New-home prices drop to a three-year low, even as sales improve in 2024
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Existing-Home Sales in 2024 Were Slowest in Decades Amid High Mortgage Rates
The market perked up late in the year when interest rates eased, but affordability challenges yielded the fewest transactions since 1995.The New York Times - 4d -
Brown-Forman laying off 648 people as stock price hits 10-year low and sales decline
Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its work force or about 648 jobs in the face of a 10-year-low in its stock price and four straight quarters of ...MarketWatch - Jan. 14 -
Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - Jan. 9 -
Struggling German carmaker VW reports sales drop for 2024
Yahoo News - Jan. 9 -
U.S. Car Sales Hit a Five-Year High in 2024
Years of effort ironed out supply chain problems, eliminated shortages, but lower interest rates made the difference in the return to pre-pandemic sales levels.Inc. - Jan. 3 -
"CBS Evening News" headlines for Thursday, Jan. 2, 2024
Here's a look at the top stories making headlines on the "CBS Evening News" with Major Garrett.CBS News - Jan. 2 -
Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years
Tesla’s global annual sales fell for the first time in more than a dozen years, a blow to a stock that has soared since Donald Trump's election and its CEO billionaire became a top policy adviser ...ABC News - Jan. 2 -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - Jan. 2
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Starbucks says the little things are helping its turnaround. It still faces these big hurdles.
Shares of Starbucks Corp. inched higher after hours Tuesday after the coffee chain reported quarterly results that beat expectations, as it tries to revive sales following a year marked by cautious ...MarketWatch - 3h -
From Medicaid to student loans, scope of Trump budget gambit leaves Americans scrambling
Move to halt federal grant funding will create a “constitutional crisis,” a top Senate Democrat said.MarketWatch - 4h -
Boeing CEO: Don’t expect a major restructuring, but maybe a ‘pruning’
Boeing’s stock rose after the company said it may be streamlining its business, which could include the selling of some assets in the coming months or year.MarketWatch - 4h -
Insurer Chubb puts a price tag on its share of L.A. wildfire woes
Insurer Chubb Ltd. has estimated its costs related to the Los Angeles fires to be around $1.5 billion before taxes.MarketWatch - 4h -
Microsoft earnings results will take a back seat to burning DeepSeek questions
Microsoft will report fiscal second-quarter earnings on Wednesday afternoon.MarketWatch - 5h
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With Panama Canal-U.S. tensions rising, 'all options on the table,' warns Trump's top maritime official
Trump's new top maritime official Louis Sola tells CNBC 'all options on the table' to punish Panama and defend U.S. business, trade and national security.CNBC - 47m -
The Fed Is About to Hit Pause on Rate Cuts. Here’s Why.
Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.The New York Times - 52m -
UK ministers plan to subsidise EV loans to drive sales
State could underwrite private sector loans to reduce monthly repayments and purchase costsFinancial Times - 1h -
Duping is the sincerest form of flattery for Charlotte Tilbury
The British make-up artist behind the billion-dollar cosmetics brand must live with a wave of imitatorsFinancial Times - 1h -
DeepSeek-driven sell-off puts power demands of AI in doubt, says IEA
Breakthrough suggests artificial intelligence’s appetite for energy may not be as insatiable as previously thoughtFinancial Times - 1h