My top 10 things to watch Friday, June 28 The S & P 500 and Nasdaq are on track for their fourth-straight session of gains Friday after the Federal Reserve’s preferred inflation gauge showed that inflation cooled in May. Entering the final trading day of the second quarter, the S …
Nike shoes and logo are seen at a store in Nice, France on May 28, 2024. Jakub Porzycki | Nurphoto | Getty Images Shares of Nike plunged on Thursday after the retailer cut its full-year guidance and said it expects sales to drop 10% during its current quarter as it …
India has been dubbed the “perfect” emerging market to invest in, but it can be tricky for those outside the country to gain access. CNBC Pro assesses the case for buying into this booming economy, the risks to consider — and how global investors can get involved. India’s stock market …
Cyberattacks against water utilities across the country are becoming more frequent and more severe, the Environmental Protection Agency warned Monday as it issued an enforcement alert urging water systems to take immediate actions to protect the nation’s drinking water. About 70% of utilities inspected by federal officials over the last …
Ukrainian forces trying to slow Russian advance in northeast Ukraine’s military said its forces were working hard to slow Russian troops’ advances in northeast Ukraine as a new offensive continues to bear fruit for Russia. In an operational update on Facebook, Ukraine’s General Staff said its defense forces were preventing …
Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DEROIT – General Motors CEO Mary Barra has been aggressive in exiting unprofitable or underperforming …
Starbucks shares plummeted Tuesday evening by roughly 11.5% after the coffee giant delivered a much weaker-than-expected quarter. The company also cut its outlook for fiscal 2024, leaving little room for optimism of a quick rebound in traffic at its stores. Revenue fell 2% year over year to $8.56 billion in …
“There are a lot of people coming into the middle class, and I really feel that India is at a tipping point, and it’s great to be there,” Apple CEO Tim Cook said in May last year. His comments underscore one reason Apple has recently made an aggressive play to …
What does the secretary of commerce do? Until now, mainly promote U.S. businesses abroad. It had not been a high-profile job til Gina Raimondo turned the second-tier agency into a center of job creation, manufacturing, and national security. Once the governor of Rhode Island, Raimondo, at 52, seems to …
BEIJING: Pakistan’s sesamum seeds export to China crossed $10.10 million in the first two months of 2024, showing a growth of 68.11% year-on-year. Pakistan Embassy Investment and Trade Counsellor in Beijing Ghulam Qadir said that according to the General Administration of Customs of the People’s Republic of China (GACC), Pakistan …
