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Retail sales post solid gain in September, showing a continued strong economy
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Business - MarketWatch
Treasury yields spike after retail sales and jobless data point to strong economy
Treasury yields bounced off their lowest levels in almost two weeks on Thursday after data on retail sales and jobless claims pointed to ongoing strength in the U.S. economy.2 hours ago -
Business - CNBC
Retail sales rose 0.4% in September, better than expected; jobless claims dip
Consumer spending held up in September, underscoring a resilient economy.2 hours ago -
World - ABC News
China’s exports slow sharply in September, adding to worries over the economy
China’s exports slowed sharply in September as global demand weakened, adding to worries over how to recharge growth in the world's second-largest economy3 days ago - China -
Business - The Wall Street Journal
China's September Auto Sales Reverse Five-Month Declines
China’s passenger-vehicle sales rose in September, reversing five months of declines thanks to supportive government policies and improving consumer sentiment.5 days ago - China -
Business - Financial Times
Reeves expected to focus rise in capital gains tax on share sales
Chancellor likely to increase CGT in October 30 Budget as part of efforts to close £40bn funding gap16 hours ago -
Politics - The Hill
National Retail Federation predicts record 2024 holiday sales
Holiday sales are poised to set a new record in 2024 and could increase by as much as 3.5 percent from 2023, the National Retail Federation (NRF) announced Tuesday. The NRF forecasts holiday retail ...Yesterday -
Business - Financial Times
IMF chief warns of ‘unforgiving’ debt backdrop and low growth
Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challenge2 hours ago
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‘A disappointment to home buyers’: Mortgage rates surge to a two-month high
The 30-year mortgage rate is averaging 6.44%, Freddie Mac said in its latest weekly survey on Thursday.26 minutes ago - Mortgage -
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Elevance Health’s stock slumps 13% as profit dented by ‘unprecedented’ Medicaid challenges
Elevance Health Inc.’s stock tumbled 13% Thursday and weighed on rivals after the health insurer’s third-quarter profit fell short of estimates amid ”unprecedented” challenges in the Medicaid ...44 minutes ago -
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AbbVie wins FDA nod for infusion treatment for advanced Parkinson’s disease
Vyalev is the first subcutaneous 24-hour continuous infusion of levodopa-based therapy for advanced Parkinson’s disease.54 minutes ago -
Business - MarketWatch
LVMH executive says it would be a mistake to offer more affordable products. Here’s why he’s right.
The comments come as the French luxury brand saw a 3% sales decline this quarter.55 minutes ago