Skyline view of the City of London financial district. Mike Kemp | In Pictures | Getty Images LONDON — Goldman Sachs on Friday upgraded its growth forecast for the U.K. after the Labour Party’s victory in the country’s general election. The investment bank said in a note released early Friday morning that it expected Labour’s … Read more
U.S. crude oil was little changed on Friday but was on pace for a fourth straight weekly gain as falling inventories show an uptick in demand. Oil market analysts have been forecasting a tighter market in the third quarter as summer fuel demand picks up. U.S. inventory data appeared to confirm those forecasts, with crude … Read more
We’re selling 50 shares of Morgan Stanley at roughly $100.04 each and 110 shares of Wells Fargo at roughly $60.65. Following Friday’s trades, Jim Cramer’s Charitable Trust will own 1,100 shares of MS, decreasing its 3.3% weighting to from 3.45% and 2,000 shares of WFC, decreasing its weighting to 3.64% from 3.84%. We’re making two … Read more
Job seekers attends the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena on June 26, 2024 in Sunrise, Florida. Joe Raedle | Getty Images The U.S. economy again added slightly more jobs than expected in June though the unemployment rate increased, the Labor Department reported Friday. Nonfarm payrolls increased by 206,000 for … Read more
Thomas Trutschel | Photothek | Getty Images The trustee for Mt. Gox, the Japanese bitcoin exchange that collapsed into bankruptcy a decade ago, on Friday said that the company has begun to make payments in bitcoin and in bitcoin cash to some of its creditors. The announcement added that repayments to other users of the hacked exchange … Read more
This photo taken on May 2, 2024 shows a general view of the entrance to the Tokyo Stock Exchange (TSE) headquarters building in the Nihonbashi area of Tokyo. Richard A. Brooks | Afp | Getty Images Japanese stocks have been on a stellar run in 2024. In February, the country’s benchmark Nikkei 225 smashed through … Read more
General view of Bishopsgate in the City of London, the capital’s financial district. The UK economy has reportedly seen faster growth than initially estimated in early 2024. Vuk Valcic | Sopa Images | Lightrocket | Getty Images The U.K.’s Labour Party won big in Thursday’s election and is now set to take over from the … Read more
People commuting to work in the morning cross a pedestrian crossing in Tokyo on February 15, 2024. Kazuhiro Nogi | AFP | Getty Images Asia-Pacific markets were mostly up, with Japan’s key benchmark hitting new highs on Friday, after scaling record peaks in the previous session. Japan’s Nikkei 225 continued its record-breaking run, climbing 0.46% … Read more
Saks Fifth Avenue store at the Waterside Shops. John Greim | Lightrocket | Getty Images Saks Fifth Avenue parent HBC said on Thursday it will acquire Neiman Marcus Group in a $2.65 billion deal combining the storied retailers. The combination will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus’ … Read more
Patrick Bertoletti, Geoffrey Esper and other contestants compete in the 2024 Nathan’s Famous Fourth of July International Hot Dog Eating Contest at Coney Island in New York City, U.S., July 4, 2024. Jeenah Moon | Reuters There’s a new top dog in the frankfurter eating world. Patrick Bertoletti won Nathan’s Hot Dog Eating Contest, the … Read more
