U.S. equity funds drew inflows for a third consecutive week with investors clinging to hopes of rate cuts this year.
Read More US equity funds attract inflows for third week in a rowTag: U.S.
TikTok advertisers will look to rivals if US Senate moves ahead on ban
Advertisers who turn to TikTok to market to young consumers are preparing contingency plans in the event the short-form video app is sold or banned.
Read More TikTok advertisers will look to rivals if US Senate moves ahead on banUS retail sales miss expectations; producer prices accelerate
Consumer spending appeared to be slowing in the first quarter amid rising inflation and high borrowing costs.
Read More US retail sales miss expectations; producer prices accelerateToyota to recall 280,663 vehicles in US on concerns over unexpected movement, says NHTSA
Toyota will address concerns over unexpected movement caused when vehicles are in neutral and brakes are not applied.
Read More Toyota to recall 280,663 vehicles in US on concerns over unexpected movement, says NHTSANike to cut about 2% jobs to lower costs as demand weakens
Nike will cut more than 1,600 jobs to lower expenses as demand for its shoes comes under pressure.
Read More Nike to cut about 2% jobs to lower costs as demand weakensUS retail sales tumble in January; weekly jobless claims fall
Economists cautioned the decline may be due to winter storms and technical factors.
Read More US retail sales tumble in January; weekly jobless claims fall