Zara parent Inditex said sales grew at a steady pace in the first half, as shoppers bought more clothes and the company held off on big price increases.
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Financial Times - World
For the Fed, the destination matters much more than the pace
Investors have no choice but to guess at the neutral rate1 hour ago -
Financial Times - World
Starmer initially failed to disclose free clothes from Labour donor
The then leader of the opposition did not originally specify the nature of the donation from Lord Waheed Alli3 hours ago -
CNBC - Business
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
The Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.7 hours ago - Federal Reserve -
CNBC - Business
Lunar company Intuitive Machines' stock jumps more than 40% after NASA moon satellite contract
NASA said the company was the sole awardee for a "lunar relay systems" contract, which has a maximum total value of $4.82 billion over five years.10 hours ago -
Los Angeles Times - Entertainment
'SNL' announces first Season 50 hosts, musical guests: Jean Smart, Chappell Roan, more
'Saturday Night Live' announced the hosts and musical guests for the first five episodes of its landmark 50th season on Wednesday.10 hours ago -
BBC News - Top stories
US interest rates cut by 0.5% in first drop in four years
The Federal Reserve has cut its key lending rate by 0.5 percentage points - a larger cut than expected.10 hours ago -
The New York Times - World
Walkie-Talkies in Lebanon May Have Held More Explosives Than Pagers
The blasts on Wednesday involved bigger, heavier devices that set off more large fires.10 hours ago -
The Hill - Politics
Big Lots: 47 more stores across 19 states to close; total closures surpass 300
With these new additions, there are now more than 300 Big Lots stores slated for closure.12 hours ago -
NBC News - Top stories
Fed goes big with interest rate cut in a bid to head off an economic slowdown
The Federal Reserve said Wednesday it was lowering its interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.13 hours ago - Federal Reserve -
Inc. - Business
This Company Is Giving Office Water Coolers a High-Tech Makeover. Hybrid Workers Are Big Fans
Bevi's sustainable water dispensers have seen less use post-pandemic--yet the company is hitting new revenue highs, thanks to hybrid employees' enthusiasm.14 hours ago -
MarketWatch - Business
New-home construction posts biggest increase in 6 months
Construction on new U.S. homes rose 9.6% in August, the Commerce Department said Wednesday.18 hours ago -
BBC News - Top stories
Inflation holds steady despite jump in air fares
Lower fuel prices helped offset the higher cost of flying in the year to August.20 hours ago -
Inc. - Business
Considering a Big Career Change? Michelle Obama Said 16 Words You Need to Hear
Science shows we are often too reluctant to make big changes. This Michelle Obama quote is the antidote to hesitation.23 hours ago -
Financial Times - Business
UK inflation holds steady at 2.2% in August
Figures come ahead of Bank of England interest rate decision on Thursday23 hours ago - United Kingdom -
CNBC - Business
UK inflation holds steady in August, matching expectations
U.K. inflation came in at 2.2% for the month of August, data from the Office for National Statistics showed Wednesday.Yesterday - United Kingdom -
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ABC News - Tech
Trump will soon be able to sell shares in Truth Social's parent company. What's at stake?
Donald Trump should have the opportunity starting Thursday to sell his shares in Trump Media & Technology Group, the company behind the Truth Social platformYesterday - Donald Trump -
MarketWatch - Business
Oil prices end higher after exploding-pagers attack on Hezbollah members in Lebanon
Oil futures finished higher Tuesday, appearing to get a lift after pagers carried by Hezbollah operatives in Lebanon exploded around the same time in an apparent attack — raising fears of a broader ...Yesterday -
CNBC - Business
Here are the fundamental and the technical reasons that Microsoft stock can be bought
The timing of two positive Microsoft developments ahead of Wednesday's Federal Reserve interest rate cut is welcome.Yesterday -
MarketWatch - Business
2-, 10-year Treasury yields bounce off 2024 lows after August retail-sales data
Treasury yields rose slightly on Tuesday, but remained not far from their lowest closing levels in one or two years, after August’s retail-sales report pointed to a U.S. economy that remains stable.Yesterday -
The New York Times - Business
Air Mail, Digital Weekly for the Smart Set, Is Said to Be Exploring a Sale
The company, founded in 2019, is known for its weekend newsletter of deeply reported features, travel recommendations and shopping tips.Yesterday -
CBS Sports - Sports
NFL kickers off to historic start that's turning the league upside down through the first two weeks
Is 2024 the year of the kicker?Yesterday - NFL -
CNBC - Business
FanDuel parent Flutter looks for international growth with big acquisitions in Italy, Brazil
Flutter is making acquisitions in Italy and Brazil as the British parent company of FanDuel looks to international markets for growth.Yesterday -
CBS News - Top stories
Many first-time home buyers locked out of market by competition and high prices
Many prospective first-time home buyers feel like they're at a disadvantage as they face high interest rates and competition from a spiking number of all-cash offers. CBS News correspondent Nancy ...Yesterday -
MarketWatch - Business
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.Yesterday - Federal Reserve -
BBC News - Top stories
Instagram teen accounts and posts to be made private by default
Meta says parents will be able to "guide" a safer experience - critics say the firm itself should do more.Yesterday -
NBC News - Top stories
Instagram to roll out 'teen accounts' with increased privacy — its biggest move yet to protect minors
Teenagers on Instagram will soon be automatically placed in a new type of account with built-in privacy restrictions that give parents more control.Yesterday -
The Guardian - World
Guardian parent company in talks over potential sale of Observer
Guardian Media Group announces it is in negotiations with Tortoise Media over world’s oldest Sunday newspaper. The Guardian’s parent company has announced that it is in formal negotiations with ...Yesterday -
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Financial Times - Business
Pret A Manger’s global sales surge above £1bn
UK sandwich chain expands in aggressive international sales driveYesterday -
CNBC - Business
E.l.f. Beauty CEO says low prices have helped company thrive as cosmetics industry slows
E.l.f. Beauty CEO Tarang Amin told CNBC's Jim Cramer on Monday the budget-conscious nature of the products has helped the company perform well.2 days ago -
The Guardian - World
Aston Villa fans’ lame resistance to ticket price greed lets hierarchy off the hook | Barry Glendenning
Unaware of the power they wield, football supporters remain reluctant to stage visible acts of dissent against clubs that routinely exploit them. If the powers that be at Aston Villa were remotely ...2 days ago -
The New York Times - Lifestyle
Fashion Company Clare V. and Home Goods Company Schoolhouse Mark Their First Collaboration
Bold colors and bright patterns mark the first collaboration between the fashion house Clare V. and the home goods company Schoolhouse.2 days ago