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 0 (0)
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 0 (0)
These are the stocks posting the largest moves in midday trading.
Delays for unemployment benefits persist, over a year into pandemic 0 (0)
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 0 (0)
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 0 (0)
These are the stocks posting the largest moves before the bell.
US Dollar Fundamental Forecast: US Non-Farm Payrolls in Focus After FOMC Week 0 (0)
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 0 (0)
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 0 (0)
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 0 (0)
A strong Covid-19 vaccine program reduces risks stemming from the Delta variant. BoE optimism on economic recovery grows.