S&P 500 Wobbles To The End Of Its Worst First-half Since 1970
By Stephen Culp NEW YORK (Reuters) – Wall Street slid into the finish line of a dismal month and quarter…
Nike Earnings: An Update on Retail and the Consumer
Walmart and Target put market participants on notice a couple of weeks ago. Supply Chain issues remained a major headwind…
Robinhood’s Last Quiver… Strategic Optionality
Strategic Optionality means being able to move beyond basic scenarios. In the case of Robinhood shareholders, there may be recourse…
Delta Air CEO Apologizes For Flight Disruptions
(Reuters) – Delta Air Lines Inc Chief Executive Officer Ed Bastian on Thursday apologized for flight cancellations that have hit…
U.S. Inflation Data Offer No Quick Relief To Fed, But Hint At A Peak
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – New U.S. data for May showed little immediate relief from the…
Walgreens Keeps Forecast As Waning COVID Vaccine Demand Weighs
By Mrinalika Roy and Leroy Leo (Reuters) -Walgreens Boots Alliance Inc on Thursday maintained its full-year earnings forecast due to…
Nuts And Bolts Of The LME’s Cancelled Nickel Trades Legal Case
By Pratima Desai LONDON (Reuters) – Hedge fund Elliott Associates and Jane Street Global Trading are suing the London Metal…
Tokyo, City Of London Seek To Deepen Collaboration On Sustainable Finance
TOKYO (Reuters) – Tokyo aims to deepen its ties with the City of London by promoting financial collaboration and exchanging…
U.S. Consumer Spending Rises Moderately; Inflation Pushes Higher
WASHINGTON (Reuters) – U.S. consumer spending rose less than expected in May as motor vehicles remained scarce while higher prices…
Germany sees possible Russian ‘blockade’ of key gas pipeline
BERLIN (AP) — Germany’s vice chancellor said Thursday he suspects that Russia may not resume natural gas deliveries to Europe…