![The US economy grew more slowly in the second quarter than previously estimated](/i/c/038941c1-bc23-9b5c-9ec8-4cf7408393e7.webp)
The US economy grew more slowly in the second quarter than previously estimated
The US economy grew more slowly in the second quarter than previously estimated — a good sign for the Federal Reserve, which is attempting to cool demand to bring down price increases.
2023-08-30 20:58
![Walmart's sales are surging](/i/c/6b196a7a-eb06-aaee-4e08-2b23eb296f71.webp)
Walmart's sales are surging
Target and Home Depot are slumping. But more shoppers are heading to Walmart for groceries and essentials.
2023-08-17 19:27
![UK economy records surprise growth in second quarter](/i/c/99810d84-c462-d539-8f72-1966ffe15b46.webp)
UK economy records surprise growth in second quarter
The UK economy grew in the three months to June 30, compared with the previous quarter, official data showed Friday.
2023-08-11 14:53
![HSBC raises outlook as profits nearly double](/i/c/c2c2ec3a-3fd5-96a1-f2b2-5b05abc8bdf3.webp)
HSBC raises outlook as profits nearly double
HSBC's profits have soared as it continues to cut costs and cash in on high interest rates around the world.
2023-08-01 14:21
![Meta stock climbs after company posts 11% revenue growth](/i/c/58efcd13-5226-3d9a-0de1-d3de0d7a1495.webp)
Meta stock climbs after company posts 11% revenue growth
Meta's "year of efficiency" seems to be paying off. The Facebook-parent company on Wednesday reported revenue of $32 billion for its quarter ending in June, marking an 11% increase compared to the same period last year and beating Wall Street expectations.
2023-07-27 07:45
![Goldman Sachs profits plunge 58% as dealmaking dries up](/i/c/da6726d2-b266-fb1f-0853-894964f671a2.webp)
Goldman Sachs profits plunge 58% as dealmaking dries up
Goldman Sachs reported a sharp drop in profit on Wednesday as dealmaking and trading, a core part of the mega bank's business, dry up. The Wall Street titan also felt the pain of a nearly $1 billion reduction in the value of its consumer and real estate businesses.
2023-07-19 21:18
![China's economy grows 6.3% in Q2 compared with low base](/i/c/d40b3fcf-47a2-270c-e207-86e747550774.webp)
China's economy grows 6.3% in Q2 compared with low base
China's economy expanded by 6.3% in the second quarter from a year ago because of a low base, the National Bureau of Statistics said on Monday, with momentum slowing following a strong reopening in the first quarter.
2023-07-17 10:15