Category: theyre
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An architect designed custom clocks for Pennsylvania’s Capitol a century ago. They’re still ticking
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Breadcrumb links PMN BMN Business Article writer: Associated Press Mark Solforo Published on December 22, 2024 • 2 min read You can save this article by registering for free here. Or log in if you have an account. Article content HARRISBURG, Pa. (AP) — The Capitol buildings always have an…
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The ECB Economists Aren’t Exactly Wrong About Bitcoin (They’re Just Useless)
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Follow Aaron on our or X. Earlier this month, the European Central Bank (ECB) published a report paper The authors claim that the existence of Bitcoin could lead to the impoverishment of non-holders and laggards. Specifically, they wrote: “Since Bitcoin does not increase the productive potential of the economy, the…
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I run a $100M VC fund for immigrants—here’s why they’re often better than those born here
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I spent the first years of my life in the Soviet Union in the 1970s. Even though I was young, I remember feeling like everyone’s goal was to fit in. There was little regard for individual rights, and ostracism was dangerous. It was only later that I realized that incompatibility…
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Traders have poured $5 billion into leveraged Nvidia ETFs. They’re up 425% even after the stock’s big wipeout.
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Stock market bullMoonset/Getty Images Leveraged ETFs tracking Nvidia’s performance have soared this year. The leveraged funds focused on the AI giant have attracted $5 billion from investors. This amount is leagues beyond other single-stock ETFs that track huge technology names. A new type of exchange-traded fund has been making waves…
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US ISM PMI data due Monday, the range of estimates (& why they’re crucial to know)
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The S&P Purchasing Managers’ Index (PMI) is the warm-up, scheduled for release at 9.45am EST. The ISM Manufacturing PMI is in greater focus, due to be released at 10am. By looking at the forecast range compared to the consensus average (“expected” in the screenshot above) for the ISM data point,…
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US CPI due Wednesday. Here are the ranges of estimates (& why they’re crucial to know).
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US consumer inflation data is scheduled to be released at 1230 GMT, which is 0830 EST. Previous previews: *** Well, what do you expect? This snapshot is from the ForexLive economic data calendar, Access it here. Take a look at the forecast range compared to the consensus average (“expected” in…