US construction spending surges in April
WASHINGTON U.S. construction spending surged in April, boosted by investment in nonresidential structures, but higher mortgage rates continued
2023-06-01 22:49
Pet Retailer Chewy Soars as Recurring-Purchase Program Drives Sales
Chewy Inc. stock surged the most in almost four years after the pet-products retailer beat sales expectations. It
2023-06-01 22:28
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
Why Are Electric Car Names So Bad?
The chance to name a new car is precious, a billion-dollar branding exercise with decades of potential staying
2023-06-01 19:52
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 17:49
Euro-Area Core Inflation Eases But Won’t Stop ECB Raising Rates
Underlying inflation in the euro zone dipped by more than expected, though the retreat is unlikely to stop
2023-06-01 17:30
Singapore, China Agree to Set Up High-Level Defense Hotline
China and Singapore agreed to work toward establishing a secure defense telephone link for high-level communications, as the
2023-06-01 16:48
Pakistan Moves to Ease Pressure on Rupee in Retail Market
Pakistan moved to ease pressure on the rupee in the open market, sending the currency surging in the
2023-06-01 16:48
China Carriers Are Worst Airline Stocks as Reopening Bet Fades
The boom-and-bust in Chinese airline stocks is another sign that investors are losing patience with the country’s slow
2023-06-01 13:47
Elon Musk Goes Silent on Twitter After Arriving In China
Elon Musk, a prolific presence on Twitter and owner of the social media platform, hasn’t tweeted since arriving
2023-06-01 11:46
Chinese EV Maker Hozon Weighs June Filing for $1 Billion Hong Kong IPO, Sources Say
Hozon New Energy Automobile Co., a company making affordable electric vehicles in China, is considering filing for its
2023-06-01 11:20
Bangladesh Readies Higher Taxes in Budget in Test of IMF Reforms
Bangladesh is expected to propose raising taxes and boosting spending in its annual budget Thursday that will serve
2023-06-01 09:22