Latest in US unemployment applications fall; continuing claims hit highest level since 2021
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World - The Guardian
Harris hails Republican endorsements as campaign condemns Trump’s threat to fire Jack Smith – US elections live
VP says latest backing signals leaders understand ‘what’s at stake’; Trump vows to fire justice department special counsel who is prosecuting him. Tell us: is the looming election stressing you ...16 minutes ago -
Business - CNBC
Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter
Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.5 hours ago -
Business - CNBC
Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list
Nike and Kohl's are expecting sales to fall this year, but they remain a top choice among consumers, indicating they must move quickly to not fall out of favor.7 hours ago -
Business - CNBC
Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
Revenue for the third quarter grew about 94% year-on-year.11 hours ago -
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 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.Yesterday -
Business - CNBC
Barclays shares hit nine-year high after third quarter profit jumps 23%, beating expectations
British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.3 hours ago -
Business - MarketWatch
New-home sales jump to highest level since May 2023, as lower mortgage rates drew buyers in
New-home sales surged in September, as home buyers seized on lower mortgage rates.4 hours ago - Mortgage -
Business - MarketWatch
Jobless claims fall again as hurricane effects fade. Layoffs back to very low levels.
The number of Americans who applied for unemployment benefits last week fell sharply for the second week in a row to 227,000, reversing a spike in claims earlier in the month after a pair of major ...5 hours ago -
Top stories - ABC News
US unemployment applications fall; continuing claims hit highest level since 2021
The number of Americans filing for unemployment benefits fell last week, but the total number of those collecting benefits rose to its highest level in almost three years5 hours ago -
Business - CNBC
Chinese smartphone maker Oppo doubles down on AI, says in regular talks with Google and Microsoft
As Chinese smartphone company Oppo gears up for a flagship phone launch overseas, it says it has weekly AI talks with Google and Microsoft senior management.6 hours ago - Google -
Business - CNBC
Tim Cook is likely visiting China to bolster support for Apple Intelligence, analysts say
The CEO met with China's Minister of Industry and Information Technology as well as the heads of some local companies, including China Mobile and Weibo.12 hours ago - China -
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.21 hours ago -
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.22 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.22 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.23 hours ago -
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.23 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.Yesterday -
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.Yesterday -
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 issueYesterday -
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 ...Yesterday -
Business - MarketWatch
The elusive number keeping Treasury yields at their highest levels in 3 months
In the world of fixed income, there’s one number that can’t easily be pinned down, but which appears to be a contributing factor keeping long-dated Treasury yields at their highest levels in three ...Yesterday -
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.Yesterday -
Top stories - CBS News
Illegal border crossings fall to lowest level since 2020
U.S. Customs and Border Protection has confirmed previous CBS News reports that illegal border crossings have reached the lowest point of Biden's presidency. CBS News national correspondent Omar ...Yesterday -
Business - Financial Times
Private equity management fees fall to lowest level since records began
Fund managers are fighting to secure investors’ money in a tough environment2 days ago -
Business - MarketWatch
U.S. budget deficit in fiscal 2024 swells to third-highest level on record
The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued to swamp revenue.5 days ago -
Business - MarketWatch
10-year Treasury yield slips from highest level since July after housing starts drop
Long-dated Treasury yields slipped from their highest levels in more than two months on Friday but ended the week little changed, after data showed new-home construction dipped in September.5 days ago -
Business - CNBC
Bitcoin hits highest level since July, boosting other coins and crypto-related stocks
The price of bitcoin neared $68,400 on Wednesday, its highest since July, sparking a rally in other cryptocurrencies and related equities.October 17 - Crypto -
Sports - Yahoo Sports
The stock market has flashed a sell signal not seen since February 2021, Bank of America says
Bank of America said "froth" is on the rise as investors aggressively invest in a stock market that's cruising at record highs.October 16 -
Entertainment - Los Angeles Times
Hollywood production falls below strike levels as reality TV takes massive hit
Production levels in the Greater Los Angeles area in the third quarter of 2024 were 5% lower than they were during the strikes, according to FilmLA.October 16 -
Business - MarketWatch
Trump’s improving election odds have powered bitcoin to its highest level since July
Bitcoin was posting further gains on Wednesday, reaching as high as $68,390 — its loftiest level since July 29.October 16 - Donald Trump -
Business - CNBC
Weekly mortgage demand tanks 17%, after interest rates hit the highest level since August
Mortgage interest rates rose last week for the third straight week, hitting the highest level since August.October 16 - Mortgage -
World - The Guardian
UK inflation falls below 2% for first time since 2021 in boost to Rachel Reeves
Surprise annual drop to 1.7% in September raises chance of interest rate cuts, increasing budget leeway. UK inflation surprise opens up wriggle room for lower rates and less painful budget ...October 16 - United Kingdom -
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 ...October 16 - United Kingdom -
Top stories - NBC News
Eli Lilly to trial use of weight loss drugs to combat unemployment in U.K.
U.S. pharmaceutical giant Eli Lilly is exploring whether obesity drugs could be used to curb joblessness after signing a major investment deal with the U.K.October 16 -
Business - CNBC
Eli Lilly to trial use of weight loss drugs to combat unemployment in UK
U.S. pharmaceutical giant Eli Lilly is exploring whether obesity drugs could be used to curb joblessness after signing a major investment deal with the U.K.October 15