Gold prices ended slightly lower on Thursday after the U.S. July inflation reading came in broadly as expected, but the precious metal fell for a third day under pressure from the higher bond yields and a firmer dollar of the past couple of weeks.
: Siemens blames sales miss on China’s economic woes
Another sign of China’s tepid recovery came from German industrial conglomerate Siemens, which pinned disappointing sales on the lackluster economy.
Economic Report: U.S. inflation rate creeps back up, CPI shows, but probably not enough to worry the Fed
U.S. consumer prices rose a mild 0.2% in July, but the rate of inflation rose for the first time in more than in a year in a sign it’s going to take a while to get the rise in the cost of living fully under control.
: Social Security’s COLA could be about 3% in 2024 — after an 8.7% increase in 2023
The new forecast comes after the release of July’s consumer-price data, which showed inflation creeping back up.
Economic Report: U.S. jobless claims spike to highest level in a month
U.S. initial jobless benefit claims rose by 21,000 to 248,000 in the week ending Aug. 5 — the highest level since the week ending July 1.
The Ratings Game: Disney may be near a ‘turning point’ — for better or worse
While some on Wall Street are upbeat about Disney’s streaming profit focus, others worry it may be overplaying its hand.
Need to Know: Why Dr. Copper has lost its degree in forecasting the economy
Copper’s ability to predict economic growth is not what it used to be
: Viking Therapeutics stock gets boost from positive news that obesity drugs reduced risk of heart attacks and strokes
Biotech’s stock is up 13% in the week to date after Novo Nordisk said its Wegovy obesity treatment reduced the risk of cardio events by 20% in obese adults.
: Coach parent Tapestry to acquire Michael Kors parent Capri in cash deal valued at $8.5 billion
The new combined company “creates a new powerful global luxury house,” according to Tapestry.
The Ratings Game: Lyft’s second and third quarters look fine — but analysts are worried about the fourth
Analysts and investors on Wednesday zeroed in on the fourth quarter, when higher driver-insurance costs are expected to cut into margins.
- « Previous Page
- 1
- …
- 300
- 301
- 302
- 303
- 304
- …
- 1275
- Next Page »