Kohl’s cuts 2022 outlook, capping mixed week for retailers
Kohl’s on Thursday slashed its sales and profit expectations for the year, a result of its stepped up price cutting…
2022
US home sales fell in July; some buyers see silver lining
LOS ANGELES (AP) — The housing market’s comedown from its high-flying days early this year is deepening, with home sales…
Ethanol Could Get Boost From Carbon Capture Credits In Biden Climate Law
By Leah Douglas WASHINGTON (Reuters) – A major expansion in tax credits for companies that capture and store carbon emissions…
Fed’s Daly: 50 Bps Or 75 Bps Sept Rate Hike ‘reasonable’
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Thursday said that either a half- or 75-basis-point interest-rate…
Fewer Americans file for jobless benefits last week
WASHINGTON (AP) — Slightly fewer Americans filed for unemployment benefits last week as the labor market continues to stand out…
Turkey lowers interest rate even as inflation soars to 80%
ANKARA, Turkey (AP) — Turkey’s central bank on Thursday lowered its key interest rate despite inflation surging to nearly 80%…
U.S. Weekly Jobless Claims Edged Lower Last Week
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell moderately last week, suggesting some loss…
Dollar Holds Its Gains As Fed Set For Lengthy Inflation Fight
By Alun John HONG KONG (Reuters) – The dollar touched a three-week high on Thursday after minutes from the Federal…
Fierce storm kills 3, injures 12 on French island of Corsica
PARIS (AP) — A violent thunderstorm hit the French island of Corsica on Thursday morning, leaving three people dead and…
Germany lowers natural gas tax to ease burden on consumers
BERLIN (AP) — Germany will temporarily lower taxes on natural gas to ease the pressures on people struggling with soaring…