Macy’s Inc. said earnings will be weaker than previously expected for the full-year, underscoring the uncertainty around US consumer spending through the remainder of 2023.
The effort comes as the oil and gas industry is looking at carbon capture as a way to paint itself as part of the solution to climate change.
Crypto fans are now paying a price for Bitcoin’s weakened correlation with technology stocks.
Bangladesh proposed raising taxes and boosting spending in its annual budget Thursday in a test of Prime Minister Sheikh Hasina’s prudent policymaking over populism ahead of elections due next year.
The rapid rally in tech stocks benefiting from artificial intelligence has stalled as Nvidia Corp. slipped after surging over 30% in three days and as a disappointing outlook from C3.ai Inc. sparked a selloff in its shares.
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