Dick's Sporting Goods to buy Foot Locker for $2.4bn

15th May 2025 16:53

(Sharecast News) - US sports retailers Dick's Sporting Goods said on Thursday that it has agreed to buy Foot Locker for $2.4bn.

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US open: Stocks pull back after economic data, Powell comments

15th May 2025 16:02

(Sharecast News) - US stocks pulled back from 11-week highs on Thursday as investors digested a raft of economic data, comments from the head of the Federal Reserve and gloomy comments about consumer prices from Walmart's boss.

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Europe close: Shares close higher as investors assess EZ GDP, Powell

15th May 2025 14:54

(Sharecast News) - European shares closed higher on Thursday as investors assessed GDP data from the eurozone and UK along with comments from US Federal Reserve chair Jerome Powell.

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Powell says long-term rates to stay high amid frequent supply shocks

15th May 2025 14:53

(Sharecast News) - US interest rates are more likely to be higher over the longer term as the global economy faces more frequent and persistent supply shocks, Federal Reserve Chair Jerome Powell said on Thursday.

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