admin
U.S. consumers look like they are beginning to pull back on travel spending, the data show. But it could be an illusion and some stocks remain white hot. Most of the key indicators reflect domestic demand and mask the continued boom from consumers vacationing overseas. At first glance the data…
By Sabela Ojea Beam Global said Friday it has executed a binding letter of intent to buy the manufacturer of energy infrastructures and equipment Amiga DOO Kraljevo. The designer, manufacturer and seller of renewably energized infrastructure expects to close the acquisition in the third or fourth quarter. Additionally, the company…
Plenty of things can go wrong while you’re on vacation. But a lost or stolen wallet is especially stressful — especially when that wallet contains the ID that you need to get on your return flight home. That’s what happened to me during a recent trip to Charleston, S.C., when I…
S&P 500, Nasdaq jump for sixth straight session to end at 14-month highs despite hawkish Fed and ECB
U.S. stocks finished sharply higher Thursday with the S&P 500 index and Nasdaq Composite scoring their highest closes in 14 months as investors digested a raft of U.S. economic data while shrugging off a hawkish Federal Reserve and another interest-rate hike from the European Central Bank. How the market performed…
© Reuters. Investing.com — Walt Disney Company (NYSE:) shares slid in late trading after the entertainment giant said its CFO Christine McCarthy would leave her role and take a family medical leave of absence. Another veteran Disney executive, Kevin Lansberry, will be interim CFO starting July 1. Lansberry is currently…
Investing.com — stockpiles likely rose last week along with inventories of fuel, petroleum industry group API indicated in a report Wednesday that matched market expectations for builds across the board in oil inventories. The rose by 1.024 million barrels during the week ended June 9, according to the API, or…
Investing.com – The U.S. dollar edged lower in early European trade Thursday, but remained near its recent two-month high with traders anticipating next week’s U.S. Federal Reserve’s policy-setting meeting. At 03:15 ET (07:15 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.1% lower…
By Patricia Zengerle WASHINGTON (Reuters) – Republican and Democratic members of the U.S. Congress introduced legislation on Thursday that would make it easier for Ukraine to fund its fight against Russian invaders by using seized and frozen Russian assets. The U.S. Congress has approved more than $100 billion in military,…
Now that last year’s epic spike in food and consumer goods prices appears to be behind us, there is renewed debate over who or what to blame for today’s lingering inflation. Two principal theories have floated in and out of the headlines during the past two years. One is a…
Key Takeaways Chairman Powell Begins Two Days Of Congressional Testimony Amazon Announces Prime Days Date FedEx Guides Lower Stocks head into Wednesday following two consecutive days of losses and a warning by FedEx FDX is unlikely to help the situation. The S&P 500 fell by 0.5% on Tuesday while the…