DIRS.INFO The most relevant business & tech news

☆ Low weekly jobless claims, shrinking trade deficit boost US economic picture
▼ + stars: | 2023-10-05 | by ( Lucia Mutikani | ) www.reuters.com time to read: +7 min

Trade balanceExports of goods and services increased 1.6% to $256.0 billion. Goods imports dropped 0.9% to $256.0 billion amid declines in imports of consumer and capital goods, potentially flagging softening domestic demand amid higher borrowing costs. Cell phones and other household goods accounted for the drop in consumer goods imports. The decrease in capital goods imports reflected declines in semiconductors and electric apparatus. Services imports increased $0.1 billion to $58.4 billion, supported by travel and other business services.

Persons: Andrew Kelly, Christopher Rupkey, Unadjusted, nonfarm payrolls, Oscar Munoz, Goldman Sachs, Veronica Clark, Lucia Mutikani, Chizu Nomiyama, Andrea Ricci Organizations: REUTERS, Federal Reserve, Labor Department, Reuters, Employers, Institute for Supply Management, United Auto Workers, UAW, Ford, General Motors, Chrysler, Treasury, Challenger, Labor, Securities, Commerce Department, Goods, Services, Citigroup, Thomson Locations: Manhattan , New York City , New York, U.S, WASHINGTON, New York, Ohio, California

☆ Democratic Representative Henry Cuellar carjacked in Washington D.C. - Politico
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: 1 min

Rep. Henry Cuellar (D-TX) gives an interview in Laredo, Texas, U.S., October 9, 2019. Picture taken October 9, 2019. REUTERS/Veronica Cardenas/File Photo Acquire Licensing RightsOct 2 (Reuters) - Democratic Representative Henry Cuellar was carjacked in Washington D.C.'s Navy Yard neighborhood on Monday evening, Politico reported, citing three people familiar with the situation. Cuellar's office confirmed the account and said he was not harmed, Politico said. Reporting by Nilutpal Timsina in Bengaluru; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.

Persons: Rep, Henry Cuellar, Veronica Cardenas, Nilutpal, Christian Schmollinger Organizations: REUTERS, Democratic, Navy, Politico, Thomson Locations: Laredo , Texas, U.S, Washington, Bengaluru

A banner reading: "Abortion Out of the Penal Code" hangs from a building during International Women's Day, at the Zocalo Square in Mexico City, Mexico March 8, 2023. The ruling set a significant legal precedent and paved the way for the federal health system to begin providing abortion services and broaden access dramatically. But Mexican abortion rights advocates say the ruling's promise of expanding abortion access will not become a reality overnight and could depend on the political and legislative will of the federal government. Aside from safeguarding abortion patients and providers from prosecution, the ruling will have limited impact on access until the federal public health system starts providing abortion services. Xochitl Galvez, the senator chosen to represent the main opposition coalition, has broken from her center-right party’s anti-abortion platform to support abortion rights.

Persons: Quetzalli, Maria Antonieta Alcalde, IPAS, Alcalde, Andres Manuel Lopez Obrador, Claudia Sheinbaum, Xochitl Galvez, Veronica Cruz, Roe, Wade, Isabel Fulda, Gabriella Borter, Stephen Eisenhammer, Josie Kao Organizations: REUTERS, Mexico City, Regeneration, Mexico's, United States Supreme, Thomson Locations: Mexico City, Mexico, MEXICO, Coahuila, Latin America, Caribbean, America, United States, Guanajuato, U.S

CNN —Mexico’s Supreme Court ruled to federally decriminalize abortion on Wednesday, finding that the current ban on the procedure is unconstitutional. Abortion has already been decriminalized in 12 states in Mexico. A general view of the Supreme Court building. The country has become an unexpected haven for US residents after the US Supreme Court overturned Roe v. Wade in June 2022. Verónica Cruz, an abortion rights activists, told CNN in 2022 that she was surprised to find Mexico “going forward, and the US is going backward.”

Persons: CNN —, Henry Romero, Roe, Wade, Verónica Cruz Organizations: CNN, CNN — Mexico’s, Federal, Reuters, Reuters Mexico’s, US Locations: Mexico, Aguascalientes, America, Coahuila

☆ Newly Published, from Children’s Books to 1970s Counterculture
▼ + stars: | 2023-08-25 | by ( ) www.nytimes.com time to read: +1 min

(Minerva, $18.99, ages 4 to 8.) THE WALKING SCHOOL BUS, by Aaron Friedland and Ndileka Mandela. Interviews Friedland conducted with children in rural Africa and India inspired this moving tale of two enterprising siblings determined to find a safe way to get to school. A beguiling, anxious ragamuffin whose parents’ nomadic lifestyle lands her at a school where everyone else speaks French learns that imagination can heal. At recess she draws a “giant magic hopscotch,” and the hopscotch draws new friends.

Persons: Bruce Handy, Julie Benbassat, Aaron Friedland, Ndileka Mandela, Andrew Jackson Obol, Friedland, Marie, Louise Gay, ragamuffin, FLORA, Veronica Chambers Organizations: FLORA LA, Sujean Locations: Africa, India, Panamanian

☆ The goal for Fed Chair Powell in Jackson Hole is to 'not rock the boat', says Citi's Veronica Clark
▼ + stars: | 2023-08-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe goal for Fed Chair Powell in Jackson Hole is to 'not rock the boat', says Citi's Veronica ClarkVeronica Clark, Citi economist, and Jack Caffrey, JPMorgan Asset Management equity portfolio manager, joins 'Squawk Box' to discuss the Fed's Jackson Hole meeting, what's at stake for markets and the economy, latest market trends, and more.

Persons: Powell, Citi's Veronica Clark Veronica Clark, Jack Caffrey, Jackson, what's Organizations: Fed, Citi, JPMorgan Asset Management Locations: Jackson

☆ A Love Letter to Hip-Hop
▼ + stars: | 2023-08-05 | by ( Veronica Chambers | More About Veronica Chambers | ) www.nytimes.com time to read: +1 min

This article is also a weekly newsletter. To celebrate hip-hop’s birthday, the Projects and Collaborations team asked Mahogany L. Browne, Lincoln Center’s first-ever poet-in-residence and an acclaimed author, to write a love letter to the genre, composed entirely of lyrics both oft recited and obscure. In the resulting interactive piece, which is full of stunning archival photography, we’ve annotated the lyrics with information about the artists, songs and their significance in the history of hip-hop. “Each of the audio clips represents a voice, a feeling, a moment in the 50-year evolution of the music. “From the start we knew the conceit was to use lyrics and this found poetry structure, but how does that look on the page?” Fang said.

Persons: Mahogany, Browne, Lincoln Center’s, Browne “, ” Marcelle Hopkins, Alice Fang, Antonio de Luca, ” Fang, Fang, de Luca

☆ Slower, but still strong US employment growth expected in July
▼ + stars: | 2023-08-04 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

The Labor Department's closely watched employment report on Friday is still expected to show a tight labor market, with the unemployment rate steady near multi-decade lows, though wage growth probably moderated. Nonfarm payrolls likely increased by 200,000 jobs last month, after rising 209,000 in June, according to a Reuters survey of 80 economists. Still, employment growth would be double the roughly 100,000 jobs per month needed to keep up with the increase in the working age population. Striking Hollywood writers and actors also likely had no impact on employment growth. Though annual wage growth remains too high to be consistent with the Fed's 2% inflation target, it would be the latest indication of wage pressures continuing to subside into the third quarter.

Persons: Elizabeth Frantz, Sam Bullard, Nonfarm, Carl Riccadonna, Sung Won Sohn, Veronica Clark, Lucia Mutikani, Diane Craft Organizations: REUTERS, Federal Reserve, Labor, Fed, BNP, Labor Department's Bureau of Labor Statistics, Institute for Supply, Labor Department, Conference, Finance, Loyola Marymount University, Citigroup, Thomson Locations: Arlington , Virginia, U.S, WASHINGTON, Wells, Charlotte , North Carolina, New York, Los Angeles

Powell acknowledged as a positive development that inflation has fallen from the highs of last year without serious damage to the economy. "We'll be comfortable cutting rates when we're comfortable cutting rates, and that won't be this year," Powell said. 'MODERATE' GROWTHU.S. Treasury yields slid in choppy trading after the release of the Fed policy statement, while U.S. stocks ended largely unchanged. Futures markets showed little change in bets on the path of Fed rate increases over the remainder of the year, with small odds given to a rise in September. Though Powell said Fed staff had relaxed a prediction of a recession in coming months, outside analysts still think that's what it may take to finish the inflation fight.

Persons: Powell, Jerome Powell, Elizabeth Frantz Powell, what's, Kathy Bostjancic, nodded, Taylor Swift, he's, Veronica Clark, we're, Howard Schneider, Michael S, Safiyah Riddle, Paul Simao Organizations: Federal Reserve, Fed, Reuters, U.S . Federal Reserve, Federal, Committee, REUTERS, Treasury, Nationwide, Citi, Derby, Thomson Locations: WASHINGTON, U.S, Washington , U.S

☆ There's more downside risk than upside 'where we're trading now', says G Squared's Victoria Greene
▼ + stars: | 2023-07-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's more downside risk than upside 'where we're trading now', says G Squared's Victoria GreeneVeronica Clark, Citi economist, and Victoria Greene, G Squared Private Wealth CIO, join 'Squawk Box' to preview Wednesday's CPI data, the potential impact on markets, and more.

Persons: Victoria Greene Veronica Clark, Victoria Greene Organizations: Citi, Private Wealth

☆ US producer inflation subsides as energy, food prices drop
▼ + stars: | 2023-06-14 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

Reuters GraphicsGoods prices, which rose 0.2% in April, were last month depressed by a 6.8% tumble in energy prices. Gasoline prices plummeted 13.8%, accounting for 60% of the decrease in goods prices. The cost of services rose 0.2% after advancing 0.3% in April, driven by margins for automobiles and parts retailing. Excluding the volatile food and energy components, the so-called core goods prices edged up 0.1% last month, matching April's gain. The narrower measure of core PPI, which strips out food, energy and trade services components, was unchanged after inching up 0.1% in April.

Persons: Andrew Kelly, Christopher Rupkey, Veronica Clark, Jerome Powell, Lucia Mutikani, Chizu Nomiyama, Andrea Ricci Organizations: REUTERS, PPI, Labor Department, Federal Reserve, Reuters Graphics, Fed, Reuters, Treasury, Citigroup, CPI, Thomson Locations: Manhattan , New York City, U.S, WASHINGTON, New York, Ukraine

☆ The latest inflation readings are expected to show that prices are still rising
▼ + stars: | 2023-05-09 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

Stubbornly higher prices across multiple key categories of goods and services are expected to at least keep the inflation rate steady — and possibly even push levels up. That would put the respective annual inflation rates at 5%, essentially unchanged from March , and 5.5%, down just 0.1 percentage point. With inflation rising rapidly around this same time in 2022, the year-over-year comparisons should make the annual rate go down. "We continue to project inflation will ease over the course of the year with the headline CPI inflation dropping considerably in May and June as a result of base effects," UBS economist Jonathan Pringle wrote. April's nonfarm payrolls report also showed that average hourly earnings increased 0.5% on the month and 4.4% annually, both higher than expected.

☆ Facebook is gaining traction as a creator favorite and place to make money, according to new data. But Instagram is slipping.
▼ + stars: | 2023-05-05 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +3 min

Facebook surpassed Instagram as creators' favorite app in 2023, per a new report. While TikTok and YouTube are the top two "favorite" platforms for creators in 2023, Facebook has supplanted Instagram with 17% of surveyed creators naming the Meta-owned platform as their favorite. In 2021, only 14% of surveyed creators named Facebook as their top pick. For instance, Veronica Cannady — a content creator across Facebook, Instagram, TikTok, and YouTube — told Insider that she prefers Facebook over Instagram at the moment. "As YouTube and others started rolling out and doubling down on monetization, Facebook did the same," Bartoli said.

☆ 'Welcome to the recession:' Most of Wall Street still sees trouble ahead for the U.S. economy
▼ + stars: | 2023-04-27 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

In fact, excluding the drag from inventories, GDP growth actually would have been closer to 3.4%, well above trend. However, most economists and strategists on Wall Street think the U.S. economy is still on the path to recession. We continue to expect the drag from higher interest rates and tightening credit conditions to push the economy into a mild recession soon." Jim Baird, chief investment officer, Plante Moran Financial Advisors "For all the discussion of recession risk – which is very real – consumers remain willing and able to spend. Recession risks remain elevated; the first estimate of Q1 GDP confirms that the economy continues to slow.

☆ Economic growth likely was solid to start the year, but that could end the good news for a while
▼ + stars: | 2023-04-26 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

The U.S. economy likely grew at a solid pace to start the year, though things are expected to get worse before they get better. "It shows an economy that so far is resilient, weathering all kinds of storms so far and growing at pretty close to potential. Where the growth is So far, consumers have managed to withstand the higher rates. "We expect a solid 2.3% (QoQ SAAR) increase in Q1 real GDP, with details that appear even more positive for the economic backdrop. Despite rising debt levels and the prospects that financing will become more difficult to come by, consumers are in fairly solid shape.

Another quarter-point increase is expected, but policymakers have also said they are watching banking data closely for signs of stress or a larger-than-anticipated drop in lending. The minutes "will likely express confidence in the separability of price stability and financial stability." Still, the events on that March 10 weekend added new complexity to a Fed policy debate that had been singlemindedly focused on lowering inflation from levels that last year were more than triple the Fed's 2% target. New consumer price index data released Wednesday is expected to show headline inflation falling, but with a still-high level of underlying or "core" inflation likely to concern Fed policymakers. Reporting by Howard Schneider; Editing by Andrea RicciOur Standards: The Thomson Reuters Trust Principles.

☆ Jobs report should show increased growth and lower unemployment, says Citi economist Veronica Clark
▼ + stars: | 2023-04-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJobs report should show increased growth and lower unemployment, says Citi economist Veronica ClarkGabriela Santos, J.P. Morgan Asset Management global market strategist, and Veronica Clark, Citi economist, join 'Squawk Box' to discuss the economic metrics Clark is monitoring, how to measure the impact from recent economic woes and more.

☆ US labor market remains tight; Q4 labor costs revised higher
▼ + stars: | 2023-03-02 | by ( Lucia Mutikani | ) www.reuters.com time to read: +4 min

Those worries were further heightened by another report from the Labor Department on Thursday showing labor costs grew much faster than previously estimated in the fourth quarter. The labor market remains tight despite rising risks of a recession, contributing to keeping inflation elevated via solid wage gains. A second report from the Labor Department showed unit labor costs - the price of labor per single unit of output - increased at a 3.2% annualized rate last quarter. Labor costs rose at a 6.9% rate in the third quarter, and notched hefty gains in the prior two quarters. The unemployment rate at 3.4% in January was the lowest in more than 53 years.

☆ US weekly jobless claims decline further
▼ + stars: | 2023-03-02 | by ( ) www.reuters.com time to read: +2 min

Initial claims for state unemployment benefits dropped 2,000 to a seasonally adjusted 190,000 for the week ended Feb. 25, the Labor Department said on Thursday. It was the seventh straight week that claims remained below 200,000. Economists also speculate that severance packages were keeping some laid off workers from filing claims. Labor market resilience and stubbornly high inflation have increased the odds of the Fed raising interest rates at least three more times this year instead of twice. The so-called continuing claims, a proxy for hiring, covered the period during which the government surveyed households for February's unemployment rate.

☆ Strong U.S. jobs, wages growth expected in December
▼ + stars: | 2023-01-06 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

However, job growth would far exceed the pace needed to keep up with growth in the working-age population, comfortably in the 150,000-300,000 range that economists associate with tight labor markets. Household employment decreased in October and November, leading some economists to speculate that overall job growth was overstated. Yet the household survey tends to be volatile and most economists expect household employment would be revised toward nonfarm payrolls. "We would not be surprised to see an even larger rebound in household employment in December or over the coming months." But the trend in employment growth could slow significantly by mid-year.

☆ U.S. trade deficit widens as goods exports hit seven-month low
▼ + stars: | 2022-12-06 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

The trade deficit increased 5.4% to $78.2 billion. Surveys from the Institute for Supply Management this month showed measures of manufacturing and services exports stuck in contraction territory in November. But consumer goods imports dropped, pulled down by cell phones and other household goods as well as toys, games and sporting goods. The overall decline in consumer goods imports is in line with slowing demand for goods because of higher borrowing costs. Adjusted for inflation, the goods deficit increased $8.3 billion to $112.6 billion in October.

☆ U.S. services industry regains steam; factory orders accelerate
▼ + stars: | 2022-12-05 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

Economists shrugged off a survey from S&P Global confirming its services PMI was stuck in contraction territory in November. Thirteen services industries including construction, healthcare and social assistance, retail trade as well as professional, scientific and technical services reported growth last month. But information, wholesale trade and management of companies and support services reported a decline. Factory ordersIn November, the ISM's measure of services industry employment increased to 51.5 from 49.1 in October. The survey's measure of services industry supplier deliveries fell to 53.8 from 56.2 in October.

☆ Anchetatorii au stabilit ce au băut cei doi cioban care au murit intoxicaţi la o stână din raionul Teleneşti
▼ + stars: | 2021-06-22 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

Сei doi ciobani care au murit după ce au băut lichid dintr-o sticlă găsită la umbra unui copac s-ar fi intoxicat cu erbicide. Bărbatul care a rămas viu după ce a băut lichidul toxic se simte mai bine. Pacientul nu le-a putut spune însă doctorilor ce a băut. "Ei umblau des şi prin sat şi căutau alcool, întrebau de unde se poate de cumpărat. "Nu cred că au băut erbicide, cred că au băut altceva.

Persons: Deşi, Alexei Bivol, Veronica Cupcea, Elena Băietrău . Sâmbătă Locations: Teleneşti, Zahareuca

☆ Anchetatorii au stabilit ce au băut cei doi ciobani care au murit intoxicaţi la o stână din raionul Teleneşti
▼ + stars: | 2021-06-22 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

Сei doi ciobani care au murit după ce au băut lichid dintr-o sticlă găsită la umbra unui copac s-ar fi intoxicat cu erbicide. Bărbatul care a rămas viu după ce a băut lichidul toxic se simte mai bine. Pacientul nu le-a putut spune însă doctorilor ce a băut. "Nu cred că au băut erbicide, cred că au băut altceva. Sâmbătă, trei ciobani din Zahareuca au băut lichid de culoare roz dintr-o sticlă de 9 litri găsită pe câmp.

Persons: Deşi, Alexei Bivol, Veronica Cupcea, Elena Băietrău . Sâmbătă Locations: Teleneşti, Zahareuca

☆ Trei studente din cadrul UTM au participat la Simpozionul Științific International „Valori bibliofile”
▼ + stars: | 2021-06-20 | by ( Onixmedia Srl | ) diez.md time to read: +2 min

Trei studente din cadrul UTM au participat la Simpozionul Științific International „Valori bibliofile”Studentele Facultății Textile şi Poligrafie, programul Design si Tehnologii Poligrafice, anul II – Nicoleta Vasiliev, Daniela Iftodi și Daniela Mardari, însoțite de profesoara lor, Lucia Adăscalița, au participat la cea de-a XXX-a ediție a Simpozionului Științific International „Valori bibliofile”- 2021, secțiunea II: Ex-libris și grafică de carte, desfășurat pe 15-16 iunie, în incinta Bibliotecii Naționale a Republicii Moldova. Sinod, București, expert în bibliofilie și carte rară, care a venit cu „Câteva completări la bibliografia românească veche”. Iar Veronica Cosovan, șef secție Cartea veche și rară, Biblioteca Națională a RM, a evocat pagini importante din Perioada de aur a miniaturisticii moldovenești. Cu asemenea artiști-profesori și profesori-artiști tinerii studioși de astăzi au doza necesară de azimă pentru a se cultiva și afirma. Acest material a fost scris și redactat de echipa UTM.

Persons: Nicoleta Vasiliev, Daniela Iftodi, Daniela, Lucia Adăscalița, Valeriu Herța, dr . Policarp Chițulescu, Vasile, M . Kogălniceanu, Paul Gore –, Veronica, ILIE, SERGIU, Daniela Mardari Organizations: UTM, Naționale, Biblioteca Națională, RM Locations: Textile, Republicii Moldova, Sinod, București, Chișinău

Search resuls for: "Veronica C"

25 mentions found