Weekly Digest – November 16, 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Fed hints that it may soon slow interest rate hikes Federal Reserve Vice Chair Lael Brainard indicated Monday that the central bank could soon ease up on its aggressive interest rate hikes, saying that it may soon be appropriate to move to a slower pace. Stock market steadies as…  Read more

Business Update – November 9, 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Oil prices dip in response to China’s Covid containment strategy As rumors swirled that China would be easing its zero-Covid policy, oil prices began to climb. However, they fell again on Monday when Chinese government officials signaled that the government has no intention of changing directions. Sweeping changes continue…  Read more

Business Update – November 2, 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. The Dow Jones had a really great October The Dow tumbled a bit on October 31, but despite that was still up 14% for the month. That means it had its best monthly gain since January 1976. Most people have stopped making retirement contributions A new report from Allianz…  Read more

Business Update – October 26, 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Stock markets start the week strong All three major indexes were up on Monday – a welcome change from the volatile conditions of recent months. Investors seem optimistic as we await earnings calls, with numbers from big tech firms expected later this week. Goldman Sachs fears “accidental recession” Goldman…  Read more

Business Update – October 19, 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Recession likely, but not yet certain Economists have been warning of a “perfect storm” of conditions pointing to a serious recession for most of the year, but some economists are still saying that it’s not a certainty yet. Time to apply for student loan forgiveness President Joe Biden announced…  Read more

Business Update – October 12, 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Former US Federal Reserve chief wins Nobel prize Former US Federal Reserve chief Ben Bernanke, who led the central bank during the 2008 financial crisis, is one of three recipients of this year’s Nobel prize in economics. Bank of England strengthens emergency stimulus The Bank of England will double…  Read more

Business Update – October 5, 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Wall Street starts the month a little stronger than before In what many are hoping is a new trend for October, the Dow Jones, Nasdaq, and the S&P 500 were all up for the first trading day of the month. Experts are split on whether this trend is sustainable,…  Read more

Business Update – September 27, 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. British pound may sink below $1 US After the new UK government’s mini-budget announcement on Friday that revealed new economic policies, the GBP sunk to its lowest level since 1985 – ending last week at US$1.09. Interest rate hike causes world economy to wobble The US Federal Reserve raised…  Read more

Business Update – September 21, 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. How another interest rate hike could affect you The Federal Reserve is set to hike rates by another 0.75 percentage points at its meeting this week. CNBC breaks down how it could affect you here. The role of the CFO is changing While in the past the job of…  Read more

Business Update – August 31, 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Government tries to help those left out of student loan forgiveness The Education Department is exploring strategies to do something to help the nearly 5 million people whose student loan debt forgiveness was “overlooked”. Former students who borrowed under the FFEL program are excluded from the loan forgiveness program,…  Read more

Business Update – August 23, 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Stock futures fall ahead of economic symposium Fears of aggressive interest rate hikes returned to Wall Street this week as stock futures fell. Investors are anticipating a volatile week as the Fed holds its annual Jackson Hole economic symposium. Home showings and deals are down as mortgage rates lower…  Read more

Business Update – August 17, 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Stock futures flat after modest gains Opening another uncertain week, stock futures were flat after modest gains on Monday. Energy and financials initially dragged markets down, but later in the day, consumer staples, communication services and consumer discretionary stocks rallied. IRS announces interest rate increases that will apply to…  Read more

Business Update – August 10, 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Payrolls increase in July The Bureau of Labor Statistics reported on Friday that hiring in July was far better than expected, with payrolls increasing by 528,000. The surprising number is a sign of strength for the jobs market. Workers in only two industries making wages in line with rising…  Read more

Business Update – August 3, 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Gold makes steady gains early in the week A weaker dollar and a dip in US Treasury yields boosted demand for gold on Tuesday amid mounting worries of an economic slowdown. American manufacturing rates slip New numbers from the Institute for Supply Management show that manufacturing pace dipped in…  Read more

Business Update – July 26, 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Social media shares tumble, but traders feel optimistic Stocks wobbled last week as investors digested new corporate earnings information. Social media companies took the brunt of the fall, with disappointing results announced all around. Twitter blames Musk for value drop Twitter shares were down last week as results missed…  Read more

Business Update – July 19, 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Apple leads the stock market down U.S. stocks fell sharply into the final hour of trading Monday . News that Apple plans to curb spending next year to prepare for a possible recession seemingly had a major effect on other stocks. Delta buys a hundred Boeing 737 Max 10’s…  Read more

Weekly Digest – July 12, 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Twitter set to sue Elon Musk Twitter and Elon Musk are set to go to court, after the social media giant vowed to sue Musk over backing out of the $44 billion buyout deal. Stock markets open low U.S. stocks fell at the beginning of the week as investors…  Read more

Business Update – July 6 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Stock futures show signs of picking up this week Stock futures inched higher at the beginning of this shortened holiday week. This was welcome news from analysts, after coming off of another weak finish on Friday. Thousands of flights canceled over holiday weekend Travelers showed up in record numbers…  Read more

Business Update – June 29 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Exxon CEO predicts every car sold will be electric by 2040 Darren Woods said during an interview last week that the bold prediction is not a threat to Exxon’s business. He stated that even with the change, oil demand would only drop down to 2013-2014 levels, which was still…  Read more

Business Update – 22 June 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. After bad end to last week, stock futures see slight improvement The stock market showed hints of improvement on Monday. Emerging after last week’s freefall, investors questioned if last week’s selloff had gone far enough to price in concerns about rising rates and slowing growth. Gas prices ease a…  Read more

Want to grow your business? Contact Us Now