Latest in Costco shoppers stocked up on supplies as hurricanes, port strike hit. The trend hurt sales in October.
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Costco shoppers stocked up on supplies as hurricanes, port strike hit. The trend hurt sales in October.
The warehouse retailer says demand was “negatively affected” by “abnormal consumer activity” tied to the September events.Business - MarketWatch - November 7 -
October jobs take a hit from hurricanes, strike
This month's report reflects a lot of noise due to hurricanes, Boeing machinists strike.Politics - CBS News - November 1 -
Chipotle’s new CEO maintains focus on faster service as sales fall short
Shares of Chipotle Mexican Grill Inc. fell after hours on Tuesday after the Mexican fast-casual chain reported quarterly sales trends that were a bit weaker than expected.Business - MarketWatch - October 30 -
UK shoppers hit by taramasalata shortage after strike
Workers at food manufacturer Bakkavor have walked out in a dispute over payBusiness - Financial Times - November 11 -
A double whammy of tariffs and strikes is coming for U.S. trade and the global supply chain in early 2025
Shippers and logistics companies are gaming out a complex early 2025 as President-elect Donald Trump may hike tariffs, and East and Gulf Coast ports may strike.Business - CNBC - 4 days ago -
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 -
U.S. job growth in October hampered by hurricanes and Boeing strike
The Labor Department has released October's jobs report with employment growth slowed during the month due to Hurricanes Milton and Helene along with the Boeing strike. CBS News MoneyWatch ...Top stories - CBS News - November 1 -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - October 30 -
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Israeli strikes hit ‘specific component’ in Iran’s nuclear programme in October
PM Netanyahu revealed details in parliament despite US pressure to avoid targeting nuclear sitesBusiness - Financial Times - 5 days ago -
U.S. added just 12,000 jobs in October, reflecting impact of strikes and 2 devastating hurricanes
The U.S. added just 12,000 jobs last month, a figure economists say was impacted by two hurricanes and a strike.Top stories - NBC News - November 1 -
Why are so many NFL kickers getting hurt? Specialist switches have been trending up this season
The kicker carousel has spun frequently around the NFL this fallSports - ABC News - November 15 -
U.S. economy added just 12,000 jobs in October, impacted by hurricanes, Boeing strike
Nonfarm payrolls were expected to increase by 100,000 in October, according to the Dow Jones consensus estimate.Business - CNBC - November 1 -
US adds just 12,000 jobs as storms and strikes hit labour market
October figure far below average forecast of 100,000 job gains and comes just four days before US electionBusiness - Financial Times - November 1 -
Papa John’s stock falls as same-store sales hurt by still-cash-strapped consumer
Pizza chain says it’s still operating in a challenging consumer environment.Business - MarketWatch - November 7 -
The valuation warning for Costco and other higher-rated stocks
When companies approach extreme price levels, gravity loomsWorld - Financial Times - 4 days ago -
Ford's October vehicle sales increase 15.2% from subdued levels due to labor strike in 2023
Ford on Monday reported a 15.2% increase in U.S. new vehicles sales in October compared with subdued levels during a union strike in October 2023.Business - CNBC - November 4 -
Costco’s Packaging Flub Churns Up a Butter Recall
The retailing chain has recalled 80,000 pounds of butter because its packaging omitted an allergen warning. It follows a more dramatic packaging stumble from Mattel last week.Business - Inc. - November 12 -
Would Carolina Panthers trade Bryce Young? Jets break losing streak & stock up Jalen Hurts | Inside Coverage
Jason Fitz, Charles Robinson & Frank Schwab break down the Houston Texans and New York Jets game, look at potential trades ahead of the deadline & share insight from C Rob's Week 8 QB Room.Sports - Yahoo Sports - November 1 -
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Stock for Sale by Cabinet Members
Trump’s picks for Treasury secretary and commerce secretary both lead Wall Street firms. Here’s what that could mean for their finances and businesses.Business - The New York Times - 22 hours ago -
Ukraine strikes Russia with U.S.-supplied missiles
Ukraine struck Russia with U.S.-supplied long-range missiles known as ATACMS, prompting Russian President Vladimir Putin to respond with a nuclear threat. Holly Williams has the latest.Top stories - CBS News - 4 days ago -
Boeing’s stock fails to hold gains after strike ends, but bonds are holding up
Spreads on Boeing’s outstanding bonds are moving tighter on the day after workers voted to end a 53-day strike.Business - MarketWatch - November 5 -
October Retail Sales Figures Signal Economic Resilience
A positive October sales report shows a strong retail market.Business - Inc. - November 16 -
Spirit Airlines flight hit by gunfire in Port-au-Prince
A Spirit Airlines flight was hit by gunfire in Port-au-Prince, Haiti. The flight was headed to Fort Lauderdale, Fla., and was diverted when it was hit. The airline said Flight 951 landed safely in ...Politics - The Hill - November 11 -
UK renters hit by housing supply squeeze
Number of new properties coming to market is weakest since 2021, driving rent rises, Rics survey findsWorld - Financial Times - November 14 -
Wholesale prices up 0.2% in October
A day after the CPI report revealed a rise in inflation for October, the producer price index is showing a similar increase for wholesale goods. CBS News MoneyWatch correspondent Kelly O'Grady has ...Top stories - CBS News - November 14 -
Jobless rate ticks higher in October for white Americans, bucking the broader trend
The unemployment rate for white workers crept higher in October, running counter to the overall trend.Business - CNBC - November 1 -
Inflation Rose Slightly in October, But Two-Year Downward Trend Remains
Higher prices on rent, used cars and air fares contributed to a statistical bump in the Labor Department’s measures of inflation, which most affect consumers.Business - Inc. - November 13 -
AMD’s stock is getting hurt by this ‘unpalatable’ reality
One analyst says that AMD’s muted guidance is unlike what Wall Street has come to expect of “AI names.”Business - MarketWatch - October 30 -
Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceBusiness - Financial Times - October 31 -
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Joe Biden’s overdue missile consent for Ukraine
Allies should provide Kyiv with all the aid they can ahead of the Trump presidencyBusiness - Financial Times - 6 days ago -
Starmer declines to rule out allowing Kyiv to use Storm Shadow missiles in Russia
UK premier under increasing scrutiny after Biden authorised deployment of US-supplied long-range weaponsBusiness - Financial Times - 5 days ago -
Chinese tech groups build AI teams in Silicon Valley
Alibaba, ByteDance and Meituan seek to poach top talent from US rivals despite Washington’s chip curbsBusiness - Financial Times - 5 days ago -
Job growth stalls at 12,000 in October after hurricanes upend Southeast
The U.S. added 12,000 jobs and the jobless rate stayed flat at 4.1 percent in October, according to data released Friday by the Labor Department, upending a string of strong economic data leading ...Politics - The Hill - November 1
