The New York Fed announced its new GDP tracking and forecasting tool, the FRBNY Nowcast. The tool will use near real-time data to update U.S. economic growth daily, as the Fed will release a report weekly using the tool and data.
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Breaking News
- Joe Biden Bashes Donald Trump for Inheriting His Wealth as He Touts His Middle-Class Upbringing in Union Speech
- ASML's Potential Exit from the Netherlands: Dutch Minister Remains Optimistic About Company's Future
- Shipping Industry Calls on UN to Protect Vessels, Seafarers Following Iran's Seizure of MSC Aries Container Ship
Germany's economy remains robust, the country's central bank said on Monday, predicting a generally positive end to the year despite a slowdown so far.
The forecast of increased revenues and profits had the share prices of United Utilities increase significantly.
Nintendo decided to keep its estimate for its 2013/14 Wii U sales forecast at 9 million still.
A Chromecast forecast signalled more Netflix subscribers up ahead.
Analysts said that Apple's September quarter forecast would give hints at next iPhone's release date.
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