Unilever’s shares experienced a significant increase on Thursday morning, following the company’s announcement of raising its full-year margin guidance and confirming the progress of the spinoff of its ice cream business. The share price surged by nearly 8% initially, but later stabilized around a 5.45% gain by mid-morning in London. In the first-half results published
The concept of “Buy Now, Pay Later” (BNPL) has become increasingly popular in recent years, allowing consumers to purchase items and defer payment to a later date. While this may seem convenient at first glance, there are growing concerns about the potential risks associated with this industry. This has prompted the British government to take
Chipotle Mexican Grill recently reported its quarterly earnings and revenue, exceeding analysts’ expectations. The company experienced higher traffic at its restaurants, which helped drive its strong performance. Despite concerns about the health of the restaurant industry and a recent stock split, Chipotle’s stock rose about 13% in extended trading before settling around 3% higher. In
With the U.S. presidential election on the horizon, many investors are experiencing increased anxiety about the potential effects on the stock market. According to a survey conducted by the American Psychiatric Association, 73% of individuals are feeling anxious about the upcoming election. This heightened sense of uncertainty can lead to impulsive decisions that may disrupt
Recent data from ZipRecruiter shows that job seeker confidence hit a new low in Q2 of 2024. This decline suggests that workers are becoming more pessimistic about their prospects of finding their desired jobs. The job market, which was once booming with record-high job openings and historically low unemployment rates, now seems to be cooling
In a move to meet the increasing demand for carbon-free energy, NextEra Energy is exploring the possibility of reopening the Duane Arnold Energy Center in Palo, Iowa. This nuclear plant ceased operations in 2020 after serving the community for 45 years. The CEO of NextEra, John Ketchum, emphasized the need for a thorough risk assessment
Deutsche Bank recently reported a net loss of 143 million euros in the second quarter, which was narrower than expected but still significant. This loss can be attributed to a provision made for an ongoing lawsuit over its Postbank division, amounting to 1.3 billion euros. The lawsuit, brought by investors, alleges that Deutsche Bank underpaid
As we delve into the economic forecast for the upcoming year, it becomes evident that many workers will face a decrease in their annual pay raise. The projected average increase for 2025 is 4.1%, down from the 4.5% seen in the previous year. This data is based on a survey conducted by WTW, a consulting
Recently, there has been a slight decrease in mortgage interest rates for 30-year fixed-rate mortgages with conforming loan balances, reaching 6.82%. Despite this decrease, potential homebuyers have not shown a significant increase in purchasing activity. The decrease in rates over the past few weeks has not been substantial enough to entice buyers to make a
In recent years, the world’s largest semiconductor equipment manufacturers, such as ASML, have experienced a significant surge in their China revenue. According to analysts from Bank of America, the share of China revenue for companies like Lam Research, ASML, KLA Corp., and Applied Materials has more than doubled since late 2022. This spike in revenue