EssilorLuxottica plans €800M buyback after Del Vecchio exit
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It’s Probably Time for the Fed to Do More, Says Economist Sahm
“There is something shifting in the inflation picture in the US right now,” says Claudia Sahm, chief economist at New Century Advisors.
US companies earning more than ever before, wages losing weight
The share of profits in national income is at its highest level since the 1950s, while the share of labor income has declined. High inflation could exacerbate inequality.
SEBI Approves IPO Plans Of Jio Platforms, Paras Healthcare, Bharat PET And Four Other Companies
The Securities and Exchange Board of India (SEBI) has given its observations to the IPO proposals of seven companies, clearing the way for them to proceed with their respective public offerings.
Warsh’s Big Test at Jackson Hole
Investors want Kevin Warsh, the Fed chairman, to address inflation, interest rates and the bond market in a major speech. Some worry he won’t say enough.
Ulta Beauty is raising its full-year forecast after beating second-quarter earnings
The beauty retailer now expects earnings per share of $28.70 to $29 for the year, up from a prior range of $28.36 to $28.80