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Being optimistic about the current fiscal quarter, Nike expects the European government to lift restriction bans in April.American multinational corporation Nike Inc (NYSE: NKE) has reported mixed financial results in its fiscal third quarter. The earnings result for the third quarter, which ended on the 28th of February, 2021, was announced by
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U.S. President Biden said Friday he’s not budging on the $1,400 direct stimulus checks that his $1.9 trillion stimulus plan calls for. “It’s better economics,” Biden said of the relief package. “There’s a growing chorus of economists, right, center and left, that say we should be less focused on the deficit
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It has become clear by now that central bank digital currencies, or CBDCs, will be in our future and the technology will fundamentally change the use of money and the economic system as a whole.The world’s biggest economies and their central banks have announced they are working on CBDCs: the
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The Dow Jones fell 70 points on Tuesday.Fiscal stimulus is now a distant dream for the stock market, as Mitch McConnell has recessed the Senate till November 9.Consumer confidence is struggling as election concerns and coronavirus cases mount.The Dow Jones limped to the downside on Tuesday as consumer confidence lagged.
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The Dow Jones rallied triple digits on Tuesday.Dow bulls are optimistic about a stimulus deal.Jerome Powell joins Nancy Pelosi and Donald Trump in calling for an agreement.The Dow Jones rallied on Tuesday, as investors continue to follow the carrot of stimulus talks. With Nancy Pelosi, Jerome Powell, and Donald Trump
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Rival assets bitcoin and gold jumped hand-in-hand on Monday as investors pinned their hopes on central banks stimulating economies via new stimulus programs.The bitcoin-to-dollar exchange rate surged 3.28 percent to hit an intraday high of $8,64.08 following the European session open. At the same time, CME futures linked to the
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