The Bureau of Economic Analysis decreased December quarter’s GDP growth estimate from 2.6% to 2.2%. The GDP’s growth rate has now declined 200 basis points from 4.2% in the June quarter. more...
With Sterling up around 7% against the U.S dollar this year to date but down some 12% from the $1.50 level on the referendum on Britain's European Union (EU) membership in June 2016, what are the prospects for the Pound following the outcome of the 'Indicative Vote' process today in Parliament? more...
Apple announced a slew of new services at its event on Monday, including the Apple Card, a credit card that Apple is offering in partnership with Goldman Sachs and Mastercard. In this note, we take a look at what the new card could mean for Apple’s growing services business using Trefis data. more...
Litecoin prices have climbed sharply this year, producing notable gains as the digital currency benefits from strong fundamentals and favorable market conditions. The cryptocurrency, which is very similar to bitcoin, reached $56.27 today, according to CoinMarketCap. At this point, the digital currency was up more than 84% since the start of 2019, having reached its highest level since October, additional CoinMarketCap data reveal. ...
India’s mom and pop stores are just buying time before they are crushed by retail giants, as has been the case in America and elsewhere. more...
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