Investors beware — a number of stocks have overshot analysts’ price targets, and could be due for a pullback, according to CNBC Pro. In spite of...
Year: 2023
Chinese consumers won’t return to pre-Covid spending soon — a problem for Starbucks, Morgan Stanley says
Starbucks opened its 6,000 store in mainland China in September 2022. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese consumer spending won’t return to pre-Covid...
Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed
Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to a gauge released Friday that the...
Fintech firm Klarna halves net loss in first quarter as it races toward profitability
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe | Bloomberg via Getty Images Klarna, the...