Latest in U.S. oil prices drop nearly 1% on weak Chinese retail sales data
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Signet Jewelers’ stock drops as it faces competition from lab diamonds and misses Wall Street’s profit and sales estimates
Retailer warns its revenue may fall short of expectations in the coming quarter.MarketWatch - Dec. 5 -
Members of the OPEC+ oil producers' alliance postpone production increases as crude prices stagnate
Members of the OPEC+ oil producers' alliance postpone production increases as crude prices stagnateABC News - Dec. 5 -
OPEC+ members to delay oil production increases
This production cut was previously due to start being phased out in December.CNBC - Dec. 5 -
Chinese online retailer Temu suspended in Vietnam
Chinese online retailer Temu has been told to suspend operations in Vietnam after it failed to meet an end-of-November deadline to register with the country's Ministry of Industry and TradeABC News - Dec. 5 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
Chinese hackers stole large amounts of Americans’ phone data from eight telecoms, officials say
A Chinese hacking campaign that spied on texts and calls of U.S. citizens is significantly larger than previously known to the public.NBC News - Dec. 4 -
Shares of American Eagle plunge 13% as company issues weak holiday guidance
American Eagle issued weak holiday guidance after reporting its third sales miss in a row.CNBC - Dec. 4 -
New data on CTE risk for hockey players
A new study is offering more data on the increased risk of CTE among hockey players. Dr. James Noble, a neurology professor at Columbia University, joins CBS News with more.CBS News - Dec. 4 -
Oil prices end lower as investors look to OPEC+ decision
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on output levels outweighed support from weekly U.S. data showing a crude ...MarketWatch - Dec. 4 -
Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs
The chain aims to balance higher costs for avocados, queso and sour cream while maintaining its appeal to inflation-weary consumers.The Wall Street Journal - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
Hormel’s stock slumps as sales are still being hurt by weak turkey prices
Hormel was impacted by lower prices for whole-bird turkeys this year, as well as a production interruption at a Planters facility in Virginia.MarketWatch - Dec. 4 -
Car sales jump to 3 1/2-year high. Big incentives for buyers are back.
Sales of new cars and trucks rose in November to the highest level in three-and-a-half years, helped by bigger incentives for car buyers as dealers sought to clear out excess inventories.MarketWatch - Dec. 4 -
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Chinese espionage campaign scooped up data on thousands of US mobile users: Sources
A Chinese espionage campaign scooped up data on hundreds of thousands of American mobile phone users, likely stealing information about more than 1 million customers.ABC News - Dec. 4 -
Welsh tuition fees to rise by nearly £300 a year
The rise is in line with an increase in England and is the second time fees have gone up in a year.BBC News - Dec. 4 -
'Squid Game' tracksuits, sneakers and whisky: Behind Netflix's latest retail pitch
Netflix has been ramping up its efforts in retail, with plans to open two physical stores. It's also partnering with many brands to sell merchandise based on its shows and movies.Los Angeles Times - Dec. 4 -
A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
EU to crack down on Asian online retailers Temu and Shein
Brussels considering a tax to slow surge of goods sold on sites that evade custom duties and checksFinancial Times - Dec. 4 -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
Chinese man in U.S. charged with sending weapons to North Korea
A Chinese man living in the U.S. illegally was arrested Tuesday and accused of exporting guns and ammunition to North Korea and of planning to send other technology to the nuclear-armed pariah state.NBC News - Dec. 4 -
U.S. officials investigate alleged Chinese cyber hack of communications companies
U.S. officials say they're investigating Chinese government-affiliated hackers who compromised the networks of of U.S. communication companies and were able to intercept private communications of ...NBC News - Dec. 4 -
U.S. officials ‘still working to expel’ Chinese hackers from massive telecom breach
U.S. officials update reporters on it’s investigation into a massive and ongoing Chinese hack of multiple U.S. telecom companies. NBC News Justice and Intelligence Correspondent Ken Dilanian ...NBC News - Dec. 3 -
U.S. charges Chinese national for exporting guns and ammo to North Korea
A Chinese national living in California is accused of exporting guns and ammunition to North Korea at the direction of North Korean agents.CBS News - Dec. 3 -
AWS SageMaker is transforming into a combined data and AI hub
The next-generation of SageMaker will make accessing data assets and wide-ranging tools to make the most of them faster than ever.VentureBeat - Dec. 3 -
Stephen A. Smith slams Biden for 'weak, pathetic explanation' of Hunter pardon
Sports commentator Stephen A. Smith criticized President Biden for the way he explained his decision to pardon his son Hunter Biden's gun and tax charges. While Smith seemed to understand why ...The Hill - Dec. 3 -
Children’s Place profit nearly halves as troubled retailer’s turnaround efforts dampen sales
Troubled retailer is moving away from unprofitable sales and offers of free shipping.MarketWatch - Dec. 3 -
Striking Volkswagen Workers Numbered 'Nearly 100,000' on Monday
Employees staged warning strikes in protest against the German carmaker’s plans for potential factory closures and sweeping cuts to jobs and pay.The Wall Street Journal - Dec. 3 -
Feel festive with December's finest drops, exhibitions and events
From Doug Aitken's "Lightscape" to D.S. & Durga's new store in Silver Lake, this list will keep you merrily busy.Los Angeles Times - Dec. 3 -
Consumer watchdog proposes crackdown on personal data sales
The Consumer Financial Protection Bureau (CFPB) on Tuesday rolled out a new proposal aimed at cracking down on data brokers selling Americans' sensitive information. Under the proposed rule, the ...The Hill - Dec. 3 -
U.S. Steel shares drop on Trump’s pledge to block Nippon Steel takeover
U.S. Steel Corp. shares fell 7% in Tuesday’s pre-market trading session after President-elect Donald Trump pledged to block Nippon Steel’s plans to acquire the 123-year-old Pittsburgh-headquartered ...MarketWatch - Dec. 3 -
Top U.N. Envoy Says Gaza War Followed Years of Weak Diplomacy
World leaders failed to focus on a permanent solution to the Israeli-Palestinian conflict and risk making the same mistake again, the departing United Nations’ envoy in the region says.The New York Times - Dec. 3 -
UConn drops 23 spots in AP poll; Kansas No. 1
Kansas held off Auburn for the No. 1 ranking in the Associated Press Top 25 men's college basketball poll Monday as SEC teams grabbed three of the top four spots and two-time reigning national ...ESPN - Dec. 2 -
TCU, Duke climb into top 10, Notre Dame drops in women's AP Top 25; UCLA and UConn remain 1-2
TCU has its best ranking ever in The Associated Press Top 25 women’s basketball poll after a convincing win over Notre DameABC News - Dec. 2 -
U.S. 10-year Treasury yield is little changed as investors look to key labor data this week
Investors awaited economic data, expected to be published through the week, including labor and manufacturing insights.CNBC - Dec. 2 -
U.S. oil prices log modest gains on upbeat China data, ahead of OPEC+ meeting
Global oil prices ended little changed Monday, while U.S. prices posted a modest gain as upbeat manufacturing data from China lifted prospects for energy demandMarketWatch - Dec. 2 -
Kansas holds off Auburn for No. 1 in AP Top 25, SEC grabs 3 of top 4 spots; 2-time champion UConn nearly out of poll
Kansas holds off Auburn for No. 1 in AP Top 25, SEC grabs 3 of top 4 spots; 2-time champion UConn nearly out of pollABC News - Dec. 2 -
TCU, Duke climb into top 10, Notre Dame drops in women’s AP Top 25; UCLA and UConn remain 1-2
The Horned Frogs climbed eight spots to No. 9, the first time the school has ever been in the top 10. The team’s best previous ranking was 13th in 2004.Yahoo Sports - Dec. 2 -
TCU, Duke climb into top 10 of Top 25 women's college basketball poll; Notre Dame drops, UCLA and UConn still 1-2
TCU, Duke climb into top 10 of Top 25 women's college basketball poll; Notre Dame drops, UCLA and UConn still 1-2ABC News - Dec. 2 -
Kittle identifies 49ers' two biggest weaknesses this season
49ers tight end George Kittle revealed San Francisco's two biggest weaknesses during the team's rocky 2024 NFL season.Yahoo Sports - Dec. 2