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
U.S. weekly jobless claims rise modestly; layoffs increase in May
WASHINGTON The number of Americans filing new claims for unemployment benefits increased modestly last week, suggesting the labor
2023-06-01 20:56
Russia, China foreign ministers set for BRICS meet in South Africa with war in Ukraine on agenda
The Russian and Chinese foreign ministers are set to meet with their counterparts from the BRICS economic bloc of developing nations in South Africa on Thursday
2023-06-01 20:53
Court rules Austria can't be held liable for early COVID infection at ski resort
An Austrian federal court says the state can’t be held liable for a COVID-19 infection from an outbreak at an Alpine ski resort as the coronavirus pandemic hit Europe The Supreme Court of Justice on Thursday announced its verdict in a long-running legal battle involving a German resident who traveled to Ischgl in March 2020 and visited several apres-ski venues before returning home six days later
2023-06-01 20:45
Online pet goods retailer Chewy surges on sales forecast lift, Canada foray plans
Shares of Chewy Inc rose nearly 20% in premarket trading on Thursday after the online pet supplies retailer
2023-06-01 20:28
Diddy is suing the co-owner of his tequila for racial discrimination
Sean "Diddy" Combs is suing Diageo for racial discrimination, claiming that the spirits company that produces DeLeón — the tequila he co-owns with the company — failed to market DeLeón on par with its other brands, including Don Julio and George Clooney's Casamigos brands.
2023-06-01 20:26
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
SNB defends raising rates, says not to blame for Credit Suisse failure
(This May 31 story has been corrected to clarify that Jordan's comment referred to another bank and not Credit Suisse,
2023-06-01 20:20
Macy's slashes expectations for the year after a pullback by shoppers in the spring
Macy’s slashed its annual profit and sales outlook with sales weakening sales in the first quarter during an increasingly challenging economic environment, including stubbornly high inflation
2023-06-01 19:51
Florida's homeowner insurance rates are four times the national average. That's not getting better anytime soon.
Hurricane season officially starts Thursday. But no matter how many storms hit Florida this year, the state's residents are already struggling as they try to get homeowners' insurance.
2023-06-01 19:50
Petrobras Captures Carbon to Ramp Up Gas Production, and Calls It Green
Brazil’s state-controlled oil giant Petrobras is capturing and storing a growing amount of carbon dioxide below the seabed
2023-06-01 19:48
India pauses plans to add new coal plants for five years, bets on renewables, batteries
The Indian government will not consider any proposals for new coal plants for the next five years and focus on growing its renewables sector, according to an updated national electricity plan released Wednesday evening
2023-06-01 19:23