Despite the fall seen in the first quarter, the company expects a better second quarter in terms of revenue.
Schlagwort-Archiv: CNBC
Here’s who Treasury Secretary Janet Yellen is going to meet in China
U.S. Treasury Secretary Janet Yellen was scheduled to arrive in China on Thursday ahead of four full days of meetings with Chinese officials.
KKR says China’s real estate correction may only be halfway done
China’s real estate troubles are likely far from over and industry problems need to be addressed quickly for GDP growth to rise significantly, according to KKR.
Fed’s Powell emphasizes need for more evidence that inflation is easing before cutting rates
Federal Reserve Chairman Jerome Powell said Wednesday it will take a while for policymakers to evaluate the current state of inflation.
Watch Fed Chair Powell speak live at Stanford policy conference economic forum
Federal Reserve Chair Jerome Powell speaks Wednesday to the Stanford Business, Government and Society forum.
Coinbase partner ClearBank posts first full year of profit as revenue almost doubles
British fintech firm ClearBank swung to an £18.4 million ($23.3 million) pretax profit in the year ended Dec. 31, 2023, up from a £7.1 million loss in 2022.
Nearly half of Levi’s sales are happening online and in its shops, a shift as department stores fade
Levi Strauss is now doing nearly half of its sales through its own website and stores, the company said when reporting fiscal first quarter earnings.
Half of adults globally are stressed about their finances, and inflation is a key reason
More than half of people said they were „very or somewhat stressed“ about money.
Fed officials still expects rate cuts this year, but not anytime soon
The central bank official noted progress made on inflation while the economy has continued to grow.
SEC Chair Gary Gensler signals that disclosure will be a key issue in the year ahead
SEC Chair Gary Gensler kicked off the annual „SEC Speaks“ conference Tuesday, providing an in-depth look at the agency’s priorities for the coming year.