Japan Govt Approaches Masayoshi Amamiya For BoJ Governor: Nikkei

The Japanese government approached the Bank of Japan Deputy Governor Masayoshi Amamiya to succeed Haruhiko Kuroda as the central bank governor, the Nikkei reported Monday, citing people familiar with the matter. The Nikkei news sent the yen tumbling to more than a three-week low against the dollar. However, a Japanese government spokesperson later refuted the Nikkei report, Bloomberg News said. […]

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Jobless claims unexpectedly drop to lowest level in 9 months

video ‘Mild recession’ will tip to ‘deep recession’ when unemployment spikes: Kenny Polcari SlateStone Wealth chief market strategist Kenny Polcari and Bubbatrading.com chief strategist Todd Horowitz discuss the odds of a U.S. recession and the crypto trade in 2023 on ‘The Claman Countdown.’ The number of Americans filing for unemployment benefits unexpectedly dropped last week, falling to the lowest level […]

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Over 400K without power in Texas due to ice storm

video Insurance premiums skyrocketing in the south due to severe weather FOX Business’ Ashley Webster reports on the rising costs of home insurance for residents in southern states like Florida and Louisiana due to devastating storms. Hundreds of thousands of homes and businesses are without power in Texas on Thursday morning as winter weather lingered over southern states.  More than […]

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Humana Q4 Loss Widens On Charges

Health insurer Humana Inc. (HUM) reported Wednesday a net loss for the fourth quarter that slightly widened from last year, hurt primarily by charges associated with productivity initiatives, despite 6.6 percent revenue growth. Adjusted earnings for the quarter topped analysts’ expectations, while quarterly revenues missed it by a whisker. The company also initiated adjusted earnings guidance for the full-year 2023, […]

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Eurozone Economy Avoids Contraction In Q4

Euro area narrowly escaped a shrinkage in the fourth quarter, but the growth remained modest on weaker consumer spending amid high inflation. Gross domestic product grew 0.1 percent sequentially after rising 0.3 percent in the third quarter, preliminary flash estimates from Eurostat showed on Tuesday. Economists had forecast the single currency bloc to shrink 0.1 percent. On a yearly basis, […]

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Virginia Lawmakers Propose Tax Credits to Restaurants for Recycling Oyster Shells

Some restaurants in Virginia could get some nonrefundable tax credits going forward for their efforts to restore the Chesapeake Bay oyster population. Lawmakers recently voted to move forward with legislation that would give tax credits to restaurants for recycling oyster shells. Tax Credits To Restaurants: Incentive And Reward Last week, the House Finance subcommittee voted 6-2 in favor of the […]

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