Summary United States: Economy Still Climbing the Mountain The second estimate of Q2 real GDP posted a 0.6% quarterly decline, slightly better than the first-reported 0.7% drop. New home sales fell 12.6% in July, reflecting the ongoing downshift in housing activity. Durable goods orders were essentially flat in July, while personal income and spending rose […]
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A Latin American e-commerce platform may have quietly discovered the formula for building a dominant online marketplace, growing faster than retail giant Amazon. Many U.S. consumers may not yet be familiar with the company, primarily Read more…
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