Consumer and producer prices data from the UK is the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is set to publish UK consumer and producer prices for August. Economists forecast inflation to rise to 7.0 percent from 6.8 percent in July. Output prices […]

Stocks moved mostly lower early in the session on Tuesday and are seeing continued weakness in afternoon trading. The major averages have all moved to the downside on the day, more than offsetting the slim gains posted on Monday. Currently, the major averages are off their worst levels of the day but still firmly in negative. The Dow is down […]

After coming under pressure early in the session, stocks regained some ground over the course of the trading day on Tuesday but still closed modestly lower. The major averages all finished the day in the red, with the tech-heavy Nasdaq falling to its lowest closing level in almost a month. The major averages remained stuck in negative territory going into […]

Target is offering a full week of savings during Target Circle Week, which will be running from October 1 to 7. Ahead of the upcoming holiday shopping season, the retailer also plans to hire nearly 100,000 seasonal team members. Also starting October 1, Deal of the Day program returns with deep daily discounts exclusively for Target Circle members. The retailer […]

Under the terms of the United States Constitution, congress is the only branch of government with the power to declare war – a power it has not exercised since 1941, the year the United States entered World War II. Still, the U.S. has engaged directly in large-scale military conflicts around the globe in the decades since. Without congressional approval, American […]

President Joe Biden praised the tentative agreement to end the Writers Guild of America strike, saying that it showed that workers “deserve a fair share of the value their labor helped create.” In a statement on Monday, Biden said: “I applaud the Writers Guild of America and the Alliance of Motion Picture and Television Producers for reaching a tentative agreement […]

Lost in all the excitement about the launch of the iPhone 15 with a price tag that can rise above $1,000 is the fact that wireless carriers and Apple still have inventories of iPhone 14s. The price deals on the iPhone 14s with the fewest features can be ridiculously low. (These iconic gadgets have shape our lives since the 1950s.) […]

Irregular rainfall and a pick-up in commodity costs are expected to weigh on the demand and margins of fast-moving consumer goods (FMCG) companies. Most companies reported a sharp expansion in gross margins in the April-June quarter (first quarter, or Q1) of 2023-24 (FY24), given the lower prices of key raw materials and earlier price hikes. Furthermore, there were expectations that […]

Now that a tentative agreement has been reached to end the Writers Guild’s strike, SAG-AFTRA, of course, is next, with IATSE waiting in the wings. When the Directors Guild reached its own deal for a new contract without a strike back on June 3, the WGA, which had already been on strike since May 2, insisted that it wouldn’t accept […]

SAG-AFTRA, which has been walking with the writers since day one of the WGA strike, was quick to congratulate the guild Sunday after reaching a tentative agreement on a deal. The union said tonight that it remains on strike and in a statement urged the AMPTP to get back to the table with the actors to “achieve the necessary terms” […]