'Ho-hum holiday' spending expected as shoppers deal with economic cross-currents
US consumers, trapped in a web of conflicting signals on the health of the economy and how it impacts their ability to shop for extras, might be forced to spend less enthusiastically on a key bucket of discretionary spending -- Christmas gifts, according to early forecasts of this year's holiday sales.
2023-08-16 19:51
Broadcom’s Earnings Will Test Whether AI Euphoria Is Fading
Having unlocked stock market riches in 2023, the “artificial intelligence” catchphrase faces a shift in sentiment — and
2023-09-01 02:50
South Korea’s $169 Billion Wealth Fund Bets on Private Credit
South Korea’s $169 billion sovereign wealth fund has returned to gains this year, partially recovering from the double-digit
2023-06-20 06:29
Peru's Minsur to invest at least $2.25 billion as it expands copper operations
LIMA (Reuters) -Peruvian miner Minsur has announced an investment of at least $2.25 billion as it expands its copper operations,
2023-09-01 03:27
ECB’s Stournaras Says Hikes May End in 2023, Warns on Recession
European Central Bank Governing Council member Yannis Stournaras said interest-rate increases may end this year, but warned that
2023-06-20 02:47
Canada gains many more jobs than expected in August, unemployment rate unchanged
OTTAWA Canada's economy gained a much greater than expected net 39,900 jobs in August and the unemployment rate
2023-09-08 20:56
US Says Hamas Must Release Hostages for Gaza to Get More Aid
Hamas must release more hostages in return for a significant increase in aid to Gaza and a pause
2023-11-18 18:59
In Boost for Chip Ambitions, Japan Inks $1.3 Billion in Subsidies for Micron Plant
Japan’s government approved as much as ¥192 billion ($1.3 billion) in subsidies for Micron Technology Inc.’s Hiroshima factory,
2023-10-03 12:26
Ganfeng Open to Mexico Venture on Canceled Lithium Mine
Ganfeng Lithium Co. is open to forming a partnership with the Mexican government on a project that would
2023-11-11 02:26
Government shutdown would leave the Fed flying blind
In the event of a US government shutdown, the Bureau of Labor Statistics says it will stop releasing data, including key figures on inflation and unemployment. A lack of crucial government data would make it difficult for investors and the Federal Reserve to interpret the US economy.
2023-09-19 04:48
Euro-Area Growth Outlook Faces Downside Risks, ECB’s Guindos Says
European Central Bank Vice President Luis de Guindos said there are risks to the current growth outlook and
2023-11-24 22:19
Uber CFO Nelson Chai plans to step down - Bloomberg News
Uber Technologies Chief Financial Officer Nelson Chai is planning to leave the ride-hailing company, Bloomberg News reported on
2023-07-11 06:15
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