US consumer spending rebounded 0.4% in March

US consumer spending rebounded 0.4% in March



Consumer spending is considered key to economic growth since it accounts for 70 percent of economic activity.

Carpetright warns of £9m annual loss

The struggling floor covering retailer warns of an annual loss, but shareholders back its rescue plan.

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Canada's stock exchanges resume trading, TSX rises to 6-week high

TORONTO (Reuters) - Canada's stock exchanges resumed trading on Monday after an outage that halted trading for several hours on Friday afternoon, with the country's main stock index edging up to a nearly six-week high as financials and industrials rose.

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Wall Street opens higher on robust earnings, M&A activity

(Reuters) - U.S. stock indexes opened higher on Monday as strong earnings and a string of mergers lifted spirits, kicking off a busy week for inflation watchers.

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Gourmet burgers, global sales drive McDonald's results beat

(Reuters) - McDonald's Corp reported first quarter results that topped analysts' forecast on Monday, helped by strength in international markets and U.S. consumers opting for more expensive burgers over value meals.

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Wall Street set for gains on strong earnings, M&A activity

(Reuters) - U.S. stock indexes were on track to open higher on Monday as strong earnings and a string of mergers lifted spirits, kicking off a busy week for inflation watchers.

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Venture Capitalists Talk Blockchain Startups

Venture Capitalists Talk Blockchain Startups



This article was originally published on ETFTrends.com.

Is Skyworks Solutions Stock a Buy?

Is Skyworks Solutions Stock a Buy?



The semiconductor company has a strong presence in the smartphone and mobile device market, major growth potential in the Internet of Things, and a cheap share price.

This Could Be the Answer to Never Running Out of Money

This Could Be the Answer to Never Running Out of Money



Find out the savings solution half of all workers want to know more about.

French giant AccorHotels acquires Movenpick for $565 million

French giant AccorHotels acquires Movenpick for $565 million



The mammoth French AccorHotels group is acquiring Movenpick's 84 hotels around the world in a deal worth 560 million Swiss francs ($565 million).

McDonald's traffic is heavy, and its profits surge

McDonald's traffic is heavy, and its profits surge



Traffic at McDonald's restaurants was surprisingly strong during the first quarter, pushing the world's biggest burger chain far past Wall Street expectations.

US consumer spending rebounded 0.4 percent in March, while annual inflation up 1.9 percent

US consumer spending rebounded 0.4 percent in March, while annual inflation up 1.9 percent



US consumer spending rebounded 0.4 percent in March, while annual inflation up 1.9 percent.

EU Brexit negotiator urges Irish border solution

EU Brexit negotiator urges Irish border solution



The European Union's chief Brexit negotiator has urged faster action on the fraught problem of the Irish border, saying there should be agreement by June on a way to keep it open.

McDonald's traffic is heavy, and its profits, revenue soar

McDonald's traffic is heavy, and its profits, revenue soar



Traffic at McDonald's restaurants was surprisingly strong during the first quarter, pushing the world's biggest burger chain far past Wall Street expectations.

Trade tariffs: Deadline looms on US exemption for EU

The EU trade commissioner will hold last-ditch talks with the US before a 1 May deadline.

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McDonald's global same-restaurant sales tops estimates

(Reuters) - McDonald's Corp reported a better-than-expected rise in quarterly sales at its restaurants on Monday, helped by strong international sales, especially in the UK and Germany, sending its shares up 3.6 percent.

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U.S. treasury chief: 'Cautiously optimistic' on China trade talks

WASHINGTON (Reuters) - U.S. and Chinese officials will hold highly anticipated trade talks in China on Thursday and Friday, U.S. Treasury Secretary Steven Mnuchin told Fox Business Network, saying he was "cautiously optimistic" about the meeting.

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Allergan tops estimates as Botox drives gains

(Reuters) - Botox maker Allergan Plc reported a better-than-expected quarterly profit on Monday and raised its full-year forecast for adjusted net income, driven by higher sales of its medical aesthetics products including the blockbuster wrinkle treatment.

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Futures rise on strong earnings, M&A activity

(Reuters) - U.S. stock index futures rose on Monday as strong earnings and a string of mergers lifted spirits, kicking off a busy week for inflation watchers.

from Reuters: Business News https://ift.tt/2rdXLgm

McDonald's U.S. same-restaurant sales beat estimates

(Reuters) - McDonald's Corp reported a higher-than-expected 2.9 percent rise in quarterly sales at established U.S. restaurants on Monday, benefiting from menu price increases and a rise in customer visits.

from Reuters: Business News https://ift.tt/2HAsfDX

Future of AI in asset management

Future of AI in asset management



MetLife Executive V.P. Steve Goulart on the U.S. economic outlook, Federal Reserve policy and the impact of technology on asset management.

US judge blocks Fujifilm, Xerox merger temporarily

US judge blocks Fujifilm, Xerox merger temporarily



The preliminary injunction came a day after the companies reopened deal talks on their $6.1-billion merger.

McDonald's US same-restaurant sales beat estimates

McDonald's US same-restaurant sales beat estimates



Net income rose to $1.38 billion, or $1.72 per share, from $1.21 billion, or $1.47 per share, a year earlier

McDonald's U.S. same-restaurant sales beat estimates

McDonald's U.S. same-restaurant sales beat estimates



Net income rose to $1.38 billion, or $1.72 per share, from $1.21 billion, or $1.47 per share, a year earlier

As deadline looms, EU awaits news of US tariff exemption

As deadline looms, EU awaits news of US tariff exemption



The European Union is still waiting to hear whether its 28 member nations will be exempt from new U.S. steel and aluminum tariffs just hours before the measures could enter force.