Fashion Retailer H&M’s Profit Tumbles As Costs Bite

Fashion Retailer H&M’s Profit Tumbles As Costs Bite

Jan 27, 2023

Sweden’s H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and soaring costs that it did not fully pass on to price tags, sending its shares down 7% in early trade. Operating profit in

Read More
jerome Powell to Set Stage For Slowing Fed ate Hikes Amid Hawkish Tone

jerome Powell to Set Stage For Slowing Fed ate Hikes Amid Hawkish Tone

Nov 30, 2022

Jerome Powell is scheduled to deliver a speech, nominally focused on the labor market, at an event on Wednesday hosted by the Brookings Institution in Washington. It will be one of the last from policymakers before the start of a quiet period ahead

Read More