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Oil And Natural Gas: Oil Remains High Above $82.00
Article By:
Finance Brokerage
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Monday, August 7, 2023 7:24 AM EDT
During the Asian trading session, the oil price was retreating from the $83.26 level. We are currently at the $82.40 level, and based on today’s consolidation, we can expect a continued pullback to the $82.00 level.
Recession Forecast Still Correct For Late 2023 Or Early 2024
Article By:
Bill Conerly
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Sunday, August 6, 2023 11:44 AM EDT
Could the delaying factors ease the economy into a soft landing? That looks more plausible than ever before, but forecasting “this time it’s different” usually turns out badly.
Soaring Structure Investment Makes Up For Slowing Consumption As GDP Grows At 2.4 Percent In Q2
Article By:
Angry Bear
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Sunday, August 6, 2023 9:43 AM EDT
The economy grew at a 2.4 percent annual rate in the second quarter, as strong investment growth offset slower consumption growth. Consumption spending grew at just a 1.6 percent annual rate, down from a 4.6 percent rate in the first quarter.
Week In Review: Mundipharma Considers $1 Billion Sale Of China Operations
Article By:
ChinaBio® Today
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Saturday, August 5, 2023 2:19 PM EDT
Mundipharma is considering selling its China operations in a deal that could be worth $1 billion. Additionally, Oramed Pharma plans to form a $60 million JV with Hefei Tianhui Biotech to commercialize Oramed's oral drug delivery products globally.
Underutilization Of Federal Office Buildings In The Work-From-Home Era
Article By:
Timothy Taylor
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Wednesday, August 2, 2023 1:10 AM EDT
The federal government already has excess office space 20 years ago. Now in the work-from-home post-pandemic environment, federal office buildings are about 25% occupied as of earlier this year.
Who Owns The Data Your Car Collects?
Article By:
Shelly Palmer
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Tuesday, August 1, 2023 10:15 AM EDT
Today, all cars are computers on wheels. Which raises a series of questions about data collection, security, retention, and governance. California’s new privacy regulator just announced its first-ever enforcement action regarding this data.
German Labor Market Shows Very First Cracks
Article By:
Carsten Brzeski
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Tuesday, August 1, 2023 5:59 AM EDT
Under the surface of strong headline numbers, the labor market is starting to show the first cracks. This should limit the risk of a textbook-style wage-price spiral.
Social Media And Inequality In Venture Capital Funding
Article By:
Alpha Architect
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Monday, July 31, 2023 10:37 PM EDT
Examining the role of social media in venture capital financing, its impact on disparities faced by underrepresented groups, and the mechanisms through which social media usage can facilitate venture capital funding.
Most European Banks Prove Resilient In Bank Stress Tests
Article By:
ING Economics
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Monday, July 31, 2023 9:04 AM EDT
The European bank stress tests didn't reveal big capital gaps. Overall, we think the results confirm that the banking system is strongly capitalised and we see the results as supportive for bank risk.
In this article: EZU
Asia Morning Bites - China PMI Data
Article By:
ING Economics
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Monday, July 31, 2023 4:13 AM EDT
China PMI reports to be the main focus for Monday with US non-farm payrolls looming on Friday.
Week In Review: Pyrotech Closes $97 Million Series A Round For Immunomodulator Drugs
Article By:
ChinaBio® Today
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Saturday, July 29, 2023 1:59 PM EDT
Beijing’s Pyrotech Therapeutics completed a $97 million Series A funding to develop novel small molecule drugs that modulate immune responses for autoimmune diseases. Meanwhile, Mirxes Holding closed a Series D funding round that raised $50 million.
Data Is AIr
Article By:
Chris Skinner
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Wednesday, July 26, 2023 6:04 AM EDT
A while ago, I cited one of the lessons of Doing Digital is that data is the air that we breathe: Data is the new air, and the banks that breathe the best will win
A Big Picture Summary Of Why A Recession Still Looks Likely, Even If It Hasn’t Occurred Yet
Article By:
New Deal Democrat
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Monday, July 24, 2023 9:54 AM EDT
Let me start by saying that while a few people called for a recession last year, most did not. That’s because the downturn in GDP was largely inventory driven and also by the gas price spike, which was geopolitical and speculative.