Tag: business news
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Abercrombie & Fitch begins selling third-party shoe brands in latest bid to chase growth
Abercrombie & Fitch’s explosive growth has slowed, leading the apparel retailer to expand into new categories to boost sales
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Mortgage rates are now falling but demand is still weaker
A mixed week for mortgage rates resulted in less demand from both current homeowners and potential homebuyers.
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Micron has more than tripled in 2026. Deutsche Bank says the rally isn’t over
Micron Technology is poised to see even more upside as a memory shortage continues to be a boon for its business, per Deutsche Bank.
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CNBC to simulcast 11 WNBA games this season
The simulcasts will expose the WNBA to an affluent audience on CNBC and marks a new chapter for the business news network after it spun out from Comcast.
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China securities regulator warns against speculating on ‘tech hype’ and using AI for stock picking
China’s top securities regulator warned that authorities will crack down on market behavior that rides the coattails of technology themes to hype stock prices.
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Central banks are bringing gold reserves home as geopolitical risks rise
Central banks expect gold reserves to rise and more are storing bullion at home amid geopolitical and currency risks.
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Ineos and Damler Truck enlist in auto defense push as Europe bolsters military spending
The partnership is one of a spate of auto-defense collaborations announced in recent weeks.
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AI credit markets at risk of ‘violent’ correction and investors must stay clear-eyed, Man Group says
AI credit markets are at risk of a ‘violent’ correction and investors must stay clear-eyed to do well, Man Group says
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UK inflation holds steady at 2.8% in May
The Bank of England is due to update its monetary policy on Thursday.
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The City of London’s vanishing analysts
The annual Extel survey shines a light on the fortunes of equity analysts covering the U.K. stock market.
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