Stocks close higher after upbeat retail sales, strong Citi earnings

U.S. shares rallied Friday to cap a four-day dropping streak on Wall Avenue. Sentiment was buoyed by much better-than-expected retail revenue knowledge and a surprise earnings conquer from Citigroup (C).…

Openings and Closings: Business happenings around the region | Business News

From new apartments being approved to restaurants reopening and ready to serve, here’s a look at what’s happening with businesses in your neighborhood. DUTCH SPRINGS: 4733 Hanoverville Road, Lower Nazareth…

Investors put $2.5 billion into companies

A Falcon 9 rocket launches a batch of Starlink satellites to orbit on April 29, 2022. SpaceX Non-public financial investment in area firms dwindled in the 2nd quarter — weighed…

National Bank Financial Analysts Lift Earnings Estimates for Thomson Reuters Co. (NYSE:TRI)

Thomson Reuters Co. (NYSE:TRI – Get Rating) (TSE:TRI) – Equities researchers at National Bank Financial increased their FY2022 EPS estimates for Thomson Reuters in a note issued to investors on…

Recession barometer flashes new warning sign as inflation pressures Fed policy

Adhering to inflation data exhibiting worse-than-envisioned price tag raises in June, bond marketplaces are now flashing signals of deeper investor considerations about economic downturn. On Wednesday, the U.S. 10-year observe…

Stocks rise as Wall Street weighs fresh bank earnings

Stocks rallied on Friday as traders digested a clean batch of bank earnings and robust financial information, which alleviated some worries that the Federal Reserve could hike by 100 basis…