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Services Sector Growth Moderates In September, Business Optimism Holds Strong
Wednesday, October 4, 2023 - 10:20am | 417The rhythm of expansion in the U.S. services sector slightly decelerated in September as elevated interest rates and uncertainty related to the risk of a government shutdown weighed on private businesses. The ISM Services PMI dropped by 0.9 percentage points to 53.6 in September, matching market...
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Coinbase Stock Dives After Q2 Earnings While Claiming They're An 'All Weather Company' For Crypto Prices Cycles
Tuesday, August 9, 2022 - 5:00pm | 687Cryptocurrency platform Coinbase Global Inc (NASDAQ: COIN) reported second quarter financial results and shared an updated full year guidance after market close Tuesday. What Happened: Coinbase reported second quarter revenue of $802.6 million, compared to $2.0 billion in the previous year’s...
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The Sustainable Energy Heroes Who Are Resisting A Tough Macroeconomy
Wednesday, March 4, 2020 - 12:45pm | 11572019 set quite a few records when it comes to stock market growth. And this is despite the tensions caused by Brexit and and the USA-China trade war saga. But the energy industry suffered some dramatic movements due to all this drama. And by energy industry, we mean the total of all companies...
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In New Demographic Era, Do Policy Interest Rates Even Matter?
Thursday, July 25, 2019 - 8:14am | 772Investors will watch intently as the Fed decides whether to cut interest rates to defend against a feared coming recession. Wall Street broadly expects the Fed to announce a rate cut when it meets July 31. But increasingly, many economists say it may not matter that much what the Fed does. The...
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5 Misconceptions About The $20 Trillion Of U.S. Debt
Thursday, March 8, 2018 - 1:46pm | 2169By Daniel Czulno The National debt is rarely a riveting topic that one looks forward to as part of, say, your average dinner table conversation. However, many of the ideas we often take at face value regarding national debt, the economy, and how nations function don't necessarily stand up to...
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Macroeconomics Expert Paul McCulley: 'I've Had It With My Profession'
Tuesday, June 14, 2016 - 10:55am | 356In a new blog post, former PIMCO chief economist Paul McCulley discusses his frustrations with today’s economists. McCulley’s most recent disappointment has to do with the community’s reaction to the surprisingly weak U.S. jobs report in May. Rather than focusing on the...
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The Economy is On the Ropes and Going Down
Wednesday, September 28, 2011 - 2:17pm | 3336The risk faced by those who are analyzing macro trends is sounding like a broken record. For those younger readers who have no idea what that means, imagine an MP3 song that will stick on and endlessly repeat a random segment of the song you are listening to until you give your device a sharp knock...