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...Wall Street stocks and US Treasuries rallied slightly after the latest wholesale inflation figures came in cooler than economists had expected....
...US stocks opened slightly higher on Thursday as traders weighed a mixed basket of economic data, including unexpectedly hot wholesale inflation figures....
...Wall Street’s benchmark S&P 500 shed 0.4 per cent shortly after the opening bell in New York, while the tech-dominated Nasdaq Composite fell 0.7 per cent....
...US wholesale inflation declined unexpectedly in December, a sign for the Federal Reserve that price pressures are moderating after a hotter-than-expected consumer price growth report for the same month....
Four new wellness destinations, from spa ‘safaris’ to a detox in southern France
...For investors in new decarbonisation technologies, there is one question that trumps all others. When will they become competitive with existing fossil fuel alternatives?...
...German lawmakers have voted to legalise consumption and possession of cannabis, but stopped short of turning the country into the world’s largest regulated market for the drug by licensing its wholesale...
...Economic data: India announces wholesale price inflation data, while New Zealand publishes travel and migration figures....
...Wholesale inflation in the US hit its highest level in six months in March, but came in below expectations and may help ease concerns about the persistence of price pressures and the outlook for rate cuts...
...While flows into fixed income have picked up, the wholesale rotation into bonds that some had hoped for has not materialised....
...Energy Security Secretary Claire Coutinho said the fall in the cap was “welcome news for families across the country”....
...Yannis Stournaras, head of Greece’s central bank, told the FT that much of the southern countries’ recent outperformance was due to “Germany’s adjustment of its business model to the new realities” of more...
...“If it’s sustained at this level, they aren’t making enough money [for it] to make sense to build a new battery,” he said....
...Jobless claims: New applications for US state unemployment aid are expected to come in at 215,000 in the week ending April 6, down from 221,000 in the prior week....
...Wholesale inflation in the US rose more than expected in February, just days after data showing an unexpected rise in consumer prices highlighted the looming challenge for the Federal Reserve as it considered...
...Prices at the pump are not falling in line with wholesale fuel costs, according to the Competition and Markets Authority, raising concerns that weak forecourt competition is exacerbating the cost of living...
...BJ’s Wholesale Club, the operator of membership warehouse clubs, was up 7 per cent....
...US producer price index: Coming days after data showed consumer prices unexpectedly rose last month, US wholesale prices are expected to have risen 0.3 per cent month on month in February, potentially matching...
...Net client flows across its wealth and wholesale asset management arms rose to £1.1bn, from £200mn the previous year, however £6.2bn was redeemed from its UK institutional asset management division, which...
...Immersing themselves in the vital southern countryside, Matisse and Derain aimed to go beyond appearance to the sensations they experienced in the presence of all that dazzle....
...Wholesale energy and food prices soared last summer following Russia’s full-scale invasion of Ukraine in 2022....
...The scheme is designed so that consumers fund top-ups to developers if the wholesale price of power falls below a certain level....
...The sharp reduction — due to a big drop in wholesale gas and electricity prices since November — would bring the price cap down to its lowest level since March 2022 when it stood at £1,216....
...Digitally savvy brands benefit from the higher profit margins that come with selling directly to consumers; however, many eventually expand to wholesale in a bid to reach new customers amid rising customer...
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