Russian service sector activity in July rises at fastest pace in 41 months
Aug 03, 2016 13:08 pm UTC| Commentary Economy
Russias headline seasonally adjusted Markit Services Business Activity Index rose to 55 in July, a 41-month high. It is up from Junes 53.8. The Julys figure indicates towards the most solid upturn in the nations service...
ADP points to returning stability in labor market
Aug 03, 2016 12:26 pm UTC| Commentary Economy
Today ADP employment numbers were released from US for the month of July. ADP number shows US economy and its labor markets are resilient and the recent momentum loss is stabilizing. There are two things to note even...
Aug 03, 2016 11:54 am UTC| Commentary Economy
ADP employment data to be released at 12:15 GMT is todays most vital dockets from US to be watched by market participants. This report is one of the key data that investors will use to gauge US economic strength. What...
German services PMI activity rises in July; increased demand, higher investments drive output
Aug 03, 2016 09:41 am UTC| Commentary Economy
Service providers in Germany have registered additional growth in both output and in new orders in the month of July. The final seasonally adjusted Markit Germany Services Business Activity Index rose to 54.4 in July from...
Is the concept of 'helicopter money' set for a resurgence?
Aug 03, 2016 06:50 am UTC| Insights & Views Economy Central Banks
As a student I was taught (and this will date me) that macroeconomics (the study of the economy as a whole) was essentially governed by two alternative views Keynesianism and Monetarism. Keynesians believed that the...
It's not 'corporate poaching' – it's a free market for brilliant people
Aug 03, 2016 06:37 am UTC| Insights & Views Business Economy
When Uber decided to develop its own self-driving car, it went big. The company came to Carnegie Mellon University, the epicenter for autonomous driving research for three decades, and hired away four professors and 36...
Museum economics: how the contemporary art boom is hurting the bottom line
Aug 03, 2016 06:14 am UTC| Insights & Views Economy Business
Americans clearly love their museums, particularly in the summer months. In fact, museum attendance is estimated at about 850 million visits a year, significantly more than all the major league sporting and theme parks...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects