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Retail Sales Rose in July for Fourth Straight Month
Business

Retail Sales Rose in July for Fourth Straight Month

Retail sales—a measure of spending at stores, online and in restaurants—rose a seasonally adjusted 0.7% last month from the month before, the Commerce Department said

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

US economic activity rose slightly in recent weeks, Fed survey shows By Reuters

© Reuters. FILE PHOTO: An eagle tops the U.S. Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo (Reuters) – U.S. economic

Credit Scores Rose in Pandemic. Now, More Borrowers Are Slipping.
Finances

Credit Scores Rose in Pandemic. Now, More Borrowers Are Slipping.

Government stimulus checks and loan deferrals drove up scores, making it harder for banks to tell who is creditworthy. Source link

No let up for world stocks as banking worries persist By Reuters
Finances

India inflation likely rose to 4.58% in June on higher food prices: Reuters poll By Reuters

© Reuters. FILE PHOTO-Price tags are seen on the samples of rice and lentils that are kept on display for sale at a wholesale market

Retail Sales Report Shows Americans Pulled Back on Big-Ticket Purchases as Interest Rates Rose
Business

Retail Sales Report Shows Americans Pulled Back on Big-Ticket Purchases as Interest Rates Rose

Economy U.S. Economy Sales fell 1% in March, led by lower spending on vehicles Source link

Morgan Stanley cuts Charles Schwab on limited visibility, EPS risk
Stock Market

Morgan Stanley CEO’s total pay rose 13% to $39.4 million in 2022 By Reuters

© Reuters. FILE PHOTO: James Gorman, Chairman and Chief Executive of Morgan Stanley, speaks during the Global Financial Leaders Investment Summit in Hong Kong, China

Chinese companies rush for U.S. listings ahead of new rules By Reuters
Stock Market

Job cuts rose 319% YoY in March, highest Q1 since 2020

© Reuters. Job cuts rose 319% YoY in March, highest Q1 since 2020 – Report By Senad Karaahmetovic  U.S. employers nearly 90,000 job cuts in

As Rates Rose, Banks Did a Balance-Sheet Switcheroo
Finances

As Rates Rose, Banks Did a Balance-Sheet Switcheroo

Lenders pledged to hold on to money-losing bonds until maturity, allowing them to avoid reporting losses. Source link

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Stock Market

Here’s Why AMC Entertainment Rose More Than 20% on Amazon Takeover Speculation

In a move that could shake up the entertainment industry, Amazon.com (US:AMZN) is reportedly exploring the possibility of acquiring movie theater chain AMC Entertainment (US:AMC), according