US Treasury Yields Hit Highest In Over 10 Years: Ackman Scores Early Win Over Buffett
U.S. long-term Treasury yields have soared to their highest levels in more than 10 years, unsettling investors as…
Inflation Concerns Rekindle Rate Hike Debate: What 5 Top Economists Say After July FOMC Minutes Reveal
The July FOMC minutes show that a majority of Fed officials are concerned about upside risks to inflation, now economists are responding.
‘PayPal To Halt UK Crypto Sales Until 2024’ – Reuters News
https://www.reuters.com/technology/paypal-halt-uk-crypto-sales-until-2024-2023-08-16/
Payments giant PayPal (PYPL.O) will stop allowing UK customers to buy cryptocurrencies through its platform
FOMC Minutes Preview: How Will Markets React To Fed’s Rate Clarity?
Investors are eagerly anticipating Wednesday’s 2:00 p.m. ET release of the minutes from the latest Federal Open Market…
July’s Resilient Retail Sales Spark Speculation About Fed Policy And Economic Trajectory; Economists Weigh In
Consumer spending maintained its robust momentum in July, as indicated by the latest retail sales data.
Total sales grew by 0.7% month-on-month, the highest since January 2023, advancing from an upwardly revised 0.3% growth in June and sharply beating forecasts of 0.4%.
In annual terms, retail sales soared 3.2%, smashing expectations of 1.5%.
Reported Earlier August 15, ‘Mpox Virus Continues To Spread, Driven By China’s Community Transmission’ – HealthQuill
https://healthquill.com/mpox-virus-continues-to-spread-driven-by-chinas-community-transmission/
August 15, 2023: Three people have died and 1,020 newly confirmed cases of mpox were reported globally to the WHO during
‘Taiwan Adds China, Thailand To Travel Alert List Amid Growing Mpox Cases’ – Focus Taiwan
Taipei, Aug. 15 (CNA) The Taiwan Centers for Disease Control (CDC) on Tuesday raised a travel notice relating to mpox (monkeypox) for China and Thailand following surges in cases of the disease there, advising people to practice precaution when traveling to the two countries.
‘Treasury Secretary Yellen Says Magic Mushrooms She Ate In China Were ‘Delicious,’ But Didn’t Make Her Trip’ – Marijuana Moment
https://www.marijuanamoment.net/treasury-secretary-yellen-says-magic-mushrooms-she-ate-in-china-were-delicious-but-didnt-make-her-trip/
The U.S. treasury secretary said that the magic mushrooms she ate at a restaurant
China’s Central Bank Takes Surprising Step As Economy Falters: Why Americans Should Care
After an unexpected lending rate cut from the People's Bank of China Thursday, Goldman Sachs economists are forecasting further rate reductions this month and into the fourth quarter.
US Retail Sales Accelerate, On Track For The Best Streak In Over A Year: Sector ETFs To Keep An Eye On
The retail sales figures for July are about to hit the scene this week, and the forecast is…