Business

Shoppers are seen in a Kroger supermarket on October 14, 2022, in Atlanta, Georgia. Elijah Nouvelage | AFP | Getty ImagesRising gasoline prices likely put a floor under inflation in February, potentially reinforcing the Federal Reserve's…

Customers shop at a Costco store on August 31, 2023 in Novato, California. According to a report by the Commerce Department, consumer spending rose 0.8% in July beating expectations of 0.7%. (Photo by Justin Sullivan/Getty Images)Justin…

Proclaiming that "I'm a big believer in tariffs," former President Donald Trump on Monday indicated he's likely to reinstitute duties on foreign goods should he win election to a second term.In a CNBC interview, Trump cited both economic…

Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World Petroleum Congress at the Big 4 Building at Stampede Park, on September 18, 2023, in Calgary, Canada. …

A sign posted outside a restaurant looking to hire workers in Miami, May 5, 2023.Joe Raedle | Getty Images News | Getty ImagesUnemployment among Black women fell in February even as the number of those looking for work increased, data…

Job creation topped expectations in February, but the unemployment rate moved higher and employment growth from the previous two months wasn't near as hot as initially reported.Nonfarm payrolls increased by 275,000 for the month while the…

A general view of an Old Navy store. Gap Inc.Gap's largest banner Old Navy returned to growth for the first time in more than a year during its holiday quarter as the retailer delivered earnings on Thursday that came in well ahead of Wall…

A workers stocks the shelves in a CVS pharmacy store on February 07, 2024 in Miami, Florida. Joe Raedle | Getty ImagesJob growth in the U.S. likely decelerated in February while still a long way from stall speed as companies continue to…

Mandel Ngan | Afp | Getty ImagesCostco on Thursday missed Wall Street's revenue expectations for its holiday quarter, despite reporting year-over-year sales growth and strong e-commerce gains.Shares of the retailer fell about 4% in…

More than 75 employers were taking resumes and talking to prospective new hires at a career fair in Lake Forest, CA on Wednesday, February 21, 2024. Paul Bersebach | Medianews Group | Orange County Register | Getty ImagesLayoff…

European Central Bank policymakers on Thursday lowered their annual inflation and growth forecasts, as they confirmed a widely expected hold of interest rates.Staff projections now see economic growth of 0.6% in 2024, from a previous…

American Eagle on Thursday announced a new strategy to boost profitable growth over the next three years, as the retailer said it wrote off $94 million in impairment charges related to its internal logistics business Quiet Platform.The…

Shares of Teleperformance plunged 20% on Thursday, after the French call center and office services group missed its full-year revenue target and flagged a "volatile economic environment."Investors have been spooked by the potential impact…

Mannequins display men's suits inside a Hugo Boss showroom.Bloomberg | Bloomberg | Getty ImagesShares of Hugo Boss plunged 18%, before paring losses slightly Thursday, after warning that it may fail to meet its 2025 sales target amid…

Yousef Gamal El-Din | CNBCEgypt's pound hit a record low against the dollar on Wednesday after its central bank hiked interest rates by 600 points and devalued the currency.The steps were meant to facilitate an agreement with the…

People work at a restaurant at Chelsea Market in Manhattan on February 02, 2024 in New York City. Spencer Platt | Getty ImagesPrivate sector job growth improved during February though growth was slightly less than expected, payrolls…

Abercrombie & Fitch said Wednesday that its holiday-quarter sales jumped 21% and its profits grew thanks to higher prices and lower raw material costs.The apparel retailer expects its growth story will continue as it issued…

The Foot Locker logo is displayed in a store on May 19, 2023 in San Francisco, California. Justin Sullivan | Getty ImagesShares of Foot Locker fell in premarket trading Wednesday after the sneaker retailer reported a holiday-quarter loss…

Shoppers exit the Nordstrom at the Westfield Topanga mall in Los Angeles on Aug. 14, 2023.Christina House | Los Angeles Times | Getty ImagesNordstrom's holiday-quarter sales topped Wall Street's expectations on Tuesday, but the retailer…

George Kurtz, co-founder and chief executive officer of Crowdstrike Holdings Inc., during a Bloomberg Technology television interview at the RSA Conference in San Francisco, California, US, on Wednesday, April 26, 2023.David Paul Morris |…

Shares of Amer Sports, the maker of Wilson tennis rackets and Lousiville Slugger baseball bats, fell about 10% on Tuesday after the company reported strong sales in China but a slowdown in wholesale orders.Here's how the newly public…

MariBank, Singapore tech giant Sea Group's digital bank, has launched in Singapore to select members of the public as it rolls out its services progressively.Rafael Henrique | Sopa Images | Lightrocket | Getty ImagesSoutheast Asian tech…

The Target logo is seen on its store on 42nd Street in Times Square, New York City.Deb Cohn-Orbach | UCG | Universal Images Group | Getty ImagesTarget will report its holiday-quarter results and year-ahead outlook on Tuesday.Here's what…

The Maslak financial and business center in the Sariyer district of Istanbul.Ayhan Altun | Moment | Getty ImagesTurkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, coming in…

British Finance Minister Jeremy Hunt said earlier this month the U.K. would not enter a recession this year.Hannah Mckay | ReutersLONDON — Economists expect U.K. Finance Minister Jeremy Hunt to use a small fiscal windfall to deliver a…

Matthew Busch | Bloomberg | Getty ImagesShares of Dell Technologies popped more than 15% during extended trading Thursday after the company released fourth-quarter results that beat analysts' estimates and showed strong demand for its…

A salesman preparing a bag of sweets for a customer in the Sicilian confectionery shop Mazzone on February 02, 2024 in Catania, Italy. Fabrizio Villa | Getty Images News | Getty ImagesInflation in the 20-nation euro zone eased to 2.6% in…

Supply chain disruptions are causing a production backlog at the world's largest truckmaker, Daimler Trucks.Bloomberg | Getty ImagesShares of Daimler Truck hit a fresh all-time high Friday, spiking more than 13.5% in early deals, after…

Inflation rose in line with expectations in January, according to an important gauge the Federal Reserve uses as it deliberates cutting interest rates.The personal consumption expenditures price index excluding food and energy costs…

Bud Light, made by Anheuser-Busch.Joe Raedle | Getty ImagesHiking beer prices led Budweiser owner Anheuser-Busch InBev to profit and revenue growth last year, even U.S. sales of staple brand Bud Light were curbed by boycott action.The…