CarMax beats profit estimates powered by cost-cuts; shares jump
CarMax Inc on Friday posted a better-than-expected adjusted profit for the first quarter, benefiting from a series of
2023-06-23 20:00
BofA Says Investors Are Fleeing Tech Stocks After ‘Baby Bubble’
There are early signs of investors fleeing from tech stocks after 1999-like rally formed a “baby bubble,” according
2023-06-23 19:53
Dollars Are So Scarce in Argentina That Yuan Use Is at a Record
It’s gotten so hard to find US dollars in Argentina that Whirlpool Corp., the American appliance giant, is
2023-06-23 19:15
Don’t Expect the Trump Trial Over Classified Doccuments to Happen in August
The Justice Department is on a tight timetable to work out conditions for using classified information in the
2023-06-23 19:15
Big VC, Tech Got Backstop for Billions in Uninsured SVB Deposits
When federal regulators stepped in to backstop all of Silicon Valley Bank’s deposits, they saved thousands of small
2023-06-23 18:53
Ex-BIS Official Remolona Is Next Philippine Central Bank Chief
The Philippines has tapped Eli Remolona, a member of the central bank’s policymaking board, to head the monetary
2023-06-23 18:23
Andrew Sentance Says Markets ‘Jumping The Gun’ With 6% Rate Bets
A former Bank of England policy maker who has criticized officials for failing to rein in inflation more
2023-06-23 18:16
Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
2023-06-23 16:24
Euro-Zone Activity Almost Stalls as Recession Rebound Fades
Economic momentum in the euro area almost came to a halt in June, signaling an end to the
2023-06-23 16:24
Lira Extends Slump as Simsek Emphasizes Free Market Principles
Turkey’s lira extended its slide from Thursday after Treasury and Finance Minister Mehmet Simsek emphasized that he favors
2023-06-23 15:23
Zambia Wins Debt Relief, Sets Precedent for Stressed Nations
Zambia reached an agreement in principle to restructure $6.3 billion of debt with bilateral lenders, setting a precedent
2023-06-23 14:59
Koreas Speed Up Drone Race After Unprecedented Incursions
As the two Koreas near the anniversary of the start of their conflict in 1950, both sides are
2023-06-23 13:16