As Black Friday unfolds on November 29, 2024, shoppers across the United States are hitting stores in search of deals, despite concerns over inflation and a shorter holiday shopping season. Retailers are responding with a mix of exclusive products and significant...
The S&P Global flash U.S. Composite PMI Output Index surged to 55.3 in November, marking a significant rise from October's reading of 54.1 and reaching its highest level in 31 months. This increase suggests that economic growth likely accelerated in the fourth...
On Friday, November 15, 2024, Asian stock markets showed mostly positive movements amid a backdrop of fluctuating U.S. equities following Donald Trump's recent election victory. The Nikkei 225 in Tokyo rose by 0.8% to reach 38,842.13 as the yen continued its downward...
Intel Corporation is poised to announce its largest quarterly revenue drop in five quarters, with Wall Street analysts projecting an 8% decline to approximately $13.02 billion. This anticipated decrease reflects ongoing challenges for the semiconductor giant as it...
The National Highway Traffic Safety Administration (NHTSA) has launched an investigation into approximately 2.4 million Tesla vehicles due to concerns surrounding the company's Full Self-Driving (FSD) technology, following reports of crashes in low-visibility...
Unilever, the British consumer goods giant known for brands like Dove and Hellmann's mayonnaise, announced on October 10, 2024, that it has finalized the sale of its Russian operations to Arnest Group, a local manufacturer specializing in perfumes, cosmetics, and...
Long queues of container ships are forming outside major U.S. ports as the largest dockworker strike in nearly half a century continues into its third day. The strike, initiated by approximately 45,000 members of the International Longshoremen's Association (ILA),...
Swedish fashion retailer H&M is making a strategic move to attract holiday shoppers by focusing on lower prices and a broader selection of trendy clothing. The announcement was made on September 26, 2024, as the company aims to enhance its appeal amid changing...
On September 18, 2024, the Federal Reserve announced a significant cut to its benchmark interest rate, reducing it by 50 basis points to a new range of 4.75% to 5%. This decision comes as part of the Fed's ongoing efforts to manage inflation and stimulate economic...
U.S. producer prices rose by 0.2% in August 2024, aligning closely with market expectations, according to the U.S. Bureau of Labor Statistics. This increase marks a continuation of the upward trend, driven primarily by higher costs for services. The Producer Price...