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Inflation ‘remains too high’But in recent remarks, Federal Reserve Chair Jerome Powell said inflation “remains too high” despite those positive indicators, and warned that more interest rate hikes are still…
Check out the companies making the biggest moves before the bell:Dollar General — The discount retailer tumbled 15.3% after reporting second-quarter earnings per share of $2.13,…
With more retailers taking action against the rise in criminal activity, one industry official is sounding the alarm on the “persistent threat” of retail-specific crime. “This…
Real gross domestic product (GDP) grew at an annual rate of 2.1% in the second quarter of 2023 following a 2% increase in the first quarter,…
Yesterday a top official at the Department of Health and Human Services released one of the most consequential announcements ever made at the federal level concerning…
Cosmetics giant Revolution Beauty crumbled on Thursday after a chilly reception to full-year financial results and news on the appointment of a new chief executive. At…
By Brendan O’Boyle MEXICO CITY (Reuters) – Mexico’s central bank raised its economic growth forecasts for 2023 and 2024, citing the Latin American economy’s resiliency, but…
SHANGHAI/SINGAPORE (Reuters) – Chinese exporters are using a complicated currency swap strategy to avoid converting their dollar earnings into yuan for fear of losing out on…
(Reuters) – The Texas power grid operator ERCOT (Electric Reliability Council of Texas) issued an appeal to residents calling for energy conservation from 6 p.m. to…
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