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US Services Drop Sharply: 'Darkening Picture' Of High Prices, Uncertainty, Economist Says
Friday, February 21, 2025 - 11:35am | 566Read More...February's flash S&P Global PMIs released Friday morning revealed a sharp, unexpected drop in services and raised concerns about the health of the private sector in the United States. Services PMI Falls Sharply Services PMI: The S&P Global Flash U.S. Services PMI Business Activity...
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June Jobs Report Preview: Cooling Labor Market Trends May Further Bolster Rate Cut Hopes
Wednesday, July 3, 2024 - 11:56am | 956Read More...The U.S. labor market doesn’t appear as tight and hot as a couple of months ago, with the June’s Employment Situation report likely to show an overall cooling trend from a very strong performance in May. Slated for release Friday at 8:30 a.m. ET, the official jobs report from the...
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US Business Activity Resurges In May, Largest Rise In 2 Years, But Return To 'Fed's 2% Target Still Seems Elusive'
Thursday, May 23, 2024 - 11:26am | 871Read More...The U.S. economy has surged back into full throttle after two months of slower growth, with flash PMI data for May indicating the fastest expansion in over two years. However, this growth is accompanied by a rebound in input costs, raising concerns about the feasibility of returning to the Fed...
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Ray Dalio Perplexed By Bitcoin's Popularity Despite Small Size Compared to Microsoft: 'I Don't Understand'
Thursday, April 27, 2023 - 1:47am | 430Read More...Billionaire investor Ray Dalio has spoken out about the attention given to Bitcoin (CRYPTO: BTC), despite its smaller market cap compared to tech giant Microsoft Corp (NASDAQ: MSFT). What Happened: In an interview with former model-turned-podcaster Chris Williamson on Wednesday, Dalio...
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Markit Economics Reports Weak U.S. Economic Growth In December
Tuesday, January 6, 2015 - 12:11pm | 279Read More...Markit Economics issued its Purchasing Managers’ Index Tuesday which highlighted declining growth in December. “The US economy lost significant growth momentum at the close of the year. Excluding the drop in activity caused by the October 2013 government shutdown, the manufacturing...
