The U.S. Consumer Product safety Commission or CPSC has announced various recalls including slot cars, stroller fans, avalanche transceivers, reagent bottles, and children's bathrobes, among others. Round 2 has called back Auto World Unassembled Deluxe Pit Kit Slot Cars citing risk of ingestion and violation of federal regulations for magnets; Luv n' care is recalling Nuby Stroller Fans...
Specialty retailer Abercrombie & Fitch reported on Wednesday that net profit for the fourth quarter increased from last year, driven by improved operating margins and 9 percent revenue growth. However, adjusted earnings per share missed analysts' estimates, while net sales topped it. The company also provided outlook for the first quarter and for the full-year 2025.
Retailer Target and Best Buy reported Tuesday net profits for the fourth quarter that declined from last year, but earnings per share and quarterly revenues at both retailers topped analysts' estimates. The companies also provided outlook for the full-year.
Citing uncertainty about the effects of President Donald Trump's policy changes, Federal Reserve Chair Jerome Powell reiterated Friday that the central bank does not "need to be in a hurry" to adjusted interest rates. Powell argued the Fed is "well positioned to wait for greater clarity" about the impact of Trump's policy changes.
Employment in the U.S. increased by slightly less than expected in the month of February, according to a closely watched report released by the Labor Department on Friday. The report said non-farm payroll employment climbed by 151,000 jobs in February after rising by a downwardly revised 125,000 jobs in January. Economists had expected employment to grow by 160,000 jobs.
The euro area economy grew in the fourth quarter at a faster than initially estimated pace, driven by consumption and investment. Eurozone economic growth for the fourth quarter was revised up to 0.2 percent from 0.1 percent, Eurostat reported. Nonetheless, this was weaker than the 0.4 percent expansion seen in the third quarter.
Ukraine's Energy Minister German Galushchenko said the country's energy infrastructure and gas production facilities came "under massive missile and drone shelling" by Russia overnight. At least 18 people, including four children, were injured in the attacks, reports quoting local authorities said. The southern port city of Odesa and the eastern city of Kharkiv were heavily bombed. Ukraine's en
In response to the Chinese government's recent statement that it is "ready to fight to the end" in "any type" of war with the U.S., Defense Secretary Pete Hegseth said the Defense Department is prepared for that. In the wake of 10 percent tariff hike announced by President Donald Trump, the Chinese Foreign Ministry had declared that the country was ready for "any type of war." During a media in
The Chinese government said it will take retaliatory action as US President Donald Trump's tariff against China took effect Tuesday. "China will take countermeasures to firmly safeguard its own rights and interests," the Chinese commerce ministry said in a statement on Tuesday. Trump ordered on Monday that since China has not taken adequate steps to alleviate the illicit drug crisis through coop
Stocks saw significant volatility over the course of the trading session on Friday, as the major averages swung back and forth across the unchanged line before eventually closing firmly positive. The major averages came under pressure after initially showing a lack of direction, with the Nasdaq and the S&P 500 hitting five-month intraday lows before rebounding in afternoon trading.
European stocks closed weak on Friday as uncertainty surrounding U.S. Government's trade policy, and growth concerns due to weak U.S. non-farm payroll data, rendered the mood cautious, prompting investors to lighten commitments ahead of the weekend.
Asian stocks retreated on Friday as investors grappled with geopolitical uncertainty and conflicting signals from the U.S. about Trump's tariffs. Gold ticked higher as the U.S. dollar continued to retreat ahead of key U.S. employment data due later in the day. Oil headed for its biggest weekly drop...
China's manufacturing activity logged a faster growth in February underpinned by rises in both output and new orders, survey data published by S&P Global showed on Monday. The Caixin manufacturing Purchasing Managers' Index rose to 50.8 from 50.1 in the previous month. The reading was seen at 50.4. The index has remained above the threshold 50.0 mark for the fifth straight month suggesting expan
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, amid prospects of the US Fed cutting interest rates earlier as it is feared that the U.S. trade war may hurt global growth, worsen inflation and possibly spark recessions in some countries. Traders also picked up stocks at a bargain after the recent slump in the markets.
Little Leaf Farms is recalling a specific lot code of its Southwest Salad Kits citing the potential presence of undeclared fish and wheat, known allergens, according to the U.S. Food and Drug Administration. The recalled Southwest Salad Kit comes in individual clamshell with lot number 050011 as the first six digits and Enjoy By Date of 03/08/2025.
European stocks look set to open on a firm note Monday as investors react to the latest tariff news and Europe's peace efforts in Ukraine. U.S. Commerce Secretary Howard Lutnick on Sunday said that the tariffs on Mexico and Canada will go into effect as scheduled on Tuesday, but President Donald...
Arthur J. Gallagher & Co. (AJG) is trading at $326.90, down 3.63 percent or $12.30, after announcing it received a second request for information from regulators regarding its proposed acquisition of AssuredPartners, Inc.
March 07, 2025 13:11 ET Private sector survey results and the European Central Bank decision were the main new on the economics front this week. ISM survey data revealed the trends in the U.S. manufacturing and services sector. Main official data released in the U.S. included trade data for January. In Europe, the European Central Bank policy decision was in focus. News of the Chinese government’s economic goals and GDP figures from Australia were the highlights in Asia.
Market sentiment remains cautious ahead of the release of the monthly jobs data from the U.S. on Friday morning and a speech by Fed Chair Jerome Powell later in the day.
Thursday, President Donald Trump signed an Executive Order to establish a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, with the aim of positioning the United States as a leader among nations in government digital asset strategy. The Order creates a Strategic Bitcoin Reserve that will treat bitcoin as a reserve asset. The Strategic Bitcoin Reserve will be capitalized with bitcoi
President Donald Trump has announced that the United States will pursue a 'Golden Dome,' similar to Israel's 'Iron Dome' defense system, which is designed to protect against inbound missile attacks. During his first address to a joint session of Congress, Trump said, "My focus is on building the most powerful military of the future. As a first step, I'm asking Congress to fund a state-of-the-art
United States Trade Representative Jamieson Greer has delivered the Trump administration's 2025 Trade Policy Agenda, 2024 Annual Report, and 'World Trade Organization at Thirty' report to Congress. The agenda lays out the Administration's vision for trade, describing the economic and national security challenges facing the United States and articulates a plan for rebalancing trade to address thos
March is recognized as Awareness Month for several diseases, including Colorectal Cancer, Cerebral Palsy, Deep Vein Thrombosis, Endometriosis, Essential Tremor, Kidney Cancer, Multiple Sclerosis, and others.
UK house prices fell unexpectedly in February as demand started to soften with the stamp duty holiday to end on March 31, mortgage lender Halifax said Friday. House prices registered a monthly fall of 0.1 percent in February, reversing January's 0.6 percent increase. Prices were forecast to grow 0.5 percent.
Germany's industrial orders declined more than expected in January reflecting sharp decreases in orders for machinery and transport equipments. Industrial orders fell 7.0 percent month-on-month in January, in contrast to the revised 5.9 percent rise in the previous month, data from Destatis showed on Friday. Economists had forecast a moderate 2.8 percent fall for January.
Factory orders from Germany and house prices from the UK are the top economic news due on Friday. At 2.00 am ET, Destatis is scheduled to issue German factory orders data for January. Orders are forecast to fall 2.4 percent on a monthly basis, in contrast to the 6.9 percent increase in December.
A recent study has revealed that women who experienced premature menopause had a higher risk of Type 2 diabetes, with the risk increasing as the age of menopause decreased. Menopause marks a major hormonal shift in a woman's life, influencing metabolism, insulin sensitivity, and overall glucose control. While the role of estrogen in these processes is well known, the impact of menopause timing on
The United States funding freeze is taking its toll on the global AIDS response, according to a new situation report released by the UN agency charged with responding to the disease. UNAIDS said that at least one status report on the impact of cuts has been received from 55 different countries up...
Frozen supplemental shakes under Lyons ReadyCare and Sysco Imperial brands sold to hospitals and long-term care facilities have been recalled following a multistate outbreak of Listeria monocytogenes, including deaths. Sysco Corp., Lyons Magnus LLC, and their third-party manufacturer Prairie Farms Dairy, Inc. have called back 4 oz. Lyons ReadyCare and Sysco Imperial Frozen Supplemental Shakes.
Shares of Hewlett Packard Enterprise fell around 20 percent in the after-hours trading on Thursday as well as around 22 percent in pre-market activity on the NYSE, after the data center equipment maker's first-quarter earnings missed the Street view. The firm also issued weak earnings outlook for second quarter and fiscal 2025, both below market estimates.
Shares of Air France-KLM Group were gaining more than 20 percent in the morning trade in Paris after the airline reported Thursday narrower net loss and significantly higher EBITDA, a key earnings metric, in its fourth quarter amid good growth in passenger traffic, capacity and load factor. Further, the company projects capacity growth in fiscal 2025, and maintained medium term outlook.
Shares of Bayer AG were gaining around 6 percent in the German trading after the pharmaceutical and life sciences major Wednesday said it expects improved performance from 2026 onwards, despite reporting a slip to loss in its fourth quarter. The company also projects weak core earnings and nearly flat sales for fiscal 2025.
Canadian stocks fluctuated over the course of the trading session on Friday before eventually ending the day mostly higher. The benchmark S&P/TSX Composite Index swung back and forth across the unchanged line but closed up 174.72 points or 0.7 percent at 24,758.76. The higher close on Bay Street...