The world’s largest economy continues to post upbeat economic data as 2021 draws to a close, but there are hints that growth may suffer in the new year. The latest risk factor is the political collapse of the Build Back Better Act (BBB), a $1.75 trillion economic and climate package. Earlier this week, Senator Joe…
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© Reuters. FILE PHOTO: The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo (Reuters) – The U.S. Security and Exchange Commission (SEC) said on Wednesday its EDGAR system was facing technical problems. EDGAR, or the Electronic Data Gathering, Analysis,…
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© Reuters. The Big Bet for FX Traders Is How Best to Hide From Inflation (Bloomberg) — Investors are redrafting their playbooks as they game out just how well different currencies can withstand — or harness — the rising tide of global consumer prices. For the likes of Amundi Pioneer Asset Management and Brandywine Global…
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© Reuters. By Geoffrey Smith Investing.com — Fresh data emerges that Omicron is less severe than all previous dominant strains of Covid-19 – but its high transmissibility still threatens to take millions of workers away from their jobs in the coming weeks. The U.S. will give its latest estimate for GDP in the third quarter….
XRP’s Market Price Soars Ahead of Sologenic Airdrop The crypto asset (XRP) markets have been humming because the digital currency has earned more than 10% over the past week. Over the last day, XRP has been swinging between $0.83 and $0.91 per token. XRP is up 54% year-to-date (YTD), representing 1.76% of the $2.3 trillion…
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