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Norway raises key interest rate again to fight inflation

Published Fri, 27 Dec 2024 08:29:16 GMT

COPENHAGEN, Denmark (AP) — Norway’s central bank said Thursday that it is raising its key interest rate by a quarter-percentage point to combat high inflation.Norges Bank is hiking the rate to 4%, the highest level since 2008. It says inflation — which reached 5.4% in July — ”has edged down but remains high and markedly above the target” of 2%.“A somewhat higher policy rate is needed to bring inflation back to target,” according to the central bank. Bank Gov. Ida Wolden Bache said ”the future policy rate path will depend on economic developments” and added that the rate would most likely be raised again next month.“If the economy evolves as currently anticipated, the policy rate will be raised further in September,” she said in a statement.The bank noted that activity in the Norwegian economy, which is not part of the European Union, remains high.Central banks around the world have been raising borrowing costs to target painful spikes in consumer prices fueled by the economic ...

UAlbany women's soccer ready to compete for America East title in year two under Sade Ayinde

Published Fri, 27 Dec 2024 08:29:16 GMT

ALBANY, N.Y. (NEWS10) -- A new America East women's soccer season kicks off Thursday, and the University at Albany is aiming to build on a strong first season under head coach Sade Ayinde. Get the latest news, weather, sports and entertainment delivered right to your inbox! Following a slow start in non-conference play, the Danes went 7-4-5 over their final 16 games, reaching the conference semifinals for the second straight season. But last year's semifinal match was a tough one to swallow, losing to top-seeded Binghamton University on penalty kicks. The team clearly has not forgotten just how close they were to the title. In fact, that game proved that an America East crown is well within their reach."I think 'cause we were so close in that game - it was back-and-forth the whole, entire time - we knew we could've had that," said sophomore forward Emily Jozak. "The anger (we had) that we could've been in that championship...I think we're going into the season really strong, and w...

Abigail Rehfuss leaves Siena to become Syracuse assistant coach

Published Fri, 27 Dec 2024 08:29:16 GMT

LOUDONVILLE, NY (NEWS10) – Abigail Rehfuss, the all-time winningest head coach in Siena Women's Lacrosse history, has informed Siena College Vice President and Director of Athletics John D’Argenio that she has accepted a new position as assistant women’s lacrosse coach at Syracuse University.  Get the latest news, weather, sports and entertainment delivered right to your inbox! “I’d like to thank coach Rehfuss for making an indelible impact in her six seasons at Siena,” D’Argenio said. “Throughout her tenure, the women’s lacrosse team has consistently excelled in the classroom with one of the highest cumulative team GPAs on campus and has become a perennial MAAC Championship contender. I know that she will bring the same energy and enthusiasm to Syracuse and make them better, much like she did at Siena.”   Named the 2021 MAAC Coach of the Year, Rehfuss stands as the program's all-time leader in wins (53), winning percenta...

Labour migration: Improving legal avenues to work in the EU 

Published Fri, 27 Dec 2024 08:29:16 GMT

Find out about different work permits for workers from outside the EU and how the EU is revising them to bolster legal labour migration.Europe is facing demographic changes with a rapidly aging population and low birth rates. Pensioners are expected to account for about one third of the EU population by 2050. This will have significant social and economic consequences, including increased demand for health care and social services, lower productivity and higher public expenditures.To help address these challenges, the European Union has been encouraging legal migration to address labour shortages, fill skill gaps and boost economic growth.Take a look at some of the legal pathways into the EU job market and what the European Parliament is doing to improve some of them.Find out more about EU action on migration and asylum.Blue Card: attracting highly-skilled workers to the EUThe EU Blue Card is a work and residency permit that allows non-EU citizens to work and live in an EU country, ...

Ask Amy: Despite the disrespect to me, my wife is standing by this ‘friend’

Published Fri, 27 Dec 2024 08:29:16 GMT

Dear Amy: My wife is a doctor who, at the beginning of the pandemic, needed to be extremely cautious about her exposure to COVID.We asked our adult daughter, “Sarah,” to limit the circle of people she had personal contact with so we could still have in-person visits with her and our grandchildren, while protecting my wife’s patients.One day we saw a picture of Sarah on social media having cocktails unmasked and indoors at the house of our mutual friend “Carrie.”We informed both Sarah and Carrie that Sarah now had to quarantine for two weeks.We called Carrie to ask her to stop these invitations so that we could see our daughter. While we were on the phone with her, Carrie texted Sarah to invite her for cocktails that evening (Sarah was sitting next to us while we called)!My wife later told Carrie how angry we were. Carrie brushed this off and said my wife was being overly sensitive.A few weeks later, Carrie’s husband was diagnosed with prostate cancer. She promptly informed eve...

Texas woman charged with threatening federal judge in Trump case

Published Fri, 27 Dec 2024 08:29:16 GMT

Watch Video: Fulton County DA proposes March trial for Trump, co-defendantsA Texas woman was arrested last week on allegations that she sent a threatening and racist voicemail to the federal judge in Washington, D.C., who was randomly assigned to oversee the Justice Department’s election interference case against former President Donald Trump.According to a criminal complaint filed last week, on the night of Aug. 5, prosecutors allege that Abigail Jo Shry left a voicemail for Judge Tanya Chutkan, who is Black, that said in part, “You are in our sights, we want to kill you.”In the message to Chutkan, Shry alleged that if Trump were not to be elected president in 2024, “we are coming to kill you,” and “you will be targeted personally, publicly, your family, all of it,” per the complaint.In the voicemail, Shry also made similar threats against Democratic Rep. Sheila Jackson Lee of Texas, who is also Black, along with threats against the LGBTQ ...

Yirendai: Q2 Earnings Snapshot

Published Fri, 27 Dec 2024 08:29:16 GMT

BEIJING (AP) — BEIJING (AP) — Yirendai Ltd. (YRD) on Thursday reported earnings of $72.7 million in its second quarter.On a per-share basis, the Beijing-based company said it had profit of 81 cents.The online consumer finance marketplace posted revenue of $182.6 million in the period.For the current quarter ending in September, Yirendai said it expects revenue in the range of $124.1 million to $151.7 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on YRD at https://www.zacks.com/ap/YRDSource

SQM: Q2 Earnings Snapshot

Published Fri, 27 Dec 2024 08:29:16 GMT

SANTIAGO CHILE, Chile (AP) — SANTIAGO CHILE, Chile (AP) — Sociedad Quimica y Minera de Chile SA (SQM) on Wednesday reported second-quarter net income of $580.2 million.On a per-share basis, the Santiago Chile, Chile-based company said it had profit of $2.03.The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.62 per share.The chemicals company posted revenue of $2.05 billion in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $2.24 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SQM at https://www.zacks.com/ap/SQMSource

Borr Drilling: Q2 Earnings Snapshot

Published Fri, 27 Dec 2024 08:29:16 GMT

HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Borr Drilling Ltd. (BORR) on Thursday reported second-quarter net income of $800,000, after reporting a loss in the same period a year earlier.On a per-share basis, the Hamilton, Bermuda-based company said it had net income of less than 1 cent.The oilfield services company posted revenue of $187.5 million in the period.Borr Drilling shares have climbed 60% since the beginning of the year. The stock has more than doubled in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BORR at https://www.zacks.com/ap/BORRSource

Union Berlin defying expectations in Bundesliga and relishing chance to rattle Champions League

Published Fri, 27 Dec 2024 08:29:16 GMT

BERLIN (AP) — Union Berlin surprised itself last season when it prospered in the Bundesliga and clinched Champions League qualification.The players had a hard time believing their success as they soared past their preseason target of mere survival to finish fourth and reach Europe’s premier competition for the first time.“It’s surreal,” Union coach Urs Fischer said after the last game of the season.“We can really be happy about finishing fourth, but it’s important we stay true to ourselves,” Fischer said in typical manner. ”Yeah, Champions League, it can change things a little bit. But I believe we have to keep this humility and stay modest.”With Union in the Champions League, few know what to expect from a club that has been exceeding expectations and improving every year since Fischer’s team won a playoff for Union’s first ever Bundesliga promotion in 2019.But excitement is building in the German capital, where Union is the only team playing top-fligh...