Economy
These are the cheapest — and most expensive — cities in Europe to visit this year
It may seem paradoxical, but a trip to Europe may be a way to save money on travel this year. Amid a global scramble to find ways to save money while traveling, hotel rates dropped in many European cities. Average airfares originating from the United States are also down, according to travel specialists. Another boon […]
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Stock futures fall after Walmart cuts forecast, says inflation hit consumer spending
Traders on the floor of the New York Stock Exchange, June 28, 2022. Source: NYSE U.S. stock futures fell on Monday night after Walmart cut its profit forecast, sending retail stocks tumbling after hours. Dow Jones Industrial Average futures fell by 133 points, or 0.4%. S&P 500 and Nasdaq 100 futures declined 0.3% and 0.4%, […]
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Amazon sinks after Walmart lowers profit outlook on inflation concerns
The front desk of the Amazon office is pictured in New York, May 1, 2019. Carlo Allegri | Reuters Shares of Amazon fell more than 4% in extended trading on Monday after Walmart said it was lowering its quarterly and full-year profit guidance. Walmart announced after the bell on Monday that it now expects adjusted […]
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Stocks making the biggest moves after hours: Walmart, Target, Whirlpool and more
People talk outside a Wal-Mart Pickup-Grocery store in Bentonville, Arkansas. Rick Wilking | Reuters Check out the companies making headlines after hours. Walmart — Shares dropped more than 8% in extended trading Monday after the retailer lowered its quarterly and full-year profit forecast, citing sharply rising food inflation that is hurting consumer spending on general […]
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Stocks making the biggest moves midday: Newmont, World Wrestling Entertainment, Ryanair & more
Ryanair planes are seen at Dublin Airport, following the outbreak of the coronavirus disease (COVID-19), Dublin, Ireland. Jason Cairnduff | Reuters Check out the companies making headlines in midday trading Monday. Newmont — Newmont shares tumbled 13.2% after the mining company reported a disappointing second-quarter profit. The company reported earnings of 46 cents per share, […]
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Senate moderates Manchin and Murkowski both test positive for Covid
U.S. Senator Joe Manchin (D-WV) listens to Sen. Lisa Murkowski (R-AK) as they walk together in the Senate subway at the U.S. Capitol in Washington, U.S., October 6, 2021. Evelyn Hockstein | Reuters WASHINGTON — A resurgence in Covid cases across the nation could impede progress on key bills in the U.S. Senate this week […]
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SEC charges former GOP Rep. Stephen Buyer with insider trading
(File 1988) House Judiciary Committee member Rep. Stephen Buyer (R/IN) carries his research materials away at the conclusion of the impeachment proceedings December 12. Reuters WASHINGTON — Former Indiana Republican Rep. Stephen Buyer has been charged with insider trading, the Securities and Exchange Commission announced Monday. Buyer, who left Congress in 2011, is accused of […]
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5 things to know before the stock market opens Monday
U.S. Federal Reserve Board Chairman Jerome Powell takes questions after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to stem a disruptive surge in inflation, during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, June 15, 2022. Elizabeth Frantz | Reuters […]
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Stocks making the biggest moves premarket: Newmont, Squarespace, Philips and more
Check out the companies making headlines before the bell: Newmont (NEM) – The mining company’s stock slid 3.3% in premarket trading after it reported lower-than-expected second-quarter earnings. Profit was down nearly 41% from a year ago, hurt by a drop in gold prices. Squarespace (SQSP) – The e-commerce platform provider tumbled 14.4% in the premarket […]
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Stock futures fall slightly as Wall Street braces for a busy week of earnings, Fed meeting
Traders on the floor of the NYSE, July 6, 2022. Source: NYSE U.S. stock futures fell slightly on Sunday night, coming off a positive week for the major averages, as traders brace for the busiest week of corporate earnings, as well as insights into further interest rate hikes from the Federal Reserve. Dow Jones Industrial […]
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