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The Conference Board Leading Economic Index® (LEI)for theU.S. decreased by 0.3 percent in March 2024 to 102.4 (2016=100), after increasing by 0.2 percent in February. Over the six-month period between September 2023 and March 2024, the LEI contracted by 2.2 percent—a smaller decrease than the 3.4 percent decline over the previous six months. “February’s ...
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As Bitcoin is about to undergo a reduction in new tokens created, that should reinforce its appeal to retail investors as “the soundest form of money,” according to Thomas Perfumo, head of strategy at crypto exchange Kraken. Late on April 19, Bitcoin will undergo a so-called halving, when supply of new tokens the network generates will fall in half. ...