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11 Oct 2016, business news covering Stock Markets, Real Estate, Entrepreneurs, Investors and Economics from around the world brought to you by 15 Minute News
Job vacancies have been increasing, hours worked have been increasing and employment growth, even before the most recent month’s data, had strengthened noticeably over the past year. labour force participation has risen, and the unemployment rate has been stable.
Capacity utilization increased more than a percentage point to 82.44%. Retail sales continue to show weakness, growing a paltry 2.7%, year-on-year, its lowest in three-and-a-half years.
IBM Addresses AI Bias with Massive Image Archive While other open-source resources have focused solely on checking for bias in training data, the IBM AI Fairness 360 toolkit created by IBM Research will help check for and mitigate bias in AI models. It invites the global open source community to work together to advance the science and make it easier to address bias in AI.A new bank of Mum and Dad The US Residential Real Estate Market: A Decade After The Financial Crisis The most yield-sensitive real estate sectors – particularly healthcare, student housing, and net lease REITs – have significantly outperformed over the last quarter after. residential REITs and.The lender of last resort, aka Bank of Mum and Dad, is now also helping one in twenty under.. We're Living In A New Class System And It's Depressing As Hell.
What will happen if the RBA cuts rates? 10:54 PM ET Mon, 1 Aug 2016 Irrespective of a RBA rate cut, the Australian dollar looks well-supported, says Credit Suisse’s senior FX strategist, KH Heng.
The Australian dollar and the local sharemarket are expected to lift following the European Central Bank’s decision to drive deposit rates even. actually quantitative easing, as it will be financed.
Politics dominated by the psychodrama in the Conservative Party over Europe and the splits in a Labour Party. We’ve had the clearest message – vote Lib Dems to stop Brexit – with its fruitier.
With overnight index swaps still pricing in at least 1 RBA rate cut over the next year, the markets likely saw today’s announcement as impeding on near-term priced in policy easing.
We can’t simply have our cake and eat it when it comes to housing US stocks steady but trade war fears linger, despite GDP data Markets experienced significant declines last week. The S&P 500 lost 5.95%, the dow dropped 5.66%, and the nasdaq declined 6.54%. With these losses, all 3 domestic indexes had their worst weekly performance in more than two years.A beautiful and unique cake with layers of sponge cake, vanilla custard and raspberry jam all covered in marzipan. This is a princess cake, or prinsesstårta. It hails from Sweden where it’s been a national icon since the mid-1900’s, and was supposedly named after the three princesses who are said to have.
The RBA will remain alert to downside risks, but the lingering excesses in housing, even if they have eased a touch, will continue to make it difficult for the RBA to lower the cash rate again any.
Obama, Biden endorse Kamala Harris’ U.S. Senate bid Kamala Harris (D-Calif.) pushed him to do in Miami last. But the state was also a place where Jim Crow thrived not long before Biden hit the political stage. When the U.S. Supreme Court outlawed.
The Reserve Bank of Australia (RBA) left interest rates on hold today at 1.5%, but indications are that the next move could be a rate hike. The good news is that it may be some time before that.
when the Bank voted to cut rates (a decision which many now consider a mistake). But these are not normal times. Imagine the MPC did vote in May for the first rate rise in over two years, but the.