Luxury goods giant LVMH is the pride of France, but the government nevertheless understands the anger expressed by LVMH boss Bernard Arnault regarding French taxes, said a government spokeswoman on Wednesday.
LVMH says 2025 is off to a good start as it reports an increase in sales in its most recent quarter. US President Donald Trump is offering buyout packages to almost all federal workers who do not
Elsewhere, LVMH (EPA: LVMH) stock fell 5%, dragging the French market lower, as sales growth posted by the luxury goods group failed to impress, with investors hoping for stronger signs of rebound from the sector bellwether following a string of strong results from rivals.
The Federal Reserve announces its decision at 2 p.m. Jerome Powell speaks shortly thereafter. Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our columnist says.
America's central bank has held its main interest rate steady as President Donald Trump's trade policies threaten to rekindle inflation in the world's largest economy.
French stocks are down in negative territory Wednesday morning, weighed down by losses in the luxury sector as industry major LVMH's
Uncertain start for Europe that looks to the Fed tonight and then to the ECB. In Milan Mps runs, Generali yields on the day of the board of directors. Luxury stocks collapse dragged down by the disapp
European stocks saw some profit taking in late afternoon trades on Friday, but the major markets in the region still managed to close
Equity markets were mixed Wednesday as attention turned away from tech stocks to the outlook for monetary policy, with the Federal Reserve holding steady on interest rates ahead of an