Saks Fifth Avenue store at the Waterside Shops. John Greim | Lightrocket | Getty ImagesSaks Fifth Avenue parent HBC said on Thursday it will acquire Neiman Marcus Group in a $2.65 billion deal combining the storied retailers.The combination will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF 5TH,...
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Top Wall Street analysts favor these dividend stocks for better returns
Dividend-paying stocks can help investors bolster their portfolios and boost returns.Investors searching for these names will need to find companies that have a track record of making steady payments, backed by robust financials.Here are three attractive dividend stocks, according to Wall Street's top pros on TipRanks, a platform that ranks analysts based on...
China hopes to reach a solution with the EU on EV tariffs ‘as soon as possible’
Employees work on the assembly line of electric vehicles in a digital automotive factory of Jiangling Motors on May 17, 2024. Vcg | Visual China Group | Getty ImagesBEIJING โ China hopes to reach an agreement with the European Union soon on the bloc's planned tariffs for imported Chinese electric cars,...
Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit
Nikolay Storonsky, founder and CEO of Revolut.Harry Murphy | Sportsfile for Web Summit via Getty ImagesLONDON โ The boss of British financial technology giant Revolut told CNBC he is optimistic about the company's chances of being granted a U.K. banking license, as a jump in users saw the firm report...
A new index is using AI tools to measure U.S. economic growth in a broader way
David A. Steinberg, CEO of Zeta Global Holdings, at the New York Stock Exchange.Source: NYSEMeasuring the strength of the sprawling U.S. economy is no easy task, so one firm is sending artificial intelligence in to do the job.The Zeta Economic Index, launched Monday, uses generative AI to analyze what its...