By Gianluca Lo Nostro July 30 (Reuters) – French digital payments group Worldline lowered its 2026 revenue growth expectations on Thursday, saying a recovery in new business had taken longer than expected as banks delayed awarding contracts following the company’s recent setbacks. Worldline now expects flat to marginally positive revenue growth in 2026, compared with…
Bitcoin faced a fresh downside warning Thursday after economist and longtime crypto critic Peter Schiff said the selloff spreading through technology stocks could eventually reach the broader U.S. market and hit Bitcoin even harder. “The entire U.S. stock market is overpriced, not just tech. I also expect a much bigger selloff in Bitcoin,” Schiff wrote…
Summary According to the advance estimate released today by the Bureau of Economic Analysis, U.S. Gross Domestic Product (GDP) rose in the second quarter at an annualized rate of 1.5%. That’s below the 2.1% consensus and a deceleration from 2.1% growth in the fourth quarter. Our estimate
Mortgage rates rose to their highest level in a year amid the re-escalating conflict with Iran and investors grew more worried about the Federal Reserve’s plans to tame inflation. The average 30-year mortgage rate rose 8 basis points to 6.66% this week through Wednesday, according to Freddie Mac data, hitting its highest level since the…
Find out which banks are offering the best CD rates right now. If you’re looking for a secure place to store your savings, a certificate of deposit (CD) may be a great choice. These accounts often provide higher interest rates than traditional checking and savings accounts. However, CD rates can vary widely. Learn more about…
By Wen-Yee Lee TAIPEI, July 30 (Reuters) – Taiwan’s ASE Technology Holding, the world’s largest chip packaging and testing provider, said on Thursday it would raise this year’s capital expenditure by $2 billion to around $10.5 billion, driven by strong demand. • Its previous capital expenditure guidance was $8.5 billion. • Of the additional $2…
Federal Reserve Chair Kevin Warsh followed market expectations Wednesday, holding rates steady in the 3½ to 3¾% range despite persistent inflation. A growing number of his peers — including the three who cast dissenting votes on the decision — believe rates need to rise to keep inflation in check as the Middle East conflict drags…
French luxury retailer Hermès recorded consolidated revenue of €8.16bn ($9.34bn) in the first half of 2026, up 2% at current exchange rates from the same period a year earlier. At constant exchange rates, revenue increased 6%, with currency movements reducing reported revenue by more than €360m over the six-month period. Recurring operating income was €3.35bn,…
This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Old Dominion Freight Line improved profits in Q2 despite year-over-year drops in tonnage, volume and intercity miles. The carrier’s Q2 operating income increased by 30% to $465.3 million compared to a year ago, and…
About 1.7 million American babies now qualify for $1,000 apiece from the federal government, but Peter Schiff insists they’ll end up paying it back themselves — with interest. “There is nothing to celebrate,” the economist wrote on X on July 6, the first trading day for the new Trump accounts. Must Read President Donald Trump…
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