Latest in Lucid slightly tops Wall Street's third quarter expectations amid widening losses
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Oil giant Shell posts $6 billion profit beat, launches new share buyback program
British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.Business - CNBC - October 31 -
Global gold demand tops $100 billion for first time ever in third quarter
Global gold demand climbed to a third-quarter record high, with the value of demand for the precious metal topping $100 billion for the first time ever, according to a report from the World Gold ...Business - MarketWatch - October 30 -
UK economy stalls in third quarter
GDP shrinks in September, highlighting challenges for Labour’s growth promisesBusiness - Financial Times - November 15 -
E. coli outbreak linked to McDonald's Quarter Pounders widens
Dozens more people have gotten sick in the E. coli outbreak linked to McDonald's Quarter Pounders. While the source of the outbreak has not been confirmed, other fast food chains are removing raw ...Top stories - CBS News - October 25 -
McDonald's, Boeing experience Wall Street struggles
It's been a mixed week for stocks amid a flurry of corporate news, including problems for fast food giant McDonald's, as it deals with an E. coli outbreak possibly linked to its Quarter Pounders. ...Top stories - CBS News - October 26 -
Wall Street tribes hunt for election victory
Plus, big loans for companies with Nvidia chips raise concerns over tech giant’s dominanceWorld - Financial Times - November 5 -
Wall Street’s Blindspot That Helps Small Investors
Thirty-two percent returns from the $2.4 trillion baby boomer trend?Business - Inc. - November 12 -
CNBC's Sorkin: Wall Street spooked by Gaetz nomination
CNBC’s Andrew Ross Sorkin spoke out on President-elect Trump’s nomination of now-former Rep. Matt Gaetz (R-Fla.) for attorney general, saying the decision resulted in a “shift in tone” for Wall ...Politics - The Hill - November 15 -
Stocks Fall as Wall Street’s Election Enthusiasm Subsides
The post-election rally has lost steam, with the S&P 500 down 2 percent for the week. But major stock indexes are still up since Election Day.Business - The New York Times - November 15 -
Israel Pounds Area Near Beirut Amid Signs of a Widening Offensive
Israel and Hezbollah indicated they were clashing deeper inside Lebanese territory. An escalation could undermine efforts to reach a cease-fire, as Iran’s leader signaled he supported ending the ...World - The New York Times - November 15 -
Lucid has high expectations for new Gravity SUV as customer orders set to open
The Gravity is Lucid's second vehicle following the Air sedan, which the luxury EV manufacturer has been selling in small numbers since late 2021.Business - CNBC - October 29 -
Lucid has high expectations for new Gravity SUV as customer orders set to open
Electric vehicle startup Lucid Group is counting on its upcoming Gravity SUV to assist the automaker in a “significant increase” in sales volumes to narrow the company’s losses, according to CEO ...Top stories - NBC News - October 29 -
Rivian’s losses widen, but investors like hearing of ‘progress’ in next-gen EV
Rivian posted a wider loss and lower sales than Wall Street expected, but says it is making progress with its next-generation EV platform.Business - MarketWatch - November 8 -
AST SpaceMobile stock slides after Q3 loss widens
Shares of AST SpaceMobile Inc. fell in extended trading Thursday after the space-based broadband company’s third-quarter loss widened.Business - MarketWatch - November 15 -
Life expectancy gap in the U.S. widens to 20 years: "Truly alarming"
Life expectancy in the United States varies by more than 20 years depending on race and ethnicity and where you live, according to new research.Top stories - CBS News - 2 days ago -
Eurozone economy grows 0.4% in third quarter
Figure beats expectations of 0.2% expansionBusiness - Financial Times - October 30 -
GDP Report Shows US Economy Grew at 2.8% Rate
In a key economic report released just days before the presidential election, gross economic product rose at a 2.8 percent rate in the third quarter.Business - The New York Times - October 30 -
US GDP rose at a 2.8% rate in third quarter on strong consumer spending
Final reading before presidential election was shy of expectations, but shows biggest economy is in robust healthBusiness - Financial Times - October 30 -
US economy grew at robust pace in third quarter
U.S. GDP grew at a 2.8% annualized rate over three months ending in September.Top stories - ABC News - October 30 -
Amazon's advertising business grew 19% in the third quarter
Amazon's online advertising business jumped 19% year over year to $14.3 billion in the third quarter.Business - CNBC - October 31 -
Druckenmiller poured into regional banks in the third quarter
Stanley Druckenmiller made a big bet on regional banks in the third quarter, that’s likely paid off after a Republican sweep in the elections.Business - MarketWatch - November 15 -
Eurozone wages rise by 5.4% in third quarter
ECB forecasts growth in negotiated salary deals to slow after biggest increase since 1990sWorld - Financial Times - 3 days ago -
Nvidia nearly doubles revenue on strong AI demand
Nvidia reported earnings after the bell. Here are the results.Business - CNBC - 3 days ago -
Top UK government lawyer pushes ‘revolving door’ as pay gap widens
The Government Legal Department is losing staff as big US law firms spur salary increases in the private sectorWorld - Financial Times - 6 days ago -
Markets are moving in mysterious ways — and Wall Street is struggling to explain why
Traditional relationships between stocks, bonds, currencies and commodities like gold are breaking down once again in 2024. This time, even many financial professionals are at a loss to explain ...Business - MarketWatch - October 26 -
A New Business on Wall Street: Defending Against D.E.I. Backlash
Companies are conducting vulnerability assessments, compiling research reports and writing plans for what to do if their diversity efforts come under attack.Business - The New York Times - October 27 -
Visa says spending trends are stable, and this time Wall Street agrees
Visa’s CFO expects the “stable and resilient consumer” to keep up such spending trends into the company’s new fiscal year.Business - MarketWatch - October 29 -
Wall Street Giants to Make $50 Billion Bet on AI and Power Projects
KKR and Energy Capital Partners plan to invest in development of data centers and the power infrastructure to support them.Tech - The Wall Street Journal - October 30 -
Robinhood earnings disappoint Wall Street despite company’s upward trajectory
The online brokerage’s third-quarter earnings missed analyst forecasts for both revenue and earnings per share.Business - MarketWatch - October 31