US retail sales rose 1.0% mom to USD 680.6B in June, above expectation of 0.8% mom. Ex-auto sales rose 1.0% mom, above expectation of 0.6% mom. Ex-gasoline sales rose 0.7% mom. Ex-auto, ex-gasoline sales rose Read more…
Illustration by Alex Castro / The Verge Dive down into the menus to tune your iPhone to work for you Continue reading…
The dollar index is trading just under new highest since Sep 2002, hit on Thursday’s acceleration above 109.00 mark. The greenback remains well supported by strong risk aversion on global economic and political uncertainty, while Read more…
“In a challenging macro and geopolitical environment, our team delivered solid results and we are in a strong position to weather uncertain times,” said CEO Jane Fraser. Updated at 9:44 am EST Citigroup (C) – Read more…
These are the 30 companies at the base of the supply chain responsible for the most single-use plastics, and ultimately the most plastic waste in the world. The planet is overrun by plastic. Over 300 Read more…
Fading Fed rate hike bets, as well as solid earnings from UnitedHealth, have stocks moving higher Friday ahead of a key reading of U.S. retail sales. Updated at 7:53 am EST U.S. equity futures moved Read more…
The euro continues to trade close to the parity line, after breaking below this symbolic level during the week. It marked the first time that EUR/USD fell below parity since 2002. On Thursday, EUR/USD dropped Read more…
NZ Manufacturing PMI contracts The New Zealand dollar has edged higher on Friday. The currency yawned as New Zealand’s Manufacturing PMI fell into contraction territory in June, for the first time since August 2021, during Read more…
“We do expect credit losses to increase from these incredibly low levels, but we have yet to see any meaningful deterioration in either our consumer or commercial portfolios,” said CEO Charlie Scharf. Wells Fargo (WFC) Read more…
The Euro started a fresh decline below the 1.0100 support zone against the US Dollar. The EUR/USD pair even traded below the 1.0050 level to move into a bearish zone. Moreover, there was a spike Read more…