ISM services PMI, jobless claims, and services PMI due Thursday

As time passes, it’s becoming increasingly difficult to ignore the macroeconomic elephant in the room. The U.S., the world’s most dominant economy, has $39 trillion in federal debt. This figure, which doesn’t include the $120 trillion in unfunded liabilities (related mainly to Social Security and Medicare) that the Congressional Budget Office estimates the U.S. will have…

With the end of August nearing, there are only four months until the calendar flips to 2027. While that may seem like an odd prospect, it’s the reality. Investors need to start thinking about which stocks will be the best performers in 2027, in order to buy them before the new year arrives. Major funds…

The NZD/USD pair enters a bullish consolidation phase at the start of a new week and trades around the 0.5975 region during the Asian session, just below its highest level since June, touched on Friday. New Zealand’s downbeat Retail Sales data acts as a headwind for the New Zealand Dollar (NZD), though weaker sentiment surrounding…

Choosing between Amazon.com (AMZN +0.02%) and Uber Technologies (UBER +1.61%) requires balancing cloud computing dominance against the world’s largest mobility platform. Which of these tech giants offers the better path for investors today? Amazon leverages its massive logistics network and cloud services to dominate digital commerce globally. Uber focuses on connecting riders and diners through…