Monthly archive October, 2018

Federal Reserve Chairman Jerome Powell delivered remarks on monetary policy in the current environment of low inflation and low unemployment in remarks at the annual meeting of the National Association for Business Economics on Monday.Original Article Read More →

British service sector growth remained strong in September, but the pace of expansion eased moderately since August, survey data from IHS Markit showed Wednesday. The IHS Markit/Chartered Institute of Procurement & Supply services Purchasing Managers' Index dropped to 53.9 in Read More →

Reflecting strong job growth in both the goods-producing and service-providing sectors, payroll processor ADP released a report on Wednesday showing a much bigger than expected increase in U.S. private sector employment in the month of September.Original Article Read More →

Cryptocurrencies are trading lower Wednesday morning as sentiment was damped by a slew of negative news, especially on the price of Bitcoin. Overall cryptocurrency market capitalization was $215.33 billion and the Bitcoin dominance rate was 52.1 percent on CoinMarketCap as Read More →

Growth in U.S. service sector activity unexpectedly accelerated in the month of September, according to a report released by the Institute for Supply Management on Wednesday. The ISM said its non-manufacturing index climbed to 61.6 in September from 58.5 in Read More →