Holiday shopping turned out even better than expected in December as shoppers picked up the pace to close out a strong 2023, the Commerce Department reported Wednesday.Retail sales increased 0.6% for the month, buoyed by a pickup in clothing and accessory stores as well as online nonstore businesses. The results...
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Biotech and pharma companies are betting on a promising class of cancer drugs to drive growth
Medical personnel use a mammogram to examine a woman's breast for breast cancer.Hannibal Hanschke | dpa | Picture Alliance | Getty ImagesSAN FRANCISCO — An established but promising group of cancer drugs was a red-hot market in 2023, and more companies could look to the treatments to fuel growth in...
Germany skirts recession at the end of 2023 but faces prolonged slump
German Chancellor, Olaf Scholz arrives for the weekly federal government cabinet meeting on Oct. 11, 2023 in Berlin, Germany.Michele Tantussi | Getty Images News | Getty ImagesEurope's largest economy contracted by 0.3% year-on-year in 2023, as high inflation and firm interest rates bit into growth, the Federal Statistical Office of Germany said...
Americans are canceling trips that are thousands of miles from Gaza. Here’s why
The Israel-Hamas war is affecting travel across the Middle East and beyond.International arrivals to the region grew in the fourth quarter of 2023 — mainly owing to an increase in visitors to Saudi Arabia — to a level that matched 2019 numbers, according to the travel data company ForwardKeys.But it's...
Top Wall Street analysts recommend these stocks for dividend-oriented investors
As investors confront uncertain markets in the short term, dividend paying stocks could offer some portfolio stability and income.Analysts have dug into the details on dividend-paying stocks, analyzing companies' fundamentals and understanding their long-term growth potential.With that in mind, here are three attractive dividend stocks, according to Wall Street's top...