Fed move could add pain to emerging-markets hangover
The unrelenting stress on emerging economies has prompted questions about whether Fed Chair Janet Yellen will be more hesitant to boost rates, even with a firm U.S. job market.
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Apple helps push U.S. watch sales to biggest drop in seven years
U.S. watch sales fell the most in seven years in June, one of the first signs Apple Inc.’s watch is eroding demand for traditional timepieces. The 14 percent decline in unit sales was the largest since 2008, according to Fred Levin, head of the market researcher’s luxury division. “The Apple Watch is going to gain a significant amount of penetration,” he said Thursday in a phone interview.
Fed move could add pain to emerging-markets hangover
The unrelenting stress on emerging economies has prompted questions about whether Fed Chair Janet Yellen will be more hesitant to boost rates, even with a firm U.S. job market.
Apple helps push U.S. watch sales to biggest drop in seven years
U.S. watch sales fell the most in seven years in June, one of the first signs Apple Inc.’s watch is eroding demand for traditional timepieces. The 14 percent decline in unit sales was the largest since 2008, according to Fred Levin, head of the market researcher’s luxury division. “The Apple Watch is going to gain a significant amount of penetration,” he said Thursday in a phone interview.
Apple helps push U.S. watch sales to biggest drop in seven years
U.S. watch sales fell the most in seven years in June, one of the first signs Apple Inc.’s watch is eroding demand for traditional timepieces. The 14 percent decline in unit sales was the largest since 2008, according to Fred Levin, head of the market researcher’s luxury division. “The Apple Watch is going to gain a significant amount of penetration,” he said Thursday in a phone interview.
Dow falls 100 points as oil slides; biotech weighs on Nasdaq
U.S. stocks traded lower as declines in oil weighed amid the July employment report that supported the case for a rate hike as early as September.
Crude oil slides on dollar strength, set for sixth weekly loss
Solid U.S. jobs data released on Friday pushed the dollar higher versus several currencies, making it more expensive for the countries using them to buy oil priced in dollars. “The sentiment is very negative, so the market is looking for reasons to go lower,” said Richard Mallinson, an analyst with Energy Aspects.
Crude oil slides on dollar strength, set for sixth weekly loss
Solid U.S. jobs data released on Friday pushed the dollar higher versus several currencies, making it more expensive for the countries using them to buy oil priced in dollars. “The sentiment is very negative, so the market is looking for reasons to go lower,” said Richard Mallinson, an analyst with Energy Aspects.
Dow falls 100 points as oil slides; biotech weighs on Nasdaq
U.S. stocks traded lower as declines in oil weighed amid the July employment report that supported the case for a rate hike as early as September.
Cuba plans boating boom as US luxury ships head to Havana
A $3 million yacht left Key West this week with two barbeque grills, 250 channels of satellite TV and a just-in-case plan for rescuing stranded Cuban rafters encountered in the Florida Straits. After four …