May 16, 2024 | Markets
New home construction increased in April after down revisions Proxy for future building fell to lowest since the end of 2022 New US home construction rose by less than forecast in April and permits for new activity dropped, suggesting the recent rise in mortgage rates...
May 16, 2024 | Markets
Dating app Bumble is in a scramble to remove a series of ads arguing that celibacy is not the solution to women’s dating problems after it was called out on social media. The billboards, which included messages like, “You know full well a vow of celibacy is not the...
May 15, 2024 | Markets
GDP data for last quarter of 2023 revised to show no growth Consumption, business investment, net exports all exert drag Japan’s economy shrank in the first quarter as consumers and companies cut spending, extending a dismal performance that stretches back to last...
May 15, 2024 | Markets
Bridgewater Associates Chief Executive Officer Nir Bar Dea warned investors of becoming too overconfident in their positions as geopolitical risks impact markets around the world. Bridgewater has been working with clients to stress test their portfolios amid tensions...
May 15, 2024 | Markets
US should cancel the added tariffs, Commerce Ministry says Analysts see measured response from Beijing before election China blasted the Biden administration’s move to increase US tariffs on a wide range of Chinese imports, vowing to take its own action, without...
May 14, 2024 | Markets
Sony expects image sensors and music to be strong this year PlayStation 5 hardware sales set to remain under pressure Sony Group Corp.’s stock climbed its most in more than 18 months after it announced a share buyback and a stock split and net income beat estimates in...
