Latest in Retailers Adjust Holiday Sales Plans to Handle Rising Consumer Stress Levels
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Business - CNBC
IBM stock slips on disappointing consulting and infrastructure revenue
IBM's critical software category performed well due to Red Hat's gains, but the consulting and infrastructure segments pulled down overall results.16 minutes ago -
Business - CNBC
10-year Treasury yield briefly tops 4.25%, hits highest level since late July
The U.S. 10-year Treasury yield rose again Wednesday as traders digested the latest comments from Fed officials on the trajectory of interest rate cuts.18 minutes ago -
Business - Inc.
Mattel Braces for Flat Toy Sales Ahead of Holiday Season
Mattel, the company behind Barbie doesn’t anticipate a high holiday sales season this year.25 minutes ago -
Sports - CBS Sports
NBA to investigate 76ers' handling of Joel Embiid's participation plan, per report
Embiid has been ruled out of the 76ers' first three games, including Wednesday's opener vs. the Bucks1 hour ago - NBA -
Business - CNBC
Abercrombie & Fitch responds to former CEO's sex trafficking arrest, says it will cooperate with law enforcement
Abercrombie & Fitch said it will cooperate with law enforcement after its former CEO Mike Jeffries was arrested on sex trafficking and related charges.2 hours ago -
Business - CNBC
Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures
Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the CFPB said.2 hours ago - Apple -
Business - CNBC
Global public debt will hit $100 trillion by year-end, says IMF
The IMF warned of the risks posed by unsustainable public debt levels.2 hours ago -
Top stories - CBS News
Here's how much Americans plan to spend on the holidays this year
Numerous estimates show Americans are expected to spend more on the holidays this year as wages rise and inflation cools.2 hours ago -
Business - Inc.
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.4 hours ago -
Business - CNBC
CDC told McDonald's about potential E. coli outbreak late last week
Roughly a fifth of McDonald's U.S. restaurants are not selling Quarter Pounder burgers at this time.4 hours ago -
Business - CNBC
Warren Buffett — worried about impersonators — says he doesn't endorse candidates or investments
Buffett's actions were triggered in part by a fake political endorsement alerted to him on Meta's Instagram.5 hours ago -
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Business - CNBC
Tesla investors have a lot of questions for Musk about Trump
On a forum that Tesla uses to solicit questions from investors ahead of earnings, there are a bunch of questions about Republican nominee Donald Trump.2 hours ago -
Business - CNBC
Watch Ripple CEO Brad Garlinghouse speak live on legal battle with SEC and upcoming election
Ripple CEO Brad Garlinghouse will speak at DC Fintech Week in Washington, D.C., on Wednesday afternoon.3 hours ago -
World - Financial Times
Starmer rejects calls for slavery reparations ahead of Commonwealth summit
PM plans to focus on ‘future-facing challenges’ such as climate change but Caribbean leaders hope to raise the issue6 hours ago -
Top stories - NBC News
September home sales drop to lowest level since 2010
Sales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84 million units, the slowest pace since October 2010, according to the ...6 hours ago -
Business - CNBC
Coca-Cola CEO says McDonald's E. coli outbreak won't hurt beverage company's sales
Coca-Cola CEO James Quincey said an E. coli outbreak linked to McDonald's isn't likely to hurt the beverage company's sales at this stage.8 hours ago -
Top stories - CBS News
Target, Walmart and other retailers announce price cuts ahead of holidays
Target says more than 2,000 items are having their prices marked down ahead of holiday season, joining other retailers like Walmart and Aldi who have also announced plans for cheaper costs before ...9 hours ago -
Business - The Wall Street Journal
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 ...16 hours ago -
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Business - The New York Times
Halloween’s Mutation: From Humble Holiday to Retail Monstrosity
Americans once made their own costumes and candy. Now, the holiday has rapidly commercialized, transforming into an economic juggernaut.4 days ago -
Business - Financial Times
Hizbollah warns of escalation in Israel conflict after Yahya Sinwar killing
Threat from Lebanese militant group follows death of Hamas leader in firefight in Gaza5 days ago - Israel -
Business - Financial Times
British retail sales beat forecasts to rise for third straight month
Tech purchases fuel unexpected growth of 0.3%5 days ago -
Business - CNBC
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.5 days ago - China -
Business - MarketWatch
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 ...6 days ago -
Business - The New York Times
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.6 days ago -
Business - Financial Times
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 Gaza6 days ago - Iran -
Business - Financial Times
IMF chief warns of ‘unforgiving’ debt backdrop and low growth
Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challenge6 days ago -
Business - MarketWatch
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.6 days ago -
Sports - Yahoo Sports
Flooded cars for sale in Arizona? How consumers can spot hurricane damage
As recent Hurricanes Milton and Helene continue to devastate the East Coast, Arizonans could also be affected - in a different way.6 days ago -
Business - CNBC
Holiday shoppers plan to spend more while taking on debt this season
Leaning on credit cards, or even buy now, pay later, to purchase holiday gifts will come at a high cost if there are missed or late payments.October 16 -
Business - CNBC
Holiday shopping season: An early look at how retail stores and e-commerce are getting ready for the rush
The supply chain looks stable into holiday shopping season, according to a top DHL executive, but a few big changes are coming to e-commerce delivery schedules.October 16 -
Business - Inc.
Consumer Fears of Credit Card Delinquency Rise
A monthly New York Fed survey finds that while people felt generally positive about inflation, income, and jobs, fear of failing to make debt payments rose to a four-year high.October 16 -
Business - MarketWatch
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 ...October 16 -
Business - Inc.
Retailers Can Expect Another Record-Breaking Holiday Season
The National Retail Federation anticipates up to $990 billion in holiday sales despite inflation-wary consumers.October 15 -
Business - The New York Times
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.October 15 -
Politics - The Hill
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 ...October 15 -
Business - Inc.
Retailers Are Tossing Out Traditional Holiday Calendars. Here’s Why
Holiday shoppers have driven retailers to change their seasonal strategies.October 13