Investors will scour the Federal Reserve’s policy statement and economic projections Wednesday for any hint that recent data surprises — including faster-than-expected inflation and slower job growth — have shaken up the central bank’s plans for its cheap-money policies. Economic policymakers are unlikely to make major changes at a time when interest rates are expected to stay near zero for […]
Read moreRocket Lab has been awarded a contract to design two Photon spacecraft for a scientific mission to Mars. The “Escapade” (Escape and Plasma Acceleration and Dynamics Explorers) mission, led by the University of California, Berkeley, will see two Photons blast off for the Red Planet aboard a Nasa-provided rocket in 2024. Rocket Lab first launched a Photon – its first […]
Read moreWASHINGTON (Reuters) – U.S. retail sales fell more than expected in May, with spending rotating back to services from goods as vaccinations allow Americans to travel and engage in other activities that had been restricted by the COVID-19 pandemic.FILE PHOTO: People shop for clothes at a Target retail chain in Westbury, New York, U.S., May 20, 2021. REUTERS/Shannon Stapleton/File PhotoRetail […]
Read moreA research project aimed at helping couples feek more comfortable about talking about money is looking for candidates to take part in its pilot. Ayesha Scott, a finance professor at AUT University, has teamed up with Good Shepherd and secured around $25k in funding to begin a pilot study testing a toolkit it has designed to help people build healthy […]
Read moreThe minister responsible for retirement villages has backed the Retirement Commissioner’s call for a full legislative review of the system, saying a “full legislative review” is needed. Poto Williams, Associate Housing Minister (Public Housing), responded to Retirement Commissioner Jane Wrightson’s report this month calling for an “urgent” review of law governing the sector. “I agree with the commission that the […]
Read moreSINGAPORE – The Covid-19 pandemic has prompted increasing numbers of investors to put their money into social and sustainable causes, according to a new survey. It noted that around 90 per cent of Singapore respondents said they wanted investments to align with their values. The findings of the global survey come amid efforts to develop the country into a sustainability […]
Read moreCovid may have been unprecedented but the biggest issue for many businesses right now is a shortage of workers. It’s putting increasing stress on business owners and hindering the economic recovery from the pandemic. In part one of a week-long series, Chris Keall investigates how the tech sector is battling a lack of talent. What keeps New Zealand’s tech leaders […]
Read more(NYTIMES) – Vital Farms says on its website that its eggs and butter “are delicious, ethical food you don’t have to question”. But a lawsuit filed against it last month claims that its marketing has misled consumers and investors into believing they’re supporting a company that is more ethical and humane than it actually is. Vital Farms responded that it […]
Read moreOPINION: Brace yourself for the big reveal. Has New Zealand been in a recession … or not? We find out on Thursday, when Stats NZ releases the official GDP figures for the first quarter. For the record, a consensus of market economists now expects the GDP figure to be positive, meaning we will have avoided recession by its most common […]
Read moreThe Pulitzer board recognized reporting on the murder of George Floyd, including a special citation for Darnella Frazier, the teenager who filmed the killing. The public service prize went to The New York Times for Covid coverage. By Katie Robertson Pulitzer Prizes were awarded on Friday to news organizations that provided in-depth coverage of the dramatic turns of 2020, a […]
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