Morgan Stanley’s Wilson Sees Risks Rising for US Consumer Stocks
Consumer stocks, one of the brightest corners of the market this year, are about to lose their shine
2023-09-26 00:22
Occidental to Keep Oil Production Steady Even as Crude Prices Near $100
Occidental Petroleum Corp. plans to keep its production steady even as oil prices have surged in recent weeks
2023-09-26 00:16
Ladbrokes Owner Erases Pandemic-Era Rally as Sales Slow
Entain Plc shares erased their rally from the pandemic following a warning of a sales slowdown and fading
2023-09-25 23:58
Michael Saylor’s MicroStrategy Spends $150 Million to Add to Bitcoin Stockpile
MicroStrategy Inc., the company best known as the largest publicly traded holder of Bitcoin, added to its hoard
2023-09-25 23:53
Valentino Chairman Gives Gloomy Outlook for Luxury Sector
The luxury industry’s troubles are mounting, with US department stores struggling and China failing to live up to
2023-09-25 23:46
City of London Watchdogs to Ask Firms for Diversity Plans
UK regulators want to boost diversity and inclusion in the financial services sector by requiring firms to set
2023-09-25 23:28
EU Commission blocks Booking's planned acquisition of flight booking provider Etraveli
The European Union’s executive arm is blocking leading U.S. online travel agency Booking from acquiring Sweden’s flight booking provider Etraveli Group
2023-09-25 23:15
Interest rates will stay high 'as long as necessary,' the European Central Bank's leader says
The head of the European Central Bank says interest rates will stay high enough to restrict business activity for “as long as necessary” to beat back inflation because upward pressure on prices “remains strong.”
2023-09-25 22:47
Bernanke Review at BOE to Probe Use of Market Rates in Forecasts
Ben Bernanke’s review into the Bank of England’s forecasting process will look into whether the market path for
2023-09-25 21:51
Lagarde Repeats ECB Rates to Stay Restrictive as Long as Needed
European Central Bank President Christine Lagarde reiterated that borrowing costs will remain elevated for as long as needed
2023-09-25 21:47
What are legacy admissions — and do colleges need them?
Legacy college admission is an advantage given at birth, in which the children of a school's alumni receive special consideration in the college admissions rat race. But after the US Supreme Court overturned race-based admissions over the summer, attention toward this already criticized practice intensified.
2023-09-25 21:23
Consumers are still spending on nice things, if they're on trend
American consumers aren't tired of shopping. They're shopping more prudently, with an eye on getting the best value, sure. But they're also rewarding the stores that are betting big on the right trends at the right time, for the right price.
2023-09-25 20:46