Philip Morris’s stock rises as outlook tops analyst estimates. MarketWatch reports that Philip Morris forecasts an upbeat 2025 profit as demand for ZYN nicotine pouches surges. Yahoo Finance […]
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Spot gold holds steady after U.S. weekly jobless claims rise to 219k
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster, and producer for media, educational, […]
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Shares of Coach parent Tapestry spike 20%, as holiday sales soar after merger collapse
Shares of Coach parent Tapestry shot up about 15% in premarket trading after the company beat holiday-quarter sales expectations and boosted its full-year forecast. The fashion and accessories […]
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Bank of England Cuts Interest Rates as British Economy Weakens
The Bank of England cut interest rates on Thursday for the third time in about six months, amid signs of weak economic growth in Britain and an unexpected […]
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Trump’s de minimis cancellation is bad news for Temu, but worse for Shein
SHANGHAI, Feb 6 (Reuters) – The Trump administration’s move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer Shein harder than online […]
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A retail army is bullying bigger investors waiting to buy a stock-market dip, says Goldman strategist
A retail army is bullying bigger investors waiting to buy a stock-market dip, says Goldman strategist.— news from MarketWatch
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Honeywell, one of the few remaining US industrial conglomerates, to split into 3 companies
Honeywell, one of the last remaining U.S. industrial conglomerates, will split into three independent companies, following the path of manufacturing giants like General Electric and Alcoa. The North […]
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UK interest rates latest: Bank of England cuts interest rates to 4.5%, the lowest level since June 2023
An unhappy mix of slow growth and rising prices, the Bank suggests. Kevin Peachey, the cost of living correspondent, notes that the Bank of England expects the sluggish […]
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Trump closed a China loophole. Shein and Temu were already prepared.
Trump’s executive order ending de minimis shipments hurts Shein and Temu. The companies have prepared for changes by fulfilling more orders locally in recent years. Experts say Shein […]
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DEI: Google joins US firms abandoning diversity recruitment goals
Google has become the latest big US firm to scrap its goals to recruit more workers from underrepresented groups, BBC News understands. The decision to abandon the diversity, […]