Aug 30, 2024 | Markets
Germany’s banks are starting to feel the pinch from the stagnating economy. Risk provisioning by the country’s largest lenders rose almost 50% in the first half of the year, with many banks saying that loans to companies and consumers in trouble were a big part of the...
Aug 29, 2024 | Markets
Beauty retailer faces more competition from Target, Walmart Shoppers are increasingly focused on value, Ulta CEO says Ulta Beauty Inc. trimmed its sales forecast as more US consumers cut back on makeup and cosmetics in the face of higher prices and elevated borrowing...
Aug 29, 2024 | Markets
Retailer slashes 2024 forecasts for comparable sales, earnings Company’s shares sink 32%, biggest decline since 2009 IPO Dollar General Inc. shares plummeted the most on record after the discount retailer reduced its full-year sales forecast. Its chief executive...
Aug 29, 2024 | Markets
Index of contract signings decreased 5.5% to 70.2 in July Falling mortgage rates should spur more sales, NAR said A gauge of pending US sales of existing homes sunk in July to the lowest level on record, as high prices and borrowing costs continue to scare buyers...
Aug 29, 2024 | Markets
A narrower sales forecast beat weighed on its stock and peers Advanced Micro Devices and Broadcom are among stocks falling Nvidia Corp.’s earnings report needed to be perfect for a stock that’s added nearly $2 trillion in market value in the past year. In the end, a...
