Brainard Sees Potential for Near-2% US Inflation by November 2024
President Joe Biden’s chief economic adviser said that inflation numbers should improve through the second half of the
2023-06-29 22:57
What could break as interest rates rise?
LONDON Markets are on the alert to which sectors will buckle under the sharpest jump in interest rates
2023-06-29 22:25
US Pending-Home Sales Drop to Lowest This Year on Limited Supply
US pending home sales in May fell to the lowest level this year as high mortgage rates and
2023-06-29 22:17
Canopy Growth closes sale of California facility amid liquidity worries
(Reuters) -Pot producer Canopy Growth said on Thursday it has completed the sale of its facility in Modesto, California as
2023-06-29 21:58
H&M shares jump 17% as summer collection boosts profit
By Marie Mannes STOCKHOLM Fashion retailer H&M's shares jumped 17% on Thursday after its second-quarter profit beat estimates
2023-06-29 21:52
H&M to grow third-party brand strategy as online rivalry intensifies
STOCKHOLM H&M plans to sell more third-party brands online and in stores, CEO Helena Helmersson said on Thursday,
2023-06-29 20:17
The Fed is secretly stress testing the US economy against nightmare scenarios
Federal Reserve Chair Jerome Powell seemed uncharacteristically relaxed yesterday at the European Central Bank conference in Portugal. The Fed head shed his reading glasses and wore his shirt collar open with no tie as he cracked jokes alongside a panel of his central banking contemporaries.
2023-06-29 19:57
Greek leftist leader Tsipras resigns as Syriza party leader
ATHENS (Reuters) -Alexis Tsipras, the one-time leftist firebrand who stormed to power on an anti-austerity agenda in Greece in 2015,
2023-06-29 19:51
H&M Shares Gain on Progress Clearing Out Excess Inventory
Hennes & Mauritz AB shares surged after the Swedish fast-fashion retailer made progress reducing a longstanding inventory buildup,
2023-06-29 18:56
Chinese Are Becoming More Pessimistic About Incomes and Housing
More Chinese are seeing their incomes dropping now and expect housing prices to fall in the coming three
2023-06-29 18:24
A $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity South
Drive along the 240-mile stretch of the Atlantic coast from Charleston, South Carolina, through the grassy marsh land
2023-06-29 18:20
Amazon Is About to Face Its Biggest Challenge Yet From the FTC
Lina Khan’s Federal Trade Commission has already filed three cases against Amazon.com Inc. Now she’s gearing up for
2023-06-29 17:51