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Target says its holiday sales were better than expected — but its profits weren’t

Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days…
Economy

ECB should not rush rate cuts, Nagel says

FRANKFURT (Reuters) – The European Central Bank should not rush to lower interest rates because inflation remains high and uncertainty great, ECB…
Economy

Analysis-Corporate hedging to save debt costs may have worsened 10yr sell-off

By Shankar Ramakrishnan and Davide Barbuscia (Reuters) – A sell-off in U.S. Treasury markets in recent weeks was likely made worse by…
Economy

Futures edge higher with all eyes on Trump inauguration

(Reuters) – U.S. stock index futures edged up on Friday, with the S&P 500 and the Dow looking set to log their…
Economy

Factbox-US stock performance on dates of presidential inaugurations

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors will closely monitor stock markets on Tuesday, the day after Donald Trump is…
Economy

Displaced Los Angeles homeowners face price gouging after wildfires

By Dawn Chmielewski LOS ANGELES (Reuters) – Jay Gilberg bought a five-bedroom, 4,800-square-foot (446-sq-meter) home in the Los Angeles neighborhood of Pacific…
Stock

Amazon stock target raised at BMO on strong AWS outlook

Investing.com — BMO Capital raised its target for Amazon (NASDAQ:AMZN) to $265 from $236 in a note Friday, citing a robust outlook for…
Stock

Sweden’s Saab posts higher-than-expected organic sales growth for 2024

COPENHAGEN (Reuters) – Swedish defence equipment maker Saab said on Friday it expected an organic sales growth of 23.4% for the full…
Stock

US auto safety regulator closes probe into nearly 7,000 Fisker electric SUVs

(Reuters) – The U.S. auto safety regulator closed its probe into 6,971 Fisker (OTC:FSRNQ) Ocean SUVs on Friday over inadvertent activation of…
Stock

NHTSA opens preliminary probe into more than 870,000 GM vehicles

(Reuters) – The U.S. National Highway Traffic Safety Administration said on Friday it was opening a preliminary probe into 877,710 vehicles manufactured…
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