Month: June 2024
Taylor Swift’s London Eras Tour could delay Bank of England rate cut, analysts say
Taylor Swift performs on stage during during “Taylor Swift | The Eras Tour” at Anfield on June 13, 2024 in Liverpool, England. Gareth Cattermole/tas24 | Getty Images Entertainment | Getty Images LONDON — Taylor Swift’s record-shattering Eras Tour is continuing to supercharge consumer spending as it enters it U.K. leg, suggesting that the Bank of […]
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Taking a vacation from work may soon become mandatory
Ezra Bailey Ezra Bailey | Stone | Getty Images With burnout prevalent in the workplace, some employers are considering mandatory vacation, full office shutdowns and other ways to get workaholic employees to take a break. Only a small number of employers today — 8.7% — require workers to take a minimum amount of vacation, and […]
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French stocks take beating, risk premium rises under specter of possible far-right victory
Jordan Bardella, President of the National Rally (Rassemblement National), a French nationalist and right-wing populist party, speaks to over 5,000 supporters on June 9th, at Le Dôme de Paris. Nurphoto | Nurphoto | Getty Images French stocks plunged on Friday, with the country’s blue-chip index heading for its worst week in more than two years, […]
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Stock splits are back in fashion. Here’s why, and which companies could be next
Stock splits, long out of favor, are making a comeback. It started with Walmart, which announced a 3-for-1 stock split on Jan. 30, with the additional shares being distributed on Feb. 23. And from there, it picked up steam. On Thursday, Williams-Sonoma announced a 2-for-1 split, and on Wednesday, Broadcom announced a 10-for-1 split. Notable […]
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Stocks building the biggest moves premarket: Adobe, Hasbro, GameStop and extra
Test out the organizations producing headlines before the bell. GameStop — The meme inventory dipped 1.1% right after Keith Gill, recognised as “Roaring Kitty,” seemingly elevated his possession in GameStop. He appears to be holding 9.001 million GameStop shares and over $6 million in dollars, according to a screenshot he posted to Reddit. Adobe — The […]
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Jared Kushner’s post-White House deal-making included badly timed bet on Amazon aggregator
A video of Jared Kushner is shown on a screen, as the House select committee investigating the Jan. 6 attack on the U.S. Capitol holds a hearing at the Capitol in Washington, Thursday, July 21, 2022. Alex Brandon | Reuters In March 2022, Jared Kushner was called to testify in front of the Jan. 6 […]
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Russia’s Putin sets out conditions for peace talks with Ukraine
Russian President Vladimir Putin speaks during his meeting with scientists while visiting the Joint Institute for Nuclear Research on June 13, 2024 in Dubna, Russia. Contributor | Getty Images News | Getty Images Russian President Vladimir Putin on Friday set out the requirements for Moscow to start peace talks with Ukraine, more than two years […]
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Bezos’ Blue Origin joins SpaceX, ULA in winning bids for $5.6 billion Pentagon rocket program
A mass simulator version of a New Glenn rocket is moved for testing in November 2021. Blue Origin The Pentagon announced the first winning bidders in its rocket launch contract sweepstakes on Thursday, with Jeff Bezos’ Blue Origin grabbing a spot for the first time. Blue Origin’s winning bid came as part of contracts awarded […]
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Europe stocks lower to cap off losing week as France’s CAC 40 tumbles more than 2%
This picture taken in Paris on March 3, 2024 shows the silhouette of the Eiffel Tower and the city skyline against a cloudy weather. (Photo by Stefano RELLANDINI / AFP) (Photo by STEFANO RELLANDINI/AFP via Getty Images) Stefano Rellandini | Afp | Getty Images LONDON — European stocks tumbled on Friday, rounding off a choppy […]
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China new bank loans rise in May, but well below forecasts
A citizen counts Chinese Yuan in Fuyang, Anhui province, China, Feb 20, 2024. CFOTO | Future Publishing | Getty Images Chinese banks extended 950 billion yuan ($130.93 billion) in new yuan loans in May, rising from April but missing analysts’ expectations. Analysts polled by Reuters had predicted loans would rise to 1.255 trillion yuan in […]
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