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German Industry Defies Rising Pressure to Limit China Exposure
Companies with sizable Chinese operations in recent months have been scrambling to insulate those businesses from possible Western sanctions. Source link
Rising Rates Make Big Companies Even Richer
The Fed raised interest rates to slow the economy—but at some big companies, the moves had the opposite effect, boosting profits and spending power. Source
Roku to Cut 10% of Staff to Rein In Rising Expenses
The streaming platform also projected fiscal third-quarter results ahead of its prior guidance. Source link
Why Child-Care Prices Are Rising at Nearly Twice the Overall Inflation Rate
Providers are boosting tuition as their costs rise and federal aid ends, straining some families’ finances. Source link
Rising Oil Prices Are Bad News for Drivers—and the Fed
America faces a familiar foe in its fight against inflation, with crude prices up more than 18% over the past month. Source link
Rising Money Flows, Fueled by Record Migration, Prop Up Autocrats
Remittances to the developing world hit record $647 billion, aiding the poor but helping keep strongmen from Nicaragua to Tajikistan in power African migrants recently sailed
Maaco, Meineke Owner Is Hit By Rising Car-Wash Competition
Driven Brands entered the car-wash business line in 2020, and it is now its third-largest segment by revenue. Source link
U.S. stocks are rising as earnings continue; Goldman misses on write-downs By Investing.com
© Reuters. Investing.com — U.S. stocks were rising as earnings continued to roll in. Goldman Sachs posted an earnings miss after a write-down related to
U.S. stocks were rising as strong bank earnings lift Wall Street By Investing.com
© Reuters. Investing.com — U.S. stocks were rising after three big banks reported strong second-quarter profits. At 9:41 ET (13:41 GMT), the rose 160 points
U.S. stocks are rising after another report showing cooling inflation By Investing.com
© Reuters. Investing.com — U.S. stocks were rising after another inflation gauge confirmed that prices are cooling, giving the Federal Reserve wiggle room when it