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Credit reporting agencies Equifax Inc. EFX, -2.49%, TransUnion and Dublin-based Experian PLC EXPGY, -2.45% EXPN, -0.23% said Friday that they will continue to offer free weekly credit reports to U.S. consumers through the end of 2023. “This benefit will help consumers manage their financial health during a period of rising inflation and unprecedented economic uncertainty […]
Banking analyst Dick Bove of Odeon Capital said in a research note Friday that this week’s Capitol Hill hearings between bank CEOs and members of Congress revealed more topics of interest from Democrats than Republicans. “As might be expected, the Democrats had meaningful differences in interest from the Republicans,” Bove said. Democrat issues with banks […]
The Dow Jones Industrial Average DJIA, -0.35% is in danger of a fourth-straight selloff Friday, and is on track to break below the June closing low, as all of the index’s stocks trading in the premarket losing ground. The biggest loser is Chevron Corp.’s stock CVX, -0.08%, which slid 2.4% as crude oil futures CL00, […]
U.S. health officials say 4.4 million Americans have received the updated COVID-19 booster shot, the Associated Press reported. The Centers for Disease Control and Prevention posted the count Thursday as public health experts bemoaned President Joe Biden’s recent remark that “the pandemic is over.” The White House said more than 5 million people received the […]
US PMIs Up Next The next set of US PMI reports for the services and manufacturing sectors are due today and will be closely watched following the downside surprises seen last month. The drop in business activity in July saw the services sector reading falling into contractionary territory at 43.7, this time around the market […]
PMIs Turn Lower Still The latest round of Eurozone PMIs today highlighted worsening economic conditions in the single customs union. Both services and manufacturing sector readings were seen plunging further into contractionary territory last month. The manufacturing PMI was seen falling to 48.5 from 49.6, below forecasts for a 48.7 reading. Services, meanwhile, was seen […]