The purchasing managers’ index signals expansion at values above 50 and contraction when below. Canva What Is the Purchasing Managers’ Index?The purchasing managers’ index is a major monthly economic indicator that focuses on the performance of the manufacturing sector. It is used to determine periods of expansion and contraction in the U.S. economy. Variations of…
Elon Musk is having a fine time throwing around his celebrity status in political circles these days. The CEO of Tesla (TSLA) – Get Tesla Inc. Report announced plans to buy Twitter (TWTR) – Get Twitter Inc. Report for $44 billion in April. Ever since then, Musk’s tweets have taken on a more political tone, or at…
Updated at 10:09 am EST U.S. stocks rebounded firmly Tuesday, following on from the worst week on Wall Street in more than two years, as investors eased back into risk markets despite persistent concerns over growth and inflation and fears of a near-term recession. The U.S. dollar index, which tracks the greenback against a basket…
Bitcoin was falling Monday as the world’s most popular cryptocurrency struggled to stay above the symbolic mark of $20,000. ‘Full Panic Mode’Bitcoin at last check on June 20 was at $20,385.12, up 4% in the last 24 hours. But it had fallen 23% in the past seven days. The cryptocurrency on Saturday had dropped as low as $17,592.78,…
Cruise lines face regulation not just from the country where their ships sail from, but also from the countries where they make port stops. That has led to a challenging array of covid protocols based on which ports of call a ship visits. That makes communication with passengers a challenge. In the early days of…
Bitcoin seems to be taking a welcome break for millions of investors. The most popular cryptocurrency, has regained some life: the price was at $19,516.56 at last check, up 3.4% in about the past 24 hours as of this writing, according to data firm CoinGecko. Bitcoin had fallen on June 18 to $17,677.43 before recovering…
Undoubtedly, this is the wake-up call the cryptocurrency market needed. Now, will this be enough to stabilize prices? The next few hours will tell, but there are still many questions, especially about the solvency of many crypto projects and firms. Elon Musk, the CEO of Tesla (TSLA) – Get Tesla Inc. Report, and one of…
It’s a real debacle. Bitcoin fell below $20,000 and $19,000 for the first time since 2020, marking a week in which panic seems to be dominating the cryptocurrency market. The price of Bitcoin was at $18,766.13 at last check, according to data firm CoinGecko. The most popular digital currency was down more than 9% in the…
Business inventories show how much merchandise remains to be sold and are considered a leading indicator to gauge future economic conditions. Canva What Are Business Inventories?Business inventories are an economic indicator that focuses on the total of inventories at each of the three stages of production: manufacturing, wholesale, and retail. The report on business inventories…
Competing against Amazon (AMZN) – Get Amazon.com Inc. Report is not easy for rival retailers as it projects its Prime service to have 152 million users in 2022. The online retail giant’s subscriber base is also a key to its success with its annual sales event Prime Day. Walmart (WMT) – Get Walmart Inc. Report made a play…
Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Figure Heloc 
Lido Staked Ether