Category: Economics
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J.P. Morgan Private Bank Releases Study on Global Billionaires
Conversations with some of the world’s wealthiest families reveal top aspirations, concerns around family governance, values-driven impact strategies and investments NEW YORK, Jan. 10, 2023 /PRNewswire/ — J.P. Morgan Private Bank today released Stewardship & Purpose: Conversations with the world’s wealthiest families, a study conducted by the firm’s 23 Wall Team. The Private Bank’s report captures insights from conversations with…
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Pension Spending During Pandemic Supported $1.3 Trillion In Output, 6.8 Million Jobs, $157.7 Billion in Tax Revenue Across the U.S. Economy
Real Estate, Food Services, Health Care, and Retail Sectors Realized Biggest Employment Impacts WASHINGTON, Jan. 4, 2023 /PRNewswire/ — Economic gains attributable to private and public sector defined benefit pensions in the U.S. during the COVID-19 pandemic were substantial, according to a new report from the National Institute on Retirement Security (NIRS). Retiree spending of public and…
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Four themes will shape investments in 2023: deVere CEO
There are four over-riding investments themes that investors will be watching and positioning for in 2023 in order to build their wealth, says the CEO and founder of one of the world’s largest independent financial advisory, asset management and fintech organizations. Nigel Green of deVere Group’s comments come as global investors and savers take stock…
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Financial stress casts a shadow over this holiday season
Aflac survey finds financial concerns can be at odds with holiday joy this season COLUMBUS, Ga., Dec. 19, 2022 /PRNewswire/ — As some Americans face financial stress, holiday joy may be more difficult to come by this year, according to the recently released 2022 Aflac Holiday Health Issues Survey. Over three-quarters (82%) of respondents say they will…
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Alberta government commits nearly $933 million to expand and modernize farmland irrigation infrastructure
CALGARY, ALBERTA, CANADA, December 15, 2022 /EINPresswire.com/ — Veripath Partners applauds the decision by the Alberta government to invest nearly $933 million for irrigation infrastructure in partnership with nine of 13 irrigation districts in the province. The announcement came on December 14th and is part of the government’s Economic Development in Rural Alberta Plan. According to a…
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Private Wealth Digital Assets Study Finds Investor Interest in Digital Assets Remains High
SINGAPORE, Dec. 7, 2022 /PRNewswire/ — The largest study this year which surveyed 1,500 international investors on their attitudes and investment strategies with respect to digital assets was published today Matrixport, one of the world’s largest digital assets financial services ecosystem named by CB Insights as the 50 most promising blockchain companies in the world in 2022.…
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CGTN: Digital economy becomes new growth engine for China and other G20 members
BEIJING, Nov. 14, 2022 /PRNewswire/ — Three years into the COVID pandemic, the world economy, while facing mounting uncertainties and challenges, has undergone profound changes, with the digital evolution accelerated and the digital economy emerging as a new engine for economic recovery and growth. The digital economy refers to a broad range of economic activities that include…
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Powering Possibilities With Sean ‘Diddy’ Combs
CALGARY, AB, Nov. 4, 2022 /PRNewswire/ – Sean “Diddy” Combs announced today that he has agreed to purchase the planned divestiture of assets in New York, Illinois, and Massachusetts from Cresco Labs Inc. and Columbia Care Inc. This historic transaction will create the first minority-owned, vertically integrated multi-state cannabis operator. ATB Financial is acting as Financial Advisor to Columbia Care on the divestiture…
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Government of Canada providing assistance to Atlantic Canada with recovery from Hurricane Fiona
OTTAWA, ON, Oct. 1, 2022 /CNW/ – Hurricane Fiona has caused significant damage across Atlantic Canada and Eastern Quebec, and the Government of Canada is working with partners from all orders of government, and across federal departments and agencies, to support recovery and clean-up efforts. In recognition of the significant and immediate challenges to individuals, communities, and critical infrastructure, the Honourable Bill…