A court in Paris has denied the French government's request to temporarily shut down Shein's website after allegations surfaced that the fast-fashion retailer sold childlike sex dolls.
Stocks showed a strong move to the upside during trading on Friday, extending the significant rebound seen over the course of Thursday's session. With the upward move, the major averages further offset the weakness seen earlier in the week. The tech-heavy Nasdaq reached new highs for the session going...
A new study from Cedars-Sinai found that many more people than usual suffered from heart attacks, lung problems, and general illnesses in the three months after the January 2025 wildfires in Los Angeles. Notably, these health problems showed up within 90 days of the fires starting, suggesting that the...
A recent study by the American Psychological Association suggests that swearing can help people perform better during physically demanding tasks by letting them push harder. Researchers noted that this happens because swearing reduces mental and social restraints that usually hold people back. "In...
Stocks have moved mostly higher during trading on Friday, adding to the strong gains posted in the previous session. The major averages have all moved to the upside, further offsetting the weakness seen earlier in the week. Currently, the major averages are off their highs of the session but still firmly positive.
Consumer sentiment in the U.S. rebounded by less than previously estimates in the month of December, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for December was downwardly revised to 52.9 from a preliminary reading of 53.3. Economists had expected the index to be upwardly revised to 53.4.
Existing home sales in the U.S. saw a modest increase in the month of November, the National Association of Realtors revealed in a report released on Friday. NAR said existing home sales rose by 0.5 percent to an annual rate of 4.13 million in November after jumping by 1.5 percent to an upwardly revised rate of 4.10 million in October.
Following the notable rebound seen in the previous session, stocks may see further upside in early trading on Friday. The major index futures are currently pointing to a slightly higher open for the markets, with the S&P 500 futures up by 0.1 percent. Early buying interest may be generated in reaction...
Russia's central bank cut its interest rate by 50 basis points on Friday but reiterated that it will maintain policy tight to bring inflation back to the target. The Board of Directors, led by Governor Elvira Nabiullina, decided to cut the key rate to 16.00 percent from 16.50 percent. The decision matched market expectations. The bank has lowered the interest rate by 400 basis points since Jun
The number 100, being a perfect square, holds a special place in mathematics. In the same vein, a stock touching the $100 level is considered a psychological and financial milestone by investors and companies. In this article, we highlight a select group of stocks that crossed the $100 mark within a few months of our publication.
Geopolitical developments might be influencing investor sentiments on Friday. Early signs from the U.S. Futures Index suggest that Wall Street might open broadly up. European Union countries, except Hungary, Slovakia and Czech Republic, has decided to provide a 90 billion euro or $105 billion loan...
UK retail sales dropped unexpectedly in November as the Black Friday effect was slightly weaker than usual, data from the Office for National Statistics showed Friday. Retail sales dropped marginally by 0.1 percent in November from a month ago. The decline confounded expectations for an increase of 0.3 percent but this was slower than October's 0.9 percent decrease.
European stocks were little changed on Friday, a day after the European Central Bank and Bank of England issued hawkish signals on the outlook for their rate paths. After November's U.S. inflation report showed an unexpected decline in price growth, the core PCE price index, widely regarded as the...
German consumer confidence is set to drop at the start of the year 2026 as rising inflation fears weigh on income expectations and purchase decisions, monthly survey data published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions showed Friday. The forward-looking consumer confidence index fell to -26.9 in January from revised -23.4 in December.
Retail sales and public sector finance from the UK and consumer sentiment from Germany will be in the spotlight on Friday. At 2.00 am ET, the Office for National Statistics releases UK retail sales and public sector finance data. Sales are forecast to grow 0.3 percent on a monthly basis in November, in contrast to the 1.1 percent drop in October.
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.