US wholesale inflation heated up last month amid higher gas prices
Wholesale price increases of US goods and services jumped higher for a third consecutive month, a sign that inflation's path downward remains a bumpy one, according to data released Wednesday by the Bureau of Labor Statistics.
2023-10-11 20:48
As US holiday shopping season nears, retailers importing like it is 2019
By Lisa Baertlein and Priyamvada C This holiday season, U.S. retailers are importing like it is 2019. After
2023-10-11 02:17
Amazon, Walmart court early holiday shoppers in US with limited-time deals
By Arriana McLymore NEW YORK Amazon, Walmart, Target and other large retailers launched U.S. sales on Monday and
2023-10-10 18:29
Arm gets Wall Street's 'buy' on royalty plan, cloud expansion
By Aditya Soni and Roshan Abraham (Reuters) -Several Wall Street brokerages started coverage of Arm Holdings with their top ratings
2023-10-09 20:23
Several US regulators seek information from Kazakh fintech Freedom
(Reuters) -Several U.S. regulators have requested Kazakhstan-based Freedom Holding for information, a company spokesperson told Reuters on Friday, adding that
2023-10-07 00:51
China's Golden Week holiday spending per capita surpasses 2019 levels
BEIJING Chinese holidaymakers' spending surged during this year's eight-day Golden Week holiday, beating pre-pandemic levels and potentially boosting
2023-10-06 20:20
U.S. online sales to grow 4.8% in crucial holiday season -report
Online sales during the crucial U.S. holiday season are expected to rise 4.8% from a year earlier as
2023-10-05 20:25
Record online discounts are coming this holiday season
Online shoppers will be offered record-setting discounts this holiday season as retailers attempt to entice inflation-weary consumers to buy, according to projections released Thursday by Adobe Analytics. And the company predicts the strategy will work, with online holiday sales climbing almost 5% above last year.
2023-10-05 17:18
Diamond prices are down as people spend more on travel and food
Prices for rough diamonds have dipped in 2023 as many post-pandemic consumers shy away from luxury goods.
2023-10-02 01:59
JetBlue files complaint in US against Schiphol flight curbs
AMSTERDAM (Reuters) -U.S. carrier JetBlue Airways said on Friday it had filed a complaint against the Netherlands and the European
2023-09-29 19:23
Temasek unit raises $3.3 billion in flagship fund investing in China
SINGAPORE Singapore state investment firm Temasek's wholly owned unit True Light Capital said on Thursday it raised $3.3
2023-09-28 14:27
Costco tops quarterly revenue, profit estimates on steady grocery demand
By Deborah Mary Sophia (Reuters) -Costco Wholesale topped market estimates for quarterly revenue and profit on Tuesday as consumers flocked
2023-09-27 06:53