No Data
No Data
Investors' enthusiasm for treasury bills has cooled when the US debt ceiling is undecided
Although large amounts of money are floating around in the financial system, many investors have not actively participated in the recent issuance of treasury bills. This nonchalance stems from uncertainty over what is known as Day X — the date the US Treasury exhausted its borrowing authorization based on the debt ceiling. Furthermore, the Treasury Department is also somewhat confused about supply issues, and investors have invested a record $1.087 trillion in the Federal Reserve's reverse repurchase operation to earn slightly higher returns. Further reading: The scale of use of the Federal Reserve's reverse repurchase tool surged to a record high of $1.087 trillion, the Ministry of Finance issued $40 billion on Thursday
The growing shortage of healthcare workers in the US has brought some healthcare systems to the limit once again
According to data from the US Department of Health and Human Services (HHS), there is a serious shortage of healthcare workers in more than a dozen states. In Texas and Hawaii, hospitals are setting up tents to expand space. The federal government sent hundreds of ventilators to Florida, rarely using the ventilator national strategic reserve. Meanwhile, in some states with severe epidemics, hospitals say their reception capacity is reaching saturation, once again selectively canceling surgeries and refusing to accept referrals. This is also a wake-up call for places where the number of cases has just begun to pick up. “Our most important thing is lack of people,” Healthcare Association of H
Powell: there is still some way to go before considering raising interest rates
Powell, chairman of the Federal Reserve, said at a press conference after the interest rate resolution that there is still some way to consider raising interest rates, and it is obviously not time for the Fed to raise interest rates. Powell reiterated that the economy is still some way from making substantial progress. The Fed left the target range of the federal funds rate unchanged at 0-0.25% on Wednesday and said the economy was making progress towards meeting the conditions for underweight bond purchases.
Powell: the timing of adjusting asset purchases will depend on economic data
Fed Chairman Powell said at a press conference after the interest rate resolution that the Fed will continue to buy Treasuries and mortgage-backed securities (MBS) until progress is made. Powell said the Fed assessed those considerations on how to adjust asset purchases, and the timing of the adjustment would depend on economic data. Powell said the Federal Open Market Committee (FOMC) will continue to evaluate the goals of maintaining price stability and achieving full employment and will continue to provide more transparency on policy considerations. The Federal Reserve kept its benchmark interest rate at near zero on Wednesday in line with market expectations.
Michael Weiner Succeeds Edward Fitzpatrick As Genpact CFO
Genpact Ltd (NYSE:G) appointed Michael Weiner as the CFO, effective Aug. 10.Weiner succeeds Edward Fitzpatrick, who has served as Genpact's CFO since 2014. Fitzpatrick will remain with the company as
Us sunscreen carcinogen fermented CVS announced suspension of sale after Johnson & Johnson
CVS Health, the second-largest drugstore operator in the US, announced on Thursday that it had suspended the sale of two sunscreen products under its aloe vera brand after reports that some sunscreen products in the US market contained high levels of benzene, a chemical that can cause leukemia. A spokesman for CVS said the suspension of the two products was a matter of caution and that the company was working with suppliers of both products to "take appropriate additional steps". Earlier this week, Johnson & Johnson announced that it would recall five sunscreen sprays of Neutrogena and Aveeno brands from the market because of the possibility
No Data