US business activity accelerated at the start of the third quarter, with S&P Global’s Flash Composite PMI Output Index rising from 51.9 to 53.6 in July, its highest level in eight months. The improvement was driven by the services sector, where the Business Activity Index climbed from 51.2 to 53.6, also an eight-month high. Manufacturing, […]
The post US PMI Hits Eight-Month High,Yet Rising Costs and Supply Delays Raise Caution appeared first on ActionForex.
Amazon created Prime Day to reward its most loyal shoppers. More than a decade later, the event has grown far beyond Amazon. Walmart, Target, Best Buy, Kohl’s, and other major retailers now routinely launch competing Read more…
Alphabet just reported the strongest quarter in Google Cloud’s history. Revenue came in at $119.8 billion, up 24% year over year. Cloud grew 82% to $24.8 billion and blew past analyst estimates. The Cloud backlog Read more…
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