Federal

Isabel Schnabel: The future of inflation (forecast) targeting

Retrieved on: 
Thursday, April 18, 2024
Reproduction, Exercise, Finance, Journal of Economic Perspectives, Calibration, Frankfurt, Empirical evidence, American Economic Association, Great Moderation, Interest, Inflation, Norges Bank, Policy, Bank, The Economic Journal, Speech, Employment, ECB, Risk, University of Chicago Press, Communication, Sveriges Riksbank, Debate, OECD, European Economic Review, Watcher, Economic Policy (journal), Goethe University Frankfurt, Federal Reserve Bank, Depression, Christian Social Union (UK), Climate change, Projection, IPhone, Intelligence, Agriculture, Bias, Journal, Research, Disinflation, Harvard Business School, University, Food, Business cycle, Bank of England, European Central Bank, The, American Economic Journal, Uncertainty, Attention, Finance Secretary (India), Conference, Forecasting, Growth, Rotation, Environment, Reserve Bank, Federal, COVID-19, Washington, D.C., Metal, HICP, Federal Reserve, Working paper, American Economic Review, Cryptocurrency

Stock market development and familiarity (language and distance) are considered key determinants for home bias.

Key Points: 
  • Stock market development and familiarity (language and distance) are considered key determinants for home bias.
  • The literature neglects however that investors often invest in foreign funds domiciled in financial centers.

SMX Announces Partnership with Torchlight AI

Retrieved on: 
Tuesday, April 9, 2024
Intelligence, Partnership, Torchlight, Behavior, SMX, ISR, Elevate, Defense, Federal, Sales

HERNDON, Va., April 09, 2024 (GLOBE NEWSWIRE) -- SMX® is proud to announce its partnership with Torchlight AI®.

Key Points: 
  • HERNDON, Va., April 09, 2024 (GLOBE NEWSWIRE) -- SMX® is proud to announce its partnership with Torchlight AI®.
  • Through this partnership, the SMX Elevate ISR℠ platform adds powerful behavioral analytics, anomaly detection, and pattern recognition to its global, commercial ISR capabilities.
  • The partnership of Torchlight AI® with Elevate ISR℠ delivers entirely new capabilities to mission partners.
  • SMX’s partnership with Torchlight AI allows for the ability to leverage the power of the Torchlight AI solution in conjunction with the SMX Elevate ISR℠ offering, in direct support of our clients.

Council of Federal Home Loan Banks Applauds GAO Report Findings

Retrieved on: 
Monday, April 8, 2024
Deposit insurance, Signature, First Republic Bank, Congress, Federal Reserve Bank, Federal Home Loan Banks, Communication, FDIC, Federal Deposit Insurance Corporation, SVB, Federal, Council, Safety, Federal Housing Finance Agency, Federal Reserve, Silicon Valley Bank, Signature Bank, Bank

WASHINGTON, April 08, 2024 (GLOBE NEWSWIRE) -- The Council of Federal Home Loan Banks, the public voice of the Federal Home Loan Bank System (FHLBank System), today applauded the findings of a recently published report from the Government Accountability Office (GAO) on the actions of the FHLBanks during the spring 2023 bank failures that disrupted financial markets.

Key Points: 
  • WASHINGTON, April 08, 2024 (GLOBE NEWSWIRE) -- The Council of Federal Home Loan Banks, the public voice of the Federal Home Loan Bank System (FHLBank System), today applauded the findings of a recently published report from the Government Accountability Office (GAO) on the actions of the FHLBanks during the spring 2023 bank failures that disrupted financial markets.
  • Additional highlights from the GAO report include:
    Federal financial regulators did not identify FHLBank advances as a factor of concern in any of the three banks’ safety and soundness.
  • Starting on March 9, 2023, the FHLBanks and the Federal Reserve Banks of New York and San Francisco made several efforts, in accordance with their policies and procedures, to help the failing banks pledge collateral to obtain liquidity from the Federal Reserve Banks.
  • It is also worth noting that the GAO report affirms that advances provided to the failed banks had a very limited, if any, direct impact on the Deposit Insurance Fund.”

FuelPositive Welcomes Deputy Minister of Agriculture and Agri-Food Canada to Facility in Waterloo and Announces Non-Brokered Private Placement

Retrieved on: 
Thursday, April 4, 2024
Sustainability, Climate change, Government, Farmer, TSX Venture Exchange, Debt, Offering, University, Biophysical environment, GHG, Chairperson, Research, Mental health, Policy, Anxiety, Ontario Agricultural College, Rural development, Quality of life, Central Statistics Office (India), EEStor, RPP, Fertilizer, Suicide, MCIP, Animal, Federal, School, Agriculture

"Deputy Minister Beck recently visited our team at our new facility during her visit to the Kitchener-Waterloo region.

Key Points: 
  • "Deputy Minister Beck recently visited our team at our new facility during her visit to the Kitchener-Waterloo region.
  • Deputy Minister Beck was joined by Alec Nicholls, Director General, Agriculture and Agri-Food Canada, Melissa Reginato, Senior Markets and Trade, Agriculture and Agri-Food Canada and Hadley Carpenter, Regional Director, Agriculture and Agri-Food Canada, who was instrumental in organizing the visit.
  • Our technology embodies the spirit of progress and collaboration and showcases Canada's leadership in pioneering solutions that address pressing global challenges.
  • The governmental visit was a valuable opportunity for the FuelPositive team to engage in meaningful discussions with Deputy Minister Beck.

Orbit International Reports Consolidated Bookings for the First Quarter 2024 of Approximately $12,700,000

Retrieved on: 
Thursday, April 4, 2024
SPS, Growth, VPX, Binder, OEG, Disclosure, Electronics, News, OPG, AC, Engineering, COTS, Federal

HAUPPAUGE, N.Y., April 04, 2024 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, today announced that consolidated bookings for the first quarter of 2024 were approximately $12,700,000.

Key Points: 
  • HAUPPAUGE, N.Y., April 04, 2024 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, today announced that consolidated bookings for the first quarter of 2024 were approximately $12,700,000.
  • Deliveries for these orders have already commenced and are expected to continue through the first quarter of 2026.
  • Bookings for the quarter were attributable to strong bookings from both the Company’s Electronics Group (“OEG”), which include its Simulator Products Solutions LLC (“SPS”) subsidiary, and its Power Group (“OPG”).
  • Mitchell Binder, President and CEO of Orbit International commented, “We are pleased to report a very strong start to the 2024 year with consolidated bookings for the first quarter of approximately $12,700,000.

NOVAGOLD Reports First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, April 3, 2024
Iron Dog, Learning, ANCSA, Environmental protection, Salmon, Bank statement, Investment, Nature, SCAC, Water quality, K300, Hydrology, Science, Partnership, Alaska Natives, Education, EDGAR, Calista Corporation, TKC, Feasibility study, Social responsibility, Alaska Supreme Court, Supreme court, Safety, Federal, State, Weather, Judiciary of Alaska, Sport, Internet, Sleep, Human, University, Certification, TSX, Work, Cure, Mining, Health, Earthjustice, ADNR, Barrick Gold, Form 10-Q, Gold, Bethel Regional High School, Groundwater, Fishery, Music, Alaska Native corporation

VANCOUVER, British Columbia, April 03, 2024 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or “the Company” (NYSE American, TSX: NG) today released its 2024 first quarter financial results and an update on its Tier One1 gold development project, Donlin Gold, which NOVAGOLD owns equally with Barrick Gold Corporation (“Barrick”).

Key Points: 
  • VANCOUVER, British Columbia, April 03, 2024 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or “the Company” (NYSE American, TSX: NG) today released its 2024 first quarter financial results and an update on its Tier One1 gold development project, Donlin Gold, which NOVAGOLD owns equally with Barrick Gold Corporation (“Barrick”).
  • Details of the financial results for the quarter ended February 29, 2024, are presented in the consolidated financial statements and quarterly report filed on Form 10-Q on April 3, 2024, that is available on the Company’s website at www.novagold.com, on SEDAR+ at www.sedarplus.ca, and on EDGAR at www.sec.gov.
  • During the first quarter of 2024, with the support from the owners and the Donlin Gold LLC Board, numerous important activities were conducted.
  • In the first quarter of 2024, Donlin Gold finalized another Shared Values Statement, bringing the total count to 16.

ABC Files Lawsuit Against President Biden’s Anti-Competitive Project Labor Agreement Rule for Federal Construction Projects

Retrieved on: 
Thursday, March 28, 2024
PLA, ABC, Administration, Government, District court, Regulatory Flexibility Act, Policy, Management, Builder, Complaint, Competition, Constitution, Constitutional right, Workforce, Federal, General contractor, Associated Builders and Contractors

ABC’s complaint asserts that President Joe Biden lacks the legal and constitutional authority to impose a new federal regulation injuring economy and efficiency in federal contracting and illegally steering construction contracts to certain unionized contractors, which employ roughly 10% of the U.S. construction workforce.

Key Points: 
  • ABC’s complaint asserts that President Joe Biden lacks the legal and constitutional authority to impose a new federal regulation injuring economy and efficiency in federal contracting and illegally steering construction contracts to certain unionized contractors, which employ roughly 10% of the U.S. construction workforce.
  • ABC estimates the Biden pro-PLA policy will affect at least 180 federal construction contracts valued at $16 billion across America on an annual basis, including several federal construction contracts for projects in Jacksonville and dozens of projects in Florida and the Southeast.
  • “ABC has heard from large and small federal contractors—including firms signatory to union agreements—and concerned federal agency contracting officers that the Biden administration’s controversial PLA policy has already stifled competition and raised costs on federal construction contracts in Florida and across the country.
  • ABC members won 54% of the $205.56 billion in federal contracts worth $35 million or more during fiscal years 2009-2023 and built award-winning projects safely, on time and on budget, without unnecessary government-mandated PLAs.

Janover Reports Fiscal 2023 Financial Results and Provides Business Update

Retrieved on: 
Thursday, March 28, 2024
SMB, Software as a service, Growth, SBA, CFO, Federal, Artificial intelligence, Acquisition, Small business, IPO, Completeness, Investment, Small Business Administration, BOCA, Federal Reserve, Marketing, CPA, Cryptocurrency

BOCA RATON, Fla., March 28, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled platform for commercial real estate transactions, today provided a business update, and announced its financial results for the year-ended December 31, 2023.

Key Points: 
  • BOCA RATON, Fla., March 28, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled platform for commercial real estate transactions, today provided a business update, and announced its financial results for the year-ended December 31, 2023.
  • However, the downward pressure on the commercial real estate financing business was offset by strong growth in the SBA and SMB business, which more than doubled over the past two fiscal years.
  • Sales and marketing expenses for the year-ended December 31, 2023, were $2.0 million, compared to $1.6 million for the year-ended December 31, 2022.
  • Adjusted EBITDA and adjusted EBITDA per share are non-GAAP financial measures (defined below).

Aspira Women’s Health Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 28, 2024
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AUSTIN, Texas, March 28, 2024 (GLOBE NEWSWIRE) -- Aspira Women’s Health Inc. (“Aspira” or the “Company”) (Nasdaq: AWH), a bio-analytical based women’s health company focused on the development of gynecologic disease diagnostic tools, today reported its financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Aspira will be reimbursed at a rate of $897 for all OvaWatch and Ova1 tests processed for Medicare patients meeting applicable coverage requirements.
  • Aspira will be reimbursed at a rate of $897 for all Ova1Plus tests processed for Medi-Cal patients meeting applicable coverage requirements.
  • Gross profit margin was 57.5% for the year ended December 31, 2023, compared to 52.8% for the year ended December 31, 2022.
  • Subsequent to the end of the quarter, Aspira raised $5.5 million in gross proceeds in a registered direct offering and concurrent private placement.

Federated Wireless Unveils Premium Enterprise-Grade Spectrum (PEGS), Elevating CBRS to Mission-Critical Reliability Levels

Retrieved on: 
Thursday, March 28, 2024
ESC, SAS, FCC, DPA, Case management, Biophysical environment, Partnership, CBRS, Wireless, KPI, Federated Wireless, TCO, PEGS, Federal, Hertz, Ecosystem, Federated, Investment, AFC, Federal Communications Commission, Mobile phone

Catering to a rapidly expanding CBRS ecosystem which boasts over 402,000 CBRS-enabled devices, Federated Wireless currently manages 45% of total enabled devices.

Key Points: 
  • Catering to a rapidly expanding CBRS ecosystem which boasts over 402,000 CBRS-enabled devices, Federated Wireless currently manages 45% of total enabled devices.
  • Servicing over 600 customers and accounts, Federated Wireless continues to introduce algorithmic improvements to its cloud-based Spectrum Access System (SAS) , enhancing performance across the CBRS ecosystem.
  • Their support and performance have elevated our capabilities, delivering unmatched reliability and support for our 3GHz licensed fixed wireless operations.”
    In response to growing demands for sophisticated spectrum solutions, Federated Wireless is launching the Premium Enterprise Grade Spectrum (PEGS) service offering.
  • Federated Wireless remains actively engaged with the Federal Communications Commission (FCC) to fine-tune CBRS regulations, thus enhancing accessibility to premium grade spectrum.