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Nordstrom raises sales outlook after holiday season was better than feared
CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."CNBC - Jan. 11 -
Treasury yields jump after US jobs report smashes expectations
Bank of America says ‘gangbusters’ figures will dash hopes for further Federal Reserve rate cutsFinancial Times - Jan. 10 -
10-, 30-year Treasury yields end at highest since November 2023 after strong jobs report
Yields on 10- and 30-year U.S. government debt finished at their highest levels in over a year on Friday after December payrolls data came in stronger than expected, reducing market expectations ...MarketWatch - Jan. 10 -
Delta outlook tops estimates as CEO expects 2025 to be airline's 'best financial year in our history'
Delta's CEO said strong travel demand is driving revenue higher.CNBC - Jan. 10 -
10-year Treasury yield spikes to highest level since late 2023 after hotter-than-expected jobs report
U.S. Treasury yields jumped after December's jobs report was stronger than expected.CNBC - Jan. 10 -
December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - Jan. 10 -
December jobs report expected to show hiring slowdown
The December jobs report is set to be released later Friday morning and it's expected to show slowing growth. According to a survey of forecasters by the data firm FactSet, U.S. employers are ...CBS News - Jan. 10 -
Report is expected to add clarity after some erratic months.
Without the gyrations caused by strikes and storms, the overall picture for the close of 2024 is expected to reflect steady growth.The New York Times - Jan. 10 -
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.The New York Times - Jan. 9 -
Sources: Batting champ Luis Arraez fits Mets better than Yankees
The Mets seem slightly more open to trading to Luis Arraez than the Yankees do.Yahoo Sports - Jan. 9 -
10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.CNBC - Jan. 8 -
Self-made millionaire's advice to couple expecting to earn 4x more in the next 2 years after struggling with salary gap
Self-made millionaire Ramit Sethi followed up with one of the first couples he interviewed on his podcast two years ago to see how they're doing.CNBC - Jan. 8 -
UK 10-year borrowing costs hit highest level since 2008
Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rulesFinancial Times - Jan. 8 -
Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live
Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...The Guardian - Jan. 8 -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - Jan. 8 -
The UK music industry is reporting record revenues. The reality is much gloomier | Eamonn Forde
We’re apparently spending more on music than any time since the CD era – but the calculation methods are archaic, and don’t reflect the low incomes for many artists. • News: UK music sales hit ...The Guardian - Jan. 8 -
‘He left the world better than he found it’: Harris honors Carter with eulogy
Vice President Kamala Harris delivered a eulogy honoring former President Jimmy Carter and his accomplishments during his memorial at the U.S. Capitol.NBC News - Jan. 7 -
Jimmy Carter's funeral will bring some closings. What to expect.
President Joe Biden designated Thursday, Jan. 9, as a national day of mourning for former President Jimmy Carter.CBS News - Jan. 7 -
10-year Treasury yield ends at highest since April as inflation worries grow
U.S. government debt sold off aggressively on Tuesday, pushing the benchmark 10-year rate to its highest level in more than eight months, after an ISM services-sector reading contained signs of ...MarketWatch - Jan. 7 -
Oil futures settle at their highest level since October
Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with and buoyed by expectations for stronger demand.MarketWatch - Jan. 7 -
UK long-term borrowing costs hit highest level since 1998
Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rulesFinancial Times - Jan. 7 -
Carvana gets its first upgrade since Hindenburg short-selling report
Carvana, the online used-car retailer that last week was the target of a short-selling research report, got its first broker upgrade since then which says the controversy has sparked a buying ...MarketWatch - Jan. 7 -
Nvidia, chip stocks pop after Foxconn reports record revenue
Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has far more room to run.CNBC - Jan. 6 -
30-year Treasury yield ends at highest since November 2023 after report of Trump tariff plans
Yields on U.S. government debt finished mostly higher on Monday as traders focused on a report about President-elect Donald Trump’s plans for applying tariffs.MarketWatch - Jan. 6 -
Manchester United's well-earned draw at Liverpool points to better times ahead
Sunday's well-earned draw was as good as Man United have looked under Ruben Amorim, and provides hope.ESPN - Jan. 6 -
German inflation rises more than expected to 2.9% in December
German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.CNBC - Jan. 6 -
UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget', survey finds
Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.CNBC - Jan. 6 -
Child sex abuse inquiry chair urges government to implement 2022 report in full
A campaign group led by Prof Alexis Jay also warns against "politicising" sexual violence.BBC News - Jan. 6 -
US housing supply reaches highest total since 2019: Redfin
Per Redfin, active listings have been rising 0.5% month over month and 12.1% year over year on a seasonally adjusted basis.The Hill - Jan. 4 -
Trump Has Reeled in More Than $200 Million Since Election Day
The president-elect has boasted about the donations for his inauguration, library and political activities from those seeking favor or perhaps in some cases, atonement.The New York Times - Jan. 4 -
Why a home equity loan could be better than a HELOC this January
There's a strong case to be made for choosing a home equity loan over a HELOC this month. Here's what to consider.CBS News - Jan. 3 -
Treasury yields end higher after ISM’s stronger-than-expected manufacturing data
Yields on U.S. government debt finished slightly higher on Friday after a manufacturing-related reading showed signs of improvement for the struggling sector.MarketWatch - Jan. 3 -
Jeff Bezos says everything on Earth is better than it was 50 years ago—except for 1 thing
Amazon founder Jeff Bezos says the "good old days" are a myth, and everything is getting better — except for the state of Earth's natural environment.CNBC - Jan. 3 -
Ford and GM report best annual U.S. sales since 2019
Both General Motors and Ford reported their best annual U.S. new vehicle sales since 2019, prior to impacts from Covid and yearslong supply chain problems.NBC News - Jan. 3 -
Paul Goldschmidt, joining Yankees, says of his 2024 season with Cardinals: ‘I’m better than this’
Paul Goldschmidt went through a miserable first four months last year, including a career-worst 0-for-32 slide that ended with a May 11 ninth-inning single to avoid his first five-strikeout game.Yahoo Sports - Jan. 3 -
Kweichow Moutai Expects to Meet Revenue Growth Target Despite China Market Woes
Chinese liquor giant Kweichow Moutai expects to meet its revenue growth target for 2024 despite subdued consumer sentiment and slumping wholesale prices in its home market.The Wall Street Journal - Jan. 2 -
New Yankees 1B Paul Goldschmidt looking to bounce back from down 2024 season: 'I’m better than this'
Paul Goldschmidt was introduced as the newest member of the Yankees on Thursday, saying he's hopeful he'll bounce back from his down season in 2024.Yahoo Sports - Jan. 2 -
Bourbon Street expected to reopen on Thursday after deadly attack: Report
New Orleans plans to reopen Bourbon Street to the public Thursday after the deadly attack on New Year’s Day. Shamsud-Din Jabbar, 42, rammed a pickup truck down the crowded street early Wednesday, ...The Hill - Jan. 2 -
UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - Jan. 2 -
Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal
Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.The Wall Street Journal - Jan. 2