Wall Street plunges as recession fears grow
All 11 S&P sectors lower Growth stocks tumble Defensive names resist selling pressure Dow down 2.42%, S&P 500 down 3.25%, Nasdaq down 4.08% NEW YORK, June 16 (Reuters) – US…
In ‘miracle’ city Shenzhen, fears for China’s economic future
SHENZHEN, China, June 13 (Reuters) – (This June 12 story has been refiled to clarify location in penultimate paragraph) David Fong made his way from a poor village in central…
US retailers cut prices but services keep inflation hot
WASHINGTON, June 9 (Reuters) – Major US retailers like Target Corp (TGT.N) and Walmart Inc (WMT.N) have been cutting prices to clear overstocked warehouses, but hotel revenue is pouring in…
Box Office: ‘Top Gun: Maverick’ Debuts to Stratospheric $ 124 Million
LOS ANGELES, May 29 (Variety.com) – Tom Cruise may have pulled off one of the most daring stunts of his career – getting audiences to go to the movies for…