[ad_1] U.S. Shares rise Friday morning as banks gather after Federal Reserve approved their plans to increase their dividends and redeem more stock. Wells Fargo leaps after announcing the purchase of $ …
Read More »US consumer spending is moderate in May
[ad_1] Updated on June 29, 2018 10:42 AM WASHINGTON-U.S. Despite an improvement in revenues, consumers have only modestly increased their spending in May, with inflation from one year to the next showing …
Read More »"Millions" of customers of the American Web site warned of cyber theft
[ad_1] The sports brand Adidas website may have been hacked. The company admitted Thursday night that millions of usernames and encrypted passwords had been stolen. The company said in a brief statement …
Read More »Goodbye, Geoffrey: Toys R Us closing its last stores – CBS News 8 – San Diego, CA News Station
[ad_1] NEW YORK (AP) – Toys R Us closes its last American stores Friday, the end of a chain known by generations of children and parents for its sprawling stores, its brightly …
Read More »Dow opens more than 100 points more than banks and Nike shares increase
[ad_1] "We are clearly in a parallel market," said Arian Vojdani, investment strategist at MV Financial. "The narrative – apart from solid economic data and good income – is not good." "The …
Read More »Nike Shares Hit Record High After Big North American Turnaround
[ad_1] Nike just did it. Nike Inc. (NKE) shares opened up to a record high after the world's biggest sports apparel company blasted quarterly earnings forecasts and unveiled a $ 15 billion …
Read More »The Fed's favorite inflation measure hits its target for the first time in six years
[ad_1] (Reuters) – US consumer prices accelerated between May and May, with underlying inflation reaching the 2% target of the Federal Reserve for the first time in six years. Consumer prices measured …
Read More »Nike, Wells Fargo, the Vertex Lead Prémarket Rally
[ad_1] Equity futures on Friday took a bullish rally in the markets of Europe and China, with the goal of ending trade for the month of June, as well as for the …
Read More »A quarter of Deutsche Bank to forget
[ad_1] The sun sets in the second quarter, and not a moment too early for Deutsche Bank AG. In 90 days, the German lender replaced his CEO, promised thousands of job cuts, …
Read More »Underlying inflation reaches the Fed's 2% target for the first time in six years
[ad_1] Getty Images Consumer spending rose 0.2% in May. Figures: Inflation rose in May as consumer spending continued to show some strength, the government announced on Friday. The PCE index, the Federal …
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