Tag: yahoo finance

Federal deficit stood at $3.6-billion with four months left in 2022-23 fiscal year

Finance Minister Chrystia Freeland appears as a witness at a Senate committee on national finance, in Ottawa, on Dec. 7, 2022.Sean Kilpatrick/The Canadian Press

The federal deficit stood at $3.6-billion as of November with just four months left in the 2022-23 fiscal year, suggesting federal finances are outperforming official projections.

The Finance Department’s monthly fiscal monitor report said the $3.6-billion deficit for the April to November period compared to a $73.7-billion deficit during the same eight months one year earlier.

The report said the federal government ran a $3.4-billion deficit in the month of November alone, compared with a

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The US debt ceiling fight is a potential ‘financial catastrophe’

Expect financial market and economic chaos to ensue if US lawmakers don’t find a resolution on the debt ceiling this time around.

“If there was even a temporary default on the US debt, it would really be a financial catastrophe,” NYU professor and economist Nouriel Roubini told Yahoo Finance Live at the World Economic Forum (video above). “So if you default on the debt, domestic and foreign investors in the private sector are not going to buy your bonds, and you’ll have a spike in interest rates.”

Lawmakers took one step toward that scenario on Thursday.

The federal government officially

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China General Nuclear Europe Energy – RoSPA Workplace Safety Blog

AtCGN EE LOGO color the close of a successful 2019 RoSPA Health and Safety Awards, 20% of entries received were from international organizations… that’s more than ever before! From Mauritius to Hong Kong, our community awards continue to grow year after year.CGN info

Based at their head office in Shenzhen, China, we spoke to Huang Yuan Zheng, President of China General Nuclear Europe Energy (CGN EE), about their awards journey towards their first RoSPA Health and Safety Award…


What motivated you/your organization to enter the RoSPA Awards?

RoSPA is an international organization for the prevention of accidents, it is an honor for CGN EE

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EY Hires Cargill CFO to Manage Finances of Consulting Spinoff

Ernst & Young recruited Jamie Miller, the departing chief financial officer of Cargill Inc., to lead the finances of its consulting arm, which the Big Four accounting firm is spinning off.

EY on Tuesday said Ms. Miller would serve as its global chief financial officer and eventually as CFO of the consulting division that is set to be hived off as a stand-alone, publicly traded entity, leaving behind a business focused on audits. EY executives devised the separation more than a year ago as regulators increased their scrutiny of potential conflicts of interest in the audit profession.

Cargill on Monday

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How does Santa stay safe at Christmas? – RoSPA Workplace Safety Blog

Delivering millions of gifts around the world is a complex and difficult task, even for Santa. Considering for a moment the impossibly short time he has to deliver these presents, coupled with the fact he has eight flying reindeers to manage along the way, it’s also a journey filled with many health and safety issues.

So what does Santa need to do to make sure he’s safe and that we all have a Merry Christmas? To answer that question we’ve compiled a list of 10 festive health and safety training solutions which those from the southern hemisphere might want to

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Xerox Announces Entry into Forward Funding Solution with PEAC Solutions to Drive Continued Growth of FITTLE Financing Business

Xerox Announces Entry into Forward Funding Solution with PEAC Solutions to Drive Continued Growth of FITTLE Financing Business

Xerox Holdings Corporation (NASDAQ: XRX) has entered a Forward Funding Agreement with PEAC Solutions to drive the continued growth of Xerox’s FITTLE business.

FITTLE is a leading global provider of equipment leasing and financing solutions for businesses. Its unique expertise in dealer and vendor financing programs provides valuable solutions to industries with increasing growth in capital spending, such as IT services, office equipment, and 3D printing.

PEAC Solutions is a portfolio company of the Asset Value Funds sponsored and managed by leading

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The harsh reality for investors eyeing tech stocks in 2023

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 am ET. Subscribe

Monday, January 2, 2023

Today’s newsletter is by Brian Sozzian editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App.

Yes, markets are closed today.

So you are probably wondering why I’m delivering a Morning Brief newsletter directly to your inbox.

The answer to that question is simple: If you are not seeking to

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UK chief Liz Truss sacks finance minister Kwasi Kwarteng after tax reduce plans spark monetary turmoil

Britain's Conservative Party annual conference in Birmingham
British Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng on the annual Conservative Get collectively conference, in Birmingham, England, on Oct. 2, 2022.

HANNAH MCKAY/REUTERS


London — Britain’s beleaguered new Prime Minister Liz Truss sacked her finance minister Kwasi Kwarteng on Friday merely weeks after the pair took office and unveiled an monetary plan primarily based totally on tax cuts that despatched the pound’s price plummeting, charges of curiosity hovering, and financial markets convulsing. Kwarteng is now the second shortest serving British Chancellor of the Exchequer in stylish historic previous.

“You’ve got requested me to face aside

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