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NIO Auto's net loss in second-quarter revenue of 8.448 billion yuan narrowed 50.1% year-on-year
Sina Tech News reported in the early morning of August 12, Beijing time, that NIO (NYSE: NIO) today released the company's financial report for the second quarter of 2021 ending June 30. According to the report, NIO Auto's total revenue for the second quarter was RMB 8.448 billion (US$1,308.4 million), an increase of 127.2% compared to the same period last year and an increase of 5.8% compared to the previous quarter; net loss was RMB 587.2 million (about US$90.9 million), a 50.1% narrower than the same period last year, an increase of 30.2% over the previous quarter; attributable to the company's common shareholders
Biden chooses Frost of the New York Fed as Assistant Secretary of the Treasury for Financial Markets
U.S. president Joe Biden plans to nominate Joshua Frost, who has long worked at the Federal Reserve Bank of New York, as assistant secretary of the Treasury for financial market affairs, responsible for debt management, market supervision and regulation. Biden will announce the nomination on Tuesday, according to a person familiar with the matter. Frost has been working at the Ministry of Finance this year as Deputy Assistant Secretary for Financial Markets. The nomination needs to be confirmed by the Senate. Frost is likely to play a central role in the current assessment of the Treasury market. The trigger for this assessment was the outbreak of Covi in the $22 trillion US Treasury bond market in March 2020.
New York Fed survey: short-term inflation expectations of US consumers hit a record high
Us consumers expect the economy to continue to recover rapidly from the COVID-19 epidemic in the coming year, with forecasts for inflation, income, income growth and spending all rising in June, according to a monthly survey released by the New York Fed on Monday. The survey showed that the median consumer inflation expectations for the coming year rose for the eighth consecutive month in June, rising to 4.8 per cent from 4.0 per cent in May, the highest level since the survey was launched in 2013. Inflation expectations for the next three years remained unchanged at 3.6 per cent. The Fed's preferred inflation indicator has soared to the fastest annual growth rate since 1992, well above the Fed's target of 2%, but with the epidemic
The number of searches for "inflation" reached a 17-year high, and the financial celebrity: Americans panicked.
The original title: the search volume of "inflation" hit a 17-year high, and financial mouths: Americans panicked. Although the Federal Reserve has repeatedly said that inflation is temporary, people's concerns about inflation have only increased. This can be seen from the record high of the Google index of the word "inflation". This can be seen from the fact that the Google index of the word "inflation" hit an all-time high. Recently, the financial celebrity Peter Schiff spoke openly about inflation concerns and the Fed's false response to it. Searches for the word "inflation" reached its highest level since 2004 between May 9 and May 15, according to Google trend data. From 2004 to the end of 2020, almost all searches for the word were around 50.
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