Tag Archives: inflation

[ad_1] Club holding TJX Companies (TJX) reported stronger-than-expected fiscal third-quarter 2023 earnings and U.S. sales before the opening bell Wednesday, boosting shares of the off-price retailer by nearly 4% to an all-time high. The inventory glut at full-price chains played out as we had expected, proving to be a boon …

[ad_1] Economists are predicting that soaring interest rates and falling prices will mark the end of the U.K.’s 13-year housing market boom, potentially leading to a house price crash. Matt Cardy | Getty Images News | Getty Images LONDON — The U.K. property market may be verging on a major …

[ad_1] MStudioImages | E+ | Getty Images If you’re one of the masses of new Series I bond owners, there are a few things to weigh before cashing in your assets, experts say.   Investors purchased nearly $7 billion in I bonds in October, according to the U.S. Department of the …

[ad_1] Chicago O’Hare International Airport. Nov. 9, 2022 Leslie Josephs | CNBC Consumers have booked fewer flights for Thanksgiving week than they did three years ago, before the Covid pandemic, according to Adobe data released Thursday. Domestic bookings are down 7% from the same point in 2019, but high fares …

[ad_1] New York CNN Business  —  Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the most significant job cuts in the tech giant’s history. The job cuts come as Meta confronts a range of challenges to its core business and makes an uncertain and …

[ad_1] CNN  —  Democrats will pick up a GOP-held Senate seat in Pennsylvania in a huge boost to their hopes of clinging to the chamber, while the red wave that Republicans hoped for has yet to materialize in the House. Democratic nominee John Fetterman’s victory over Republican Mehmet Oz means …

[ad_1] CNN  —  Read below for analysis of CNN’s preliminary 2022 national exit polls. More than three-quarters of Ohio voters said the nation’s economy was “poor” or “not so good,” according to the preliminary results of the Ohio Exit Poll conducted for CNN and other news networks by Edison Research. …

[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business  —  Tuesday’s midterm elections come at a time …

[ad_1] Inflation is weighing heavily on the holidays this year. Roughly half of shoppers will buy fewer things due to higher prices, and more than one-third said they will rely on coupons to cut down on the cost, according to a recent survey of more than 1,000 adults by RetailMeNot. …

[ad_1] CNN  —  Democrats close their midterm election campaign Monday facing the nightmare scenario they always feared – with Republicans staging a gleeful referendum on Joe Biden’s struggling presidency and failure to tame inflation. Hopes that Democrats could use the Supreme Court’s overturning of the right to an abortion and …