Best Buy reports declines in 1Q profits and sales as gadget spending remains weak
Best Buy reported declines in fiscal first-quarter sales and profits as the nation’s largest consumer electronics chain continues to wrestle with a consumer spending slowdown in gadgets
2023-05-25 20:56
The US economy grew faster in the first quarter than previously reported
US economic growth in the first three months of the year was faster than previously estimated, the Commerce Department reported on Thursday.
2023-05-25 20:54
More Americans apply for jobless benefits but labor market remains tight
U.S. applications for jobless claims rose slightly last week but remain at healthy levels as companies seem reticent to let go of employees in a tight labor market
2023-05-25 20:49
Canada April factory sales most likely down 0.2% - Statscan flash estimate
OTTAWA Canadian factory sales most likely fell 0.2% in April from March, largely driven by the food and
2023-05-25 20:49
US economic growth for last quarter is revised up to a still-tepid 1.3% annual rate
The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said Thursday, a slight upgrade from its initial estimate
2023-05-25 20:46
Ralph Lauren posts surprise rise in quarterly sales on steady demand
(Reuters) -Ralph Lauren Corp reported a surprise rise in fourth-quarter revenue on Thursday, as affluent U.S. shoppers snapped up its
2023-05-25 20:25
Turkey cenbank's net forex reserves negative for first time since 2002
ANKARA The Turkish central bank's net forex reserves dropped into negative territory for the first time since 2002,
2023-05-25 20:20
Why China and Japan are praying the US won't default
As the clock ticks down toward an unprecedented US debt default, the world's second- and third-biggest economies are watching in fear.
2023-05-25 20:19
Markets suffer a debt ceiling-induced vibe shift
There are just four trading days left until the United States hits its "X" day — the ominous-sounding hard deadline for the government to raise the debt ceiling or risk defaulting on its obligations, according to the US Treasury. Investors are starting to squirm.
2023-05-25 20:18
BOJ's Ueda says targeting shorter-duration bond yield among future options
By Leika Kihara TOKYO Bank of Japan Governor Kazuo Ueda said changing the central bank's policy target to
2023-05-25 20:15
DBRS Morningstar puts U.S. triple-A rating on downgrade warning
LONDON Credit rating agency DBRS Morningstar put its rating for the United States on review for a downgrade
2023-05-25 19:57
Medable Vice President of Data Analytics Steve Jones Wins Esteemed Decentralized Solutions Individual of the Year
PALO ALTO, Calif.--(BUSINESS WIRE)--May 25, 2023--
2023-05-25 19:56