Posts published in “Business”

The report, which has easily exceeded analyst expectations, may provide additional support to U.S. dollar...

Eurostat estimates reveal a 0.2% decline in the euro area’s retail volume for July 2023, better than June but worse than forecast...

German factory orders reversed the unexpected surge in June. The latest report reflected weak demand across most economic sectors...

The Eurozone services sector, led by declines in France and Germany, contracted for the first time since December 2022...

WARSAW, Poland (AP) — Poland's central bank lowered its key interest rate by 75 basis points on Wednesday despite the country's double-digit inflation rate. The move prompted concerns by economists that the central bank was providing an economic stimulus to help the governing party ahead of parliamentary elections…Read more...

Roku is cutting about 10% of its workforce, or 360 people, and it will limit new hiring as it cuts costs to stem a series of quarterly losses. Read more...

NEW YORK (AP) — Stocks are opening lower on Wall Street, continuing a weak stretch on this holiday-shortened week. The S&P 500 slipped 0.4% in the early going Wednesday. The Dow fell 131 points, or 0.4%, and the Nasdaq composite gave back 0.4%. Crude oil prices were stable and Treasury yields were little changed...

JAKARTA, Indonesia (AP) — Chinese Premier Li Qiang took a test ride Wednesday on Southeast Asia’s first high-speed railway, which connects two Indonesian cities as part of China’s Belt and Road infrastructure initiative.Read more...

KODIAK, Alaska (AP) — Gabriel Prout worked four seasons on his father's crab boat, the Silver Spray, before joining his two brothers in 2020 to buy a half-interest plus access rights for a snow crab fishery that's typically the largest and richest in the Bering Sea...

It's the most efficient DVD ripper for Macs...