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Spending on services rose 1.0%, a broad increase led by food services and accommodations. Outlays on services last month were 1% above their February 2020 level. Healthcare, transportation and recreation are yet to recoup their pandemic losses.

Manchester United jumped 5.8% in New York trading to close at $18.29 Friday after the club confirmed a deal with Juventus Football Club S.p.A for Ronaldo’s transfer pending agreement of personal terms, visa and medical. Shares of the Italian football club rose 1.2% Friday.

About half of the Ethereum ecosystem split into a separate chain after a bug in the Go Ethereum, or Geth, software effected users who hadn’t implemented an update meant to fix the mistake, said Maddie Kennedy, a spokesperson at the cryptocurrency research firm, Chainalysis.

Powell did just enough to preserve the view that his goals align with investors’: growth that is fast enough to boost hiring and earnings but not inflation, and an approach to stimulus that avoids shocks and leaves actual interest rates alone. While other Fed speakers sowed angst with hawkish pronouncements in recent days, Powell’s messaging defused the tension.

The question doing the rounds since the past couple of weeks is ‘are the markets at the top of their cycle?’ The fact that people have turned weary and the broader indices have reacted accordingly imply that there are no indications of a top as of now.

Over any 12-month period, equities have historically, on an average, outperformed bonds 60-70% of the time. Therefore, it makes sense that the consensus is for equities to outperform in the coming 12 months – probabilistically this has been the most likely outcome.

Last year, Tata Motors had announced that it would turn its domestic PV business unit into a separate entity and seek a strategic partnership in order to help the unit secure its long-term viability.

Asian Paints, Berger Paints and Kansai Nerolac are currently the top three players in the paints segment. Relative newcomer JSW Paints has announced plans to expand its footprint to the northern and eastern regions to become a pan-India player and has plans to make a public market debut by 2025. Competition from Grasim, according to analysts, is expected to disrupt the market share of the top three players.

The Congress of El Salvador approved in June https://www.reuters.com/technology/bitcoin-become-legal-tender-el-salvador-sept-7-2021-06-25 a proposal by President Nayib Bukele to make the country the first in the world to adopt Bitcoin as legal tender.

The acquisition is expected to help Nazara make further inroads into the real-money gaming sector, a senior company executive said, adding that the listed entity is eyeing more acquisitions in the space to fill gaps in its product and distribution lineup.