Zara-owner Inditex shares rise to record high on spring season boost

Zara-owner Inditex shares rise to record high on spring season boost

By Corina Pons MADRID (Reuters) -Zara-owner Inditex’s shares rose to a record high after it reported positive early spring sales, boosted by upmarket fashions and continuing the strong momentum that saw its 2023 revenue growth top that of rival H&M....
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Wall St slips with inflation data on deck

Wall St slips with inflation data on deck

By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed slightly lower on Wednesday, a day ahead of a key inflation reading that could heavily influence expectations for the timing of an interest rate cut from the Federal Reserve. The...
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Trump loses bid to pause $454.2 million judgment in NY civil fraud case

Trump loses bid to pause $454.2 million judgment in NY civil fraud case

By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) -Donald Trump on Wednesday lost a bid to pause a $454.2 million civil fraud judgment against him for overstating his net worth and real estate values to dupe lenders, meaning he...
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U.S. oil futures settle lower as Fed takes stock before cutting rates

U.S. oil futures settle lower as Fed takes stock before cutting rates

By Georgina McCartney HOUSTON (Reuters) -U.S. crude oil futures settled lower on Wednesday after the Federal Reserve held firm on its decision to hold off cutting interest rates in the near future, while growing U.S. crude stockpiles added further pressure....
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Supreme Court grapples with the legality of US ban on gun ‘bump stocks’

Supreme Court grapples with the legality of US ban on gun ‘bump stocks’

By Andrew Chung and John Kruzel WASHINGTON (Reuters) -U.S. Supreme Court justices struggled over technical aspects of “bump stocks” on Wednesday as they considered the legality of a ban imposed under former President Donald Trump on these devices t...
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