American Eagle Earnings Disappoint As Inflation Hits Apparel Demand
(Reuters) -American Eagle Outfitters Inc on Wednesday missed second-quarter profit estimates and said it would pause quarterly dividend as it…
Headlines
U.S. Firms See Tentative Progress On Inflation And Labor Supply, Fed Says
(Reuters) -U.S. firms reported economic activity was unchanged in July through late August, with further softening expected over the next…
American Eagle Outfitters Posts Net Loss On Slowing Consumer Demand
(Reuters) – American Eagle Outfitters Inc reported a loss for the second quarter on Wednesday and said it would pause…
Apple Unveils IPhone 14 With Satellite SOS, Ultra Watch For Outdoors
By Stephen Nellis (Reuters) -Apple Inc introduced new iPhone 14 models capable of using satellites to send emergency messages and…
Wall Street Rebounds As Yields Slip, Focus On Fed Path
By Carolina Mandl (Reuters) – U.S. stock indexes climbed on Wednesday following a recent selloff as bond yields eased, while…
Starbucks loses appeal, will rehire 7 fired Memphis workers
Starbucks said Wednesday it will reinstate seven employees who were fired in February after leading an effort to unionize their…
Apple Unveils New Ultra Watch For Adventure Sports, IPhone Upgrades Expected
By Stephen Nellis (Reuters) -Apple Inc on Wednesday showed a trio of new Apple Watches, including a new Watch Ultra…
Fed’s Brainard Says Inflation Fight Will Last “as Long As It Takes”
By Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve will maintain tight monetary policy “for as long as it…
Movie chain Cineworld files for Chapter 11 bankruptcy
Movie theater operator Cineworld Group LLC has filed for Chapter 11 bankruptcy protection in the U.S. as it deals with…
Fed’s Brainard: Rates to rise higher, stay elevated longer
WASHINGTON (AP) — The Federal Reserve will need to continue lifting its short-term interest rate to a level that restricts…