Economists project recession in Chile as Q2 GDP misses forecasts

investing.com By Fabian Cambero and Gabriel Araujo SANTIAGO -Chile's gross domestic product came in below expectations in the second quarter of 2022, central bank data showed on Thursday, leading economists to forecast a...

U.S. existing home sales fall for sixth straight month; prices remain elevated

investing.com WASHINGTON - U.S. existing home sales fell to a fresh two-year low in July, further evidence that the Federal Reserve's aggressive monetary policy tightening campaign was dampening demand for housing, although home...

Tesla Cuts Waiting Times in China to Minimum 4 Weeks

investing.com By Michael Elkins Tesla is seeing positive movement in early trading on Thursday after the company announced that they were cutting the delivery waiting period for Model 3 and Model Y cars in China. The waiting time...

Stocks open flat as Wall Street's summer rally falters

cnbc.com Stocks dipped on Thursday as investors struggled to regain their footing a day after the Dow Jones Industrial Average snapped a five-day winning streak. The Dow inched 0.21% lower, or 71 points, while the S&P 500...

U.S. existing home sales fall for sixth straight month; prices remain elevated

reuters.com U.S. existing home sales fell to a fresh two-year low in July, further evidence that the Federal Reserve's aggressive monetary policy tightening campaign was dampening demand for housing, although home price levels...

Wall St slips as weekly jobless claims edge lower

reuters.com Wall Street's main indexes fell on Thursday after latest data suggested labor market conditions remain tight, while investors assessed minutes from the Federal Reserve's July meeting that indicated a less aggressive...

U.S. weekly jobless claims dip as labor market remains resilient

investing.com By Lucia Mutikani WASHINGTON -The number of Americans filing new claims for unemployment benefits fell last week and data for the prior period was revised sharply down, suggesting labor market conditions remain...

Norway and New Zealand deliver latest big rate hikes

investing.com LONDON - The Norwegian and New Zealand central banks this week both delivered yet more interest rate hikes and signalled further tightening is round the corner as policymakers globally race to get on top of runaway...

Expected slow return to Canada's inflation target defuses rate-cut bets

investing.com By Fergal Smith TORONTO - Canadian inflation is not likely to return to the central bank's 2% target until 2024 after possibly peaking in June, as less volatile items like wages and rent displace energy as key...

Federal Reserve sees this bear market as an opportunity for banks to prepare. Calling on Wall Street to put systems in place as the market braces for the institutional investor "floodgates" to open

forbes.com The bitcoin price, down around 70% from its late 2021 all-time high, has crashed back this year. The Federal Reserve wrestles with soaring inflation by hiking interest rates and cutting stimulus measures. Forbes'...

Explainer-What is at stake for investors in Angola's elections?

investing.com By Rachel Savage and Catarina Demony LONDON/LUANDA - Angolan voters will choose next Wednesday between a party that's been in power for nearly five decades and its main opponent for even longer, in what looks like...

Luxury sneakers may be a step too far for cash-strapped Gen Z

investing.com By Casey Hall and Mimosa Spencer SHANGHAI/PARIS - From $300 bucket hats to $900 sneakers and $700 t-shirts, the high-flying luxury sector is fretting over the appetite among financially stretched Gen Z consumers for...

Bath & Body Works Dips on Big EPS Forecast Cut, Analyst Sees Several Positive Catalysts

investing.com By Senad Karaahmetovic Shares of Bath & Body Works Inc. are down about 1% after the company cut its annual profit forecast. BBWI topped its recent preannouncement of $0.40-$0.42 by reporting EPS from continuing...

Dow Futures Up 25 Pts; Jobless Claims, Home Sales Data Due

investing.com By Peter Nurse Investing.com -- U.S. stocks are seen opening marginally higher Thursday, rebounding to a degree from the previous session’s weakness after minutes of the Federal Reserve's July meeting pointed to...

Bond Report: Bond yields see meager moves as inflation fears linger

marketwatch.com Investors continue to parse the latest clues to the Federal Reserve's policy path and signs of stubborn price pressures across the global economy.