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Fed Rate Hike Bets Lift U.S. Dollar

Fed Rate Hike Bets Lift U.S. Dollar

The U.S. dollar appreciated against its major counterparts in the New York session on Friday, in response to comments from several Federal Reserve officials affirming the need for more policy tightening to battle high inflation.
RTTNews | Pred 1110 dňami
Foot Locker, Buckle Report Q2 Net Profit Declines

Foot Locker, Buckle Report Q2 Net Profit Declines

Specialty athletic retailer Foot Locker, Inc. reported Friday a second-quarter net profit that plunged from last year, hurt by a sales decline amid markdowns. Quarterly sales met Street estimates. The company also trimmed it adjusted earnings and sales growth guidance for the full-year 2022.
RTTNews | Pred 1110 dňami
Bay Street Seen Opening On Weak Note

Bay Street Seen Opening On Weak Note

Weak commodity prices and worries about inflation and interest rate hikes are likely to weigh on Canadian shares Friday morning.
RTTNews | Pred 1110 dňami
Acorda Therapeutics COO Lauren Sabella To Resign

Acorda Therapeutics COO Lauren Sabella To Resign

Biotechnology company Acorda Therapeutics, Inc. (ACOR) announced Friday that Lauren Sabella, Chief Operating Officer, will resign from the Company effective September 30, 2022. She will be working in a strategic advisory role for early-stage biotechnology companies.
RTTNews | Pred 1110 dňami
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Japanese Yen Lower On Fed-BOJ Policy Divergence

Japanese Yen Lower On Fed-BOJ Policy Divergence

The Japanese yen weakened against its major counterparts in the European session on Friday, as hawkish comments from Federal Reserve officials raised expectations that monetary policy divergence between the U.S. central bank and its Japanese counterpart will widen again.
RTTNews | Pred 1110 dňami

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