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Retailers are under pressure to turn deep discounts into big sales on Black Friday

Retailers are under pressure to turn deep discounts into big sales on Black Friday

Shoppers walk past a sale sign as Black Friday sales begin at The Outlet Shoppes of the Bluegrass in Simpsonville, Kentucky on November 26, 2021. Jon Cherry | Reuters Major retailers are under intense pressure to deliver on Black Friday after several reported slowing sales ahead of the holiday shopping season. Macy’s, Target, Kohls, Difference …

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Eurozone moves away from risk of deep winter recession

Eurozone moves away from risk of deep winter recession

The likelihood that the euro zone will fall into a deep recession this winter is receding according to economists who have revised their projections downwards. Increased fiscal support from governments, lower gas prices and a mild autumn have all helped improve the bloc’s outlook. Most forecasters still expect eurozone output to contract in the coming …

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Asian stocks mixed on Fed warning, China hopes

Cautious stocks, US yield curve deep in recession territory

https://tmsnrt.rs/2zpUAr4 Markets choppy after Fed rate warnings Most inverted U.S. yield curve since 1981 The dollar is selling again, but off the lows of the week SYDNEY, Nov 18 (Reuters) – Asian stocks were in a cautious mood on Friday after U.S. Federal Reserve officials fired more warning shots on interest rates amid rising coronavirus …

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