by Bloomberg.com | Sep 4, 2024 | alerts, Markets/Economy
Economic environment weighs on higher income shoppers Customers spent less per trip as they focus on essentials Dollar Tree Inc. shares fell the most in more than a decade after the chain lowered its full-year guidance as its higher income customers also begin to pull...
by Bloomberg.com | Sep 4, 2024 | alerts, Markets/Economy
New Zealand house prices fell for a sixth straight month in August, weighed down by elevated interest rates and uncertainty over job security in a weakening economy, according to CoreLogic Inc. Values dropped 0.5% from July, when they declined a revised 1%, the...
by Bloomberg.com | Sep 4, 2024 | alerts, Markets/Economy
Girard-Perregaux and Ulysse Nardin among brands getting help Work stoppages follow drop in demand for Swiss watch industry Swiss luxury watchmakers are turning to the government for financial aid to help them weather a downturn in demand. Girard-Perregaux and Ulysse...
by Bloomberg.com | Sep 3, 2024 | alerts, Markets/Economy
Per capita GDP declined for a sixth consecutive quarter Household spending fell in quarter, detracting from GDP Australia’s economic weakness persisted in the three months through June as consumers hunkered down in the face of elevated borrowing costs and stubbornly...
by Bloomberg.com | Sep 3, 2024 | alerts, Markets/Economy
Analyst ‘broadly comfortable’ with sovereign rating outlook Interest-rate cuts expected to restore GDP per capita growth S&P Global Ratings is “broadly comfortable” with New Zealand’s sovereign rating outlook, though it’s closely watching the nation’s large...
