Gold Price Forecast: XAU/USD holds steady above $2,450 on positive Retail Sales data – FXStreet
Gold prices were trading flat around $2,455 in early Asian trading on Friday. US retail sales rose 1.0% month-on-month in July, beating expectations. Initial jobless claims fell 7,000 from the previous week to 227,000. Rising geopolitical risks in the Middle East could limit gold’s declines. Gold prices (XAU/USD) were trading sideways around $2,455 in early […]
US stocks rally as strong retail sales raise hopes of ‘soft landing’ – Financial Times
Positive US retail sales data and strong performance from Walmart lifted markets and boosted confidence that the US economy will avoid a recession and achieve a “soft landing”. The new optimism spurred a rally on Wall Street, with the S&P 500 closing up 1.6%, enough to erase the index’s entire August decline. The tech-heavy Nasdaq […]
Victoria’s Secret taps Rihanna’s lingerie CEO amid declining sales
Victoria’s Secret has brought in the CEO of Rihanna’s rival brand Savage x Fenty to help turn around the struggling lingerie maker, the company said Wednesday. Hilary Super, 52, replaces veteran Martin Waters, who stepped down from his roles as director and CEO with immediate effect. Hilary Super becomes the lingerie brand’s third CEO in […]
Gold Price Forecast: XAU/USD trades with mild gains near $2,450, eyes on US Retail Sales – FXStreet
Gold prices were slightly higher around $2,450 in early Asian trading on Thursday. US CPI inflation rose as expected in July. Any signs of escalating geopolitical tensions could rally safe-haven assets such as gold. Gold prices (XAU/USD) snapped a two-day slide early Thursday in Asian trading, rising to near $2,450. A weakening US Dollar (USD) […]
Subway calls ’emergency’ meeting with franchisees as sales plummet: sources
Subway has called a surprise meeting with franchisees of its 19,000 sandwich shops across North America, amid a backlog of declining sales and profits, The Washington Post has learned. Fast food giant It was sold in April to Roark Capital, owner of Dunkin’ Donuts, Arby’s and Cheesecake Factory, for $9 billion. — told franchisees it […]
Joe Biden Reverses Three-Year Ban on Weapons Sales to Saudi Arabia
The State Department announced Saturday that it was lifting a ban on sales of certain weapons to Saudi Arabia for three years, allowing about $750 million worth of bombs to be sold to the kingdom in the coming months. “The deliveries include 3,000 small diameter bombs and 7,500 Paveway IV bombs, which had been on […]
US approves $20 billion in weapons sales to Israel as Middle East tensions near boiling point
As the trend of escalating wars in the Middle East continues, the State Department has announced it has approved $20 billion in arms sales to Israel. The Pentagon said in a statement that the advance includes a variety of weapons, including fighter jets and equipment worth about $19 billion, tank ammunition worth $774 million, more […]
Biden Approves Lethal Aid Package For Ukraine, Weapon Sales To Saudi Arabia
In this photo distributed by the Press Office of the President of Ukraine, U.S. President Joe Biden meets with Ukrainian President Volodymyr Zelensky at the Ukrainian Presidential Palace in Kyiv, Ukraine, on February 20, 2023. (Photo by Press Office of the President of Ukraine via Getty Images) OAN Staff Jacob MillerSaturday, August 10, 2024 10:28 […]
Guide to Massachusetts' sales tax holiday this weekend, Aug. 10-11, 2024 – WCVB Boston
A guide to Massachusetts sales tax exemptions this weekend, August 10-11, 2024 Updated: August 9, 2024, 9:20 PM EDT Things you need to know to save money. Sales Tax Weekend. Think big, but not too big. You can’t save on taxes on cars or anything over $2,500. But what about that expensive piece of jewelry […]
Burger King sales slump as customers pull back on fast food spending amid inflation
Burger King Inc.’s sales fell last quarter despite touting discounts on its menu as inflation-weary customers continued to avoid eating out, parent company Restaurant Brands Inc. said Thursday. The Toronto-based conglomerate, which also owns brands such as Tim Hortons, Papa John’s and Popeyes, said same-store sales at the Whopper maker fell 0.1 per cent and […]