The chair of the Federal Reserve and the Treasury secretary are testifying before the House Financial Services committee Wednesday, their second appearance on Capitol Hill…
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Dollar falls to fresh 2-1/2-year low on U.S. stimulus bets
NEW YORK (Reuters) – The safe-haven dollar sank to a fresh 2-1/2-year low in choppy trading on Wednesday, pressured once again by expectations of further…
View More Dollar falls to fresh 2-1/2-year low on U.S. stimulus bets
Concern for On-time Deliveries Rise as E-commerce Continues to Boom
Despite taking measures to prepare for an enormous increase in package volume, analysis from LateShipment.com reveals FedEx and UPS are still struggling to keep up…
View More Concern for On-time Deliveries Rise as E-commerce Continues to Boom
Wall Street slips at open as monthly private payrolls disappoint
FILE PHOTO: The U.S. flag is seen on a building on Wall St. in the financial district in New York, U.S., November 24, 2020. REUTERS/Brendan…
View More Wall Street slips at open as monthly private payrolls disappoint
DBS, Standard Chartered to cut interest rates further on savings accounts
SINGAPORE – DBS Bank and Standard Chartered (StanChart) will cut already-low interest rates further on their savings accounts from next year. Singapore’s largest lender, DBS,…
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Private payrolls grew by 307,000 in November, missing expectations: ADP
U.S. private sector employers added back fewer jobs than expected in November, with the coronavirus pandemic still exerting pressure on the labor market even as…
View More Private payrolls grew by 307,000 in November, missing expectations: ADP
Stock market news live updates: Stocks hit fresh record highs, extending November rally
Stocks rose Tuesday, and each of the three major indices hit fresh intraday records, as traders looked to extend November’s sharp advance. [Click here to…
View More Stock market news live updates: Stocks hit fresh record highs, extending November rally
Ssense Enters Beauty, Home, Pets and More With ‘Everything Else’
Ssense is moving beyond fashion with the launch Wednesday of “Everything Else,” an expanded product offering. Available on the Ssense web site, app and in-store…
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Nobody Is Going to Conventions. Convention Centers Are Growing Anyway.
After 20 years of trying, Indianapolis finally landed the American Dental Association convention. Last December, the group agreed to gather there in 2026, promising Indianapolis…
View More Nobody Is Going to Conventions. Convention Centers Are Growing Anyway.
Biden says he will not immediately remove Phase 1 trade deal with China: NYT
(Reuters) – U.S. President-elect Joe Biden has said that he will not immediately act to remove the Phase 1 trade agreement, which President Donald Trump…
View More Biden says he will not immediately remove Phase 1 trade deal with China: NYT
Covid 19 coronavirus: Kiwi ad agency paying back $200,000 wage subsidy
An Auckland-based advertising agency has agreed to pay back the wage subsidy after enjoying a faster recovery from Covid-19 than originally expected. The move will…
View More Covid 19 coronavirus: Kiwi ad agency paying back $200,000 wage subsidy
Tracey Woodward Joins Modern Botany as Director of Strategy, Innovation
LONDON — Tracey Woodward, former chief executive officer of Aromatherapy Associates, is joining Modern Botany, the British wellness and body-care brand that focuses on plant-based, clean…
View More Tracey Woodward Joins Modern Botany as Director of Strategy, Innovation
Retail Cornerstones Fall in Britain, Pushed by Fast Fashion and Pandemic
LONDON — The British department store Debenhams can trace its history back 242 years to a shop on Wigmore Street in central London. On Tuesday,…
View More Retail Cornerstones Fall in Britain, Pushed by Fast Fashion and Pandemic
Dollar plummets on U.S. stimulus hopes; bitcoin hits all-time peak
NEW YORK (Reuters) – The dollar stumbled on Tuesday to its lowest level in more than 2-1/2 years, as investors’ appetite for risk increased on…
View More Dollar plummets on U.S. stimulus hopes; bitcoin hits all-time peak