Author: News Room
Alibaba missed top and bottom line expectations for the June quarter of 2024 as it continues to face headwinds in its core e-commerce business amid rising competition and a cautious…
High inflation may finally be starting to cool, but rising electricity prices are keeping the financial pressure on millions of U.S. households nationwide. The cost of electricity rose 0.1% in…
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A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. This morning, economists got something they’ve been waiting three…
WASHINGTON — Vice President Kamala Harris plans to propose the first-ever federal ban on “corporate price-gouging in the food and grocery industries,” her campaign announced late Wednesday.”There’s a big difference…
The Biden administration on Thursday will release prices for the first 10 prescription drugs that were subject to landmark negotiations between drugmakers and Medicare, a milestone in a controversial process…
The indebtedness of American households has surged in the last few years amid a challenging economic environment for consumers that has contributed to delinquency rates rising to their highest levels…
By Michiel Tukker, Benjamin Schroeder, Padhraic Garvey, CFA Markets got their 0.2% US core CPI We got what we wanted – a 0.2% month-on-month core US CPI reading, well in…
Localiza Rent a Car S.A. (OTCQX:LZRFY) Q2 2024 Earnings Conference Call August 14, 2024 8:00 AM ET Company Participants Nora Lanari – Director of IRBruno Sebastian Lasansky – CEORodrigo Tavares…
Summary And Key Takeaways Estée Lauder (NYSE:EL) was once a hyped darling of the masses, with its stock trading at lofty valuations. The rise was only short-lived, though, and the…