Browsing: Economy

FRANKFURT (Reuters) – Germany’s Commerzbank (ETR:) said on Friday that it would book another provision of 342 million euros ($372.27 million) following a court ruling on…

What we’re seeing in Russia this weekend appears to be the most direct challenge to the near quarter-century rule of Vladimir Putin. It is the direct…

By Caroline Valetkevitch NEW YORK (Reuters) – Forecasts for second-quarter U.S. earnings still look gloomy after a much-better-than-feared first quarter season as the likelihood of further…

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose against the euro on Friday after dismal business activity data from around the globe soured risk…

““Over the coming hours, the loyalty of Russia’s security forces, and especially the Russian National Guard, will be key to how the crisis plays out. This…

PARIS (Reuters) – Luxury brands focused on wealthier consumers in the United States are performing better than those who appeal to aspirational shoppers on lower incomes…

Fears of a U.S. recession fears rose in a big way this week, in part because of how resilient the economy seems at the moment. Welcome…

By Blake Brittain (Reuters) – A Manhattan federal judge on Friday granted Hermes’ request to permanently block artist Mason Rothschild’s sales of “MetaBirkin” non-fungible tokens following…

By Lewis Krauskopf NEW YORK (Reuters) – Some Wall Street banks are sounding caution on the U.S. stock rally, warning that stretched valuations have made equities…

DUBLIN (Reuters) – European Central Bank governing council member Gabriel Makhlouf said on Saturday that while some colleagues already feel further interest rate rises will be…