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Category: Business

Business

US stocks rally as retailers post upbeat earnings

Bartonby BartonMay 26, 20220

US stocks rallied on Thursday as investors were buoyed by strong earnings from domestic retailers Macy’s and Dollar Tree, easing concerns that consumer spending was …

Business

Global stocks are easing after minutes of the Fed

Bartonby BartonMay 26, 20220

NEW YORK, May 26 (Reuters) – Global stock markets were broadly bullish on Thursday and bond yields fell as no US Federal Reserve’s latest minutes …

Business

China zero-Covid: 100,000 officials attend special meeting of the State Council to revive the economy

Bartonby BartonMay 26, 20220

The state council’s unexpected teleconference was attended by provincial, city and council officials, according to a report in the state-run Global Times. High-ranking Chinese officials …

Business

How Costco became a key element of Asian America

Bartonby BartonMay 26, 20220

Durian at Costco Wholesale in Woodland Hills, California. April 24, 2022. Wendy Leung Wendy Leung rarely saw durian in grocery stores growing up in Los …

Business

Russia cuts interest rates as the ruble recovers offer some relief

Bartonby BartonMay 26, 20220

At an emergency meeting, Russia’s central bank cut interest rates to 11% from 14% and said further cuts were possible. Interest rates rose as much …

Business

Macy’s, Twitter, Medtronic and many more

Bartonby BartonMay 26, 20220

See the companies that make headlines before the bell: Macy’s (M) – Macy’s rose 15% in premarket after reporting better-than-expected earnings and revenue for the …

Business

The best deals for the Weekend for Amazon Remembrance Day 2022

Bartonby BartonMay 26, 20220

Each product we present has been selected and evaluated independently by our editorial team. If you make a purchase using the links included, we may …

Business

Bolt launches layoffs amid ‘structural change’

Bartonby BartonMay 26, 20220

Bolt, the fastest-growing online payment startup valued at $ 11 billion earlier this year but recently introduced a recruitment freeze as the wider market faltered, …

Business

Twitter agrees to pay millions in fines after US government allegations of privacy breaches

Bartonby BartonMay 26, 20220

According to the lawsuit, Twitter failed to tell its users for years that it was using their contact information to help marketers target their ad …

Business

Russia’s central bank cuts key interest rate, citing reduced stability risks

Bartonby BartonMay 26, 20220

MOSCOW, Russia: Russia’s central bank cut its key interest rate by 300 basis points for the third time since its emergency rise in late February, …

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