With home sales slowing and mortgage rates rising, home sellers are starting to worry that the red-hot housing market is over.
Continue readingCategory Archives: Uncategorized
Macy’s stock surges as company raises 2022 profit outlook despite uncertain retail landscape
Macy’s reaffirmed its fiscal 2022 sales outlook and raised its profit guidance, expecting stronger credit card revenue for the remainder of the year.
Continue readingCarl Icahn loses proxy fight with McDonald’s over animal welfare
Activist investor Carl Icahn lost his proxy fight with McDonald’s on Thursday, signaling that shareholders weren’t swayed by his animal-welfare concerns.
Continue readingHow to protect yourself against monkeypox and what to do if you catch it
A recent monkeypox outbreak across the U.S., Europe, Australia and the Middle East has baffled health experts and is raising concerns of a wider outbreak.
Continue readingNew Airbus facility to research cryogenic fuel systems for next-gen hydrogen planes
Hydrogen has a diverse range of applications and can be deployed in a wide range of industries.
Continue readingIndia wants to be the ‘pharmacy of the world.’ But first, it must wean itself from China
Already the world’s third-largest manufacturer of medicines by volume, India has one of the lowest manufacturing costs globally.
Continue readingMonkeypox has spread to more than 20 countries, but the outbreaks are containable, WHO says
About 200 confirmed cases and more than 100 suspected cases of monkeypox have been detected outside of countries where it usually circulates.
Continue readingRep. Joaquin Castro asks FBI to investigate police response timeline in Texas school shooting as controversy grows
The police version of what happened during the shooting at the elementary school in Uvalde, Texas, has changed since Tuesday.
Continue readingGap shares fall 13% after retailer slashes profit guidance for the year
The lower-income consumer, which is Old Navy’s target customer, is starting to feel pinched by inflation, Chief Executive Officer Sonia Syngal told CNBC.
Continue readingDollar General & Dollar Tree
Dollar Tree and Dollar General boosted their outlook for the year, noting that shoppers squeezed by inflation will seek cheaper prices.
Continue reading