US economy grew at robust pace in third quarter

Hyundai Motor Net Profit Fell in Third Quarter, Missing Estimates

The South Korean carmaker said wholesale car sales fell 3.2% globally as vehicle demand remained sluggish in most major markets, while North America remained a bright spot.

Business - The Wall Street Journal - 6 days ago

Unilever reiterates 2024 outlook after third-quarter sales growth

Unilever on Thursday reiterated its 2024 outlook after reporting underlying sales growth of 4.5% in the third quarter.

Business - MarketWatch - 6 days ago

Hasbro’s third-quarter profit beats expectations, but its stock slips

Hasbro Inc.’s third-quarter profit beat expectations Thursday, fueled by its gaming and licensing businesses shares, but the toy maker’s stock is down 4%.

Business - MarketWatch - 6 days ago

Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit

Swiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations following its integration of collapsed domestic rival Credit Suisse.

Business - CNBC - 4 hours ago

Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans

German automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.

Business - CNBC - 4 hours ago

Meta’s Reality Labs posts $4.4 billion loss in third quarter

Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.

Business - CNBC - 1 hour ago

Coinbase shares tumble as muted crypto trading leads to a third-quarter miss

Coinbase Wednesday reported weaker-than-expected third-quarter results, weighed down by muted trading in the cryptocurrency market.

Business - CNBC - 21 minutes ago

A third of Americans agree with Trump that immigrants ‘poison the blood’ of US

Founder of polling firm that conducted survey says: ‘That language is straight out of Mein Kampf … it’s Nazi rhetoric’. US politics – live updates A new poll has revealed that more than ...

World - The Guardian - October 18

Pakistan use patio heaters and giant fans to prepare pitch for third Test

Shan Masood craving turning surface against England Toss may be vital in Rawalpindi Test series decider After flourishing on a tired, cracked pitch in the second Test, Pakistan are employing ...

World - The Guardian - October 20

Here’s What Consumer Power Will Tell Us About the Economy

Corporate earnings reports and retail sales data could offer evidence that the U.S. economy is resilient as inflation ebbs.

Business - Inc. - October 14

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

Strong US economy and ‘Trump trade’ drive dollar rally

US currency hits highest level since August, as investors bet on growing likelihood of election victory for former president

Business - Financial Times - October 22

Trump takes lead over Harris on US economy in final FT poll

FT-Michigan Ross survey shows most Americans think they will be better off if Republican wins

Business - Financial Times - 6 days ago

Europe’s economy poised to fall further behind US, IMF warns

Fund pins blame on weak productivity and ageing workforce as it highlights continent’s weak post-pandemic performance

Business - Financial Times - 6 days ago

Ericsson shares jump 10% on third-quarter beat, growth in North America sales

Shares of Swedish telecom firm Ericsson jumped amid third-quarter core earnings that surpassed analyst expectations and growth North American demand.

Business - CNBC - October 15

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.

Business - CNBC - October 15

United shares hit pre-pandemic high after airline forecasts strong finish to 2024, plans buyback

United Airlines said it authorized a $1.5 billion share buyback, its first share repurchase since before the Covid-19 pandemic.

Business - CNBC - October 16

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.