By Michael S. Derby NEW YORK (Reuters) -U.S. Federal Reserve Chair Jerome Powell on Wednesday said there is no place for the central bank to consider government financing needs when setting interest rate policy. “We have a mandate” from Congress, and that is to keep inflation in check and the job market as strong as it can be, Powell said in a press conference following the latest Federal Open Market Committee meeting. Given that legal charge, “we don’t consider the fiscal needs of the federal government. No advanced economy central bank does that, and it wouldn’t be good” for the…
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Venture capitalists love the spotlight. They’re on X, they’re in the White House, and they’re constantly chasing press coverage of Series A deals into B2B SaaS companies that might become the next Salesforce, but could just as likely fold in a few years. Today’s VCs hold an inordinate amount of cultural capital, and for good reason: They fund many of the companies that undergird not only our economy, but our social fabric, and they are often instrumental in shaping tomorrow’s trends. But still, they represent a small fraction of the broader investment landscape, which is why I’m always astounded by…
Pina Earth, Tree.ly Merge To Form Leading Forest Carbon Platform In Europe Translate » Source link
Federal agencies Interest rates Investing Personal finance See all topics Facebook Tweet Email Link Despite unprecedented public needling from President Donald Trump to lower interest rates, the Federal Reserve board stood pat on Wednesday. But the US central bank is still widely expected to cut its key overnight lending rate at least once if not twice this year, possibly as soon as its next meeting in mid-September. Any Fed move (or inaction) on its key rate has a direct effect on many savings and borrowing rates throughout the economy — and an indirect one in the case of mortgages, which…
Leeds-based unsecured consumer credit provider, International Personal Finance (IPF), has received a potential cash offer of about £490m for its business. It is in advanced discussions with BasePoint Capital, a provider of asset-based financing in the US to specialty finance companies, regarding a possible cash offer by a wholly-owned subsidiary of BP PMKN LLC – an entity in the BasePoint group – to acquire IPF. Under the terms of the possible offer, IPF shareholders would receive cash consideration of 220 pence per IPF share and would be entitled to retain the interim dividend of 3.8 pence per IPF share, announced…
The durable carbon dioxide removal (CDR) market experienced its strongest quarter ever in Q2 2025, per the CDR.fyi report. Companies bought 15.48 million tonnes of durable carbon removal credits. This almost doubles the total volume contracted in all past quarters combined. This quarter’s figure exceeded the Q1 2025 total of 13.6 million tonnes and marked a major turning point for the market. Let’s discover the top buyers, suppliers, and what CDR methods are most in demand. Microsoft the Megabuyer: One Tech Giant, Five Massive Deals Microsoft dominated the quarter, contracting 14.6 million tonnes across five mega‑deals. These purchases accounted for…
Data from ADP on private payroll growth and the first look at second quarter GDP growth out Wednesday morning both topped forecasts, a sign of continued resilience in the US economy. Private payroll growth in July tallied 104,000 according to the latest data from ADP, more than the 77,000 jobs that private employers were expected to add and a rebound from the 23,000 jobs that were cut in the sector last month. “Our hiring and pay data are broadly indicative of a healthy economy,” said Nela Richardson, chief economist at ADP. “Employers have grown more optimistic that consumers, the backbone…
Since nearly all rice credits have been removed from the market, we analyzed the risk scores based on how the new, active methodologies addressed the quality issues that materialized in the invalidated methodologies (see Exhibit 4). Improved rice cultivation projects primarily carry risks regarding baseline setting, additionality, and MRV. There is little to no risk associated with leakage, permanence, or GHG accounting, assuming projects follow updated guidance. (For more information on how we evaluate risk severity and prevalence, see Appendix.) Exhibit 4: Carbon Credit Risk Matrix for Improved Rice Cultivation Quality Criteria Risk Severity Prevalence Additionality/Baselines Medium concern Common Leakage…
The Carbon Markets Initiative (CMI) developed these technical explainers to give buyers, developers, researchers, and other voluntary carbon market (VCM) stakeholders a head start in understanding individual carbon credit types. These explainers synthesize insights from publicly available methodologies, market analyses, registry data, project design documents, peer-reviewed literature, industry reports, regulations, best practice guidance, and commentary from both VCM and sector-specific sources. We complemented this research with expert interviews and a peer-review process. In each explainer, you’ll find a clear and neutral overview of: How developers generate carbon credits History and trends in the market Key quality risks and how projects address…
The head office of the Bank of Canada located at 234 Wellington Street in Ottawa. (Credit: Adam Huras/Brunswick News) Here’s the Bank of Canada’s official statement for its rate decision: The Bank of Canada today maintained its target for the overnight rate at 2.75 per cent, with the Bank Rate at three per cent and the deposit rate at 2.70 per cent. While some elements of U.S. trade policy have started to become more concrete in recent weeks, trade negotiations are fluid, threats of new sectoral tariffs continue, and U.S. trade actions remain unpredictable. Against this backdrop, the July Monetary…