Investments and Business

Related media - Recent news MIAMI — With the growing likelihood that Donald Trump will win the 2024 presidential election, Goldman Sachs economists are warning that another term for the former president could have “profound implications” for the euro area economy. “Our baseline estimates point to a significant decline in GDP (gross domestic product) of around 1% with a modest increase in inflation of 0.1 percentage points,” Goldman Sachs’ Jari Stehn and James Moberly noted in a report released Friday, before Saturday’s assassination attempt. "Trump's re-election would therefore pose a significant downside risk to our otherwise constructive growth forecast for…

Related media - Recent news Washington DC — Sports streaming service Venu, priced at $42.99 a month, faces a major marketing challenge: finding its audience. Venu, jointly owned by Disney, Fox and Warner Bros. Discovery, announced Thursday that it will launch this fall. While it’s more expensive than services like NetflixMax and Peacock, it costs less than YouTube TV at $73 a month or a standard cable package, but those include a wider variety of entertainment, not just sports. Venu will provide access to a selection of networks: ESPN, ESPN2, ESPNU, SECN, ACCN, ESPNEWS, ABC, Fox, FS1, FS2, BTN, TNT,…

More news - Breaking news Here are some of the stocks that saw significant mid-day fluctuations: Shake Shack: The popular fast food chain saw a significant move in its stock price as investors reacted to its recent earnings reports and market trends. Italian: The logistics company's shares have seen some volatility, influenced by industry developments and financial performance updates. Mobileye Global: The technology company's shares have seen considerable activity, driven by new product announcements and strategic partnerships. Stay tuned for more updates on these and other key headlines throughout the trading day. News of interest - Featured Contributors

More news - Recent news Kohl's plans to open 200 stores in its facilities by the end of September. The retailer will sell a wide variety of baby items, including strollers, car seats and cribs. WOODLAND PARK, NJ — Kohl's is targeting smaller retailers to boost sales. The retailer will open Babies R Us stores in its locations nationwide starting this week and plans to have 200 by the end of September. The stores will offer a variety of baby items the company has never sold before, including shampoo, strollers and car seats. Previously, Kohl's only sold baby clothing. With…

Related media - Breaking news The U.S. labor market is expected to show signs of cooling in July, due to the gradual economic slowdown and the impact of Hurricane Beryl on hiring rates. The Labor Department’s July nonfarm payrolls report, due Friday at 8:30 a.m. ET, is expected to reflect this slight decline. However, the expected decline is in line with the Federal Reserve’s strategy for a controlled economic slowdown. “If the Fed was aiming for a soft landing, it looks like it’s done it,” said Mike Reynolds, vice president of investment strategy at Glenmede. “We’re seeing some weakness in…

Related media - Breaking news TOULON — The European Union's statistics agency reported on Wednesday that headline inflation in the euro zone unexpectedly rose to 2.6% in July, despite a slight slowdown in the services sector. Inflation stood at 2.5% in June, down slightly from 2.6% in May. Economists polled by Reuters had expected July's inflation rate to hit June's 2.5%. Core inflation, which excludes volatile items such as energy, food, alcohol and tobacco, hit 2.9% in July, slightly above the Reuters estimate of 2.8% and in line with June's core inflation rate. Services inflation, a closely watched indicator, fell…