Macy’s stock slides as retailer warns Q4 sales could be weaker than expected

• Stock market plunges after better-than-expected December jobs report

  The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...
  
  CBS News - 2d

• Airlines cancel more than 3,000 U.S. flights amid storm, Delta slide evacuation at Atlanta

  Flight disruptions stretched from Dallas to Atlanta.
  
  CNBC - 2d

• Constellation Brands’ stock slides as CEO cites ‘uncertainty’ about consumer spending

  The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.
  
  MarketWatch - 3d

• We're buying more of this retail stock that's showing positive sales momentum

  The company is having a nice fourth quarter, according to a note published by Truist on Friday.
  
  CNBC - 3d
• 

  US stocks slide as strong data sends Treasury yields higher

  Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figures
  
  Financial Times - 5d

• Don't be fooled by Nvidia stock's slide after CEO Jensen Huang laid out an AI roadmap

  The CEO's product announcements are not as important as the long-term vision he presented.
  
  CNBC - 5d
• 

  December sales provide little cheer for retailers

  Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.
  
  BBC News - 6d
• 

  UK retail sales growth ‘minimal’ in final quarter of 2024, data shows

  BRC survey suggests consumers stayed cautious during what is usually busiest time of year
  
  Financial Times - 6d
• 

  Surgeon general's warning sends alcohol stocks sliding

  Spirit companies saw stock prices plummet Friday after the U.S. surgeon general recommended cancer warning labels, similar to those found on tobacco products, be added to alcohol. Boston Beer ...
  
  The Hill - Jan. 4

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More in Business

• Microsoft CEO Nadella forms new AI group to build and run apps for customers

  In a memo to employees on Monday, Microsoft CEO Satya Nadella said former Lacework CEO Jay Parikh will lead a new a group focused on AI tools.
  
  CNBC - 1m

• Barry's Bootcamp announces new investment as others exit boutique fitness category

  Barry's currently has 89 studios globally that saw more than 7 million visits in 2024.
  
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• Bitcoin accelerates its slide, falling toward $90,000 to start the week

  Bitcoin at one point dropped to the $90,000 mark to start the week, extending weekend losses as investors continued to dump tech stocks.
  
  CNBC - 7m

• There's a popular tech stock washout Monday as Palantir, Nvidia and Rigetti Computing drop

  Popular technology stocks tumbled Monday as bond yields rose, dragging down tech-heavy Nasdaq-100 futures.
  
  CNBC - 8m

• Kalshi names Donald Trump Jr. as strategic adviser to prediction market firm

  The president-elect's eldest son growing business footprint now includes the prediction market platform that rose to prominence during the 2024 election.
  
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