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China cuts benchmark lending rates by 25 basis points
The move was expected. China's central bank governor indicated last week that the loan prime rates would be lowered.Business - CNBC - October 21 -
2 States to Vote on Lower Minimum Wage Rate for Tipped Workers
Massachusetts and Arizona plan ballot measures that could eliminate the subminimum wage paid to many workers in the restaurant and hospitality industries.Business - Inc. - October 21 -
Genuine Parts stock slides on Q3 earnings miss, lowered outlook
Shares of Genuine Parts Co. fell 10.1% in premarket trading after the auto-parts company reported lower-than-expected third-quarter earnings and lowered its outlook, citing weakness in market ...Business - MarketWatch - October 22 -
UK unions could seek bargaining rights with just 2% of workers as members
Ministers will consult on range of measures aimed at easing representationBusiness - Financial Times - October 22 -
Watch live: Biden, Sanders give remarks on lowering drug costs
President Biden and Sen. Bernie Sanders (I-Vt.) are in New Hampshire Tuesday to tout efforts made by the administration on health care savings and lowering drug prices. The duo are expected to ...Politics - The Hill - October 22 -
Akzo Nobel Sees Full-Year Earnings at Lower End of Guidance
The Dutch paints company reported a fall in third-quarter net profit, missing consensus views, and said it expected full-year earnings at the lower end of its guidance.Business - The Wall Street Journal - October 23 -
Mattel Lowers Sales Outlook After Barbie Sales Weigh
The toy company’s profit, however, is holding up due to stronger margins, helped by factors such as cost cuts, supply-chain improvements and lower input costs.Business - The Wall Street Journal - October 23 -
Tesla shares jump in third-quarter earnings even as expected revenue is lower
After two slow quarters, Elon Musk’s electric-vehicle maker reports higher-than-expected earnings per share. Tesla shares saw a 12% jump after the company reported its third-quarter earnings on ...World - The Guardian - October 23 -
Equinor's Key Profit Measure Lags Forecasts on Lower Oil Prices and Volumes
The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in oil prices and sales volumes offset resilient gas production.Business - The Wall Street Journal - October 24 -
Honeywell’s stock falls as sales miss and lowered guidance offsets profit beat
Honeywell International Inc.’s stock fell 2.5% early Thursday, after the aerospace and technology company missed third-quarter sales estimates and lowered its guidance, offsetting a profit beat.Business - MarketWatch - October 24 -
Harley-Davidson’s stock falls as motorbike maker lowers guidance to reflect still-pressured consumer
Harley-Davidson’s stock was down Thursday, after the iconic motorbike maker topped estimates for the third quarter despite steep declines in profit and revenue, but lowered its full-year guidance ...Business - MarketWatch - October 24 -
Oil prices end lower on progress toward Israel-Hamas cease-fire talks
Oil futures finished lower on Thursday, after comments from U.S. Secretary of State Antony Blinken suggesting progress toward Israel-Hamas cease-fire negotiations eased the risk of disruptions to ...Business - MarketWatch - October 24 -
CDC recommends lower age for people to get vaccine against pneumonia
All adults aged 50 and older should receive a vaccine against bacteria that can cause pneumonia and meningitis, federal health officials said. The Centers for Disease Control and Prevention (CDC) ...Politics - The Hill - October 24 -
CDC lowers recommendation age for pneumonia vaccine to adults 50 and older
Doctors have long urged people ages 50 and older to get a shot to protect against bacterial pneumonia.Top stories - NBC News - October 24 -
Vote on lowering pension age to 60 jangles nerves in Uruguay
Public to decide on a union-backed reform that worries the government, economists and marketsWorld - Financial Times - 5 days ago -
Japan's ruling coalition loses a majority in the lower house, creating political uncertainty
Japanese Prime Minister Shigeru Ishiba’s ruling coalition has lost a majority in the 465-seat lower house in a key parliamentary election SundayWorld - ABC News - 3 days ago -
Japan’s ruling party is certain to lose a majority in the lower house, broadcaster says
Japanese Prime Minister Shigeru Ishiba’s conservative ruling party braced for a blow to its comfortable majority in the lower house of parliament in Sunday’s elections.Top stories - NBC News - 4 days ago -
Philips shares slide as company blames China for lowered sales outlook
Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.Business - MarketWatch - 3 days ago -
Boeing’s stock reverses lower after announcing a $19 billion capital raise
.Boeing’s stock knee-jerked higher after a larger-than-expected capital raise was announced, but then quickly resumed its decline.Business - MarketWatch - 3 days ago -
Credit card interest rates are surging: How to lower yours now
The average card rate now surpasses 23%, a record high. Luckily, there are rate-reducing strategies that can help.Top stories - CBS News - 3 days ago -
Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%
Ford Motor Co. reported earnings late Monday, but investors looked past a beat.Business - MarketWatch - 3 days ago -
Opera Philadelphia brings opera to first-time viewers by lowering ticket prices
Opera Philadelphia is lowering ticket prices to make opera more relevant and accessible. The move is drawing in some first-time audiences and boosting revenue. Scott MacFarlane goes backstage to ...Top stories - CBS News - 2 days ago -
Consumer confidence surges as election nears, while job openings move lower
Consumers grew more optimistic heading into the contentious presidential election even as job openings hit multiyear lows.Business - CNBC - 2 days ago -
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 - 2 days ago -
Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates
Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.Business - Inc. - Yesterday -
Jeep maker Stellantis reports 27% drop in sales
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - 15 hours ago -
Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance
Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.Business - MarketWatch - 12 hours ago -
A Mastercard executive addresses this burning investor question
Some investors worry it’s going to get harder for Mastercard to find more cash to displace. Its CFO sees plenty of runway ahead.Business - MarketWatch - 7 hours ago -
Rival creditor group offers Thames Water emergency loan at lower rate
The UK’s largest water and sewerage provider is struggling with a £19bn debt loadBusiness - Financial Times - 9 hours ago -
British Clothing Brand Boden Lures Shoppers to Scranton
The British brand Boden offers sample-sale prices at an outlet on Biden Street in the industrial Pennsylvania city.Lifestyle - The New York Times - October 17