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Amazon Delivers Biggest Prime Day Event Ever

Amazon.com, Inc. (AMZN) announced Thursday that prime members purchased more than 300 million items worldwide during Prime Day 2022, making this year's event the biggest Prime Day event in Amazon's history. Prime members saved over $1.7 billion, more than any previous Prime Day event.
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U.S. Producer Price Index Jumps More Than Expected In June

U.S. Producer Price Index Jumps More Than Expected In June

A report released by the Labor Department on Thursday showed U.S. producer prices increased by more than expected in the month of June. The Labor Department said its producer price index for final demand jumped by 1.1 percent in June after climbing by an upwardly revised 0.9 percent in May.
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EU Downgrades Eurozone Growth Outlook; Raises Inflation Projections

EU Downgrades Eurozone Growth Outlook; Raises Inflation Projections

The European Commission downgraded the eurozone economic outlook and inflation projections, citing the shocks unleashed by the war in Ukraine, deceleration of growth in the US and the impact of strict zero-COVID policy in China. In the latest Summer economic forecast, released Thursday, the EU trimmed its growth outlook for this year slightly to 2.6 percent from 2.7 percent.
RTTNews | Před 732 dny
JPMorgan Q2 Profit Down 28%; Results Miss Estimates

JPMorgan Q2 Profit Down 28%; Results Miss Estimates

US investment bank JPMorgan Chase & Co. reported Thursday a profit for the second quarter that declined 28 percent from last year, hurt primarily by higher noninterest expense and a hefty net credit reserve build. Both earnings per share and revenues for the quarter missed analysts' expectations.
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Singapore Central Bank Unexpectedly Tightens Monetary Policy

Singapore Central Bank Unexpectedly Tightens Monetary Policy

Singapore's central bank tightened its monetary policy for the third time this year to avoid inflationary pressures becoming more persistent. The Monetary Authority of Singapore on Thursday decided to re-centre the mid-point of the S$NEER policy band up to its prevailing level. There will be no change to the slope and width of the band.
RTTNews | Před 732 dny
Sensex, Nifty Give Up Early Gains

Sensex, Nifty Give Up Early Gains

Indian shares gave up early gains to end lower on Thursday and the rupee crashed to a record low for a fourth straight session, as red-hot U.S. inflation data fueled expectations about even more aggressive Federal Reserve monetary tightening at the upcoming policy meeting on July 26-27.
RTTNews | Před 732 dny

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