At Best Buy, Fed’s cautious outlook seems to play out
At Best Buy, Fed’s cautious outlook seems to play out
GREENSBORO, N.C. — Best Buy Co. , whose electronics make it a barometer of discretionary spending, is opening its US stores an hour earlier than usual this holiday season in a bid to win over consumers battered by job losses.
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Stocks Perk Up On Data, GE Dividend Hike
Encouraging economic data stokes the recovery trade, while GE’s dividend hike boosts confidence on Friday.
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Asia Currencies Advance as China’s Trade Data Improves Outlook for Growth
The Taiwan dollar and Philippine peso led gains in Asian currencies this week as China’s exports beat economists’ estimates, boding well for the regional economic recovery and trade.
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Asian Currencies Gain This Week as Data Show Region’s Economies Improving
Asian currencies advanced this week, led by Malaysia’s ringgit, as trade and manufacturing data showed that a recovery in the region’s economies is intact.
Read more on Bloomberg
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