Category: Economy
Royal Caribbean Focuses on Shorter Cruises and Immersive Experiences
Royal Caribbean Cruises is charting a new course to capture the evolving preferences of vacationers. As competition for leisure dollars intensifies, the cruise line is…
Stocks That Moved Biggest After Hours: Five Below, Interactive Brokers, JB Hunt, and More
Key points Retail and transportation stocks shine: Shares of Five Below and JB Hunt rose after the close of trading, reflecting positive developments in the…
Goldman Sachs in the spotlight: Q2 results
Goldman Sachs is set to report its second-quarter results on Monday, sparking excitement on Wall Street. With the financial sector recovering after a slow 2023,…
Cooling prices pave the way for possible rate cuts
The Federal Reserve’s path to lower interest rates gained clarity after a key inflation report Thursday. The consumer price index (CPI), a gauge of consumer…
Citigroup Beats Profit, Revenue Estimates, Buoyed by Wall Street Boom
Citigroup defied analysts’ expectations on Friday, reporting a strong second quarter, fueled by a surge in Wall Street activity. The strong performance comes as the…
JPMorgan Beats Q2 Expectations, Driven by Investment Banking Growth
JPMorgan Chase beat analysts’ estimates for both profit and revenue in the second quarter, fueled by a surge in investment banking business. Here’s a breakdown…
Fed Rate Cut Expectations Bolstered by Upcoming Inflation Report
Thursday’s highly anticipated June CPI release will likely shape market sentiment regarding potential Federal Reserve rate cuts. Recent economic data, including rising unemployment, suggests both…
China Inflation Cools Further as Deflation Fears Rise
China’s consumer inflation continued its downward trend in June, rising just 0.2% year-on-year, according to data released Wednesday. That was lower than analysts’ expectations and…
Sun Valley Summit: Tech, Media Giants Gather to Discuss Streaming Strategy
This week, media and tech giants will gather in Sun Valley to discuss the future of streaming and explore potential strategic alliances. Allen & Co.’s…
GlobalFoundries Seeks Talent Amid Growing Chip Demand
The semiconductor industry is actively seeking workers in a competitive labor market, driven by growing demand for talent and the need for funding from the…