U.S. consumer confidence holds at higher levels despite coronavirus
U.S. consumer confidence edged up in February, suggesting a steady pace of consumer spending that could support the economy despite growing fears over the fast-spreading...
Wall Street deepens losses with virus spread in focus
Wall Street added to losses on Tuesday with its three major stock indexes falling 1%, after officials said the coronavirus was “a rapidly escalating epidemic,”...
Macy’s results beat forecasts on holiday sales lift
Department store chain Macy’s Inc on Tuesday reported a small drop in sales and profit that topped analysts’ expectations with the help of an uptick...
Eight men in frame to run Norway wealth fund, including deputy CEO
Eight candidates have applied to head Norway’s sovereign wealth fund, the country’s central bank said on Tuesday, as its board prepares to decide who should...
Wall Street edges higher a day after sharp sell-off
U.S. stock indexes ticked slightly higher on Tuesday as investors dipped their toes in the water a day after worries about the worldwide spread of...
U.S. consumer confidence nudges up in February
U.S. consumer confidence edged up in February, suggesting a steady pace of consumer spending that could support the economy despite growing fears over the impact...
Disney to serve Impossible Foods burgers at parks, resorts
Walt Disney Co’s theme parks, resorts and cruise line will serve Impossible Foods’ plant-based meat burgers, the companies said on Tuesday, a new win for...
U.S. labor board limits companies’ liability for franchisee labor-law violations
A U.S. labor board on Tuesday finalized a rule that will make it more difficult to hold companies liable for unlawful labor practices by franchisees...
Macy’s quarterly profit, sales beat estimates on holiday lift
Department store chain Macy’s Inc on Tuesday reported a small drop in sales and profit that topped analysts’ expectations with the help of an uptick...
Housing market strength underpins Home Depot’s holiday-quarter results
Home Depot Inc benefited from a solid U.S. housing market and higher job growth that led consumers to spend more at its stores in the...