trip cost: $5,898.96Average trip length: 16 daysWhat is travel insurance? Average cost of travel insurance by most popular destinationsSome countries are naturally more expensive travel destinations due to higher flight and lodging costs, which could increase travel insurance costs. Policy type Average days between purchase to trip Average trip length (days) Average trip cost Average cost of travel insurance Cancellation 53 13 $5,898.96 $377.69 Non-cancellation 16 20 N/A $96.01Source: SquareMouthAverage cost of travel insurance by ageA traveler's age is a significant factor in determining the cost of travel insurance. When calculating your travel insurance premium, travel insurance providers consider the likelihood of a medical emergency.
Brent crude futures rose $1 or 1.3% at $78.17 per barrel by 0750 GMT, while U.S. West Texas Intermediate (WTI) crude futures gained $1 or 1.4% to $73.01 per barrel. Brent settled on Wednesday below the year's previous closing low touched on the first day of 2022, while U.S. West Texas Intermediate crude fell to its lowest for the year. While U.S. crude stocks fell last week, gasoline and distillate inventories surged, adding to concerns about easing demand. Gasoline stocks grew by 5.3 million barrels in the week to 219.1 million barrels, and distillate stockpiles, including diesel and heating oil, swelled by 6.2 million barrels, the Energy Information Administration said on Wednesday. U.S. crude production also trended higher, rising to 12.2 million barrels per day last week, its highest level since August, the EIA said.
Four of our Club holdings — Costco Wholesale (COST), Amazon (AMZN), Humana (HUM) and Bausch Health (BHC) — were in the news Thursday. Bausch Health The news: Bausch Health reported third-quarter results before the opening bell Thursday. Given the latter's roughly $4.73 billion market capitalization, Bausch Health's stake is worth approximately $4.2 billion. The reason behind Bausch Health trading consistently below the valuation of its BLCO stake is debt. Secured debt means that Bausch Health has put up assets as collateral, meaning in the event of default the lenders take ownership of the collateralized assets.
Cash flow Cash flow is king for companies like Coterra. Adjusted discretionary cash flow (cash flow from operations excluding changes in assets and liabilities) was $1.52 billion, below estimates of $1.62 billion. Half of the company's third-quarter free cash flow is going toward the dividend, as was the case with second-quarter free cash flow. Adjusted discretionary cash flow (cash flow from operations excluding changes in assets and liabilities) was $1.52 billion, below estimates of $1.62 billion. Half of the company's third-quarter free cash flow is going toward the dividend, as was the case with second-quarter free cash flow.
Wall Street jumps after BofA results, UK reversal
  + stars: | 2022-10-17 | by ( Chuck Mikolajczak | ) www.reuters.com   time to read: +4 min
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 7, 2022. Fellow financial Bank of NY Mellon Corp (BK.N) also benefited from higher interest rates, and its shares climbed 5.23%. Overall, higher rates boosted interest incomes for lenders in the third quarter, giving investors hope the current earnings season will be better-than-feared. The S&P 500 Growth index (.IGX) gained 3.57%,Tesla Inc (TSLA.O), Netflix (NFLX.O) and Johnson & Johnson (JNJ.N) are also expected to report results later in the week. The S&P 500 posted no new 52-week highs and 2 new lows; the Nasdaq Composite recorded 65 new highs and 122 new lows.
JAKARTA, Oct 17 (Reuters) - Indonesian e-commerce group Blibli, backed by of one of the country's biggest conglomerates Djarum Group, plans to launch an initial public offering next month to raise as much as 8.17 trillion rupiah ($528.29 million), the company said. Blibli's operator PT Global Digital Niaga plans to sell as many as 17.77 billion shares, 15% of total capital, at a price range of 410 rupiah to 460 rupiah a piece in a share sale offering set for Nov. 1-3, it said in a prospectus. The listing plan follows the $1.1 billion IPO of GoTo Group, Indonesia's biggest tech firm, earlier this year and the 2021 $1.5 billion IPO of competitor BukaLapak. Blibli will use 5.5 trillion rupiah of the proceeds to pay back bank loans, with the rest to be used as working capital to develop its platform. ($1 = 15,465.0000 rupiah)Register now for FREE unlimited access to Reuters.com RegisterReporting by Gayatri Suroyo and Fransiska Nangoy Editing by Ed DaviesOur Standards: The Thomson Reuters Trust Principles.
The move lifted British bond prices and pushed global benchmark yields lower. read moreMuch to the market's relief, Fed Chair Jerome Powell did not comment on monetary policy or the U.S. economic outlook on Wednesday. Among the 11 S&P 500 sector indexes, technology (.SPLRCT) was the sole decliner, down 0.5% due to Apple's drag. read moreEli Lilly & Co , which is also developing an Alzheimer's drug, rose 8.17% and was among the biggest boosts to the S&P 500 index. The S&P index recorded one new 52-week high and 30 new lows, while the Nasdaq recorded 21 new highs and 192 new lows.
Europa este totodată prima regiune a lumii care a depăşit pragul de 500.000 de decese asociate maladiei COVID-19, pe 17 decembrie. Marea Britanie, unde a fost detectată noua tulpină a virusului SARS-CoV-2, este ţara în care epidemia a accelerat cel mai mult (+61%) dintre statele care au înregistrat peste 1.000 de cazuri zilnice pe parcursul ultimelor şapte zile. Un studiu publicat joi online, dar care nu a apărut deocamdată într-o revistă ştiinţifică, a confirmat că noua variantă a virusului este "cu 50% până la 74%" mai contagioasă decât tulpinile aflate până acum în circulaţie. Noi restricții, în așteptarea vaccinuluiItalia, cea mai afectată ţară din Europa (70.000 de morţi), a intrat într-o nouă fază de restricţii până pe 6 ianuarie, marcată de limitarea deplasărilor. Vineri, Danemarca a închis magazinele non-esenţiale, iar noi restricţii au intrat în vigoare în provincia canadiană Quebec, inclusiv telemunca obligatorie şi închiderea magazinelor non-esenţiale până pe 11 ianuarie.
Organizations: Uniunea Europeană Locations: Europa, Azerbaidjan, Rusia, SUA, Canada, America Latină, Caraibilor, Asia, Agerpres, Italia, Austria, Irlanda, Viena, Danemarca, canadiană Quebec, Dover, englez, Canalul Mânecii
Per total, candidata PAS, Maia Sandu, a adunat 943.006 de voturi, iar contracandidatul său, Igor Dodon, a obținut 690.615 de voturi. Maia Sandu. Maia Sandu a reușit să se impună în sectoarele Botanica cu 36.587 voturi sau 50,64%. Igor Dodon a obținut în raionul Ialoveni 19.63% sau 8.170 de voturi. Rezultatele preliminare finale arată că Maia Sandu a acumulat 57,75% dintre voturi, iar Igor Dodon – 42,25%.
Persons: Maia Sandu, Petru Lucinschi, Igor Dodon, Sandu, Dodon, Violeta Ivanov, Renato Usatîi Organizations: Partidului, Maia Sandu . Locations: Republicii Moldova, transnistria, Republica Moldova, străinătate, Maia, Ungheni, Rezina, Cahul, Căușeni, Anenii Noi, Orhei, Sîngerei, Bălți, Fălești, Drochia, Ialoveni, Hâncești, Maia Sandu . Cahul
Peste 1000 de persoane sunt internate la Terapie intensivă FOTO EPA-EFEPână astăzi, 7.540 de persoane diagnosticate cu infecţie cu SARS – CoV – 2 au decedat. Dintre acestea, 5 decese au fost înregistrate la categoria de vârstă 40-49 de ani, 12 decese la categoria de vârstă 50-59 de ani, 37 decese la categoria de vârstă 60-69 ani, 38 decese la categoria de vârstă 70-79 ani şi 29 decese la categoria de peste 80 de ani. 112 dintre decesele înregistrate sunt ale unor pacienţi care au prezentat comorbidităţi, 1 pacient decedat nu au prezentat comorbidităţi, iar pentru 8 pacienţi decedaţi nu au fost raportate comorbidităţi până în prezent. Dintre acestea, 37.685 au fost efectuate în ultimele 24 de ore, 21.622 în baza definiţiei de caz şi a protocolului medical şi 16.063 la cerere. De asemenea, de la ultima informare făcută de GCS, au fost raportate şi rezultatele a 57 teste prelucrate anterior ultimelor 24 de ore şi transmise până la data de 5 noiembrie.
Organizations: Emiratele Arabe Unite Locations: Alba, Arad, Argeş, Bacău, Bihor, Bistriţa, Năsăud, Botoşani, Braşov, Călăraşi, Caraş - Severin, Constanţa, Covasna, Dâmboviţa, Dolj, Galaţi, Gorj, Harghita, Ialomiţa, Iaşi, Mehedinţi, Mureş, Neamţ, Olt, Prahova, Sălaj, Sibiu, Suceava, Teleorman, Timiş, Tulcea, Vâlcea, Vaslui, Vrancea, Ilfov, Municipiul Bucureşti, Bucureşti, Cluj, Italia, Spania, Franţa, Germania, Ungaria, Olanda, Namibia, SUA, Austria, Belgia, Japonia, Indonezia, Elveţia, Turcia, Islanda, Belarus, Grecia, Cipru, India, Ucraina, Emiratele Arabe, Argentina, Tunisia, Irlanda, Luxemburg, Malta, Brazilia, Bulgaria, Kazakhstan, Suedia, Republica Congo, Qatar, Vatican, Portugalia, Egipt, străinătate
Până la ora 13.00 peste 20 % din alegători și-au exercitat dreptul de votAstăzi, 1 noiembrie, în Republica Moldova se desfășoară alegeri prezidențiale. Violeta Ivanov, candidata partidului „ȘOR”, și-a exprimat dreptul de vot: „Am votat pentru a șterge diferența dintre sat și oraș”. „Ploaia presupune liniște și calm, pentru asta am și votat.” Președinta parlamentului, Zinaida Greceanîi, a votat. „Am votat pentru o Moldovă de mâine.” Andrei Năstase, candidatul platformei DA la prezidențiale, și-a exprimat dreptul de vot. Sandu a menționat că a votat pentru bunăstarea Republicii Moldova.
Persons: Maia Sandu, Igor Dodon, Andrei Năstase, Renato Usatîi, Violeta Ivanov, Octavian, Dorin Chirtoacă, Tudor Deliu, Ion Ceban, 10.18, Zinaida Greceanîi, Octavian Țîcu, Sandu, Chicu, 7.13 ., Renato Usatîi (Partidul Nostru) Organizations: Partidul, Electorală Centrală, Partidului Unității Naționale, 8.17, Centrală, CEC, 7.13, 7.13 . Facebook, Ministerului Sănătății, Igor Dodon, Octavian Țîcu (PUN), Dorin Chirtoacă (Blocul UNIREA), Tudor Deliu (PLDM), Renato Usatîi, Maia Sandu, Dorin Chirtoacă Locations: Republica Moldova, PLDM, China, Moldovei, Ocnița, Capitală, Bălți, Chișinău, Republicii Moldova, transnistreană, România
На опасениях, что «вторая волна» коронавируса уже начала подрывать спрос в то время, как страны ОПЕК+ наращивают добычу, фьючерсы на сорт Brent обновили минимумы за 2 недели. Саудовская Аравия в сентябре нарастила экспорт на 500 тысяч баррелей в сутки и довела его до рекордных с мая 6,2 млн баррелей в день. После снятия блокады активно наращивает добычу Ливия, качающая уже 300 тысяч баррелей в сутки (против 80 тысяч месяц назад). «Рост числа зараженных коронавирусом в мире и снижение перемещений людей ставит под вопрос дальнейшие перспективы восстановления спроса» на нефть, констатируют аналитики Промсвязьбанка. В ближайшей перспективе нефть может подешеветь до 38 долларов за баррель Brent, прогнозирует ПСБ.
Persons: Brent, Bloomberg Flightradar, Тамас Варга Organizations: PVM Oil Associates, Bloomberg, Ryanair, Lufthansa, ОПЕК+, ICE, ОПЕК, PVM Oil Associates, Транснефть, НПЗ, Bloomberg, Flightradar, Ryanair, Lufthansa, Промсвязьбанк, ПСБ Locations: Нью-Йорк, Россия, Саудовская Аравия, Ливия, Европа, Испания, Мадрид, Финляндия, Франция, Нидерландах
Total: 16