Prices in some areas of the U.S. economy have deflated, meaning they’ve declined.
Schlagwort-Archiv: CNBC
Warren Buffett did something curious with his Apple stock holding
The identical 400 million share count in Apple and Buffett’s oldest and longest position Coca-Cola prompted some to believe he is done selling the tech stock.
TikTok and fast-food rivalry fuel Chili’s sales as parent Brinker says turnaround is taking hold
After two years, Brinker International’s turnaround of Chili’s looks like it’s taking hold, as the chain benefits from higher fast-food prices.
Klarna takes on banks with a personal account and cashback rewards ahead of IPO
Klarna, best known for its buy now, pay later loans, is launching a personal account for deposits and cashback rewards in the U.S. and Europe.
China’s bond market intervention reveals financial stability worries
The country’s latest efforts to stem a bond market rally shows that authorities are worried about financial stability, analysts said.
Alibaba shares dip 4% in premarket after earnings miss expectations despite cloud acceleration
Alibaba continues to face headwinds in its core e-commerce business amid rising competition and a cautious Chinese consumer.
Walmart beats estimates, raises outlook as it sees stable consumer health
Walmart beat quarterly earnings and revenue estimates and hiked its full-year guidance.
DraftKings reverses plans for a tax on customers as FanDuel parent Flutter wows Wall Street
Earlier this month, DraftKings said it would introduce a surcharge on users in states where taxes on sports betting are highest. FanDuel wouldn’t follow suit.
UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible
UBS CEO Sergio Ermotti said market volatility could intensify in the second half of the year, but he does not believe the U.S. is heading into a recession.
UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible
UBS CEO Sergio Ermotti said market volatility could intensify in the second half of the year, but he does not believe the U.S. is heading into a recession.