Economy
Russian media is buzzing over Trump–Putin talks. The mood in Kyiv is very different
Russian President Vladimir Putin meets with the media at his campaign headquarters in Moscow on March 18, 2024. Natalia Kolesnikova | Afp | Getty Images Russian media outlets were in high spirits on Friday as Kremlin leader Vladimir Putin headed to meet U.S. President Donald Trump for an Alaskan summit widely presented as a win […]
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Carlsberg CEO notes changing beer habits amid cost pressures
Il21 | Istock | Getty Images Spending pressures are dividing beer drinking habits, further clouding the outlook for brewers already battling declining sales volumes. Drinkers are increasingly bypassing once-loved core beer brands and instead opting for premium or economy alternatives, Danish brewer Carlsberg said Thursday, as beermakers confront wider pressures on the drinks sector. “We […]
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Nothing is off the table as Trump and Putin set to meet
US President Donald Trump (R) and Russia’s President Vladimir Putin speak during their meeting on the sidelines of the G20 Summit in Hamburg, Germany, on July 7, 2017 Mikhail Klimentiev | AFP | Getty Images As Russian President Vladimir Putin holds face-to-face talks with White House leader Donald Trump on Friday, Ukraine — and the […]
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Chicago Fed president wants to see a ‘few months of data’ on inflation to gauge economy’s health
What does a donut tell us about the state of the economy? Chicago Federal Reserve President Austan Goolsbee thought about that Wednesday as he toured Mel-O-Cream Donuts in Springfield, Illinois. Even inside a donut shop, the effects of tariffs on the economy can be seen. “It’s sort of surprising, because donuts seem like a very […]
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Stocks making the biggest moves after hours: Applied Materials, UnitedHealth, Intel and more
Check out the companies making headlines in after-hours trading. Applied Materials — The semiconductor equipment manufacturer tumbled 11% after the current-quarter outlook missed expectations of analysts polled by LSEG. Fiscal third-quarter earnings and revenue topped estimates. UnitedHealth — The insurer jumped nearly 8% after Warren Buffett’s Berkshire Hathaway revealed a new stake , according to […]
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Stocks making the biggest moves midday: Miami International, Paramount Skydance, Advance Auto Parts and more
Check out the companies making the biggest moves midday: Miami International Holdings — The parent of Miami-based exchange operator MIAX surged more than 43% in its public market debut at the New York Stock Exchange. The company priced its initial public offering at $23 per share. It last traded above $31. Paramount Skydance — The […]
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Wholesale prices rose 0.9% in July, much more than expected
Wholesale prices rose far more than expected in July, providing a potential sign that inflation is still a threat to the U.S. economy, a Bureau of Labor Statistics report Thursday showed. The producer price index, which measures final demand goods and services prices, jumped 0.9% on the month, compared to the Dow Jones estimate for […]
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Stocks making the biggest moves premarket: Deere, Tapestry, Coherent, Bullish and more
Check out the companies making headlines in premarket trading. Li Auto — Shares fell about 2% following JPMorgan’s downgrade of the Chinese electric vehicle company to neutral. Analyst Nick Lai cited stiff competition as a reason for caution. Tapestry — The Coach New York and Kate Spade parent sank more than 10% after its full-year […]
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India’s rising middle class will boost the mid-tier hospitality sector, says analyst
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Manishi Raychaudhuri, CEO of Emmer Capital Partners, talks about India’s rising middle class and how that will boost the mid-tier hotel segment over the next decade. He adds job creation and income expectations will remain the most important driver for consumption, noting […]
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In one of the world’s most expensive cities, more workers are living paycheck to paycheck
Customers buying groceries at a supermarket in Singapore. Bloomberg | Bloomberg | Getty Images Singapore’s reputation for financial prudence and high savings is showing signs of strain. Rising costs and a growing prioritization for experiences and self-care are taking precedence over long-term financial planning, experts observed. “At the end of every month, when my salary […]
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