Graco Inc., a leading player in the fluid and powder handling equipment sector, has experienced a notable shift in its financial landscape. DNB Asset Management AS has decided to scale back its investment in the company, reflecting a change in its investment approach. Despite this, Graco maintains
In 2023, the U.S. faced a banking crisis, with the collapse of Silicon Valley Bank (SVB) and three other mid-sized banks capturing national attention. Although government interventions stabilized the initial turmoil, leading economists, including Viral V. Acharya and Raghuram Rajan, raised concerns
Sure, here's how the content would be formatted with appropriate header tags: In recent times, the single-family housing market's pulse has been measured keenly through the NAHB/Wells Fargo Housing Market Index (HMI). This index, based on the opinions of prominent home builders, gauges current
Central banks around the globe are currently navigating through turbulent economic waters, with inflation on the rise and a swing towards heightened interest rates. Traditional monetary policies are being reevaluated, forcing a shift in how these institutions manage their fixed income portfolios.
Insurance regulation worldwide is steadily moving toward risk-based models, significantly changing how insurers approach capital management and risk assessment. This shift aligns with a global trend that aims for superior risk management and heightened competitive dynamics in the insurance
Navigating personal finance can be daunting, but with the right guidance, anyone can become adept at money management. To aid in this journey, Mint, a leading financial publication, joined forces with GoalTeller, a forward-thinking financial advisory service, to produce an essential guide for those
There is no question that inflation is one of the most important issues impacting the US economy in 2023. However, the annual inflation rate has dropped considerably since hitting a 40-year high of 9.1% in June 2022. According to The Guardian , the price of goods and services in the US rose by 4.9%
Despite the many issues affecting it, the US economy has proved to be more resilient than previously expected, according to CNN. While critical challenges such as inflation, the Russia-Ukraine war, labor market shortages, and consumer spending have prompted experts to warn about an imminent
The US job market growth remained robust in September, although recession fears are now on the rise. According to the Bureau of Labor Statistics, 263,000 new jobs were created last month, and the unemployment rate fell to 3.5%. However, the US and other economies around the world are currently
After more than two and a half years of dealing with a pandemic, economic recovery is fundamental to every government’s agenda. One of the lasting effects of the COVID-19 pandemic is undoubtedly inflation, and Russia’s war in Ukraine is complicating this issue more. According to the Chair of the
