Wall Street posts fourth straight day of gains ahead of CPI report

Wall Street posts fourth straight day of gains ahead of CPI report

Sign up now for FREE unlimited access to Reuters.com Register Headline CPI fell on Tuesday Bristol Myers Rises on FDA Approval for Psoriasis Drug Twitter says Musk’s latest attempt to cancel the deal is invalid Indexes rose: Dow 0.71%, S&P 1.06%, Nasdaq 1.27% NEW YORK, Sept 12 (Reuters) – Wall Street extended its winning streak…

The dreaded “down rounds” reduce initial valuations by billions

The dreaded “down rounds” reduce initial valuations by billions

Aug 9 (Reuters) – Several high-flying startups are pulling back as the recent carnage in global stock markets and lackluster demand for new listings forces companies to raise funds at a steep discount to their sky-high valuations. The easy money from venture capital trading is quickly evaporating in an inflation-fueled high-interest-rate environment as many private…

Inflation is starting to strain the finances of young, low-income Americans

Inflation is starting to strain the finances of young, low-income Americans

A shopper wearing a face mask is pictured at a Dollar Tree store in Pasadena, California, U.S., June 11, 2020. REUTERS/Mario Anzuoni Sign up now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 1 (Reuters) – As high inflation forces Americans to spend more on gas and bills, young and low-income consumers are…

Analysis: Colgate, Tide maker P&G adjusts pricing tactics to retain cash-strapped shoppers

Analysis: Colgate, Tide maker P&G adjusts pricing tactics to retain cash-strapped shoppers

People shop at a supermarket as rising inflation affects consumer prices in Los Angeles, California, U.S., June 13, 2022. REUTERS/Lucy Nicholson/File Photo Sign up now for FREE unlimited access to Reuters.com Register NEW YORK, July 25 (Reuters) – Makers of everyday staples such as Colgate toothpaste and Charmin toilet paper are preparing new strategies to…

As electric cars go mainstream, it’s vying for market share in home chargers

As electric cars go mainstream, it’s vying for market share in home chargers

BEDFORD, England, July 20 (Reuters) – As electric vehicles (EVs) take off, the battle for market share among start-ups selling home chargers is heating up, fueling more deals in the industry as tens of millions of units are installed worldwide . over the next decade. According to a Reuters analysis, more than 100 companies in…

Britain begins post-Brexit ‘transformation’ of finance

Britain begins post-Brexit ‘transformation’ of finance

The UK is trying to preserve London’s financial situation after Brexit Regulators to focus on competitiveness, not just on stability Capital rules for insurance companies should be relaxed to encourage investment Zahawi suspends plan for more government oversight of regulators LONDON, July 19 (Reuters) – Britain’s financial regulators will need to support the global competitiveness…