Amazon online sales improve despite economy fears – BBC News
Amazon’s e-commerce business perked up in the three months to June, after months of lacklustre spending amidst a wider, sluggish economy. The uptick follows a...
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Apple Revenue Drops 1%, but Profit Rises to $19.88 Billion – The New York Times
The smartphone industry is in a tailspin, with unit sales falling for two straight years , but Apple has escaped the worst of the downturn...
UK interest rates expected to rise for 14th time in a row – BBC News
Interest rates are expected to rise for the 14th time in row as the Bank of England continues its battle to control stubbornly high price...
Investors turn gloomy over Europe’s economic outlook – The Financial Times
Investors are increasing bets Europe will sink into a painful economic downturn, in a growing contrast to the conviction in financial markets that the US...
Fitch’s historic downgrade may be a black eye for the US but not much more – CNN
There may not be any lasting major negative ramifications from the surprise US credit rating downgrade by Fitch this week — not for the economy,...
‘How Do I Do That?’ The New Hires of 2023 Are Unprepared for Work – WSJ
Roman Devengenzo was consulting for a robotics company in Silicon Valley last fall when he asked a newly minted mechanical engineer to design a small...
Here Comes the Tsunami of Longer-Term Treasury Notes & Bonds: Monthly Auction Sizes +60% by August Next Year – Wolf Street
The US Treasury Department today released data to what extent it will boost the issuance of Treasury notes (maturities of 2 years to 10 years)...
Fitch downgrades U.S. credit rating after debt ceiling crisis – The Washington Post
The credit agency Fitch Ratings downgraded the trustworthiness of the US government on Tuesday, saying successive standoffs over the nation’s debt ceiling and rising federal...
Jobs Market Shows Signs of the Gradual Cooling the Fed Wants – WSJ
The U.S. labor market is showing fresh signs of easing, with slowly falling job openings adding to figures that show the Federal Reserve is making...
Five things investors have learned this year – The Economist
Stockmarkets, the economist Paul Samuelson once quipped, have predicted nine out of the last five recessions. Today they stand accused of crying wolf yet again....