US stocks rally as retailers post upbeat earnings
by 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 …
Category: Business
Global stocks are easing after minutes of the Fed
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 …
China zero-Covid: 100,000 officials attend special meeting of the State Council to revive the economy
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 …
How Costco became a key element of Asian America
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 …
Russia cuts interest rates as the ruble recovers offer some relief
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 …
Macy’s, Twitter, Medtronic and many more
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 …
The best deals for the Weekend for Amazon Remembrance Day 2022
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 …
Bolt launches layoffs amid ‘structural change’
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, …
Twitter agrees to pay millions in fines after US government allegations of privacy breaches
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 …
Russia’s central bank cuts key interest rate, citing reduced stability risks
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, …