(Office for National Statistics) UK gross domestic product surged by 4.8% in the second quarter, following the easing of coronavirus restrictions. The UK GDP is now 4.4% below the pre-pandemic…
(Nio Inc.) Nio Inc. saw a 127.2% year over year jump in revenues to RMB8,448.0 million or $1,308.4 million in the second quarter of 2021. The jump in revenues was…
(eBay) eBay’s annual active sellers grew by 5% to hit 19 million by global numbers even as the company announced a commitment to embracing next-gen technology to grow its user…
(Coupang) Coupang’s net revenue in the second quarter was $4.478 billion, up 71% from the comparable period of last year. Fresh revenue expanded by 100% year over year to exceed…
(Bloomberg) September lumber futures plunged by up to 4.4% to a price of $482.90 per thousand board feet, a record low since October 30. At $482.90 per thousand board feet…
(EIA) US crude oil inventories fell by 0.4 million barrels for the week that ended August 6, less than the expected drop of 1.2 million barrels. The decrease in the…
(EIA) US Energy Information Administration expects natural gas inventories to hit 3.592 billion cubic feet at the onset of the winter heating season in November. The inventories are 159 Bcf…
(Bloomberg) The Chinese banking and insurance regulators are tightening regulations on the insurance technology platforms, a move that has annoyed global investors. The regulator has ordered firms and local agencies…
(Bureau of Labor Statistics) Real average hourly earnings for US employees fell by 0.1% from June to July. The decline reflects a 0.4% surge in average hourly earnings, combined with…
(Bloomberg) The U.S. Senate Democrats passed a $3.5 trillion budget framework touching on the environment, poverty eradication, and the welfare of elderly Americans. The resolution unveils measures to achieve 80%…
(Bureau of Labor Statistics) US Consumer Price Index rose by 0.5% in July, the same as expected, after a 0.9% uptick in June. The food index rose by 0.7% in…
(Wix.com) Wix reported a net income of $37 million in the second quarter, compared to a loss of $57.7 million in the same period last year amid positive business traction. …