A piece of Paris has landed in New York City. French luxury retailer Printemps officially opened its first U.S. store this week in the city’s Financial District. The retailer celebrated its opening on Friday, which coincided with the start of spring — its namesake. The 55,000-square-foot store spans two floors and carries a wide range…
A car drives past a building of the Digital Reality Data Center in Ashburn, Virginia, U.S., March 17, 2025. Leah Millis | Reuters Sovereign wealth fund ADQ and American private equity firm Energy Capital Partners, or ECP, have signed a deal for a $25 billion investment partnership dedicated to increasing power generation, primarily in the…
EU flags flutter in front of European Central Bank (ECB) headquarters in Frankfurt, Germany July 18, 2024. Jana Rodenbusch | Reuters The European Union will delay implementing its first set of tariffs on goods from the U.S. until the middle of April to allow for additional time for discussions with Washington, an EU spokesperson told CNBC Thursday. “The…
Shoppers in New York City, U.S., on Feb. 2, 2025. Robert Nickelsberg | Getty Images News | Getty Images The Wall Street adage to never bet against the U.S. consumer still holds true — to some degree. February’s retail sales, while lower than expected, still registered an increase. For the skeptics, that is like desperately…
Shoppers at the grand opening of Wegmans supermarket on Feb. 26, 2025 in Lake Grove, New York, U.S. Howard Schnap | Newsday | Getty Images The Wall Street adage to never bet against the U.S. consumer still holds true — to some degree. February’s retail sales, while lower than expected, still registered an increase. For…
Eggs for sale in a Manhattan grocery store on Feb. 25, 2025, in New York City. Spencer Platt | Getty Images The U.S. consumer hasn’t felt so glum about the economy since November 2022, according to a survey by the University of Michigan. That’s when annual inflation was at 7.1% and Federal Reserve Chair Jerome…
Signs limit the number of cartons of eggs a customer can purchase at a grocery store in Gloucester, Massachusetts, U.S., March 8, 2025. Brian Snyder | Reuters The U.S. consumer hasn’t felt so glum about the economy since November 2022, according to a survey by the University of Michigan. That’s when annual inflation was at…
Canada’s new prime minister, Mark Carney, with members of his government standing behind him, speaks during a press conference following the swearing-in ceremonies for Canada’s new government in Ottawa, Ontario, March 14, 2025. Blair Gable | Reuters Canada’s new prime minister, shortly after being sworn in to office Friday, quickly rebuked President Donald Trump on…
As he flew back from the Group of 7 allies meeting in Canada on Friday, Secretary of State Marco Rubio made an announcement that essentially expelled South Africa’s ambassador to the United States, Ebrahim Rasool. Mr. Rubio wrote on social media that the ambassador was a “race-baiting politician who hates America” and President Trump. He…
Pedestrians walk by an advertisement for Klarna. Daniel Harvey Gonzalez | In Pictures via Getty Images Klarna, a provider of buy now, pay later loans filed its IPO prospectus on Friday, and plans to go public on the New York Stock Exchange under ticker symbol KLAR. Klarna, headquartered in Sweden, hasn’t yet disclosed the number…
