Latest in Increased November Retail Sales Fuel Hopes for Year End Spending Boom
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Johnson's spending nightmare points to grueling GOP problems next year
Donald Trump is opening the door to a government shutdown. At least one conservative is now saying they won’t back Johnson for speaker. It doesn't stop there.Politico - 1h -
Increased November Retail Sales Fuel Hopes for Year-End Spending Boom
Better than expected business at U.S. stores raise hopes of even stronger holiday season buying results—ahead of a potential pullback after Trump’s tariffs are applied in 2025.Inc. - 6h -
U.S. auto sales next year expected to be best since 2019
S&P Global, Edmunds and Cox Automotive expect new auto sales to increase year over year by 2.5% or less to achieve the industry's best results since 2019.CNBC - 6h -
Nuclear bunker sales increase, despite expert warnings they won't provide protection
Global security leaders are warning nuclear threats are growing as weapons spending surged to $91.4 billion last yearABC News - 22h -
Nuclear bunker sales increase, despite expert warnings they aren’t going to provide protection
Global security leaders are warning nuclear threats are growing as weapons spending surged to $91.4 billion last yearABC News - 22h -
U.S. auto sales next year expected to be best since 2019
DETROIT — U.S. new vehicle sales are expected to rise next year to their highest level since 2019, led by lower interest rates and improving affordability, according to industry analysts.NBC News - 1h -
Middle East crisis live: Israel issues fresh Gaza evacuation order despite increasing ceasefire hopes
Residents in parts of central Gaza told to move towards overcrowded ‘humanitarian zone’ that has already been hit by strikes. Here are some of the latest images coming through from Gaza:. ...The Guardian - 3h -
Treasury yields hold steady after November retail sales, industrial production
Treasury yields finished little changed on Tuesday after stronger-than-expected retail sales for November and an unexpected decline in industrial production last month.MarketWatch - 1d -
Retail sales jump on strong auto and internet buying. Economy in good shape for holiday season.
There’s no quit in American shoppers. Retail sales rose faster than expected at the start of the holiday shopping season in November and pointed to steady growth in the U.S. economy.MarketWatch - 1d -
Lions’ Super Bowl hopes hit as injury ends Montgomery and McNeill’s seasons
Detroit endure series on injuries in loss to Buffalo Chiefs’ Patrick Mahomes doubtful after ankle injury The banged-up Detroit Lions took some serious hits in their loss to the Buffalo Bills on ...The Guardian - 2d -
Congress scrambling for stopgap in end-of-year sprint
Congress is scrambling to roll out a government funding bill to avert a shutdown by Friday’s deadline, as lawmakers sprint to wrap up business for the year — and 118th Congress. Speaker Mike ...The Hill - 2d -
China's November retail sales miss expectations as real estate slump deepens
The latest economic data out of China underscores lingering doubts about consumer spending.CNBC - 2d -
Weak China retail sales add to pressure on Beijing to lift economy
Consumption rises less than forecast in November, highlighting why leadership made it the top economic concernFinancial Times - 2d -
Michael Dell Spent 40 Years Preparing for an AI Boom No One Expected
The man who founded Dell in a Texas dorm room has transformed his company. It’s not just about PCs anymore.The Wall Street Journal - 4d -
USWNT stays at No. 1 in year-end FIFA rankings
The United States women's national team ended the year as No. 1 in the FIFA rankings.ESPN - 5d -
Evidence Lacking for $815 Million Increase in 2023 Drug Spending
A review found half of the drugs studied had price increases based on new evidence of benefits, while the other half did not.Inc. - 5d -
Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago
For the month, the deficit totaled $366.8 billion, 17% higher than November 2023CNBC - Dec. 11 -
US equities provide rocket fuel for record ETF flows in November
Virtually every other corner of the ETF investment universe was ground into dust by the onward march of Wall StFinancial Times - Dec. 11 -
TSMC posts 34% surge in November sales in sign of ongoing AI boom
TSMC’s sales have surged over the past two years on the back of booming demand for advanced microchips following the launch of ChatGPT in Nov. 2022MarketWatch - Dec. 10 -
How a SpaceX Veteran Wants to Help U.S. End Shortages of Special Uranium Fuel
Scott Nolan, whose startup General Matter was incorporated this years, wants to scale up nuclear fuel production and shatter Russia’s monopoly.Inc. - Dec. 9 -
High Pacific surface temperatures fuel record warm year
Unusually hot seas lead to more rain, causing flooding in many parts of the worldFinancial Times - Dec. 9 -
Scottie Scheffler ends his big year in the Bahamas with his 9th victory
Scottie Scheffler ended his biggest year with another victoryABC News - Dec. 8 -
Scottie Scheffler ends dominant year with Hero World Challenge success
World No 1 surges to six-shot victory in the Bahamas Tom Kim second as Scheffler earns ninth win of 2024 Another Scottie Scheffler procession. The world No 1’s year ended in fitting fashion, ...The Guardian - Dec. 8 -
Jaguars score final 10 points, end Titans' slim playoff hopes with 10-6 win
Tank Bigsby ran for an 8-yard touchdown with 6:46 left and the Jacksonville Jaguars snapped a five-game skid and ended the Tennessee Titans’ slim playoff hopes Sunday by scoring the final 10 points ...ABC News - Dec. 8 -
The 7 days that ended 50 years of Assad rule — in maps
How a lightning rebel advance toppled a family dynasty in a weekFinancial Times - Dec. 8 -
Payrolls increased 227,000 in November, more than expected; unemployment rate at 4.2%
Nonfarm payrolls were expected to rise 214,000 in November, according to the Dow Jones consensus forecast.CNBC - Dec. 6 -
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HPE sees more than 30% growth in server sales as AI boom rolls on
HPE’s stock has been the most understated of the three big AI server names this year.MarketWatch - Dec. 6 -
Treasury yields end mixed as November jobs data looms
The policy-sensitive 2-year Treasury yield advanced on Thursday while the longest-dated rates slipped ahead of Friday’s release of November jobs data, which is expected to show the U.S. labor ...MarketWatch - Dec. 5 -
Kroger’s sales growth dinged by lower fuel prices and more — but it says many shoppers ‘feel better’
Supermarket giant Kroger said lower fuel prices and the sale of its specialty-pharmacy business weighed on third-quarter sales, and that it expects fourth-quarter same-store sales to be lower than ...MarketWatch - Dec. 5 -
Costco’s November online sales hit by timing of holiday deals
Costco Wholesale Corp. on Wednesday reported November sales growth that slowed from the prior month, as lower gas prices weighed on consumers and e-commerce sales took a hit due to a shift in the ...MarketWatch - Dec. 5 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
Congressional GOP offers new proposal on year-end health package
Republicans on Capitol Hill have sent a preliminary offer to Democrats for numerous health care policies to be tacked onto the continuing resolution that lawmakers are moving to complete before the ...The Hill - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
Hiccups in ETFs tracking MicroStrategy occurring as bull market fuels trading boom in single-stock funds
Single stock ETFs are seeing high trading volumes, and some are showing signs of stress.CNBC - Dec. 4 -
Dollar Tree CFO Departs; Raises Full-Year Sales View
Dollar Tree is parting ways with its top finance executive a month after its CEO stepped down. The discount retailer has also raised its full-year sales guidance in light of strong third-quarter ...The Wall Street Journal - Dec. 4 -
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A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
Billion dollar squirrel: Trump effect fuels crypto’s ‘memecoin’ boom
Tokens based on online viral moments outpace bitcoin over past month but critics say they reflect market frothFinancial Times - Dec. 4 -
Children’s Place profit nearly halves as troubled retailer’s turnaround efforts dampen sales
Troubled retailer is moving away from unprofitable sales and offers of free shipping.MarketWatch - Dec. 3
