High Commodity Costs Hurt Rate Cut Prospects, World Bank Says
The decline in global commodity prices is stabilizing at levels that are still inflated, which could keep central banks from cutting interest rates quickly, the World Bank said.
The decline in global commodity prices is stabilizing at levels that are still inflated, which could keep central banks from cutting interest rates quickly, the World Bank said.
In a conference room of the run-down headquarters of Brazilian retailer Americanas SA, Camille Loyo Faria agrees that the office has seen better days.
Loar Holdings Inc. shares climbed as much as 72% in its trading debut after the firm raised $308 million in an initial public offering that priced above a marketed range.
Comcast Corp. shares fell more than 7% Thursday after the cable-TV giant reported a steeper-than-expected loss of internet subscribers.
Southwest Airlines Co. is slowing growth, ending service at four airports and offering voluntary leaves to address “significant challenges” stemming in part from reduced deliveries of Boeing Co. planes.
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