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Retail sales rose 1% in July, according to new Census Bureau data, above Wall Street's expectations of 0.4%. Meanwhile, initial filings for unemployment insurance fell more than expected last week.
Most stock forecasters expect more choppiness in the coming months as investors eye Fed rate cuts and monitor the strength of the US economy. New York Fed economists have said they see a 56% ...
Grocery prices, however, have remained stubbornly high, Rainey said. Walmart has stepped up discounts and during the most recent quarter it had 7,200 price rollbacks, a 35% increase.
With shares up about 8% at midday to $831 after earlier climbing as high as $877.78, the Indianapolis-based drugmaker was on track to add nearly $55 billion to its market value if stock gains hold.
In 1951, the Motor Industries Company Ltd. (MICO) was founded, with Bosch instantly buying 49% of its stock. MICO became the sole distributor and, after the Indian state implemented restrictive import regulations, a factory was set up at Adugodi, Bangalore in 1953, to manufacture various products with Bosch licensing.
The Chinese property sector crisis is a current financial crisis sparked by the 2021 default of Evergrande Group. Evergrande, and other Chinese property developers, experienced financial stress in the wake of overbuilding and subsequent new Chinese regulations on these companies' debt limits. The crisis spread beyond Evergrande in 2021 to such ...
A retail park is a type of shopping centre found on the fringes of most large towns and cities in the United Kingdom and other European countries. They form a key aspect of European retail geographies, alongside indoor shopping centres, standalone stores like hypermarkets and more traditional high streets . Cushman & Wakefield define a retail ...
Money market funds’ net assets reached $6.4 trillion in 2023, with investors pouring a record $1.2 trillion into the funds during the year, according to the U.S. Treasury Department’s Office ...