The operator of outdoor apparel brand Eddie Bauer filed for Chapter 11 bankruptcy protection on Monday, becoming another mid-market retailer to fall prey to the adverse impact of shifting consumer …
Business
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Business
Commodity wrap: bullion falls ahead of key data; oil up on supply disruptions fear
by adminby adminGold and silver prices were in the red on Tuesday as investors remained on the edge before the release of a string of key US economic data. Over the past …
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Gold prices reclaimed the $5,000 per ounce mark on Monday as the dollar slipped against a basket of major currencies. Silver prices also surged more than 6% to trade around …
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Business
Brazil inflation seen staying below target ceiling, reinforcing case for March rate cut
by adminby adminInflation in Brazil likely kept a moderate pace in January, remaining below the upper bound of the central bank’s target range for a third month in a row, according to a …
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Business
Inflation double feature: two data prints that could rewrite market rate-cut fantasy
by adminby adminWall Street’s favourite macro assumption that inflation will cool “enough” to let the Federal Reserve cut rates on a predictable timetable faces a real stress test in the coming weeks. …
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The oversupply in the oil market at the beginning of the year is likely to have been sharply lower than previously expected. The International Energy Agency (IEA) has revised its …
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The U.S. Equal Employment Opportunity Commission said Wednesday that it is investigating Nike for allegedly discriminating against white workers. The agency that polices discrimination in the workplace filed an action …
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Business
The architect of Amazon’s supply chain on running a startup with your spouse
by adminby adminFor at least two decades, former Amazon executive Dave Clark ended his work week the same way: a standing Friday date night with his wife, Leigh Anne. Over dinner, the …
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Business
China central bank conducts 1.7 trln yuan of outright reverse repos in Jan
by adminby adminSHANGHAI (Reuters) – China’s central bank said on Monday it conducted 1.7 trillion yuan of outright reverse repurchase agreements in January. The People’s Bank of China (PBOC) said the repo …
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Business
Analysis-To weather Trump, emerging market investors look to the frontier
by adminby adminBy Libby George LONDON (Reuters) – The new era of unpredictability, marked by tariff threats and rising global tensions, is prompting emerging market investors to look for shelter in frontier …