Stocks

7-Eleven owner posts profit drop on weak North American earnings

by OverviewFX | Jul 11, 2024 | Stocks

Seven & i Holdings reported a drop in first-quarter net profit as its overseas convenience-store business deteriorated sharply, partly due to higher costs of products and labor in the U.S.

Costco stock rallies after membership fees raised for first time in 7 years. But high expectations could limit gains, analyst says.

by OverviewFX | Jul 11, 2024 | Stocks

The warehouse retailer gave the investing world what it wanted — announcing its first fee hike on millions of its shoppers since 2017.

Britain makes biggest overhaul of listing regime in decades

by OverviewFX | Jul 11, 2024 | Stocks

The U.K.’s Financial Conduct Authority outlined its new listing rules with a view to reinvigorating the country’s troubled capital markets via the biggest overhaul in decades

Wall Street is becoming more skeptical of artificial-intelligence hype helping to power stocks

by OverviewFX | Jul 10, 2024 | Stocks

After 18 months of hyping up artificial intelligence and its potentially transformative impact on both corporate profits and human productivity, Wall Street appears to be turning more skeptical.

Republicans say that limiting immigration will help reduce inflation. Economists aren’t so sure.

by OverviewFX | Jul 10, 2024 | Stocks

Securing the border and undertaking “the largest deportation operation in American history” are key focuses of the Republican Party’s new plan to “quickly bring down all prices” for inflation-hit consumers and businesses. But economists say that these policies may not...