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German Industry Defies Rising Pressure to Limit China Exposure
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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 mixed as rising yields pressure tech sector
Finances

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 mixed as rising yields pressure tech sector
Stock Market

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

Dow futures rise 185 pts; First Citizens
Stock Market

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