Uk Economy Holds
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On Holding more than doubles profit
On Holding, the Swiss apparel maker backed by tennis legend Roger Federer, said its first-quarter profit more than doubled on strong direct-to-consumer sales.MarketWatch - Business -
What do Biden's new China tariffs mean for the economy?
The White House announced new tariffs on Chinese imports Tuesday as part of an effort to protect U.S. businesses. William Reinsch, senior adviser at the Center for Strategic and International Studies, joins CBS News to assess the policy changes.CBS News - Top stories - China -
Intensifying war increasing threat to Ukraine economy, EBRD warns
European Bank for Reconstruction and Development cuts growth forecasts for regions it operates in, saying war ‘casting long shadow’ . Ukraine’s war-torn economy faces a renewed threat as Russia’s intensifying war takes its toll on power plants and ...The Guardian - World - Ukraine -
Inside the key Senate races holding primaries Tuesday
Voters are headed to the polls Tuesday for contentious U.S. Senate primary races in West Virginia and Maryland. CBS News political reporter Hunter Woodall has more.CBS News - Top stories -
Christie’s Holds Major Art Auctions Despite Cyberattack
Although a cyberattack hobbled its website, the auction house held two major sales, totaling $115 million, on Tuesday night. One expert praised the evening’s “really respectable sales in a difficult environment.”The New York Times - Top stories -
Cramer's gig economy roundup: Where he stands on Uber, Lyft, DoorDash and Instacart
CNBC's Jim Cramer on Monday gave investors his take on four major stocks in the gig economy sector.CNBC - Business -
These stocks could see ‘immense’ profits as Canada’s economy sinks, says veteran trader
Veteran trader Kevin Muir is really bearish on Canada, and offers a couple ways for investors to play that.MarketWatch - Business -
Mester Says Fed in 'Really Good Place' to Study Economy Before Charting Rate Path
The Cleveland Fed president said she wasn’t eager to consider interest-rate hikes.The Wall Street Journal - World - Federal Reserve -
China's economy reveals pockets of softness. Here's what to watch ahead of Friday's data
As China's economy moves into the second quarter of the year, a few indicators are raising expectations for monetary policy easing.CNBC - Business - China -
China's Central Bank Holds Key Policy Rates Steady
The People’s Bank of China held key policy rates steady, a move that could preface a hold on benchmark lending rates later this month.The Wall Street Journal - World - China -
Hold my beer…6 emerging cities in the craft brew scene
Why not get off the beaten brewery path and try something new? Many places across the country are emerging as bona fide craft beer hot spots.MarketWatch - Business -
Is it worth it to own Treasurys right now? These 5 charts might hold the answer.
Whether or not it makes sense to own Treasurys right now has become one of Wall Street’s favorite debates.MarketWatch - Business -
How fast are prices rising in the UK?
The rate at which prices are rising has dropped from record highs, but remains above the 2% target.BBC News - Top stories -
China and US envoys will hold the first top-level dialogue on artificial intelligence in Geneva
High-level envoys from the United States and China are set to meet in Geneva for talks about artificial intelligenceABC News - Tech - China -
US company Booking Holdings added to European Union's list for strict digital scrutiny
Booking Holdings, the U.S. company that owns BookingABC News - Tech -
Bud Light boycott may be losing steam as beer brand holds on to more store shelf space than expected: analyst
Bud Light will continue losing shelf space this summer in the wake of last year’s boycott of the brand, which stemmed from a promotion featuring transgender influencer Dylan Mulvaney, but it won’t lose as much as expected, according to one analyst.MarketWatch - Business -
Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period.NBC News - Top stories - Federal Reserve -
Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady
Speaking to the Foreign Bankers' Association, the central bank leader noted that the rapid disinflation that happened in 2023 has slowed considerably this year.CNBC - Business - Federal Reserve -
Nato calls Georgia’s ‘foreign agents’ bill ‘step in wrong direction’ after mass protests in Tbilisi – Europe live
Nato says controversial bill takes Georgia further away from Europe and urges country to change direction and accept peaceful protest. Georgia ‘returning to the past’ with foreign agents law, says presidentSalome Zourabichvili, Georgia’s ...The Guardian - World -
UK orders six new warships for Royal Marines
Grant Shapps says new force will help Britain to ‘fight the battles of the future’Financial Times - World - United Kingdom -
Chinese ambassador summoned after three face spying charges
A Foreign Office spokesperson says recent behaviour by China against the UK is "not acceptable".BBC News - Top stories