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UPS misses quarterly estimates on high labor costs, weak small-package demand

Gargi Chaudhuri, Chief Investment and Portfolio Strategist at BlackRock, discusses the value rally and earnings growth potential of small-cap stocks on “The Craman Countdown.” United Parcel Service Inc. on Tuesday reported second-quarter profit that fell short of Wall Street expectations, due to weak demand for package deliveries and higher costs caused by the Teamsters labor […]

China's Surging Commodity Exports Suggest Weak Domestic Demand – OilPrice.com

China’s exports of copper, diesel and alumina surged in June compared with the same month in 2023, with copper exports surging to a record high as sluggish domestic demand due to weaker-than-expected economic growth weighs on Chinese consumption of goods. China’s copper exports surged 187% last month to a record high, official Chinese data showed. […]

The US can’t be weak on the battlefield of information warfare  

The most active battlefield of the 21st century is not Gaza or Ukraine, but the war over information. America’s adversaries, such as Russia and Iran, have used the West’s free flow of information against the United States by exploiting political divisions and boosting extremists. Left and right And they are spreading disinformation while at the […]

Euro slips on French gridlock; dollar weak after payrolls surprise – Yahoo Finance

Kevin Buckland and Amanda Cooper TOKYO/LONDON (Reuters) – The euro recovered overnight losses to stabilize on Thursday, while the dollar weakened, after France’s general election showed signs of a divided government. The dollar continued to trend lower after Friday’s unexpectedly weak U.S. employment data strengthened expectations that the Federal Reserve will soon start cutting interest […]

Threat Level on US Military Bases Raised After Biden’s Weak Debate Showing

Following President Joe Biden’s weak performance in a debate with former President Donald Trump, the commander of U.S. forces in Europe increased the level of protection for U.S. bases and troops. Assistant Pentagon spokesperson Sabrina Singh Said This is because it is “a combination of factors and not related to any single threat.” “This was […]