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To Meet Mobilization Quotas, Russia is Recruiting from the Worst of Its Society
Russia will need a substantial quantity of troops in order to achieve a new quota that will allow them to begin a spring offensive into Ukraine. Without regard to a person's social standing, Moscow wants to recruit anybody who is physically capable of engaging in combat.
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Intel Missed Estimates And Guides Lower, NASDAQ Indexes Lower Than S&P 500
Overnight Summary: The S&P 500 closed Thursday by 1.10% at 4060.43 from Wednesday lower by -0.02% at 4016.22. The overnight high of 4076.50 was hit at 4:05 p.m. EST. The low was hit at 4057.25 at 3:25 a.m. EST, a range of ~19 points high to low. At 7:10 a.m. EST, the S&P 500 (mini) was lower by -9.50 points which is -0.23%.
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For Cryptocurrency Traders and Bitcoin Miners, China has Implemented a 20% Tax
China's government has been ambivalent about bitcoin, from a complete prohibition to examining blockchain's potential. Some localities have begun taxing crypto revenue.
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U.S. Economy Maintaining a Steady Pace of Growth
Following the announcement of the fourth quarter GDP data by the Bureau of Economic Analysis, which showed that the economy of the United States 'increased' at a rate of 2.9% toward the end of the previous year, new jobless claims decreased last week.
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