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Medical Education Market to Grow by USD 143.30 billion | Harvard University and Johns Hopkins University Among Key Market Contributors

NEW YORK, Jan. 14, 2022 /PRNewswire/ — The medical education market is expected to grow by USD 143.30 bn from 2020 to 2025. The growth momentum of the market will accelerate at a CAGR of 17{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} during this period. The year-over-year growth rate of the market in 2021 is 15.00{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Attractive Opportunities in Medical Education Market by Learning Method, Courses, and Geography - Forecast and Analysis 2021-2025

Attractive Opportunities in Medical Education Market by Learning Method, Courses, and Geography – Forecast and Analysis 2021-2025

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Medical Education Market: Drivers

The growth in the number of online medical education programs is driving the growth of the medical education market. Traditional physical classrooms are being replaced with online training modules, which provide access to various course materials and online assessments for both instructors as well as learners. These tools enable educators to have easy access to real-time data on students’ progress based on test scores and student activities. Moreover, students enrolled in online courses can communicate via discussion forums and chat rooms. Therefore, online medical education programs are becoming highly popular in the medical education market, which is expected to drive the growth of the market during the forecast period.

Medical Education Market: Challenges

The presence of free and open-source education resources poses a significant threat to the growth of the medical education market. Vendors in the market offer several open-source medical courses that are free of cost. Therefore, students from the economically weaker sections can opt for such free services. The trend of offering free medical education is more prevalent in North America and Europe when compared to other regions. The fees for medical education in these regions when compared to APAC. These factors are likely to negatively impact the growth of the market in focus in terms of revenue generation during the forecast period.

Learn about additional drivers and challenges impacting the growth of the medical education market. View Our Free Sample Report Now

Medical Education Market: Some Key Vendors and Their Offerings

  • Harvard University: Some of the key medical courses offered by the university through its Harvard Medical School include HMX Physiology, HMX Immunology, HMX Genetics, and HMX Biochemistry.

  • Johns Hopkins University: Some of the key medical courses offered by the university through its John Hopkins School of Medicine include Biological Chemistry, Immunology, Medical and Biological Illustration, Biomedical Engineering, Molecular Biophysics, and Functional Anatomy and Evolution.

  • New York University: Some of the key medical courses offered by the university include Acute Care Surgery, Adrenal Surgery, and Infectious Disease and Immunology.

  • Stanford University: Some of the key medical courses offered by the university through Stanford Medicine include Biomedical Informatics, Epidemiology, Human Genetics and Genetic Counseling, and Physician Assistant Studies.

  • University of California: Some of the key medical courses offered by the university through UCSF School of Nursing include Master of Science, Masters Entry Program in Nursing (MEPN), and Doctor of Nursing Practice (DNP).

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Medical Education Market: Segmentation Analysis

This market research report segments the medical education market by courses (graduate courses, certifications and training, and post-graduate courses), learning method (blended learning and online learning), and geography (North America, Europe, APAC, South America, and MEA).

North America led the medical education market in 2021, followed by Europe, APAC, South America, and MEA, respectively. During the forecast period, North America is expected to register growth due to factors such as increasing enrollments in distance-learning medical degrees in countries such as the US and Canada.

Request a Free Sample Report to learn about the contribution of each segment of the medical education market

Some of the key topics covered in the report include:

Market Challenges
Market Drivers
Market Trends
Vendor Landscape

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  • Edtech Market by Sector and Geography – Forecast and Analysis 2021-2025: The Edtech market has the potential to grow by USD 112.39 billion from 2020 to 2025, and the market’s growth momentum will decelerate at a CAGR of 17.85{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. Download Free Sample

Medical Education Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 17{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

Market growth 2021-2025

USD 143.30 billion

Market structure

Fragmented

YoY growth ({ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550})

15.00

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 34{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

Key consumer countries

US, UK, Germany, Australia, and Canada

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

All India Institute of Medical Sciences, Grand Canyon University, Harvard Medical School, Johns Hopkins University, Kaiser Permanente School of Medicine, Mayo Foundation for Medical Education and Research, National University of Singapore, New York University, Stanford University, Texas Tech University Health Sciences Center, The Tamil Nadu Dr.M.G.R. Medical University, The University of Alabama, Universidade Anhembi Morumbi, University of California, University of Cambridge, University of Eastern Finland, University of Liverpool, University of New England, University of Oxford, University of Washington, Western Governors University, Yale University

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

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Economics professor takes deep dive into challenges and opportunities of climate change

Are severe climate functions resulting in farmers to shed access to credit? Are they creating worldwide enterprises to shift business enterprise destinations to dodge physical and economic catastrophes? Will a sudden transform in financial investment tendencies absent from carbon industries lead to a important economic crisis? These questions are guiding the research professor Galina Hale, Ph.D., is checking out together with her Ph.D. learners. They are also driving contemplative discussions in her undergraduate and graduate lessons in the Office of Economics, which has been ranked sixth in the environment amongst tutorial departments in worldwide finance.

“The worlds of economics and local weather modify science are colliding,” suggests Hale, who used 14 several years as an economist with the Federal Reserve Bank of San Francisco and held teaching positions at Yale, Stanford, and UC Berkeley. She started her vocation in Russia as a expert for the Russian Ministry of Finance. She joined the UC Santa Cruz faculty in 2020.

Her interest in get the job done that intersects local weather change and economics was impressed a several a long time in the past by her presence at the 2nd Network for Green Economical Programs (NGFS) meeting, the place she was the sole consultant from the Federal Reserve Procedure. 

“I was just amazed by how persons ended up ready to consider about local climate-similar threats in the context of monetary and money coverage and bank supervision,” reported Hale, whose revealed exploration up to that second concentrated on knowing patterns of intercontinental cash flows and intercontinental financial crises, worldwide banking, and security of fiscal networks. Right after the NGFS convention, she was attempting to uncover a way to link her analysis with her enthusiasm for the defense of the atmosphere. 

“I appreciate becoming outdoor, and I’m passionate about the atmosphere. My partner and I are hunting for ways we can support reduce the use of animals for human foodstuff use, a important contributor to weather change” claimed Hale, who also serves as a board member for Animal Charity Evaluators and is a cofounder of Foods Program Improvements, a group of industry experts who volunteer to support organizations functioning to make the world’s foodstuff system additional environmentally sustainable, compassionate, and well being-selling.

Tapping into these pursuits and her desire to aid fix international issues, Hale turned her interest to figuring out prospects for the money method to mitigate weather challenges and to deciding means in which economists can notify policymakers on how to make the food items system additional sustainable.

Through her investigate, in which she invites undergraduate and graduate learners to take part, she is exploring for an response to whether or not monetary markets are well prepared for weather dangers. She is investigating no matter whether economic agents—financial markets specifically—realize the pitfalls, and if they are putting sufficient chance on people items going on. 

Mitigating climate possibility is an existential requirement. But, Hale states, if some variations are unanticipated, they can pose a sizeable hazard to world-wide markets. The United Kingdom’s pledge to cut down coal, and the commitment by the United States to remove large-emission-producing automobiles, are two illustrations of such transition hazards that could most likely trigger immediate and detrimental financial repercussions. She is checking out sustainable investing (ESG or Environmental, Social, and Governance), how markets are reacting to or making ready for enterprises that are shifting toward greener strategies of generation and the manufacturing of environmentally pleasant goods.  

“There is a serious risk of asset rates changing quickly once it dawns on individuals that they cannot have coal or that vehicles that really don’t run on energy are of minor worth,” clarifies Hale. “If economic marketplaces are not well prepared for that immediate fall in some asset values, it could have a catastrophic ripple outcome on the markets regionally and globally.”

Hale has also brought to mild the multi-billion-greenback effects local weather modify is acquiring on all spots of the financial state. As she explains in a current review, “What are the Fiscal Risks from Local weather Transform?” (Econofact, January 21, 2020), “Agriculture, infrastructure, human overall health and productiveness, tourism, corporations, and financial markets are currently influenced by extreme temperature activities getting more regular.” The new PG&E bankruptcy submitting in the aftermath of devastating wildfires in California is a single illustration she takes advantage of to make her stage.

Hale incorporates her investigation into her classes, which have spurred many local climate-linked investigate theses from her learners. She is the director of the Master’s Used Economics and Finance method, which is unique in that it presents extra training in economics, stats, and econometrics than most regular M.B.A. systems.

“Silicon Valley firms depend on large info evaluation, AI, and equipment understanding, but they also need to have talent who can question the right inquiries, who are qualified to have an understanding of the fundamentals of financial methods and can program statistical styles,” Hale mentioned. “Most M.B.A. packages do not get as specialized as we do with econometrics and facts science.” 

Hale and her colleagues are working on research that is dispersed by the university’s Centre for Analytical Finance (CAFIN), which engages in chopping-edge evaluation supposed to resolve real-environment issues of finance in a globalized monetary procedure. The inspiration for CAFIN came from the 2008 monetary crisis, and its main themes of comprehension systemic risks, the impacts of technological innovation in finance, and the problems of advertising greater monetary inclusion, all had their roots in that international shock. Hale is co-directing the centre with Professor of Economics Nirvikar Singh.

“As founding director of the Middle for Analytical Finance (CAFIN) at UC Santa Cruz, I was delighted when, in 2020, Galina accepted the invitation to provide as co-director of the center,” suggests Singh. “Galina has performed a guide intellectual and organizational part in turning CAFIN’s consideration to the worth of finance in the area of setting, sustainability, and governance (ESG): for instance, knowing the risks of climate improve and approaches of funding avoidance and mitigation will be central to generating development in the experience of the looming menace. With Galina’s management, CAFIN will be on the frontier of the two most critical elements of world wide finance—Fintech and ESG—for the coming many years.”UC Investments, which manages University of California expense resources and provides fiduciary oversight, also values the contributions of CAFIN.“More than 7 years in the past, UC Investments developed a sustainable expenditure framework for the University of California that has assisted manual our thinking about the difficulties, and prospects, of our period and further than. Our collaboration with CAFIN has assisted us preserve existing on the most recent exploration and improvements that pertain not only to investing, but to how we assess our altering world,” claims Jagdeep Bachher, main expenditure officer and vice president of investments for UC Investments.

This March, CAFIN is collaborating with neighborhood universities and monetary establishments to present The Fintech: Innovation, Inclusion and Threats Meeting 2022 that will choose area at San Francisco State College (SFSU) and will deliver together academicians, money economists, and coverage and compliance experts. The meeting is co-organized by CAFIN, SFSU, and Federal Reserve Bank of San Francisco.

“Universities require to be at the table in buy to recognize the significant-photograph demands of money establishments and policymakers, so they can engage their college and learners in function that will deal with related unsolved difficulties,” explained Hale, who has a vision for developing the middle and the master’s software in means that can join students with alumni and more Silicon Valley enterprises.

“At UC Santa Cruz, we want the academic strategies to appear to the surface area and have an impact on what is taking place in Silicon Valley,” she claimed. “We’d enjoy to have graduate pupils attending international conferences and arranging shows and functions at community conferences. We’d like to engage alumni and policymakers and target on the requires of our group in finance, instruction, attaining Environmental, Social, and Governance (ESG) sustainability—issues that normally are not the concentration of educational financial centers. There is so considerably probable for us to hook up and interact, which would reward the pupils, faculty, alumni, and the neighborhood.”

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Navient lawsuit settlement: 400,000-plus student loan borrows will get debt relief

The offer will settle litigation brought by quite a few state lawyers typical that claimed that Navient, a single of the most significant college student loan servicing corporations in the US, engaged in unfair techniques and manufactured predatory financial loans to pupils who have been unlikely to be able to pay them again.

About 350,000 federal pupil mortgage borrowers whom Navient put in long-expression forbearance — which authorized them to briefly quit generating payments — will acquire about $260 each, totaling $95 million in restitution.

What Biden is missing on for-profit college debt

In addition, Navient have to totally cancel the remaining balances of non-public financial loans borrowed by about 66,000 students, totaling $1.7 billion. These financial loans ended up mostly created involving 2002 and 2010.

“Navient knew that people today relied on their financial loans to make a greater lifetime for by themselves and for their little ones and instead of supporting them, they ran a multibillion dollar rip-off,” said Pennsylvania Lawyer Basic Josh Shapiro at a push convention Thursday. He co-led the litigation with attorneys typical from Washington, Illinois, Massachusetts, and California.

The point out attorneys standard claimed that Navient steered federal student financial loan borrowers into forbearance fairly than directing them to enroll in small-cost repayment strategies. As a result, some of these debtors fell deeper into personal debt as fascination accrued.

The lawsuit also alleges that Navient created personal financial loans to pupils attending for-earnings colleges and colleges with reduced graduation fees, even while it realized that a higher proportion of all those borrowers would be not able to repay the loans.

Navient denied violating any legislation in the settlement.

“The firm’s conclusion to solve these issues, which were being dependent on unfounded promises, enables us to keep away from the added burden, price, time and distraction to prevail in courtroom,” Navient’s main legal officer Mark Heleen explained in a assertion.

Till lately, Navient had a contract with the US Department of Training to services federal university student financial loans, but the business made the decision to conclude that contract late final year. Previously this month, it transferred its federal university student bank loan portfolio to a servicer identified as Aidvantage. Navient proceeds to originate private student loans.

The settlement addresses borrowers who are living in 38 states and Washington, DC. These who qualify for reduction underneath the settlement don’t want to consider any action and can hope to quickly get notification from Navient later this calendar year just after the court docket approves the agreement. Federal mortgage borrowers can update or create an on line account with the Department of Education to guarantee the agency has their present-day address.
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Stocks extend losses amid mixed bank earnings, retail sales miss

Stocks declined on Friday at the end of a volatile week, with investors monitoring a mixed set of bank earnings and a bigger-than-expected drop in U.S. retail sales. 

The S&P 500 and Dow dropped. The Nasdaq fluctuated between gains and losses after a 2.5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} drop on Thursday. 

The Dow underperformed, dropping more than 1{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} at session lows as the index’s bank stock components declined after delivering earnings. JPMorgan Chase (JPM) shares fell more than 5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} after the company posted lower-than-expected fourth-quarter trading revenues and rising costs as compensation expenses increased. The stock drop marked JPMorgan’s worst post-earnings decline since 2011, based on Bloomberg data. Citigroup (C) shares also fell after posting a similar miss on fixed-income and equities trading revenues for the quarter.

Peer bank Wells Fargo (WFC) shares rose, on the other hand, after posting quarterly revenue that topped estimates as both commercial and consumer loans picked up at the end of last year. 

New economic data came in weaker-than-expected on Friday, adding to the risk-off tone in markets. U.S. retail sales fell 1.9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in December month-on-month, missing estimates for an only 0.1{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} dip and marking the biggest drop since February 2021. November’s sales were also downwardly revised to show 0.2{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} monthly increase, compared to the 0.3{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} rise previously reported. 

Investors this week have been weighing concerning signs of lingering price pressures across the U.S. economy against assertions from key central bank officials that the Federal Reserve is ready to take action to bring down inflation. 

In Fed Governor Lael Brainard’s hearing before the Senate Banking Committee on Thursday, she suggested the central bank could begin raising interest rates — a move that would tighten financial conditions and help bring down inflation — “as soon as asset purchases are terminated.” The Federal Reserve is currently set to end its asset-purchase tapering process in March. 

JPMorgan Chase CEO Jamie Dimon said during this morning’s earnings call that he expected that on interest rate hikes this year, “there’s a pretty good chance there will be more than four — there could be six or seven.”

“What we’re seeing right now is a repricing of the markets, given anticipated rate hikes… That’s going to be the catalyst driving down the market,” WealthWise Financial CEO Loreen Gilbert told Yahoo Finance Live on Thursday. “It’s going to be a wild ride.”

And the bevy of recent inflation data has so far helped strengthen the case for a near-term move on monetary policy, many economists suggested. Thursday’s Producer Price Index (PPI) showed the biggest annual rise in wholesale prices on record, in data going back to 2010, even as monthly price gains moderated slightly. And this report came just a day following the December Consumer Price Index (CPI) showing the biggest surge in inflation since 1982. Many economists suggested inflationary pressures would continue at least through the first months of this year before gradually easing.

“Two of the biggest things have been the supply chain disruptions and the fiscal stimulus,” Matthew Miskin, John Hancock Investment Management co-chief investment strategist, told Yahoo Finance Live. “As the pandemic comes more under control this year, as the Omicron wave hopefully dissipates, we likely see the supply chain disruptions come off, and then we’re not going to get more fiscal stimulus … That in our view does cause inflation to come down over the course of the year.” 

Rising prices have also been hitting companies’ profits as labor costs jump. Of the nearly two dozen S&P 500 companies that had reported fourth-quarter earnings results as of mid-week, 60{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of these cited a negative impact from higher labor costs or shortages to sales or profits, according to FactSet.

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11:35 a.m. ET: Biden administration names three nominees to fill spots on Fed Board of Governors

The Biden administration announced its nominees to fill out the Federal Reserve Board of Governors, tapping Sarah Bloom Raskin, Lisa Cook, and Philip Jefferson for the roles. Each nominee must still go before the Senate Banking Committee for confirmation.

Earlier this week, Federal Reserve Chair Jerome Powell appeared before the Senate Banking Committee in his renomination hearing to remain as Fed Chair for second term. Current Fed Governor Lael Brainard also had her nomination hearing to become Fed Vice Chair.  

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10:15 a.m. ET: Manufacturing production unexpectedly falls in December

The U.S. manufacturing sector showed more signs of slipping amid the latest surge in COVID-19 cases and materials shortages. 

According to new Federal Reserve data Friday, manufacturing output declined by 0.3{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in December to reverse course after a 0.6{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} rise in November. Consensus economists were looking for a 0.3{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} monthly rise in production in December, based on Bloomberg data. Manufacturing accounts for about 12{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of overall economic activity in the U.S. 

A drop in auto production contributed heavily to the headline decline, with ongoing chip shortages impacting the industry. Vehicle production was down 1.3{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in December following a rise of 1.7{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in November.  

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10:11 a.m. ET: University of Michigan sentiment index drops to 68.8 in January, in second-lowest reading in a decade

Consumer sentiment fell more than expected in early January to reach one of its lowest readings in 10 years, as concerns over the inflation outlook and COVID-19 weighed on optimism.

The University of Michigan’s preliminary January Surveys of Consumers index came in at 68.8, falling from December’s 70.6. This was below consensus estimates for a reading of 70.0, according to Bloomberg data. 

“While the Delta and Omicron variants certainly contributed to this downward shift, the decline was also due to an escalating inflation rate,” Richard Curtin, chief economist for t he Surveys of Consumers, wrote in a statement. “Three-quarters of consumers in early January ranked inflation, compared with unemployment, as the more serious problem facing the nation.”

“Given that inflation’s impact is regressive, the Sentiment Index fell by 9.4{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} among households with total incomes below $100,000 in early January, but rose by 5.7{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} among households with incomes over that amount,” he added. 

Overall, consumers’ one-year inflation expectations edged back up to 4.9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}, or the highest level since 2008, from December’s 4.8{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. 

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9:30 a.m. ET: Stocks open lower after disappointing economic data, mixed bank earnings

Here’s where markets were trading just after the opening bell Friday morning: 

  • S&P 500 (^GSPC): -28.25 (-0.61{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}) to 4,630.78

  • Dow (^DJI): -337.64 (-0.76{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}) to 35,775.98

  • Nasdaq (^IXIC): -51.93 (-0.34{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}) to 14,756.56

  • Crude (CL=F): +$0.56 (+0.68{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}) to $82.68 a barrel

  • Gold (GC=F): +$3.90 (+0.21{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}) to $1,825.30 per ounce

  • 10-year Treasury (^TNX): +2.5 bps to yield 1.734{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

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8:32 a.m. ET: Retail sales drop 1.9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in December, missing estimates

Retail sales posted a large-than-expected drop in December, as consumer spending pulled back from earlier in 2021. 

The total value of U.S. retail sales was down 1.9{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in December compared to November, the Commerce Department said Friday. This was the first monthly drop since July, and the biggest decline since February 2021. Consensus economists had looked for a dip of just 0.1{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}, according to Bloomberg data. In November, retail sales rose 0.2{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}, with this figure also downwardly revised. from the 0.3{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} rise previously. reported. 

By category, non-store retailers, or e-commerce stores, saw by far the biggest drop in monthly retail sales, with these falling 8.7{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in December. Department stores also posted a 7.0{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} drop in sales, and furniture and home furnishing sales declined by 5.5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. Still, the weakness was broad-based in December, and nearly every category of retailer saw a monthly drop in sales. Notably, building material stores saw a nearly 1{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} sales rise during the month, and miscellaneous store retailers’ sales rose by 1.8{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. 

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7:43 a.m. ET: ‘The economy continues to do quite well despite headwinds related to the Omicron variant’: Dimon 

JPMorgan Chase CEO Jamie Dimon struck an upbeat tone about the trajectory of the economic recovery even given the latest disruptions caused by the rapidly spreading Omicron variant. 

“The economy continues to do quite well despite headwinds related to the Omicron variant, inflation and supply chain bottlenecks,” Dimon said in the bank’s fourth-quarter earnings report on Friday. “Credit continues to be healthy with exceptionally low net charge-offs, and we remain optimistic on U.S. economic growth as business sentiment is upbeat and consumers are benefiting from job and wage growth.”

Both JPMorgan Chase and Wells Fargo cited an increase in loans as contributing to results at the end of last year, suggesting consumers and businesses were remaining confident in borrowing and spending. 

However, JPMorgan’s fixed-income and stock-trading businesses saw sales fall over last year. Fixed income sales and trading revenue declined 16{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over last year to $3.33 billion, which the bank attributed to “a challenging trading environment in rates, as well as lower revenues in credit and currencies & emerging markets compared to a strong prior year.” Equities sales and trading revenue dipped 1.8{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} to $1.95 billion.  

Overall, adjusted revenue grew 0.6{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over last year to reach $30.35 billion, topping estimates for $30.01 billion, according to Bloomberg data. Earnings per share were $3.33, exceeding expectations for $2.99. 

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7:32 a.m. ET Friday: Stock futures give up earlier gains, point to a lower open 

Here’s where markets were trading before the opening bell:

  • S&P 500 futures (ES=F): -5 points (-0.11{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}), to 4,647.00

  • Dow futures (YM=F): -37 points (-0.1{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}), to 35,952.00

  • Nasdaq futures (NQ=F): -30.75 points (-0.2{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}) to 15,459.50

  • Crude (CL=F): +$0.58 (+0.71{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}) to $82.70 a barrel

  • Gold (GC=F): +$0.90 (+0.05{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}) to $1,822.30 per ounce

  • 10-year Treasury (^TNX): +3.3 bps to yield 1.742{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

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6:01 p.m. ET Thursday: Stock futures open slightly higher

Here’s where markets were trading Thursday evening: 

  • S&P 500 futures (ES=F): +4.25 points (+0.09{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}), to 4,656.25

  • Dow futures (YM=F): +37 points (+0.1{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}), to 36,026.00

  • Nasdaq futures (NQ=F): +18.75 points (+0.12{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}) to 15,509.00

NEW YORK, NEW YORK - JANUARY 11: Traders work on the floor of the New York Stock Exchange (NYSE) on January 11, 2022 in New York City. After yesterdays sell off, the Dow was down only slightly in morning trading. (Photo by Spencer Platt/Getty Images)

NEW YORK, NEW YORK – JANUARY 11: Traders work on the floor of the New York Stock Exchange (NYSE) on January 11, 2022 in New York City. After yesterdays sell off, the Dow was down only slightly in morning trading. (Photo by Spencer Platt/Getty Images)

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Emily McCormick is a reporter for Yahoo Finance. Follow her on Twitter

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Starting a small business? Tips to get you started

So you are considering about starting off a enterprise. If so, you need a web page. But exactly where to start out?

Initial, you need to secure your identify on the world wide web. In point, I advocate doing a identify search at the same time on the Oregon Secretary of State’s website and the web page registration corporation, aka “registrar”, of your selection.

There are tons of them out there, but in no certain order, some solutions incorporate namecheap.com, Google Domains, and domain.com. The goal is to uncover a name that is out there in Oregon and on the net.

The moment you have made the decision on a identify and decided that it is out there in Oregon and on the net, you need to sign up it. Registering a domain name is basic, inexpensive and places your stake in the ground.

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Former Target Exec Joins Ahold Delhaize’s Retail Business Services Team

Retail Business Expert services, the solutions organization of Ahold Delhaize United states, has hired Teresa K. White as its VP of money organizing and assessment (FP&A). Dependent out of the Salisbury, N.C., office, she will direct all FP&A routines for the firm, like coming up with and executing the economical-planning cycle to assure the company’s methods and operational targets.

Just before joining Retail Small business Expert services, White was director, money planning and evaluation – international supply chain and logistics for Minneapolis-primarily based Concentrate on, exactly where she furnished FP&A insight, steering and help for growth techniques and economic choices within just the ground breaking distribution house. She led a higher-undertaking staff that presented money assist for all regional distribution facilities, success facilities, upstream distribution facilities, flow centers and import warehouses to make sure on-time shipping and delivery to Target’s retailers, as perfectly as electronic visitor fulfillment.

“We’re delighted to welcome Teresa to the Retail Organization Solutions group,” claimed Roger Wheeler, president of Retail Business enterprise Solutions. “A verified leader, Teresa brings deep know-how in functions and retail to the part. She also has a deep enthusiasm for lifestyle, variety, fairness and inclusion that we appear ahead to leveraging as we proceed to produce our society of belonging and welcome more and a lot more new talent to our corporation.”

White’s practical experience also includes main the enterprise setting up and analysis for the U.S. over-the-counter portfolio at Fort Truly worth, Texas-dependent Alcon, which provided the Clear Treatment, Opti-Free of charge, Pataday, Systane and Genteal eye treatment brands. Prior to that, she spent 11 several years with Cincinnati-primarily based Procter & Gamble. Her early career experiences spanned such economic expert services firms as Wachovia (now Wells Fargo), Morgan Stanley and Prudential.

She holds a bachelor of science degree in finance and authentic estate from Florida State University’s Higher education of Business enterprise.

“I’m energized to be part of the Retail Business enterprise Providers workforce,” reported White. “The organization’s promise to provide skills and impressive methods to a community of retail partners aligns with both equally my knowledge and passion to help extraordinary shopper-centered brand names. I am most wanting forward to continuing my job in retail and receiving to know the Retail Small business Companies group, as well as other groups all through Ahold Delhaize United states companies.”

​Retail Business enterprise Products and services at the moment provides services to five omnichannel grocery brands: Meals Lion, Huge Food items, The Giant Co., Hannaford, and Quit & Shop. It leverages the scale of the nearby models to generate synergies and offers insights and analytics to neighborhood brand names to guidance their approaches with such expert services as Company Integrity Services (legal, risk administration, good quality assurance) Organization Products and services (HR know-how programs and method management) Communications and Omnichannel Services Finance Business enterprise Companies Economic Scheduling and Analysis Human Means Oblique Sourcing Information and facts Technologies Pharmacy Services Retail Innovation Retailer Enhancement Leasing and Facilities Guidance and Technique and Company Progress. 

Mother or father firm Ahold Delhaize Usa, a division of Zaandam, Netherlands-based Ahold Delhaize operates additional than 2,000 suppliers throughout 23 states and is No. 10 on The PG 100, Progressive Grocer’s 2021 listing of the best food stuff and consumables merchants in the United States. Minneapolis-based Concentrate on Corp. is No. 6 on The PG 100.