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Zero Hedge 05/28/2020 08:45
Q1 GDP Revised To -5% As Corporate Profits Plunge 14%. Thu, 05/28/2020 - 08:45. With everyone's attention focusing on what the state of the economy is currently as opposed to last quarter, today's 2nd revision of Q1 GDP was unlikely to get much attention, and that's why the fact that according to the 2nd estimate of first quarter growth the US economy contracted at a 5% annualized pace will have no impact on markets. With Q1 GDP initially reported a sinking -4.8%, this number has now been revised to -5.0%, following an upward revision to consumer spending offset by a sharp drop in private inventories. The changes between the first and second estimate are as follows:. Personal Consumption revised higher: from -5.26% to -4.69%. Fixed Investment u.
Altcoin Buzz 05/28/2020 08:44
Cryptocurrency startups express relief as the Reserve Bank of India (RBI) removes the ban on them. The RBI had, for a long time, maintained its stranglehold over cryptocurrency exchanges and startups in the country. It has also vehemently opposed crypto businesses and traders in the Supreme Court (SC). It even prohibited all financial institutions including [...]. . 05/28/2020 08:41
Over 550 have signed up for the 11 June 2020 webinar centrally-featuring Loganair CEO, Jonathan Hinkles, entitled: “Loganair’s post-COVID network and airport partnership aspirations.” We are now taking amazingly intelligent questions in advance. Register now Submit Loganair CEO a question Over 550 have already signed up for the 11 June 2020 webinar, which will centrally-feature […]. .
Zero Hedge 05/28/2020 08:40
The Collapse In US Durables Goods Orders Accelerates In April. Thu, 05/28/2020 - 08:40. After March's collapse (a record ex-one off outliers), April's durable goods orders weakness was expected to accelerate and it did, with preliminary data plunging 17.2% MoM (worse than the 16.6% decline in March). This sent durable goods orders down 19.4% YoY - the worst since the financial crisis...
Kuwait Times (Kuwait) 05/28/2020 08:39
DUBAI: The number of coronavirus cases in the six Gulf Arab states doubled in less than a month to surpass 200,000, according to a Reuters’ tally, at a time the region’s two biggest economies move to resume activity. Coronavirus infections in the energy producing region, which crossed the 100,000 mark on May 11, had initially […]
The COVID-19 pandemic has been a unique situation that has required work across federal and state agencies to support communities and frontline workers during this challenging time. The U.S. Department of Health and Human Services (HHS) has played a key role by providing effective health and human services and fostering advances in medicine, public health […]

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