British retail sales weakened in November, a trend driven by the timing of Black Friday. Sales volumes fell by 3.3% last month, the lowest reading since April,...
In the corridors of power that govern corporate strategy, treasurers have long worked in relative obscurity. Their desks are often buried in spreadsheets, their emails...
The Bank of England aims to develop the ability to lend to non-bank financial institutions (NBFIs). It is doing so to address potential liquidity challenges in...
The Personal Consumption Expenditures Price Index for October showed a re-ignition of inflation. The PCE increased at an annualized 2.3% rate, which is a quickening...
The Bureau of Economic Analysis confirmed Wednesday (Nov. 27) that third-quarter GDP grew at a 2.8% rate, unchanged from a previous estimate. However, there are...
IKEA’s biggest retailer has seen profits plunge after cutting costs to attract wary customers. Ingka Group, which runs stores that account for 90% of the furniture...
The United Kingdom’s Financial Conduct Authority launched a consultation on proposals to transfer firm-facing requirements of the Markets in Financial Instruments Directive Organisational Regulation (MiFID...
Luxury brands have shed roughly 50 million customers over two years as shoppers seek lower prices. A report Wednesday (Nov. 27) by The Wall Street Journal —...
As consumers remain cautious with their spending amid ongoing economic pressures, leading retail companies encountered a mixed landscape in the third quarter. Ross Stores, TJX...