Eventual 2, 3% inflation in the U.S. is „very acceptable“ outcome, given the conditions that the Federal Reserve had to grapple with.
Schlagwort-Archiv: Markets
Burberry shares sink 9% as luxury spending slowdown bites
Burberry shares plunged 9% on Thursday after the British luxury fashion retailer warned that full-year operating profit will come in at the low end of forecasts
Xi says U.S. and China can only be adversaries or partners, with no middle ground
Chinese President Xi Jinping told U.S. business executives Wednesday the two countries have to choose between being adversaries or partners.
U.S. and China agree to resume military talks. Takeaways from the Biden-Xi summit
U.S. President Joe Biden and Chinese President Xi Jinping have agreed to resume high-level military communication, according to both countries.
Walmart shares slide as retailer gives a cautious outlook about consumer spending
Walmart beat earnings expectations as its sales rose, but the company offered a cautious outlook for the rest of the year.
Macy’s stock pops as inventory, margin improvement help profit beat estimates
Macy’s earnings easily topped Wall Street’s expectations.
Alibaba shares slide over 8% after it shelves cloud spinoff, citing U.S. chip restrictions
Shares of Chinese e-commerce giant Alibaba slid after it announced that it would not proceed with the full spin-off of its cloud group.
Burberry shares sink 9% as luxury spending slowdown bites
Burberry shares plunged 9% on Thursday after the British luxury fashion retailer warned that full-year operating profit will come in at the low end of forecasts
Siemens beats earnings forecasts, says sales growth to slow in 2024
Siemens on Thursday posted a 10% rise in revenue growth for its fiscal fourth quarter to a record high of 21.4 billion euros ($23.2 billion), beating forecasts.
We’re not headed for another global financial crisis, top UBS economist says after recession warning
Credit tightening in the U.S. has raised concerns about the state of the economy and what could happen next.