(Eurostat) Construction sector production fell by 1.7% in the euro area and by 1.2% in the EU in June from May. Construction production had shed 0.4% in the euro area…
(Eurostat) Annual inflation in the EU rose at a faster rate of 2.5% in July 2021, the gain from 2.2% posted in June. The Euro area’s annual inflation increased by…
(PlanB) Plan B’s Bitcoin stock-to-flow pricing model shows that the cryptocurrency’s bull market is far from over. Plan B, which is the architect of the model, pointed out that the…
(Beincrypto) Chinese e-commerce firm Alibaba Group Holdings is seeking the approval of a non-fungible token marketplace from the Sichuan provincial government. Dubbed “Blockchain Digital Copyright and Asset-Trade,” the service will…
(Bloomberg) Palantir Technologies Inc. has used $50.7 million in August to buy and stockpile gold to prepare for potential global black swan events. Palantir is also inviting customers to make…
(Office for National Statistics) The Consumer Price Index in the UK was 2.1% for the year ended July 2021, a decline from 2.4% recorded in the 12 months to June.…
(Reuters) U.S. airlines tripled passenger volumes to 66.4 million in June from the same period last year, but the numbers were 21% lower than the pre-pandemic levels. The number of…
(WSJ) “Big Short” investors led by Michael Burry and hedge funds are betting for further plunges of the ARK Innovation ETF, which is already down 6.9% this year. At the…
(NAHB) US builders’ sentiment for newly constructed single-family homes fell five points to reach a 13-month low of 75 in August. Current sales conditions index plunged five points to 81,…
(Walmart) Walmart Inc. announced a 21.4% increase in its operating income to $7.2 billion in the second quarter of 2022 from the second quarter of the last fiscal year, driven…
(Federal Reserve) US saw its industrial production rise by 0.9% in July, a further rise from 0.2% increase in June. July’s total industrial production was 6.6% above last year level,…
(Census Bureau) US retail and food services sales fell 1.1% to $617.7 billion in July from June, below the expected drop of 0.3% as Delta variant slowed activity and stimulus…