Retail Sales Rose 1% in July, Well Above Expectations

Retail sales rose 0.4% in September, better than expected; jobless claims dip

Consumer spending held up in September, underscoring a resilient economy.

Business - CNBC - October 17

30-year Treasury yield ends at highest since July after retail-sales, jobless data point to strong economy

U.S. government debt sold off on Thursday, sending Treasury yields up from their lowest levels in almost two weeks, after data on retail sales and jobless claims pointed to ongoing strength in the ...

Business - MarketWatch - October 17

IMF chief warns of ‘unforgiving’ debt backdrop and low growth

Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challenge

Business - Financial Times - October 17

Iran foreign minister visits Egypt as leaders try to contain regional war

Middle East officials step up diplomatic effort as Israel says it killed Hamas leader Yahya Sinwar in strike on Gaza

Business - Financial Times - October 17

Retail Sales Surpass Expectations, Sign of Solid US Economy

A new report showing a rise in retail sales in September indicates that consumer spending, a key engine of economic growth, remains robust.

Business - The New York Times - October 17

China reports better-than-expected retail sales and industrial production data

The data comes after a flurry of recent announcements from authorities as Beijing seeks to boost consumption and support its flagging real estate sector.

Business - CNBC - October 18

Treasury yields jump after better-than-expected retail sales, drop in jobless claims

U.S. Treasury yields were higher on Thursday as investors parsed the latest economic data.

Business - CNBC - October 17

Retail sales post solid gain in September, showing a continued strong economy

Retail sales increased 0.4% in September, with strength in a broad range of categories that overcame weak gas and auto spending, the U.S. Commerce Department said Wednesday.

Business - MarketWatch - October 17

Euro zone growth hits two-year high of 0.4%, beating expectations

Economists polled by Reuters expected 0.2% growth following the bloc's 0.3% expansion in the second quarter.

Business - CNBC - October 30

Bud Light Owner's U.S. Sales Bounce Back After Boycott

After over a year of seeing its American sales hammered by a boycott, Anheuser-Busch InBev said its U.S. sales had bounced back, helping the Bud Light owner partly outweigh big drops internationally.

Business - The Wall Street Journal - October 31

National Retail Federation predicts record 2024 holiday sales

Holiday sales are poised to set a new record in 2024 and could increase by as much as 3.5 percent from 2023, the National Retail Federation (NRF) announced Tuesday. The NRF forecasts holiday retail ...

Politics - The Hill - October 15

Hizbollah warns of escalation in Israel conflict after Yahya Sinwar killing

Threat from Lebanese militant group follows death of Hamas leader in firefight in Gaza

Business - Financial Times - October 18

British retail sales beat forecasts to rise for third straight month

Tech purchases fuel unexpected growth of 0.3%

Business - Financial Times - October 18

How small Canadian retailers are thriving on multiple sales channels

World - Yahoo News - October 22

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

Retailers Can Expect Another Record-Breaking Holiday Season

The National Retail Federation anticipates up to $990 billion in holiday sales despite inflation-wary consumers.

Business - Inc. - October 15

Holiday Sales Growth Expected to Normalize to Prepandemic Levels

Despite shoppers’ election-year concerns and worries about the economy, retail executives predict sales to increase as much as 3.5 percent over last year’s holiday season.

Business - The New York Times - October 15

Danone Sales Growth Beats Market Expectations

The French food company confirmed its full-year guidance after a strong performance in North America and robust growth in sales volumes helped it deliver higher-than-expected organic revenue growth ...

Business - The Wall Street Journal - October 24

Carlsberg Misses Sales Expectations on Weak Consumer Backdrop

The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.

Business - The Wall Street Journal - October 31

Novo Nordisk's Wegovy Sales Beat Expectations

The pharmaceutical giant’s blockbuster weight-loss drug beat sales expectations in the third quarter, sending shares higher in early trade.

Business - The Wall Street Journal - 3 days ago

Slot hails 'hardest' win as Liverpool stays above Man City by beating Chelsea 2-1 in Premier League

Liverpool is looking more and more like Manchester City’s main title rival after beating resurgent Chelsea 2-1 to stay top of the Premier League table

Sports - ABC News - October 20

U.S. crude oil prices rise more than 2%, extend gains to above $72 per barrel

Traders increasingly view a supply disruption in the Middle East due to Israel-Iran tensions as unlikely.

Business - CNBC - October 22

2024 World Series: Ticket prices for Yankees vs. Dodgers Game 1 soar above previous Fall Classics

The current get-in price for Game 1 at Dodger stadium is over $1,200

Sports - CBS Sports - October 22

U.S. crude oil edges lower after worst day in two years

Goldman expects Brent prices to recover to $77 per barrel in the fourth quarter.

Business - CNBC - October 29

Holiday sales growth could slow to pre-pandemic levels, retail group says

U.S. holiday-season spending is likely to hit another record, a major retail-industry group said Tuesday, but it added that sales growth is likely to slow as consumers continue to grapple with ...

Business - MarketWatch - October 16

How Walmart’s Early Launch Date Resets Retail’s Black Friday Sales Pace

The retail giant is getting a head start on holiday sales, with year-end promotions starting November 11.

Business - Inc. - October 29

E.l.f. shares soar as cosmetics retailer raises guidance after posting 40% sales gain

E.l.f. Beauty raised its full year guidance after posting a 40% jump in sales.

Business - CNBC - 2 days ago

Many retailers offer 'returnless refunds.' Just don't expect them to talk much about it

It’s one of the most under-publicized policies of some of the biggest U.S. retailers: sometimes they give customers full refunds and let them keep unwanted items too

Tech - ABC News - 5 days ago

Ericsson Expects Market to Stabilize as Key North America Sales Rise

The Swedish telecommunications-equipment company said its key networks unit saw an 80% surge in North America sales in the third quarter after winning contracts and as some large customers made ...

Business - The Wall Street Journal - October 15

Reeves expected to focus rise in capital gains tax on share sales

Chancellor likely to increase CGT in October 30 Budget as part of efforts to close £40bn funding gap

Business - Financial Times - October 16

Nokia Tempers Earnings Expectations After Sales Fail to Recover

Nokia tempered earnings expectations for the year amid a delayed recovery in sales, but said an improving gross margin and quick action on costs was helping offset some of the weakness.

Business - The Wall Street Journal - October 17

Norfolk Southern tops Q3 expectations with boost from insurance, rail sales

Railroad Norfolk Southern’s streamlined operations delivered strong earnings last quarter, even excluding boosts from insurance payouts related to the disastrous derailment in East Palestine and ...

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

Novo Nordisk shares jump 8% after Wegovy sales beat expectations

Novo Nordisk on Wednesday reported third quarter earnings broadly in line with expectations and narrowed its 2024 full-year growth guidance.

Business - CNBC - 3 days ago

From Above

The Glenfinnan Viaduct in Scotland made famous in the Harry Potter films, from above.

Analysts cheer Wells Fargo to 2018 highs after earnings. We have 1 qualm with the praise

We're not surprised that Wells Fargo's getting the recognition it deserves.

Business - CNBC - October 14

Abbott Labs beats Q3 sales and earnings expectations, raises full-year outlook

Abbott Laboratories on Wednesday reported better-than-expected third-quarter earnings and sales, boosted by strength in the company’s medical-devices business.