• Reuters

    German business activity returns to growth in April, PMI survey shows

    Germany's private sector unexpectedly returned to growth in April, driven by a solid rise in activity in the country’s service sector, a preliminary survey showed on Tuesday. The composite PMI index tracks the services and manufacturing sectors that together account for more than two-thirds of the German economy. "Factoring in the PMI numbers into our GDP Nowcast, we estimate that GDP may expand by 0.2% in the second quarter, following an estimated 0.1% growth in the first quarter," said Cyrus de la Rubia, chief economist at Hamburg Commercial Bank.

  • Cover Media

    Morgan Wallen speaks out about recent arrest

    Wallen was arrested on April 7 "in downtown Nashville for reckless endangerment and disorderly conduct," according to attorney Worrick G. Robinson.The country star threw a chair off the roof of Chief's bar which landed near police officers below on the street. Wallen took to X on April 19 to publicly address the incident, NBC News reports. "I didn't feel right publicly checking in until I made amends with some folks. I've touched base with Nashville law enforcement, my family, and the good people at Chief's. I'm not proud of my behavior, and I accept responsibility."

  • Insider Monkey

    Is CME Group (CME) Far From an Average Business?

    Cooper Investors, an investment management firm, released its “Cooper Investors Global Equities Fund” first quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund returned 7.4% in the first quarter, compared to a 9.4% return for the benchmark MSCI ACWI. The market rally, which started in late October 2023, has […]