Target’s earnings take a huge hit as retailer sells off unwanted inventoryhttps://www.cnbc.com/2022/08/17/target-tgt-q2-2022-earnings.htmlTarget’s profit plunged as it slashed prices to clear out a glut of unwanted inventory.The retailer maintained its outlook […]
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Canada’s inflation rate slows to 7.6% in July, but more Bank of Canada rate hikes expected
Canada’s inflation rate slows to 7.6% in July, but more Bank of Canada rate hikes expectedCanadian inflation slowed in July as consumers paid much less for gasoline, marking what could be the […]
At midday: TSX hits near 10-week high on boost from financials
Aug 16: At midday: TSX hits near 10-week high on boost from financialsCanada’s main stock index hit a near 10-week high on Tuesday, boosted by financial stocks after data showed […]
Walmart is a top US inflation gauge
Walmart is a top US inflation gaugeAs the nation’s biggest retailer and employer, Walmart is considered one of the best inflation gauges out there — and investors will be paying […]
China’s consumer and factory data miss expectations in July
China’s consumer and factory data miss expectations in JulyRetail sales grew by 2.7% in July from a year ago, the National Bureau of Statistics said Monday. That’s well below the […]
China unexpectedly cuts key rates as economic data disappoints
China unexpectedly cuts key rates as economic data disappointsChina’s central bank cut key lending rates in a surprise move on Monday to revive demand as data showed the economy unexpectedly […]
At the open: TSX starts lower as oil slumps on disappointing China data
At the open: TSX starts lower as oil slumps on disappointing China data – Aug 15, 2022Canada’s main stock index opened lower on Wednesday as oil prices tumbled after weaker-than-expected […]
U.S. Consumer Sentiment Improves Much More Than Expected In August
U.S. Consumer Sentiment Improves Much More Than Expected In AugustBy RTTNews Staff Writer ✉ | Published: 8/12/2022 10:45 AM ETConsumer sentiment in the U.S. has improved by much more than expected in the month […]
House passes massive climate, tax and health bill, sending Biden a core piece of his agenda to sign
House passes massive climate, tax and health bill, sending Biden a core piece of his agenda to signThe House passed a sweeping tax, health and climate bill, dubbed the Inflation […]