The athletic footwear and apparel maker reported solid fiscal 2023 financial results that beat analysts' expectations, sending its shares sharply higher.
The surprise BOJ move sent shockwaves throughout the global financial markets, adding to the volatility seen following a hike in the U.S. and European interest rates last week.
African countries have hardly seen the traditional "multiplier" effects associated with construction projects, while they have seen their private and public debt soaring.
Rising interest rates will bring more pain to struggling Americans, particularly those in the lower- and middle-income groups.
China's chip manufacturers made some progress in advanced semiconductors, but the country remained highly dependent on Taiwanese and South Korean imports.
When the nation's central bank raises interest rates to fight inflation, financial markets adjust asset values downwards to reflect the higher rates.
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The change in the consumer spending pattern is driven by persistently high inflation.
The December FOMC meeting is over, the policy statement is out, and Fed chair Jerome Powell has provided his views about the future direction of monetary policy for 2023.
Inflation has come down from multi-year highs but remains elevated, hurting Main Street.
With inflation in the U.S. easing and the Federal Reserve preparing to slow down the pace of interest rate hikes and eventually halting them together, it may be time for U.S. investors to nibble into emerging market equities like those of Pakistan and India.
U.S. stocks and bonds staged a strong rally on Tuesday morning following the release of new consumer inflation numbers by the Bureau of Labor Statistics showing that price hikes across the economy are easing.
On Wednesday, the Open Market Operations Committee (FOMC) will hold its regular meeting, which will set the pace of interest rate hikes for another five weeks to bring inflation under control.
India still needs to be ready to place this role, especially in the semiconductor sector, which is at the center of the U.S. and China trade antagonism.
What's troubling stockholders is that sales for the quarter didn't grow as fast as management expected, leaving $1.7 billion on the shelves, almost twice as much as the third quarter of 2021.
The merger may adversely affect consumers and local communities.
The U.S. economy was dealt another inflationary setback Friday with the release of the elevated Producer Price Index.
The $60 Russian oil price cap set, which went into effect this week, will make Russian President Vladimir Putin mad, but it won't work.
Traders and investors were spooked by hard-landing and recession talks by corporate CEOs from Walmart, JPMorgan, General Motors, Walmart, United, and Union Pacific.
All major U.S. equity indexes finished higher in November, with the tech-heavy Nasdaq leading the gains as market volatility ebbed.
Persistent labor shortages could turn the U.S. economy into another Japan, counting lost decades of economic growth. Immigration could ease the situation.
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Inflation won't be fixed quickly with the job market still red-hot.
Ulta Beauty's latest earnings report reveals how the company has weathered the storm against inflation and discretionary spending.
Federal Reserve Chair Jerome Powell raised Wall Street's hopes of the economy heading for a "soft landing."
The economy has gotten a bad taste of supply chain disruptions caused by the end of the pandemic lockdowns and cannot afford another one that a rail strike would cause.
The ongoing Russian-Ukraine war and lockdowns in China in the face of interest rate hikes could renew supply chain woes and push the U.S. economy into stagflation in 2023.
Anyone who has visited the local mall has probably noticed the absence of staff from the store floor, especially the cash register, where the lines and the waiting time are long.
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