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Higher U.S. sales help British tonic water seller shield itself from U.K. slump
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MarketWatch - Business
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.6 hours ago - Federal Reserve -
MarketWatch - Business
2-, 10-year Treasury yields bounce off 2024 lows after August retail-sales data
Treasury yields rose slightly on Tuesday, but remained not far from their lowest closing levels in one or two years, after August’s retail-sales report pointed to a U.S. economy that remains stable.1 hour ago -
MarketWatch - Business
Pret a Manger’s U.S. expansion sees cafe chain’s sales hit $1.5 billion
The coffee seller said one quarter of its overall sales are now generated outside the U.K.11 hours ago -
CBS News - Top stories
Black women have higher risk of dying from all types of breast cancer, new study finds
Black women have a higher risk of dying from breast cancer when compared to white women, and racism could be a factor in the disparity, according to a new study by Massachusetts General Hospital. ...31 minutes ago -
Financial Times - Business
Draghi is trying to save Europe from itself
His report on competitiveness presents the EU with an ‘existential challenge’6 hours ago -
MarketWatch - Business
Industrial production gets short-lived boost from cars, but U.S. manufacturers still depressed
Industrial production rose a stronger-than-expected 0.8% in August, but most of the increase was tied to autos and there was little sign of a rebound in a depressing manufacturing sector.6 hours ago
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MarketWatch - Business
Amazon wants staff back in the office 5 days a week. Your boss isn’t likely to follow suit.
For all of Amazon’s clout, its plans likely won’t motivate many other businesses to follow with their own five-day in-person workweek, according to some workplace experts.14 minutes ago -
MarketWatch - Business
Stocks flirt with record even as Fed considers extra-large interest-rate cut
A half-point interest-rate cut by the Fed on Wednesday wouldn’t necessarily signal the U.S. is heading into recession, according to BlackRock’s Rick Rieder.16 minutes ago - Federal Reserve -
MarketWatch - Business
Inflation hangs over the Fed as it prepares to cut interest rates
The challenge: Keep interest rates low enough for the U.S. economy to expand, but not so low as to overheat labor markets.19 minutes ago - Federal Reserve -
MarketWatch - Business
Oil prices end higher after exploding-pagers attack on Hezbollah members in Lebanon
Oil futures finished higher Tuesday, appearing to get a lift after pagers carried by Hezbollah operatives in Lebanon exploded around the same time in an apparent attack — raising fears of a broader ...50 minutes ago -
MarketWatch - Business
Struggling bitcoin miners may be revived by Fed rate decision, regardless of cut size
Whether the Federal Reserve delivers a 25 or 50 basis point rate cut, it could mean a turnaround for bitcoin miners, which have been struggling so far this year, market participants said.59 minutes ago - Federal Reserve