Found: 252

ISM Services PMI Beats Forecast; S&P 500 Rises as Fed Remains Cautious

... positive picture across its subcomponents. The New Orders Index climbed to 52.3 (from 50.4 in March), reaching a four-month high and indicating that demand for services is rebounding after a spring lull. This uptick in new business is a favourable leading ... ... expansion amid economic uncertainties and rising wage costs, the worst of the service-sector job pullback might be over for now. Any return of the employment index to above 50 in coming months would signal net job growth in services – a development that would ...

The Circle: What Do the Russian Government's Plans to Allow Gasoline Exports Mean?

... in order to compensate for losses, raised exchange prices, which prompted the regulator to impose a temporary export ban and return to previous rules. This year, the crisis is linked to the risk of fuel shortages and the long-term impact of sanctions,... ... January-October 2024 was 220 billion rubles, and by the end of the year, it is expected to grow to 3.3 trillion rubles. With high debt market rates, almost all of this gap will need to be financed from the liquid portion of the National Wealth Fund (NWF),...