As we move into the new year, economists are questioning whether the economy will experience a slowdown in 2024. Despite previous predictions of a recession and a significant economic slowdown, some experts argue that there is little reason to expect a deceleration. One key factor supporting this perspective is the strong state of the labor market. Currently, most Americans who … [Read more...] about Economic Outlook for 2024: Will the Economy Slow Down?
Forex News
Levi Strauss Implements Restructuring Plan, Reports Fourth Quarter Sales Increase
Global Layoffs and Increase in Sales Levi Strauss, the San Francisco-based jeans maker, has announced a two-year restructuring plan that includes global layoffs. This initiative comes as the company reported an increase in sales during the fourth quarter, driven by a return to growth in the Americas. To boost global productivity, Levi Strauss plans to reduce its global … [Read more...] about Levi Strauss Implements Restructuring Plan, Reports Fourth Quarter Sales Increase
Superdry Expects Full-Year Performance to be Impacted by Challenging Market Conditions
By Michael Susin Superdry, the British clothing brand, has warned that its full-year performance is expected to suffer due to persistently challenging market conditions. This follows a drop in revenue for the first half of fiscal 2024 and news of the company's chief financial officer stepping down. Despite a 0.7% increase in shares to 17.0 pence at 0826, Superdry continues to … [Read more...] about Superdry Expects Full-Year Performance to be Impacted by Challenging Market Conditions
Nikki Haley’s 2024 Presidential Campaign Raises $2.6 Million in 48 Hours
By one metric at least, angering Donald Trump has been good for Nikki Haley. Haley's 2024 presidential campaign raised $2.6 million in a 48-hour period that started Tuesday night after polls closed in New Hampshire's Republican primary, according to a statement from the campaign. The Impact of Trump's Blacklist That included $1.2 million from small-dollar and online … [Read more...] about Nikki Haley’s 2024 Presidential Campaign Raises $2.6 Million in 48 Hours
Stocks That Could Benefit from China’s Monetary Stimulus
Given these developments, Evercore strategists have identified U.S.-listed companies that could benefit from China's monetary stimulus. These companies have recently derived at least 10% of their revenue from China. Consumer Companies Poised to Thrive in China Potential for Stock Growth Companies on Evercore's list include: Nike's Revenue from China In the past 12 months, Nike … [Read more...] about Stocks That Could Benefit from China’s Monetary Stimulus
