The U.S. economy is now larger than it was before the pandemic, but its growth rate may have peaked this year at a much slower pace than expected.
Archiv für den Monat: Juli 2021
The IRS has issued $10 billion in tax refunds on unemployment benefits. Here’s why another break is unlikely next year
The economy has improved and lawmakers are unlikely to offer another tax break to those who collected unemployment benefits this year, experts said.
Stocks making the biggest moves midday: Amazon, P&G, Caterpillar and more
These are the stocks posting the largest moves in midday trading.
Delays for unemployment benefits persist, over a year into pandemic
About 38% of people who got their first installment of benefits in June had waited more than three weeks, the official barometer for a „timely“ payment.
SEC slaps new disclosure requirements on Chinese IPOs amid Beijing’s crackdown
The Securities and Exchange Commission said Friday it will now require additional disclosures from Chinese companies seeking a listing on U.S. stock exchanges.
Stocks making the biggest moves premarket: P&G, Exxon Mobil, Chevron, Caterpillar and others
These are the stocks posting the largest moves before the bell.
US Dollar Fundamental Forecast: US Non-Farm Payrolls in Focus After FOMC Week
The US Dollar slipped last week after the Federal Reserve calmed taper timeline talks. Friday’s non-farm payrolls figure may rekindle upside USD bets if impressive.
Bitcoin (BTC) and Ethereum (ETH) Moving Apart, Binance Shutters Some European Derivative Markets
Ethereum is starting to outperform Bitcoin again ahead of ETH’s latest upgrade, while Binance continues to pare back business areas amid ongoing regulatory pressure
Australian Dollar Outlook Bleak: AUD/USD Eyes RBA, Delta Variant, Beijing Crackdowns
The Australian Dollar remains vulnerable in the week ahead, eyeing risks such as a dovish RBA, surging Covid cases and recent crackdowns by Beijing. Might US NFPs offer some relief to AUD/USD?
British Pound Forecast: GBP Caution as BoE Meeting Looms
A strong Covid-19 vaccine program reduces risks stemming from the Delta variant. BoE optimism on economic recovery grows.