NJ weekend forecast promises ideal beach weather at the Jersey Shore
Atlantic City, NJ – The sun will take center stage this weekend at the Jersey Shore, setting up a stretch of weather made for boardwalk strolls, beach chairs, and ocean dips. Today…
There’s going to be Plenty of Building in Jackson, County Commissioners Forecast
JACKSON TOWNSHIP, NJ – During a heated debate over preserving the last working farm in Lakewood Township, the Ocean County Board of Commissioners forecasted ‘plenty of homes’. That statement came after Commissioner…
Ross Stores lifts annual profit forecast on strong demand, easing freight costs
By Ananya Mariam Rajesh (Reuters) – Ross Stores on Thursday raised its annual profit forecast after upbeat quarterly results, buoyed by budget-conscious customers increasingly shopping at the off-price retailer and easing freight…
US sharply raises shale oil drilling count but not output forecast
By Stephanie Kelly NEW YORK (Reuters) – U.S. oil producers were much more active last year in the prolific Permian Basin than the Energy Information Administration previously thought, the agency said on…
Sonos shares crash as forecast fails to strike a chord
(Reuters) – Sonos Inc was set to shed more than a fifth of its market valuation on Thursday after a revenue forecast cut fueled worries that consumers were dialing down purchases of…
South Korea think tank cuts 2023 growth forecast due to poor exports
SEOUL (Reuters) – South Korea’s top government research body has cut its economic growth forecast for this year to 1.5% from its earlier view of 1.8%, saying a deeper and longer export…
Airbnb’s gloomy forecast weighs on hotel, airline stocks
By Chibuike Oguh NEW YORK (Reuters) – A gloomy forecast from vacation rental firm Airbnb weighed on travel-related stocks on Wednesday as an expected slowdown in bookings signaled an impending slump in…
Shares of data analytics firm Palantir surge 22% on profit forecast
(Reuters) – Palantir Technologies’ stock surged 22% on Tuesday, putting it on track for its biggest one-day gain in more than two years, after the data analytics firm said it expected to…
National Retail Federation lowers US consumer good import forecast for first half of 2023
By Lisa Baertlein LOS ANGELES (Reuters) – Closely watched U.S. retail trade forecasters on Monday lowered their import target for the first half of 2023 and said they expect incoming ocean container…
Adecco sales top forecast as corporate Europe hires temps
By Andrey Sychev (Reuters) -Adecco Group beat first-quarter sales expectations on Thursday as companies turned to temporary workers after laying off staff to cope with economic uncertainty. The group reported an 8%…
Australia budget to trim forecast for cost of servicing debt for next three years
By Lewis Jackson SYDNEY (Reuters) – Australia has lowered its forecast for the cost of servicing government debt over the next three years, though the government still sees annual repayments rising to…
Colombia’s central bank raises 2023 inflation forecast to 9.5%
BOGOTA (Reuters) – Colombia’s central bank on Tuesday raised its outlook for 2023 inflation to 9.5% from 8.7%, reflecting persistent consumer price growth that has prompted the bank’s board to raise its…
Here is your New York City 24-hour Forecast: Rain and more rain
NEW YORK, NY – New York City residents can expect a wet start to their Sunday with areas of drizzle before noon, followed by rain between noon and 3pm. Later in the…
Colgate-Palmolive raises annual organic sales forecast on price hikes
(Reuters) – Colgate-Palmolive Co raised its full-year organic sales forecast on Friday, betting on consistent price hikes and steady demand for its pet nutrition products. The company’s shares rose about 2% in…
Sharpie-maker Newell sees 2023 profit at low end of forecast on higher costs, softer demand
(Reuters) – Sharpie-maker Newell Brands Inc on Friday forecast annual sales and profit at the low end of its previous outlook, signaling a hit from softer demand for its products and higher…
Spain’s Acerinox tops profit forecast on U.S. demand
By Matteo Allievi and Natalia Siniawski (Reuters) – Spanish steelmaker Acerinox beat first quarter net profit expectations on Thursday, driven by growth in its U.S. operations, and forecast slightly better earnings in…
Kimberly-Clark lifts 2023 profit forecast on higher prices
(Reuters) – Kimberly-Clark Corp raised its full-year profit forecast on Tuesday as consistent price hikes helped the company post better-than-expected sales in the first quarter, despite weak volumes across all its segments.…
Singapore March core inflation rises 5%, slightly less than forecast
By Chen Lin SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 5% in March, slightly lower than forecast, official data showed on Monday. The core inflation rate – which excludes private…
Philip Morris trims annual profit forecast on elevated costs
(Reuters) -Marlboro maker Philip Morris International Inc cut its full-year profit forecast on Thursday, hit by rising tobacco leaf prices, energy and labor costs. Shares of the company fell about 2% in…
J.P.Morgan, Citi upgrade China’s 2023 full-year GDP growth forecast
(Reuters) – J.P.Morgan and Citigroup upgraded China’s 2023 full-year gross domestic product growth forecast on Tuesday, citing that the country’s decision to lift stringent COVID-19 restrictions last December helped boost growth. J.P.Morgan…
Singapore March exports fall 8.3% y/y, drop less than forecast
By Chen Lin SINGAPORE (Reuters) – Singapore’s March non-oil domestic exports (NODX) shrank 8.3% year-on-year, official data showed on Monday, though the drop was smaller than the previous month and less than…
German industry association raises 2023 export growth forecast to 2% – report
BERLIN (Reuters) – Germany’s BDI industry association expects exports to grow by 2% in 2023, double its forecast in January, its president told the Rheinische Post newspaper in comments published on Saturday.…
Bank Indonesia forecast to hold rates at 5.75% for rest of 2023
By Sujith Pai and Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Bank Indonesia is expected to keep its key interest rate unchanged at 5.75% for a third consecutive meeting on April 18…
French central bank nudges up Q1 economic growth forecast to around 0.2%
PARIS (Reuters) – The French economy is set to grow around 0.2% in the first quarter of 2023, up from around 0.1% forecast last month, the central bank said on Tuesday, as…
Thai central bank sees policy focus on stability, maintains 2023 GDP forecast
BANGKOK (Reuters) – Thailand’s economy is expected to grow 3.6% this year, Bank of Thailand (BOT) governor Sethaput Suthiwartnarueput said on Monday, adding that fiscal an monetary policy should prioritize stability rather…
Chile cenbank boosts GDP forecast for 2023 but lowers 2024 estimate
SANTIAGO (Reuters) – Chile’s central bank on Wednesday improved its expectations for the country’s economic growth this year but lowered estimates for 2024 as high inflation keeps hindering “sustainable” growth. The authority…
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