Tag: indicators

European stocks slip as PMI shows business activity surging; U.S. futures hold steady after Powell

European stocks struggled on Wednesday, with fresh data showing eurozone business activity growing at the fastest rate in 15 years, while U.S. equity futures inched up. Shares of Pernod Ricard rose after an upbeat forecast. The Stoxx Europe 600 index SXXP, -0.19% fell 0.2%, while the German DAX DAX, -0.43% and French CAC 40 PX1, […]

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European stocks slip and U.S. equity futures pause as investors continue to absorb hawkish Fed turn

European stocks dipped on Friday, while U.S. equity futures traded mostly flat, as investors continued to absorb a hawkish turn by the Federal Reserve. Banks and energy companies led the decliners. The Stoxx Europe 600 index SXXP, -0.13%, up 0.4% so far this week, slipped 0.2%, along with the German DAX DAX, -0.26%. The French […]

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Opinion: Media coverage of the economy ignores the plight of most Americans

We are apparently living in a time of good economic news. Headlines proclaim that the “US economy is growing at its fastest pace since 1984,” trumpet rapid growth, and declare the country to be on a “solid recovery path.” Opponents of the American Rescue Plan argued that further government help was unnecessary because of the strong economic rebound. What the […]

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Opinion: A more accurate inflation indicator is painting a bleaker picture for rising prices

Each month, with great fanfare, investors await the release of the Consumer Price Index, the headline metric that politicians and pundits cite as they opine about inflation. May’s CPI report, released June 10, gave those pundits plenty to discuss. It showed prices on the rise, up 5% in a year, marking the sharpest increase since […]

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