Jul 20, 2023
U.S. leading indicators point to recession starting soon

By Safiyah Riddle (Reuters) - An index designed to track turns in U.S. business cycles fell for the 15th straight month in June, dragged down by a weakening consumer outlook and increased unemployment claims, marking the longest streak of decreases…

Jul 19, 2023
Carvana shares surge on plans to cut debt load

By Nathan Gomes (Reuters) -Carvana shares closed up 40.2% at $55.80 on Wednesday after the troubled used-car retailer struck a deal with most of its term bondholders to cut its outstanding debt by more than $1 billion. The agreement, with…

Jul 19, 2023
Nasdaq beats profit estimates on steady demand for investment products

By Manya Saini and Laura Matthews (Reuters) -Exchange operator Nasdaq beat estimates for second-quarter profit on Wednesday on the back of consistent demand for its investment-related products and capital markets solutions such as anti-financial crime software. In recent years, the…

Jul 19, 2023
How to break up with your bank

By Chris Taylor If you ever need advice about breaking up with your bank, just ask Bruno J. Navarro. He has done it three times. The technology marketer from Maplewood, New Jersey, cut ties for a variety of reasons, such…

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