New COVID subvariant is now dominant across the U.S., accounting for 43% of all new cases in latest week, CDC says
admin The XBB.1.5 omicron subvariant that has been dominant in the Northeast for several weeks is…
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Jobless claims show no spike in layoffs
The numbers: Initial jobless claims fell by a seasonally adjusted 1,000 to 205,000 in the…
Read MoreJ Sainsbury sees 2023 profit toward upper end of views on robust Christmas period
J Sainsbury PLC said Wednesday that it expects to deliver profits for fiscal 2023 toward…
Read MoreChina takes first steps to punish countries that imposed testing mandates for Chinese travelers
China on Tuesday suspended visas for South Koreans to enter the country for tourism or…
Read MoreBed Bath & Beyond’s Q3 earnings fall below estimates as loss widens and same-store sales fell 32%
Bed Bath & Beyond Inc. BBBY, +23.66% said Tuesday it had a net loss of…
Read MoreModerna, CureVac and Ocugen offer updates on COVID vaccines, while China cracks down on critics of government’s pandemic response
A flurry of announcements relating to COVID vaccines dominated headlines on the pandemic on Monday,…
Read MoreLululemon stock slides premarket after yoga gear maker revises Q4 guidance
Lululemon Athletica Inc. LULU, +1.02% revised its fourth-quarter guidance on Monday by raising its revenue…
Read MoreMacy’s stock slides as holiday lulls weigh on sales forecast and execs predict difficulties into 2023
Shares of department-store chain Macy’s Inc. slid 8% in after-hours trading on Friday after the…
Read MoreChina’s latest COVID challenge: Lunar New Year holiday travel surge
China is hoping to avoid an acceleration in the pace of new COVID cases during…
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18 stock picks in a ‘Goldilocks’ scenario for U.S. consumers
It may not have been a surprise to see the consumer discretionary sector of the…
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