The Federal Reserve has a big meeting on tap next week, one that will be held under the cloud of an ethical dilemma. Reports in recent days indicate that Fed officials have been trading stocks and bonds that could be influenced at least indirectly by their decisions. The Fed lives […]
Retailer says it faces ‘significant uncertainty’ about trading amid staff and stock pressures First published on Thu 16 Sep 2021 03.34 EDT The owner of John Lewis and Waitrose slashed losses to £29m in the first half of its financial year after it cut costs and benefited from business rates […]
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Prolonged shutdowns in Vietnam because of the coronavirus pandemic are becoming a bigger headache for retailers. The worries led Wall Street research firm BTIG to downgrade shares of Nike last week, citing serious production issues since the sneaker maker last reported earnings. The picture will likely grow bleaker as the […]
A new health order may require proof of a Covid-19 vaccination or a recent negative test for admission to Universal Studios, Six Flags Magic Mountain, and major concert attractions. The Los Angeles Times reported that a “top health official” confirmed that the passes will be required starting Oct. 7. Such […]
Natural gas prices are making some unnatural moves. After a nearly 40% rally in the last month — an unusually outsized move for any commodity — the charts are now flashing warning signs, Miller Tabak's Matt Maley told CNBC's "Trading Nation" on Thursday. Natural gas prices fell by about 3.5% […]
The subject of additional regulation in the crypto space has been especially buzzy lately, and on Tuesday, Gary Gensler, chairman of the Securities and Exchange Commission, told the Senate Banking Committee that the SEC is working overtime to create a set of rules for crypto markets to protect investors, among […]
It is hard to peg a methodology for determining financial stress. Some people make a great deal of money but do not live within their means. Some people have modest incomes but are thrifty. Occasionally, people or families get hit with overwhelming costs like huge medical bills. Their financial stress […]
Growth in Philadelphia-area manufacturing activity unexpectedly reaccelerated in the month of September, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current activity jumped to 30.7 in September from 19.4 in August, with a positive reading indicating […]
Shoppers spent £100m more in 2020 on alt-milks, with sales driven by environmental and health concerns Coronavirus – latest updates See all our coronavirus coverage One in three Britons drink plant-based milk, according to a report that suggests they have become a mainstream choice for consumers. Shoppers spent £100m more […]
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