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Finance
Here’s the inflation breakdown for July 2024 — in one chart
d3sign | Moment | Getty ImagesInflation continued to retreat in July, aided by easing price pressures for consumer staples like food and energy and physical goods like new and used…
Mars to boost snack portfolio with nearly $30 billion deal for Pringles-maker Kellanova
Packages of Pringles potato chips are displayed on a shelf at a market on April 5, 2011 in San Francisco, California. Diamond Foods Inc. has agreed to purchase Pringles chip…
Stocks making the biggest moves premarket: Kellanova, Alphabet, Flutter and more
Check out the companies making headlines in premarket trading. Kellanova — Shares rose more than 6% in the premarket after the foodmaker agreed to be acquired by snackmaker Mars…
Mortgage refinancing surges 35% in one week, as interest rates hit lowest level in over a year
New houses are seen for sale at Woodland Village, built by Lifestyle Homes housing developer, in Cold Springs, Nevada.Andri Tambunan | AFP | Getty ImagesIt appears to have taken a…
UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible
Sergio Ermotti, chief executive officer of UBS GroupStefan Wermuth | Bloomberg | Getty ImagesZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti said Wednesday that market volatility…
Chinese tech giant Tencent’s quarterly profit jumps 82% as key gaming unit accelerates
Tencent showed off its tech at the 2023 World Artificial Intelligence Conference in Shanghai, July 8, 2023.Nurphoto | Nurphoto | Getty ImagesTencent beat second-quarter top and…
UK inflation rose to 2.2% in July, after two months at the Bank of England’s 2% target
Shoppers walk along the high street in Rochester, UK, on Tuesday, July 16, 2024.Chris Ratcliffe | Bloomberg | Getty ImagesU.K. inflation rose to 2.2% in July, coming in slightly…
UBS posts $1.14 billion profit in second quarter, smashing expectations
General view of the UBS building in Manhattan, New York City, on June 5, 2023.Eduardo Munoz Alvarez | View Press | Corbis News | Getty ImagesSwiss banking giant UBS on Wednesday…
Reserve Bank of New Zealand cuts cash rate by 25 basis points
A security guard stands in the main entrance to the Reserve Bank of New Zealand located in central Wellington, New Zealand, July 3, 2017.David Gray | ReutersThe Reserve Bank of New…
Stock market today: Live updates
Stock futures were mostly flat on Tuesday evening as Wall Street looks to keep a strong start to the week going with a key inflation report on deck.Futures tied to the Dow Jones…