Buoyed by the transtasman bubble, sales in New Zealand’s small business hospitality sector are strongest in over a year, new data has revealed. Insights from Xero’s Small Business Index (XSBI) for May 2021, released today, show improvements in both sales and jobs figures for the country’s small and medium-sized firms. The index – which typically […]
SAN DIEGO (Reuters) – The U.S. Federal Reserve still has enough clout to fight a future downturn, but policymakers should state in advance the mix of policies and policy promises they plan to use to get the most bang for their buck, former Fed chief Ben Bernanke said on Saturday. In an address to the […]
By Herbert Lash NEW YORK (Reuters) – Global stocks rallied on Friday on President Donald Trump’s plans to revive the coronavirus-hit U.S. economy and a report about a clinical trial for a potential drug to treat COVID-19, while the dollar fell amid investors’ growing risk-on sentiment. The bulls charged ahead on a report that patients […]
