Senator Elizabeth Warren and Joe Kernen had a heated spat on "Squawk Box" Friday morning, as the CNBC anchor took her to school over the Democrats' plan to impose a federal ban on so-called "price (more…)
By Julianne Geiger of Oilprice.com
Oil prices have dipped, with Brent crude hovering around $77 per barrel, leading some market analysts to spot potential short-term buying opportunities. Citi Research, in a note dated August 21, and seen by Investing.com, sees this price pressure as a likely precursor to a rebound despite recent easing in geopolitical tensions.
The recent price decline is primarily driven by two key factors: easing geopolitical risks, particularly in Gaza (more…)
S&P Global's Flash PMI data for August signals the continued divergence between US manufacturing (slump) and Services (survive).
Flash US Services Business Activity Index at 55.2 (July: 55.0) – 2-month high.
Flash US Manufacturing Output Index at 47.8 (July: 50.5) – 14-month low.
Flash US Manufacturing PMI at 48.0 (July: 49.6) – 8-month low.
And all that as 'hard' macro data is collapsing…
Source: Bloomberg (more…)
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