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 21:23
Debt-Limit Deal Passes the House, Easing US Default Concerns
The House passed debt-limit legislation forged by President Joe Biden and Speaker Kevin McCarthy that would impose restraints
2023-06-01 17:56
Euro-Area Core Inflation Eases But Won’t Stop ECB Hiking
Underlying inflation in the euro zone dipped by more than expected, though the retreat is unlikely to stop
2023-06-01 17:46
Fewer French Support Protests Against Pension Reform, Poll Shows
French backing for strikes and demonstrations against President Emmanuel Macron’s already enacted pension reform has declined, according to
2023-06-01 17:46
Swiss Fall Out of Love With Cash Amid Soul Searching About Money
Switzerland’s formerly cash-obsessed citizens are falling out of love with physical money. Some 36% of consumer transactions were
2023-06-01 17:24
ECB’s Knot Says 2024 Rate-Cut Bets May Have to Be Adjusted
European Central Bank Governing Council member Klaas Knot said it’s “not unlikely” that investors will have to adjust
2023-06-01 16:59
Larry Summers Sees UK Recession After ‘Historic Error’ on Brexit
Larry Summers has said he would be “very surprised” if the UK gets through the next two years
2023-06-01 16:55
AI Stock Rally Stalls as C3.ai Drops After Disappointing Sales
The rapid rally in tech stocks benefiting from artificial intelligence has stalled as Nvidia Corp. slipped after surging
2023-06-01 16:46
Asian Gas Premium Puts Europe in Competiton for LNG This Summer
Spot prices for liquefied natural gas in Asia are trading at a consistent premium over the European benchmark
2023-06-01 16:27
ECB Warns BOJ Policy Change Could Test Global Bond Markets
A rare European Central Bank warning about the bond market risk of a Bank of Japan policy change
2023-06-01 16:23
Byju’s Lenders Scrap Talks to Restructure $1.2 Billion Loan
Creditors to Byju’s, India’s most valuable startup, have pulled out of negotiations with the company to recast a
2023-06-01 16:17
Foreigners pull more money out of China in May
By Patturaja Murugaboopathy and Gaurav Dogra Foreign investors' selling of Chinese shares gained some momentum in May, as
2023-06-01 14:23