
- The British lender took a considerable strike from an more than-issuance of securities in the U.S., which resulted in litigation and carry out charges totaling £1.6 billion over the class of 2022.
Check out the companies making headlines before the bell. Levi Strauss — The denim apparel stock rose 7% after second-quarter results topped expectations. Levi Strauss reported 22 cents in adjusted earnings per share on $1.45 billion of revenue. Analysts surveyed by LSEG were looking for 13 cents per share and $1.37 billion. The company also […]
Read MoreKey Points The so-called “big beautiful bill” that President Donald Trump signed on July 4 cut taxes for many households. However, the law didn’t extend an enhanced premium tax credit that has lowered health insurance premiums for millions of Affordable Care Act enrollees in recent years. The tax break is slated to end after 2025, […]
Read MoreKey Points There’s a pattern in China: companies rush into an industry, then resort to discounts to stay afloat. “On the surface you’re dominating, but deep inside you’re paying a high price to dominate,” an economist said. The escalation of tariffs has made Chinese manufacturers more determined to build factories overseas, “potentially generating redundant supply […]
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