US Retail Sales Increase by 0.9% in April on Rising Costs
(Census Bureau) The US posted total retail and food services sales of $677.7 billion in April, up 0.9% from the previous month. The increase in retail sales was marginally lower…
(Census Bureau) The US posted total retail and food services sales of $677.7 billion in April, up 0.9% from the previous month. The increase in retail sales was marginally lower…
(Walmart) Shares of Walmart fell more than 6% on Tuesday after reporting adjusted earnings per share of $1.30 in the first quarter of FY23. The earnings were below forecasts of…
(Deadline) Shares of Paramount Global rose more than 9% on Tuesday after a filling showed that Warren Buffet’s Berkshire Hathaway acquired a $2.6 billion stake. Berkshire acquired close to $69…
(Home Depot) Shares of Home Depot rose more than 4% in premarket on Tuesday after projecting higher comparable sales in FY22 as demand for home improvement continues. Home Depot said…
(Eurostat) Gross domestic output rose by 0.3% in the euro area in the first quarter of 2022, the same as the last quarter of 2021. In the EU, GDP grew…
(Reuters) Shares of Contour Global rose by more than 33% in premarket on Tuesday after receiving an offer of $2.16 billion or 1.75 billion pounds from KKR. KKR is expected…
(Twitter) Terra’s co-founder Do Kwon is putting forward a governance proposal to fork the Terra blockchain set to be tabled on May 18 and go live on May 27. The…
(ManTech) Shares of ManTech International Corporation surged more than 15% on Monday after agreeing to be acquired by Carlyle in an all-cash transaction deal of $4.2 billion. Under the deal,…
(SEC) Digital World Acquisition Corp., a blank check company, rose up to 6% on Monday after an official filing to merge with Donald Trump’s Truth Social. Once completed, the new…
(NewYorkFed) The index gauging the general business conditions in New York city plunged by 36 points to a contraction zone of minus 11.6 in May. The fall in manufacturing conditions…
(FT) Japan’s largest investment bank Nomura seeks to create a new company for investing in cryptocurrencies, non-fungible tokens, and decentralized finance. Reports indicate that Nomura will combine a number of…
Source: Eurostat The Euro area recorded a trade deficit of 16.4 billion euros in March compared to a surplus of 22.5 billion euros in the prior year. DAX is down…