US Retail Sales Top Forecasts, Showcasing Consumer Resilience
US retail sales rose in July by more than forecast, highlighting how the resilience of consumers is helping
2023-08-15 20:56
Janet Yellen explains her 'magic mushroom' experience in China
US Treasury Secretary Janet Yellen ate a "magic mushroom" on a recent trip to Beijing, but the aftereffects don't sound that special.
2023-08-15 20:51
Home Depot Earnings Top Estimates as DIY Spending Sustained
Home Depot Inc. earnings exceeded the average analyst estimate, suggesting that US home improvement spending is performing slightly
2023-08-15 19:56
Internet Firm Sea Misses Sales Estimates on Slowing E-Commerce Demand
Sea Ltd.’s revenue missed estimates after its e-commerce division posted slowest growth on record, reflecting fallout from economic
2023-08-15 19:55
J.P. Morgan warns of sharper-than-expected slump in China residential market
J.P. Morgan said on Tuesday China's residential property market could see a sharper-than-expected slump this year following downbeat
2023-08-15 19:25
Surprise China Rate Cut Only Highlights Tough Choices Facing Xi
President Xi Jinping has resisted pulling the trigger on a major stimulus to revive the world’s second-biggest economy.
2023-08-15 19:23
Fitch warns it may be forced to downgrade multiple banks, including JPMorgan - CNBC
An analyst at Fitch Ratings warned that U.S. banks, including JPMorgan Chase, could be downgraded if the agency
2023-08-15 19:18
Global wealth projected to rise 38% by 2027, despite recent decline - study
ZURICH Global wealth, as measured in personal holdings of assets from real estate to stocks and shares, is
2023-08-15 18:46
Danish Drugmakers Offset Weaker Economy to Keep GDP Growing
Denmark’s economy expanded for the third consecutive quarter as Novo Nordisk A/S and other Danish drugmakers enjoy massive
2023-08-15 18:29
Home Depot reports smaller-than-expected drop in quarterly sales
Home Depot on Tuesday reported a smaller-than-expected decline in quarterly same-store sales, as demand was buoyed by Americans
2023-08-15 18:21
Home Depot sales fell as housing market cooled
Home Depot's sales dropped 2% during its latest quarter as the housing market cooled off.
2023-08-15 18:21
Hedge funds land bonuses despite returns below bank savings rates -Goldman
By Nell Mackenzie LONDON Most investors still award bonuses to hedge funds even if their investments do not
2023-08-15 18:19