Jul 14, 2023 | Business, Economy
By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase beat Wall Street estimates for the second-quarter with record profit even as its chief Jamie Dimon cautioned about unprecedented economic risks. The largest U.S. lender’s profit climbed as it earned more...
Jul 14, 2023 | Business, Canada, Economy
(Reuters) – Pot producer Canopy Growth has signed agreements with lenders to reduce its debt by C$437 million ($333.36 million) over the next six months, weeks after the Canadian firm raised doubts about its ability to continue as a going concern. The agreements...
Jul 13, 2023 | Business, Economy
A significant player with considerable resources has recently taken a bullish position on Shell (NYSE:SHEL), which is crucial information for retail traders. The emergence of this sizable investment in publicly available options history raises intrigue, often...
Jul 13, 2023 | Business, Economy, US
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said Thursday he’s not ready to call an all clear on U.S. inflation and favors more rate rises this year, saying the upcoming July meeting should bring an increase. “The robust...
Jul 13, 2023 | Business, Economy, Technology, Top News, US
By Granth Vanaik (Reuters) -U.S. online sales during Amazon.com’s Prime Day shopping event rose 6.1% to $12.7 billion from last year, as inflation-hit Americans hunted for discounts on the e-commerce platform, Adobe Analytics data on Thursday showed. Shoppers...
Jul 13, 2023 | Business, Economy, Technology, US
By Ananya Mariam Rajesh, Granth Vanaik and Arriana McLymore (Reuters) -Amazon.com’s Prime Day two-day shopping event saw U.S. online sales rise nearly 6% to $6.4 billion from a year ago on its first day, as heavy discounts lured bargain-hunting customers who...
