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SNB defends raising rates, says not to blame for Credit Suisse failure
SNB defends raising rates, says not to blame for Credit Suisse failure
(This May 31 story has been corrected to clarify that Jordan's comment referred to another bank and not Credit Suisse,
2023-06-01 20:27
What to expect from Friday's jobs report
What to expect from Friday's jobs report
Areas of the US economy have started to crack under the weight of persistently high inflation and a string of 10 consecutive rate hikes from the Federal Reserve.
2023-06-01 20:24
Recession ahead? By this metric, one's already here: Earnings shrink and Wall St fears worse to come
Recession ahead? By this metric, one's already here: Earnings shrink and Wall St fears worse to come
The latest round of corporate earnings is leaving Wall Street with a confounding sense of relief and lingering anxiety
2023-06-01 20:19
Brazil's GDP rises more than expected in first quarter boosted by farm sector
Brazil's GDP rises more than expected in first quarter boosted by farm sector
By Marcela Ayres BRASILIA Brazil's economy rebounded more than expected in the first quarter, boosted by a strong
2023-06-01 20:18
Diddy is suing the co-owner of his tequila for racial discrimination
Diddy is suing the co-owner of his tequila for racial discrimination
Sean "Diddy" Combs is suing Diageo for racial discrimination, claiming that the spirits company that produces DeLeón — the tequila he co-owns with the company — failed to market DeLeón on par with its other brands, including Don Julio and George Clooney's Casamigos brands.
2023-06-01 20:15
Macy's and Costco sound a warning about the economy
Macy's and Costco sound a warning about the economy
Macy's, Costco and other big chains say shoppers are pulling back at their stores and changing what they buy. That could be a red flag for the US economy.
2023-06-01 19:56
Macy's slashes expectations for the year after a pullback by shoppers in the spring
Macy's slashes expectations for the year after a pullback by shoppers in the spring
Macy’s slashed its annual profit and sales outlook with sales weakening sales in the first quarter during an increasingly challenging economic environment, including stubbornly high inflation
2023-06-01 19:55
Florida's homeowner insurance rates are four times the national average. That's not getting better anytime soon.
Florida's homeowner insurance rates are four times the national average. That's not getting better anytime soon.
Hurricane season officially starts Thursday. But no matter how many storms hit Florida this year, the state's residents are already struggling as they try to get homeowners' insurance.
2023-06-01 19:53
Macy's cuts annual forecasts as customers curb spending, shares fall
Macy's cuts annual forecasts as customers curb spending, shares fall
Macy's Inc on Thursday cut full-year sales and profit forecasts, hurt by a slowdown in demand for high-end
2023-06-01 19:29
Corporate Social Responsibility Related News Releases and Story Ideas for Reporters, Bloggers and Media Outlets
Corporate Social Responsibility Related News Releases and Story Ideas for Reporters, Bloggers and Media Outlets
NEW YORK--(BUSINESS WIRE)--Jun 1, 2023--
2023-06-01 19:29
PlugShare Achieves Milestone of More Than 6.5 Million Check-Ins as Global EV Adoption Grows
PlugShare Achieves Milestone of More Than 6.5 Million Check-Ins as Global EV Adoption Grows
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Jun 1, 2023--
2023-06-01 19:25
Boeing CEO 'not overly anxious' about Chinese narrowbody jet
Boeing CEO 'not overly anxious' about Chinese narrowbody jet
By Valerie Insinna CHARLESTON, South Carolina Boeing Co CEO Dave Calhoun downplayed speculation that China's maiden commercial flight
2023-06-01 19:24
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