Macy’s Falls After Cutting Outlook as Demand Trends Worsen
Macy’s Inc. said earnings will be weaker than previously expected for the full-year, underscoring the uncertainty around US
2023-06-01 21:19
What to expect from Friday's jobs report
Areas of the US economy have started to crack under the weight of persistently high inflation and a string of 10 consecutive rate hikes from the Federal Reserve.
2023-06-01 20:24
The Fed can't figure out what's happening with the job market
Policymakers at the Federal Reserve signaled last month that they were considering a pause in their 14-month long regimen of hiking interest rates to cool the economy and bring down inflation.
2023-06-01 20:15
Macy's cuts annual forecasts as customers curb spending, shares fall
Macy's Inc on Thursday cut full-year sales and profit forecasts, hurt by a slowdown in demand for high-end
2023-06-01 19:27
Dollar General cuts annual forecasts as American shoppers turn cautious
Dollar General Corp cut its full-year same-store sales and profit forecasts on Thursday as inflation-hit Americans, discouraged by
2023-06-01 19:17
Pride Month was once an easy win for brands. Now, the stakes are much higher
Companies have long embraced Pride Month in June as an uncomplicated way to market to members of the LGBTQ+ community while telegraphing progressive values. But this year won't be nearly so straightforward.
2023-06-01 18:59
G20 watchdog to study Silicon Valley Bank, Credit Suisse turmoil
By Huw Jones LONDON How rules are applied to banks and the calculation of their liquidity buffers should
2023-06-01 17:47
Dr Martens tripped up by tough U.S. market
By Eva Mathews and Helen Reid (Reuters) -Dr Martens shares dropped more than 10% on Thursday after the British bootmaker
2023-06-01 17:20
Pakistan Moves to Ease Pressure on Rupee in Retail Market
Pakistan moved to ease pressure on the rupee in the open market, sending the currency surging in the
2023-06-01 16:48
As Nikkei soars, Japanese investors rush for the exits
By Junko Fujita and Ankur Banerjee TOKYO/SINGAPORE As foreigners pile into Japan's steepest stock market rally in years,
2023-06-01 15:58
Elon Musk met with Chinese Vice Premier Ding in Beijing -source
By Julie Zhu HONG KONG Tesla Inc CEO Elon Musk met with Chinese Vice Premier Ding Xuexiang on
2023-06-01 14:59
Dollar retreats as Fed pause eyed; US debt deal clears House
By Rae Wee SINGAPORE The dollar drifted from a two-month high on Thursday as investors trimmed bets the
2023-06-01 14:22