China retail sales beat forecasts in October while real estate slump worsens

Retailers Adjust Holiday Sales Plans to Handle Rising Consumer Stress Levels

Shoppers’ worries about the presidential election and its economic consequences threaten holiday season spending. Retailers are scrambling to limit pullbacks.

Business - Inc. - October 23

October jobs forecast shaved to 110,000 after Boeing strike and hurricanes

The final U.S. jobs report before the presidential election is expected to be a crummy one, but it’s not Washington’s doing. Instead, a major strike at Boeing and a pair of deadly hurricanes would ...

Business - MarketWatch - October 31

Lloyds beats earnings forecasts as lending rises

Mortgage book grows as customers take advantage of fall in interest rates

Business - Financial Times - October 23

Babcock Results Beat Forecasts on Strong Defense Demand

The defense company—a major contractor for the U.K. government—posted higher revenue and operating profits for the first half of its financial year fueled by geopolitical tensions.

Business - The Wall Street Journal - Yesterday

Boot Barn stock slides after CEO departure announcement, but Western-wear retailer’s forecast is more upbeat

Western-themed retail chain Boot Barn Holdings Inc. on Monday said its chief executive would be leaving next month, while forecasting better sales and profits for the full year.

Business - MarketWatch - October 29

European football: Leverkusen rocked by Bremen as Napoli stretch Serie A lead

Xabi Alonso blames ‘soft defending’ for last-gasp draw Napoli extend unbeaten run and go five points clear Bayer Leverkusen’s sloppy performance in their 2-2 draw at Werder Bremen in the ...

World - The Guardian - October 26

Heineken Sales Miss Forecasts as Consumers Shy Away From Beer

The Dutch brewer posted sales below analysts’ expectations in the third quarter as the group grappled with challenging consumer and industry trends in some markets, particularly the Americas and ...

Business - The Wall Street Journal - October 23

American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss

American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.

Business - CNBC - October 24

How are investors preparing for the Budget?

Executives are seeking to minimise their exposure ahead of what could be the biggest tax-raising statement for a generation

Business - Financial Times - October 29

Apple cautious on holiday outlook as it starts AI rollout

Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ features

Business - Financial Times - November 1

Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console

Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.

Business - CNBC - November 5

Nintendo Cuts Switch Sales Forecasts After Weak Results

The Japanese videogame maker cut its annual forecasts for Switch console and software sales after disappointing first-half results.

Business - The Wall Street Journal - November 5

Nintendo cuts profit guidance on reduced Switch sales forecast

Nintendo on Tuesday trimmed its sales and profit guidance for the March-ending fiscal year, citing reduced demand for the Nintendo Switch.

Business - MarketWatch - November 5

Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves

The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.

Business - The Wall Street Journal - November 6

Vietnamese real estate tycoon sentenced to life for billions in fraud in government graft crackdown

A Vietnamese real estate tycoon has been convicted of fraudulently obtaining property worth billions of dollars and sentenced to life in prison in a case that has been a centerpiece of the ...

World - ABC News - October 17

Do real estate agents have to disclose if someone died in a house? Here's how to find out

Disclosure laws around stigmas will depend on where you are buying a home. If a home's history matters to you in your home purchase, here's what to do.

Business - CNBC - October 21

Spirit Halloween bets on struggling real estate to fuel its growing business. Here's how

Spirit Halloween must strategically execute its real estate operations to open its more than 1,500 pop-up stores each year.

Business - CNBC - October 23

I’m buying a house. My real-estate agent asked me to sign an exclusive contract. Is this the new normal?

“Should we be on the lookout for anything important when signing a contract with a buyer’s agent?”

Business - MarketWatch - October 25

Real-estate agents on how they handle haunted homes in an already-scary housing market

This Halloween, real-estate agents reflect on some of the creepiest, spookiest homes they’ve helped buy or sell — or lived in themselves.

Business - MarketWatch - November 2

Here's how much JD Vance is worth, from his bitcoin to real estate

JD Vance, former President Trump's running mate, has come a long way from his hardscrabble childhood of "Hillbilly Elegy."

Michael Bloomberg’s $50 million donation to Harris campaign could be half of what the billionaire’s real estate is worth

From the Hamptons to the Bahamas, Bloomberg has amassed an incredible portfolio of lavish properties around the globe.

Business - MarketWatch - November 4

The average age of U.S. homebuyers jumps to 56—homes are 'wildly unaffordable' for young people, real estate expert says

With home prices up nearly 40% since 2020, buyers are now wealthier and older, making them more likely to outbid younger buyers with all-cash offers.

Business - CNBC - November 4

Here's how much Donald Trump is worth, from his DJT stock to real estate

Donald Trump is still a billionaire, but his net worth has fluctuated sharply this year along with the value of one of his main investments.

Average age of first-time homebuyers is 38, an all-time high. Here's what that says about the real estate market

The typical first-time homebuyer is now 38 years old, a record high, according to the National Association of Realtors.

Business - CNBC - November 5

Trump appoints real estate investor, golf partner as Middle East peace envoy

Politics - Politico - 2 days ago

Man City's slump, Real Madrid lose Militao, Chelsea-Arsenal fallout, more

Man City's fourth straight loss shows the reality that they're not close to where they need to be. PLUS: Real Madrid suffer another critical injury, why Chelsea will be happier than Arsenal, and ...

Sports - ESPN - 2 days ago

Amazon, Walmart and Aldi compete to offer supercheap Thanksgiving meals — while other retailers wait in the wings

Good news for Thanksgiving shoppers: Your holiday meal could be cheaper than it was last year.

Business - MarketWatch - October 31

Wall Street is bullish on one portfolio retail stock while raising concerns about another

We're talking about Home Depot and Best Buy.

Business - CNBC - 6 days ago

Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto market

Business - Financial Times - October 25

Richemont Sales Fall as Luxury's China Woes Linger

The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.

Business - The Wall Street Journal - November 8

Kering Warns on Profit After Sales Slump Due to Gucci Revamp, Asia Woes

The French luxury group posted third-quarter revenue below analysts’ estimates and said it expects operating profit to nearly halve this year.