Read more at The Wall Street Journal.
U.S. Steelmakers Warn of Lower Profits as Manufacturers Slow Factories
Date: |
Topics
-
MarketWatch - Business
Nucor’s stock falls after steelmaker issues profit warning, citing lower selling prices
Nucor’s stock slumped Tuesday after the steelmaker maker warned investors of a third-quarter profit shortfall, as lower selling prices weighed on its steel-mill business.Yesterday -
The Wall Street Journal - Business
Kingfisher Lifts Lower End of Guidance As Profits Rise
B&Q owner Kingfisher raised the lower end of its fiscal 2025 profit guidance above market expectations, after the B&Q owner posted higher earnings for the first half, despite weaker sales.Yesterday -
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.Yesterday -
NBC News - Top stories
Fed goes big with interest rate cut in a bid to head off an economic slowdown
The Federal Reserve said Wednesday it was lowering its interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.14 hours ago - Federal Reserve -
MarketWatch - Business
Investors should brace for lower stock-market returns over the next decade, JPMorgan warns
Millennials and Generation Z might not enjoy the robust returns from U.S. stocks that helped swell the retirement accounts of their parents and grandparents, according to a team of equity analysts ...Yesterday -
MarketWatch - Business
The U.S. economy is strong by one measure. Why the Fed is set to lower borrowing costs anyway.
A giddy Wall Street projects the Federal Reserve will dramatically reduce interest rates over the next year, even though the U.S. economy seems to be growing rapidly. Odd? Not at all, economists say.19 hours ago -
Wired - Tech
It’s the Last Day of the All-Clad Factory Seconds Sale
All-Clad cookware is the best you can buy—and it has a price tag to match. This sale will stretch your dollars.21 hours ago
More from The Wall Street Journal
-
The Wall Street Journal - Business
Salesforce Taps Nvidia to Develop AI-Powered Avatars
The San Francisco companies said the collaboration will develop autonomous-agent and interactive-avatar experiences.Yesterday -
The Wall Street Journal - Business
Sean 'Diddy' Combs Charged With Multiple Counts of Sex Trafficking, Racketeering
Prosecutors allege Combs repeatedly abused and assaulted women, according to an indictment.Yesterday -
The Wall Street Journal - Business
BlackRock, Global Infrastructure Partners, Microsoft, MGX Launch AI Partnership
The partnership, called the Global AI Infrastructure Investment Partnership, will additionally build out energy infrastructure to create power sources for the facilities, the companies said.Yesterday -
The Wall Street Journal - Business
Musk Vows Legal Action After FAA Urges Fines Against SpaceX
The rocket company’s CEO accuses the Federal Aviation Administration of “regulatory overreach” after the agency alleges the company violated launch regulations.Yesterday - Elon Musk -
The Wall Street Journal - Business
Transportation Department Blesses Alaska Air-Hawaiian Merger, With Strings
The carriers secured clearance from the Transportation Department to proceed with their merger, conditioned on the airlines maintaining service on crucial routes, preserving the value of ...Yesterday - Alaska