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Oil falls as investors focus on Middle East supply

Oil falls as investors focus on Middle East supply

By Shadia Nasralla LONDON, Sept 29 (Reuters) - Oil prices declined on Tuesday as investors focused on signs of recovering crude exports from the region and lingering concern over Middle East supply disruption brought about by the US-Israeli war on Iran.
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Consumer Behavior Shifts Towards 'Constraint' and 'Upgrade' Spending Amidst Persistent Volatility

Consumer Behavior Shifts Towards 'Constraint' and 'Upgrade' Spending Amidst Persistent Volatility

Consumer Behavior Shifts Towards 'Constraint' and 'Upgrade' Spending Amidst Persistent Volatility
ReutersReuters
Shein quarterly profit falls 67% as costs jump, Europe sales slump

Shein quarterly profit falls 67% as costs jump, Europe sales slump

By Helen Reid Sept 28 (Reuters) - Fast-fashion platform Shein reported plunging profit and sliding European sales on Monday in its first results as a public company, feeding investor worries over margin pressure and slowing growth.
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Shein reports sharp drop in Europe sales after price hikes

Shein reports sharp drop in Europe sales after price hikes

Sept 28 (Reuters) - Fast-fashion platform Shein reported a sharp drop in sales in Europe in the second quarter after it hiked prices and cut online advertising in anticipation of the European Union imposing fees on low-value e-commerce parcels from July 1.
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Anthropic's IPO prospectus sharpens focus on AI valuations

Anthropic's IPO prospectus sharpens focus on AI valuations

Sept 29 (Reuters) - Anthropic is betting that AI will reshape the global economy more profoundly than industrialization, electricity and the internet, according to its IPO prospectus seen by Reuters.
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Jefferies beats profit estimates on deal surge, equities trading strength

Jefferies beats profit estimates on deal surge, equities trading strength

Sept 28 (Reuters) - Jefferies Financial beat third-quarter profit estimates on Monday, as higher fees from advising on deals and underwriting stock sales were complemented by a record haul in equities trading business.
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Dollar near two-month high as US-Iran stalemate bolsters oil, Fed rate hike bets

Dollar near two-month high as US-Iran stalemate bolsters oil, Fed rate hike bets

By Samuel Indyk and Jiaxing Li LONDON, Sept 28 (Reuters) - The dollar was steady near a two-month high on Monday as the US-Iran standoff pushed up oil prices and Treasury yields, while investors looked ahead to a data-packed week for further clues about the path of central bank policy.  
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Costco cuts prices on everyday items as inflation wallops shoppers

Costco cuts prices on everyday items as inflation wallops shoppers

Costco is turning tariff refunds into lower prices on coffee and more. Here's what it means for Costco stock investors.
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Nvidia sets biggest-ever buyback plan as AI chip competition weighs on stock performance

Nvidia sets biggest-ever buyback plan as AI chip competition weighs on stock performance

By Anhata Rooprai Sept 28 (Reuters) - Nvidia boosted its share buyback authorization by a record $150 billion, eclipsing Apple's $110 billion approval in 2024, making a big bet on its own stock as intensifying AI-chip competition weighs on its performance relative to peers.
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Stocks fall; oil prices off highs amid renewed hopes for Middle East negotiations

Stocks fall; oil prices off highs amid renewed hopes for Middle East negotiations

By Caroline Valetkevitch and Amanda Cooper NEW YORK/LONDON, Sept 28 (Reuters) - Major stock indexes fell on Monday, as oil edged higher and Treasury yields extended their recent rise ahead of more expected interest-rate hikes from the Federal Reserve in coming months.
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Viral cookie chain leaves key market, closes all stores

Viral cookie chain leaves key market, closes all stores

The stores have been marked as permanently closed and scrubbed from the chain's website.
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Battered bond market braces for a new era of interest rates

Battered bond market braces for a new era of interest rates

By Dhara Ranasinghe, Sophie Kiderlin and Naomi Rovnick LONDON, Sept 29 (Reuters) - The world's biggest sovereign bond markets are heading for their worst month in years as soaring energy costs fan inflation and the AI boom lifts economic growth, leaving investors positioning for an era where