August 31, 2023
“On Aug. 9, Roblox shares crashed nearly 22% after the videogame company reported earnings below analysts’ expectations. Roblox lost 46 cents per share on bookings of $781 million. For the June-ended quarter, Roblox notched $781 million in net bookings and… Continue Reading…
August 31, 2023
“As of July, 61% of adults still said they are living paycheck to paycheck, according to a new LendingClub report, slightly more than last year’s 59%… Now, 78% of consumers earning less than $50,000 a year and 65% of those earning between… Continue Reading…
August 30, 2023
“Britain’s broad money supply has stopped growing for the first time in at least 13 years, a reading that will deepen concerns among monetarists urging the Bank of England to show restraint in its battle against inflation… King warned in… Continue Reading…
August 30, 2023
“…The firm reported Wednesday that private employers added 177,000 jobs in August, well below the revised total of 371,000 added in July. Economists surveyed by Dow Jones were expecting 200,000 jobs added in August. ADP also reported that pay growth… Continue Reading…
August 30, 2023
“…In late July, the central bank estimated that it would require the U.K. Treasury to backstop £150 billion ($189 billion) of losses on its asset purchase facility (APF)… Raja concluded that the cost to the Treasury of indemnifying the central bank over… Continue Reading…
August 29, 2023
“… …” https://finance.yahoo.com/news/china-evergrande-crashes-87-become-221139544.html
August 29, 2023
“…Despite the moves, foreign investors continue to flee Chinese markets. With Beijing cracking down on foreign consulting firms amid tensions between the U.S. and China and repeatedly requiring investment firms to avoid selling stocks when markets look shaky, investors seem increasingly nervous about the… Continue Reading…
August 29, 2023
“…Total beer sales in the U.S. were up 2.2% in dollar sales for the week ending Aug. 19, but three brands saw double-digit increases in both sales and volume: Miller Lite was up 18.5% in sales and 12.3% in volume, Coors Light… Continue Reading…
August 25, 2023
“On the final day of the annual BRICS summit in Johannesburg on Thursday, leaders of the group announced Saudi Arabia, Iran, Egypt, Argentina, Ethiopia, and the United Arab Emirates (UAE) will join their ranks starting Jan. 1… But Gregory Daco,… Continue Reading…
August 25, 2023
“Developers in the world of artificial intelligence can’t get enough of Nvidia’s processors. Demand is so strong that the company said late Wednesday that revenue in the current quarter will jump 170% to roughly $16 billion. Nvidia shares rose more than 2% on Thursday before slumping… Continue Reading…
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