Consumer Discretionary News
Consumer discretionary might be a sector full of ‘non-essential’ goods and services, but our latest news in this area is a definite must have!
List of Consumer Discretionary News
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Average long-term US mortgage rose again this week to highest level since mid December
The average long-term U.S. mortgage rate rose this week for the third time in as many weeks, driving up home loan borrowing costs in just as the...
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Home sales rose in January as easing mortgage rates, more homes for sale enticed homebuyers
Sales of previously occupied U.S. homes rose in January as homebuyers seized upon easing mortgage rates and a modest pickup in properties on the...
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A UN agency targets 35% growth in aquaculture production by 2030 to meet demand and fight hunger
The U.N. Food and Agriculture Organization has set a target to further increase aquaculture production to meet rising demand for seafood and to...
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Google suspends Gemini chatbot's ability to generate pictures of people
Google said Thursday it’s temporarily stopping its Gemini artificial intelligence chatbot from generating images of people a day after apologizing...
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Volkswagen to recall 261,000 cars to fix pump problem that can let fuel leak and increase fire risk
Volkswagen is recalling more than 261,000 cars in the U.S. to fix a potential fuel leak that can increase the risk of fires
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Applications for US jobless benefits fall again as labor market powers on
The number of Americans applying for jobless benefits fell to its lowest level in five weeks, even as more high-profile companies announce layoffs
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Americans reporting nationwide cellular outages from AT&T, Cricket Wireless and other providers
A number of Americans are dealing with cellular outages on AT&T, Cricket Wireless, Verizon, T-Mobile and other service providers, according to data...
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Turkish central bank keeps its key interest rate unchanged, pausing a series of hikes
Turkey’s central bank has left its key interest rate unchanged at 45%, pausing a series of aggressive rate hikes aimed at taming high inflation
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Montenegro court rules to extradite Terraform Labs founder to the US. An appeal is pending
A court in Montenegro has ruled that Terraform Labs founder Do Kwon should be extradited to the United States to face fraud charges rather than to...
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Pakistan blocks X for the sixth day as activists criticize the social media platform's shutdown
Pakistan’s media regulators have blocked the social media platform X, formerly Twitter, with users across the country enduring the sixth day of...
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Farmers from 10 EU countries join forces - and tractors - to protest agricultural policies
Czech farmers are driving their tractors and other vehicles to to several border crossings to join forces with their colleagues from neighboring...
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Suspected Houthi rebel missile sets cargo ship ablaze. Israel intercepts separate attack near Eilat
A suspected missile attack by Yemen’s Houthi rebels has set a ship ablaze in the Gulf of Aden
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Dubai's budget carrier FlyDubai reports a record-breaking $572 million profit in 2023
The Dubai-based budget carrier FlyDubai has seen record earnings of $572 million in 2023, boosted by carrying the most passengers ever across its...
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Hyundai's Supernal and Embraer-backed Eve Air Mobility see future in electric-powered air taxis
As the aviation sector seeks ways to make air travel less polluting and more sustainable, aerospace company Embraer and South Korean automaker...
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Japan's Nikkei stock index breaks its 1989 record and surges to an all-time high
Japan’s benchmark Nikkei 225 index has surged past the record it set in 1989 before its financial bubble burst, ushering in an era of faltering growth
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Another executive at Japan's top oil firm is fired for sexual harassment as #MeToo awareness grows
The head of a renewable energy subsidiary of Japan’s top oil company, Eneos Holdings, has been fired for sexual harassment as awareness of the...