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Tyler Durden

US Durable Goods Orders Surge In January To Pre-COVID Highs

Having slowed for 3 straight months, analysts expected US durable goods orders to re-accelerate and they were not wrong as preliminary January data showed a huge 3.4% MoM jump (more than triple the +1.1% MoM expected). Source: Bloomberg That is the ninth straight monthly rise in durable goods orders after the March/April collapse, with orders

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S&P Global

Benchmark cash Dubai rises; focus remains on Asian buying

Singapore — Benchmark cash Dubai rallied at the Asia close Feb. 25, with attention shifting to Asian buying intent as trade for May-loading barrels approaches. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now S&P Global Platts assessed April cash Dubai at a premium of 55 cents/b to the same-month

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GlobeSt.com

Pa. Firms Lagged in Revenue, but Led in Expense Reductions

Photo: Shutterstock In a year when the average U.S. law firm was pleasantly surprised by strong revenue growth and remarkable profitability, a recent survey of 2020 financial results shows sluggish revenue growth in the Pennsylvania legal industry, but strong profits that were largely driven by the expense reduction that came with a shift to virtual operations….

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