The governor said the new forecasts will be released on 26 January 2021. This is in line with our expectation of a moderate rebound in SA's GDP growth (around 3.2% y/y this year), from a deep contraction (around -7.2 percent y/y) in 2020. The Reserve Bank has projected two increases of 25 basis points in the second and third quarter of this year. It is further said that the overall liquid foreig... [Full Article...]
The Mega Millionsjackpot for Friday, January 22, just increased to an estimated annuity jackpot of $ 1 billion , the Mississippi Lottery Corporation announced. If there is no victor, the next drawing will be held on Tuesday, when the jackpot will rise to an estimated $1.1 billion, or a lump sum of $813.6 million. [Full Article...]
In nine states and Washington, D.C., residents can use an app called Jackpocket to purchase tickets from retailers for you. The only two jackpots that have been higher than this current one were $1.5 billion and almost $1.6 billion. "Congratulations to our winners in the Powerball drawing", said Maryland Lottery and Gaming Director Gordon Medenica. The last time Maryland had a similar wi... [Full Article...]
Joe Biden will take the oath of office to become USA president later in the day, and he has a flurry of executive actions at the ready. S&P 500 rose less than 0.1% or 1 point to 3,853 points, after hitting a day high of 3,861 and a low of 3,846 points. [Full Article...]
When this enterprising man got a job at a Georgia Kroger, he got right to work - scamming almost $1 million from the store during the two weeks he worked there, according to police. Police said Brown, who they believe worked at the fuel center, stole the money while an employee tasked with flagging fraudulent transactions was on vacation for two weeks. [Full Article...]
Luxury Italian coachbuilder Ares Design has unveiled a one-off Tesla Model S two-door convertible, with more examples expected roll out of the studio if demand is high. As a finishing touch, Ares Design fitted the convertible Model S with a carbon fibre aero kit, adorning the side skirts, rear bumper and front lip with a new aggressive design, while the rear boot features a ducktail lip spoi... [Full Article...]
Both French and German services businesses reported a decline in activity in January, the survey by IHS Markit found, although manufacturing remained in expansion territory - underlining the two-speed economic impact of the pandemic's second wave. [Full Article...]
These are the final results in Mr. Swan's tenure; Pat Gelsinger takes over as the new Intel CEO on February 15. But licensing technology could help Intel avoid major investments in rivals' factories that outsourcing deals would likely entail. [Full Article...]