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US jobless claims unexpectedly fall; worker productivity drops The Fed on Wednesday left its benchmark overnight interest rate unchanged and described the job market as having "continued to strengthen." U.S. financial markets expect a rate increase in March. The Fed has forecast three rate increases for this year after lifting borrowing costs three times in 2017.
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UPDATE 1-Philippine c.bank: Coming reserve ratio cuts won't be policy changes MANILA, Feb 1 (Reuters) - Plans by the Philippine central bank to cut required reserves for banks should be seen as a move to reform financial markets rather than a change in monetary policy, its governor said on Thursday. The Bangko Sentral ng Pilipinas has flagged plans to eventually reduce its 20 ...
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New outfit raises $50 million and counting for self-storage buying spree First Neck Self Storage has raised $50 million—and plans to perhaps double that in its next round—to buy operating storage facilities in primary and especially secondary markets. It's a joint venture involving CSM Capital Corp., a New York City-based multifamily office, and Self Storage Capital Partners, ...
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Meta Financial Group Inc. (CASH) Soars 13.43% on January 31 Meta Financial Group Inc. (CASH) had a good day on the market for Wednesday January 31 as shares jumped 13.43% to close at $117.00. About 242,907 shares traded hands on 2,976 trades for the day, compared with an average daily volume of 79,263 shares out of a total float of 9.66 million.
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