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Schlumberger’s stock slumps as falling oil prices turn customers cautious
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Business - MarketWatch
LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter sales2 days ago - China -
Business - MarketWatch
Oil prices lose 2% after China offers little detail on stimulus plans
Oil futures ended lower Monday to give back all of last week’s gains and then some, after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to ...3 days ago - China -
Business - Financial Times
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economy3 days ago - United Kingdom -
World - The Guardian
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...3 days ago -
Business - MarketWatch
Treasury yields end at nearly 2-week lows as oil prices fall further and U.K. inflation dives
U.S. government debt rallied slightly on Wednesday, pushing yields broadly lower, as crude-oil futures slipped and the U.K.’s annual consumer-price index inflation rate dropped below the Bank of ...Yesterday -
Business - MarketWatch
Oil prices down for 4th straight session as traders weigh supply and demand
Crude futures on Wednesday marked a fourth straight session of declines, with prices holding ground at their lowest in two weeks as traders focused on an uncertain demand outlook — particularly ...Yesterday -
World - The New York Times
Oil Prices Fall After Israel Reportedly Says It Won’t Target Iran’s Nuclear or Oil Facilities
Brent crude, the international benchmark, was trading at below $74 a barrel on Tuesday, a drop from the $80 range.2 days ago - Israel -
Business - MarketWatch
CSX stock sees biggest drop in 3 years after railroad warns of hurricane impact, discloses SEC subpoena
Shares of CSX Corp. booked their biggest percentage drop in more than three years after the railroad operator on Wednesday said the fourth quarter would be “more challenging” in the wake of falling ...17 hours ago
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Business - MarketWatch
Amex sees strong discretionary spending, but stock retreats after solid 2024 run
The company says new member benefits are resonating with younger generations.18 minutes ago -
Business - MarketWatch
Nvidia’s stock can hit $190 as ‘generational opportunity’ unfolds, says BofA
Nvidia’s free cash flow in the coming years could rival Apple’s, one analyst said.30 minutes ago -
Business - MarketWatch
Netflix’s stock is gaining — but investors should get ready for the new reality
One analyst saw subscriber performance as the biggest highlight of Netflix’s report. But he reminded investors that this metric is going away early next year.35 minutes ago -
Business - MarketWatch
10-year Treasury yield slips from highest since July after housing starts drop
Long-dated Treasury yields were slipping from their highest levels in more than two months as of Friday morning after data showed new-home construction dipped in September.1 hour ago -
Business - MarketWatch
Why investors should be worried about the market’s ‘invincibility syndrome’
Too much optimism means there aren’t many left to buy stocks, says hedge fund manager.1 hour ago