Employers held off for months on making decisions about vaccine mandates, worried about legal and political pushback. But facing renewed pandemic restrictions, and with encouragement from government leaders, a growing
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Earnings bounce, bond-yield drop help keep party going for U.S. stocks
NEW YORK (Reuters) – A rebound in corporate profits and the recent drop in bond yields are helping to moderate U.S. equity valuations, bolstering the case for owning stocks even
Credit Suisse chairman doubles down with $1 million stock purchase
FILE PHOTO: The headquarters of Swiss bank Credit Suisse are seen at the Paradeplatz square in Zurich, Switzerland March 24, 2021. REUTERS/Arnd Wiegmann/File PhotoZURICH (Reuters) – Credit Suisse Chairman Antonio
Services boost U.S. consumer spending in June; inflation increases
WASHINGTON (Reuters) -U.S. consumer spending rose more than expected in June as vaccinations against COVID-19 boosted demand for travel-related services, but part of the increase reflected higher prices, with annual
Burger King U.S. sales power Restaurant Brands' results beat
(Reuters) -Restaurant Brands International Inc beat estimates for quarterly profit and revenue on Friday, as Americans spent more at its Burger King outlets after COVID-19 restrictions were eased.FILE PHOTO: Burger
Nasdaq, S&P 500 fall as Amazon earnings disappoint
(Reuters) – The Nasdaq and S&P 500 indexes fell on Friday following a glum quarterly earnings report from Amazon.com, while data showing a strong rise in June consumer spending reinforced
China education fund tumbles after ill-timed launch
SHANGHAI (Reuters) – Following an ill-timed launch, a Chinese fund that promised to offer global investors a “golden” opportunity to buy Chinese education stocks has dropped more than 40% this
Credit Suisse creates new asset management risk role
ZURICH (Reuters) – Credit Suisse, recently hit by the Archegos and Greensill scandals, has created a new role of chief risk officer for asset management that will be filled by
Michael Cullen: Slogans won’t dig us out of the mire
OPINION: The past few weeks have seen floods in mid-Canterbury, Buller and Marlborough, floods in Germany, Belgium, China and England, and unprecedented heatwaves in the American northwest and western Canada.
COVID-19: One in seven British shops now lie empty – and rates are increasing despite the economy reopening
One in seven shops across Britain is lying empty – with the number rising over the last three months even as the economy reopened, new figures show. The vacancy rate