News
U.S. Dollar Extends Gains on Rate Speculations
Friday’s Strong Job Data Bolster Economic Outlook New York, NY — The U.S. dollar rose against some major currencies today as last week’s strong job data bolstered the economic prospects in the world’s largest economy. The WSJ Dollar Index, which.
U.S. Dollar Rises, Bonds Fall on Strong Job Growth
Bullish Job Report Fuels Rate Hike Expectations New York, NY — The U.S. dollar rose and government bonds fell as the July employment report pointed to a solid labor market, potentially giving the Federal Reserve a little more room to.
Study: Aging Workforce Slowing U.S. Productivity, Economic Growth
Rapidly Aging Workforce Slowing Growth New York, NY — Rapid retirements deprive companies of critical experience and knowledge, which undermines productivity across the entire economy and hurts economic growth, according to a new study by Nicole Maestas of Harvard University.
U.S. Trade Deficit Widens to 10-Month High
Higher Consumer Demand, Energy Cost Fuel Imports New York, NY — The U.S. trade deficit rose to a 10-month high in June as consumer demand and higher energy prices fueled imports, according to data released by the U.S. Department of.
Study: Parents Saving to Fund Kids’ Education, Not Retirement
Most Children Believe Parents Should Fund Their Education New York, NY — More American parents are saving money to fund their kids’ education than for their own retirement, according to T. Rowe Price’s “2016 Parents, Kids & Money” survey. About.
Telus Beats Profit Forecast, Raises Dividend
Strong Subscriber growth in Wireless Helping New York, NY — TELUS Corporation (TSE:T), one of Canada’s big three telecommunications companies, posted better-than-expected earnings and said it’ll boost its quarterly dividend to CA$0.46 per share, an increase of $0.04 from last.
Buckeye Partners, L.P. Hikes Distribution 4.3%
This MLP Now Yields 6.7% Energy partnerships can do well even when oil prices are down. Buckeye Partners, L.P. (NYSE:BPL) just proved this point again. On August 5, Buckeye announced that its general partner declared a cash distribution of $1.2125.
Sonic Corporation Hikes Dividend by 27%
Growth Strategy Generating Significant Cash New York, NY — Sonic Corporation (NASDAQ:SONC), the nation’s largest chain of drive-in restaurants, said its board has approved a 27% increase today in dividend payout beginning in the first quarter of the fiscal 2017..
Study: Aging Population to Slow Down U.S. Economic Growth
Aging Population Could Impact Worker Productivity New York, NY — Many have pointed out the population aging issue in the U.S. economy. Now, economists can use empirical evidence to quantify the impact of an aging population on economic growth. In.
Carlisle Companies, Inc. Hikes Dividend
Carlisle Marks 40 Consecutive Years of Dividend Increases A company making rubber sheet roofing might not sound that exciting. But this one has been raising its dividends every single year for the past four decades. On Thursday, the board of.
