Home Depot Inc. investors will soon learn the real story about what’s happening in the home improvement sector, as some others in the business have said demand is weakening while Read more
Tag: weakening
Japan’s finance minister concerned about gradual weakening of yen
Japanese Finance Minister Shunichi Suzuki on Wednesday showed a broader concern about the yen’s weakness, saying the slower pace of the yen’s depreciation, not just sharp movements, isn’t desirable for Read more
These 5 charts show the depth and seriousness of the U.S. housing downturn. Expect a ‘further weakening in demand.’
The U.S. housing market has been pushed into a recession, helped by pandemic-era prices and mortgage rates now surpassing 7%. “The headwind from higher mortgage rates has already been visible Read more
German labor market remained stable in September despite weakening outlook
Jobless claims in Germany rose in September, but less than expected, showing the resilience of the labor market amid the energy crisis and weakening consumption. Jobless claims increased by 14,000 Read more
Qualcomm forecast falls short on weakening handset sales; Samsung agreement extended
Qualcomm Inc. shares fell in the extended session Wednesday after the chip maker lowered its forecast because of weakening handset sales, the company’s largest business segment, but focused on the Read more