2024 NMMA Canada Hall Of Fame Opens Call For Nominations

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FEATURED INDUSTRY NEWS 2024 NMMA Canada Hall Of Fame Opens Call For Nominations Nominations are being accepted for the 2023 NMMA Canada Hall of Fame. Inductees in the NMMA Canada Hall of Fame include those who have or continue to, generate substantial and lasting contributions toward advancing the marine industry. Read More MRAA Introduces AI-powered Content Delivery The Marine Retailers Association of the Americas introduced an artificial intelligence-powered content delivery system that will revolutionize how MRAA Members can find answers to their most pressing challenges and opportunities — and will do so faster than ever before. Introduced Tuesday at Dealer Week as part of MRAA President Matt Gruhn’s state of the association presentation, the platform — known as AIMIE, an acronym representing AI for Marine Industry Education — has been trained on MRAA’s vast catalog of dealership-specific content. Read More LEADING ECONOMIC AND POLICY NEWS Wholesale Inventories Fell More Than Expected In October The Wall Street Journal reports that US wholesale inventories 0.4% in October, according to numbers released by the Department of Commerce on Thursday. Economists surveyed by the Journal expected a decline of 0.2%. Senate Appropriations Chair Warns Risks Of Partial Government Shutdown Are Rising Bloomberg reports Senate Appropriations Chair Patty Murray “warned Thursday that the risks of a Jan. 20 partial government shutdown are rising because the two parties are still sparring over annual spending limits.” The ongoing “conflict over the overall amount of annual spending, which is needed to pass full-year funding bills, threatens to force at least a partial government funding lapse.” Murray said, “It’s absolutely dangerous.” House Speaker Johnson “has said he won’t support any new temporary spending bills to postpone a shutdown.” He and Senate Majority Leader Schumer “have been trying to negotiate the spending level for weeks. Murray warned if no deal is done next week, when a three-week recess begins, lawmakers won’t have time to complete detailed spending bills before the shutdown deadline. Murray said she’s concerned the inaction will force a full-year stopgap measure that would trigger across-the-board cuts to defense and domestic spending and prevent detailed adjustments to agency spending priorities.” Saudis And Russia Urge All OPEC+ Members To Commit To Output Cuts Reuters reports that Saudi Arabia and Russia, “the world’s two biggest oil exporters, on Thursday called for all OPEC+ members to join an agreement on output cuts for the good of the global economy only days after a fractious meeting of the producers’ club. Hours after Russian President Vladimir Putin went to Riyadh in a hastily arranged visit to meet Saudi Crown Prince Mohammed bin Salman, the Kremlin released a joint Russian-Saudi statement about the conclusion of their discussions. ... ‘In the field of energy, the two sides commended the close cooperation between them and the successful efforts of the OPEC+ countries in enhancing the stability of global oil markets,’ said the statement released by the Kremlin.” Nasdaq Closes Higher; Dow, S&P Snap 3-Day Losing Streak CNBC reports, “Stocks rose Thursday, allowing the Dow Jones Industrial Average and S&P 500 to break three-day losing streaks as Friday’s all-important jobs report loomed.” The S&P 500 “climbed 0.80% to 4,585.59, while the blue-chip Dow added 62.95 points, or 0.17%, to 36,117.38.” The Nasdaq Composite “advanced 1.37% to 14,339.99 as technology stocks outperformed. Google-parent Alphabet gained more than 5% as traders cheered the company’s launch of its Gemini artificial intelligence model. Nvidia and AMD also added more than 2% and 9%, respectively.” Previous Top Stories  • 2022 U.S. Recreational Boating Statistical Abstract Full Report Released  • In Boost To Federal Reserve’s Fight Against Inflation, Unit Labor Costs Revised Downward For Q3

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