Treasury yields jump after better than expected retail sales, drop in jobless claims
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Business - CNBC
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.2 hours ago -
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 ...2 hours 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.5 hours 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 Gaza5 hours ago - Iran -
Business - The New York Times
Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales
Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector.5 hours ago - China -
World - The Guardian
ECB’s Lagarde: ‘We’re breaking the neck of inflation’ after cutting interest rates – business live
Rolling coverage of the latest economic and financial news. Newsflash: Inflation across the eurozone fell by more than initially thought last month, which may cement the chances of interest rate ...6 hours ago -
Top stories - BBC News
'England win would be better than records of first Test'
Completing a daunting chase to win the second Test in Pakistan would be a bigger achievement that the run-filled victory in the first, according to England assistant coach Paul Collingwood.7 hours ago -
Business - CNBC
Retail sales rose 0.4% in September, better than expected; jobless claims dip
Consumer spending held up in September, underscoring a resilient economy.8 hours ago -
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 challenge8 hours 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.8 hours ago -
Business - MarketWatch
Jobless claims retreat after last week’s sharp increase
One week after hitting the highest level in more than a year, initial jobless claims retreated by 19,000 to 241,000, the Labor Department said Thursday.9 hours ago -
Business - The Wall Street Journal
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.12 hours ago -
Business - The Wall Street Journal
Merck KGaA Shares Jump on Expectations of AI Boost
The German company said booming artificial-intelligence demand would help its electronics sales grow faster than previously expected over the medium term.12 hours ago -
Business - MarketWatch
Treasury yields end at nearly 2-week lows as oil prices fall further and U.K. inflation dives
U.S. government debt rallied slightly on Wednesday, pushing yields broadly lower, as crude-oil futures slipped and the U.K.’s annual consumer-price index inflation rate dropped below the Bank of ...Yesterday -
Top stories - CBS News
Why a HELOC is better than a home equity loan going into November
With another interest rate cut looming for November, here's why homeowners should consider a HELOC now.Yesterday -
Business - CNBC
Morgan Stanley shares pop 7% after beating estimates for third-quarter profit and revenue
Morgan Stanley has several tail winds in its favor, from high stock values to a rebound in investment banking and strong trading activity.Yesterday -
Business - MarketWatch
Chrysler and Jeep maker sees North American deliveries dive 36%
Europe’s largest car manufacturer Stellantis reported a 20% drop in shipments and a 15% drop in sales in the third quarter of 2024Yesterday -
Business - Financial Times
LVMH shares down 7% after warning of ‘uncertain’ outlook
World’s largest luxury group hit by pullback in Chinese consumer spendingYesterday -
Business - MarketWatch
British pound and bond yields dive as U.K. inflation hits lowest in more than three years
Traders boost rate cut bets after U.K. inflation dives below 2%Yesterday -
World - The Guardian
Odds of November interest rate cut jump as UK inflation drops to 1.7% – business live
UK inflation drops below 2% target in September , weakening pound and raising chances of an interest rate cut in November. Today’s report shows that prices in the UK are rising a little slower than ...Yesterday - United Kingdom -
Business - CNBC
ASML share plunge wipes over $50 billion off Dutch chip giant's value
ASML published its third-quarter earnings Tuesday, a day earlier than expected.Yesterday - Netherlands -
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 ...Yesterday -
Business - MarketWatch
United Airlines sheds unprofitable capacity in better-than-expected quarter
Revenue from basic economy seats shot up 20% at United.Yesterday -
Business - CNBC
Bank of America tops estimates on better-than-expected trading revenue
Bank of America benefited from its Wall Street trading and banking divisions in the third quarter, just as rival JPMorgan Chase did.2 days ago -
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.2 days ago -
Business - MarketWatch
10-, 30-year U.S. government debt rallies for second day on lower oil and weak manufacturing reading
Long-term Treasury yields fell for a second day on Tuesday as traders reacted to a weaker-than-expected manufacturing reading from the New York Fed and new developments from the Middle East that ...2 days ago -
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.2 days ago -
Business - The Wall Street Journal
Adidas Raises Guidance on Better-Than-Expected Results
The German sportswear company cited better-than-expected results for the third quarter and brand momentum.2 days ago -
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 ...2 days ago -
Politics - The Hill
Trump claims he is 'far healthier' than Harris
Former President Trump in a series of social media posts early Tuesday morning claimed Vice President Harris’s seasonal allergies were “deeply serious” and asserted he was “far healthier” than she ...2 days ago - Donald Trump -
Business - The Wall Street Journal
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 ...2 days ago -
Business - Financial Times
The Budget Game: Can you do better than Rachel Reeves?
Step into the chancellor’s shoes and devise your fiscal plan2 days ago -
Business - MarketWatch
Hint of ‘very high’ consumer inflation expectations raises risks for Treasury market
Buried inside last Friday’s data from the University of Michigan was a shocking inflation outlook from a small segment of consumers — one that is causing some nervousness about whether ...3 days ago -
Sports - CBS Sports
Lonzo Ball expected to make return in Bulls preseason game after more than two missed seasons, per report
Ball hasn't played in an NBA game since January 20223 days ago -
Top stories - The New York Times
New York Can Do Better Than Andrew Cuomo
Democrats should make it clear that Cuomo has no political future in New York, not in City Hall and not in Albany.4 days ago - New York