Author: Daniel snow
Despite New York’s image as a center of wealth and power, the battle for its leadership felt intensely local, as though it were a small-town race. Source link
Jason Kempin | Getty Images Entertainment | Getty ImagesShares of RH jumped more than 15% in extended trading Thursday, as the company stuck by its sales forecast and said it is taking steps to offset higher costs from tariffs. The luxury furniture retailer said it expects full-year revenue to grow by 10% to 13%.Here’s how the company did for the three-month period that ended May 3, compared with Wall Street’s estimates, according to a survey of analysts by LSEG:Earnings per share: 13 cents adjusted vs. a loss of 9 cents expectedRevenue: $814 million vs. $818 expectedRH reported net income in…
BRL to continue benefiting from high interest rate differential: UBS Source link
We no longer have the country that made Obama possible. Source link
Artificial intelligence makes people more valuable, according to PwC’s 2025 Global AI Jobs Barometer report. Pixdeluxe | E+ | Getty ImagesWhile there hasn’t been much hiring for so-called “white collar” jobs, the contraction is not because of artificial intelligence, economists say. At least, not yet.Professional and business services, the industry that represents white-collar roles and middle and upper-class, educated workers, hasn’t experienced much hiring activity over the past two years.In May, job growth in professional and business services declined to -0.4%, slightly down from -0.2% in April, according to the Bureau of Labor Statistics. In other words, the sector has…
I might have had a hard time paying attention, too. Source link
UBS continues to forecast further upside for EUR/USD Source link
The protests are shining a light on what was once in the shadows. Source link
“I have $3,000 in gold and Social Security income for me and my spouse makes $46,180 a year.” Source link
Tankers depicted in the Strait of Hormuz — a strategically important waterway which separates Iran, Oman and the United Arab Emirates.ATTA KENARE | AFP | Getty ImagesAs tensions surge following Israeli strikes on Iran, fears have resurfaced that the Tehran could retaliate by targeting one of the world’s most vital oil arteries — the Strait of Hormuz. The Strait of Hormuz, which connects the Persian Gulf to the Arabian Sea, sees roughly 20 million barrels per day of oil and oil products pass through, accounting for nearly one-fifth of global oil shipments. Any move to block it would ripple through energy…