German finance minister pushes for EU-wide unemployment scheme

German finance minister pushes for EU-wide unemployment scheme

The intention, according to the working paper, is to prevent member states from spiralling into debt as they try to cope with high unemployment levels, and to “strengthen solidarity between member states”. But there is widespread opposition in Germany to anything that could be considered a “transfer union”, in which Germans would be forced to […]

Finance reports show Dems outraising opponents

Finance reports show Dems outraising opponents

With Election Day fast approaching, the third quarter campaign finance data for races across Virginia show Democratic candidates out-raising their opponents. In Virginia’s 5th Congressional District — which includes the counties of Albemarle, Buckingham Fluvanna, Greene, Madison, Nelson and the City of Charlottesville — Democrat Leslie Cockburn has crossed the $2 million mark in donations. […]

Sell SREI Infrastructure Finance, says Ashish Chaturmohta

Sell SREI Infrastructure Finance, says Ashish Chaturmohta

Ashish Chaturmohta Sanctum Wealth Management SREI Infrastructure Finance is in long-term decline mode forming lower tops and lower bottoms on the weekly and monthly chart. After sharp decline stock has been trading sideways in a narrow range for the last couple of weeks. The stochastic indicator has given negative crossover with its average on daily. […]

Top Finance Metrics You Should Be Tracking (Even If You're Not An Accountant)

Top Finance Metrics You Should Be Tracking (Even If You're Not An Accountant)

In the world of business, it is common practice to rely on accountants to keep track of revenue-generating activities and evaluating them periodically. However, it’s wise for business leaders in the tech world to track certain metrics directly — especially at certain benchmarks throughout the year. Here are five important metrics and what they mean […]

Ireland's 2019 budget first balanced in decade: finance minister

Photo from Department of Finance of Ireland shows the Irish Finance Minister Paschal Donohoe presenting the government’s 2019 budget before he tabled it to the lower house of the Irish parliament for debate.(Xinhua/Department of Finance of Ireland) DUBLIN, Oct. 14 (Xinhua) — Irish Finance Minister Paschal Donohoe has recently introduced to the parliament Ireland’s 2019 […]

State finance officials frustrated over budget bill hangup

State finance officials frustrated over budget bill hangup

By Colin A. Young State House News Service  October 13, 2018 Comptroller Thomas Shack feels like he’s the chirping smoke detector of state government, regularly sloughed off when he attempts to warn of an impending problem. “When the smoke detector starts to go off you have two things you can do; you can either address […]

'Winter is coming': Indonesia warns world finance leaders over trade war

'Winter is coming': Indonesia warns world finance leaders over trade war

NUSA DUA, Indonesia (Reuters) – Just in case any of the global central bankers and finance ministers gathered in Indonesia missed the message delivered repeatedly this week, the host nation said it again on Friday: Everyone stands to lose if trade wars are allowed to escalate. A participant attends plenary session at the International Monetary […]

Market rout continues, Dow loses 545 points

Market rout continues, Dow loses 545 points

The stock sell-off deepened Thursday. The Dow (^DJI) tumbled 2.13%, or 545.91 points as of market close, paring some losses after shedding as many as 698.97 points mid-afternoon. The index had plummeted more than 800 points at the end of trading Wednesday in its largest single-day decline since February. The S&P 500 (^GSPC) slipped 2.06%, or 57.31 points, […]

Dow drops 831 points, S&P 500 posts five-day losing streak

Dow drops 831 points, S&P 500 posts five-day losing streak

Stocks posted their worst single-day drop in months on Wednesday. The Dow (^DJI) tumbled 3.15%, or 831.83 points, with all 30 component of the blue-chip index finishing in the red. The S&P 500 (^GSPC) fell 3.29%, or 94.66 points for its fifth day of losses and longest losing streak since late 2016  The declines marked the biggest single-day […]

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