In its quarterly results statement Earlier this month, Oracle Corporation reported its second quarter 2023 results, indicating that “revenue increased 18% year-over-year in USD and 25% in constant currency to …
Inflation
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Healthcare
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JP Morgan is a fundamental financial institution, with investments and interests in all sectors of the world. In healthcare, the company made headlines just a few years ago for its …
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TOKYO (AP) — Asian stocks fell mostly Thursday amid concerns about the impact of China’s “zero-COVID” strategy mixed with hopes that economic activity and tourism will return to normal. Benchmark …
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Retail
US retail sales rise as consumers step up spending | Business and Economy News
by Ozva Adminby Ozva AdminAmericans increased their spending at retailers, restaurants and car dealerships last month, a sign of consumer resilience as the holiday shopping season kicks off amid painfully high inflation and rising …
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Retail
Target’s earnings plunge 52% – after it was forced to slash prices for Americans stung by inflation
by Ozva Adminby Ozva AdminTarget’s profit plunged 52 percent in the third quarter after it was forced to cut prices for Americans hit by decades of high inflation and suffered $400 million in losses …
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Real Estate
UK property market at risk of major downturn as recession fears loom
by Ozva Adminby Ozva AdminEconomists predict that rising interest rates and falling prices will mark the end of the UK’s 13-year property market boom, which could lead to a fall in house prices. Matt …
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Real Estate
Here’s why it may take a while for housing inflation to cool off
by Ozva Adminby Ozva AdminAn ‘Open House’ banner is displayed outside of a single-family home on September 22, 2022 in Los Angeles, California. Allison Dinner | fake images There are signs that inflation may …
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Healthcare
Circumcisions, tummy tucks and liposuction are among operations which will stop being funded by NHS
by Ozva Adminby Ozva AdminCircumcisions, tummy tucks and liposuction are among 13 operations that will stop being funded by the NHS in a ‘crackdown’ on wasteful spending in a bid to save £2bn a …
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Real Estate
New mortgage demand flattens as rates rise to 7.14% as housing market deteriorates rapidly
by Ozva Adminby Ozva AdminUS mortgage rates rose again to 7.14 percent this week after a small drop in late October, the highest rate the country has seen since 2001. The US housing market …
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The pound fell to a new 37-year low against the US dollar today after grim figures showed retail sales fell 1.6 percent in August. Sterling lost 1 percent to $1.1351, …