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 20:54
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 19:22
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 14:49
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 14:17
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 07:50
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 21:19
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 10:22