Latest in Cuts Forecast
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Ryanair profit drops as airline cuts passenger forecast
European low-cost carrier blames pressure on consumers for fall in faresBusiness - Financial Times - Yesterday -
Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console
Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.Business - CNBC - 7 hours ago -
Nintendo Cuts Switch Sales Forecasts After Weak Results
The Japanese videogame maker cut its annual forecasts for Switch console and software sales after disappointing first-half results.Business - The Wall Street Journal - 8 hours ago -
Nintendo cuts profit guidance on reduced Switch sales forecast
Nintendo on Tuesday trimmed its sales and profit guidance for the March-ending fiscal year, citing reduced demand for the Nintendo Switch.Business - MarketWatch - 5 hours ago -
U.S. crude oil prices fall more than 2% after OPEC cuts demand forecast again
Soft demand in China has weighed on the market for months.Business - CNBC - October 14 -
IMF raises 2025 growth forecast
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story IMF sounds death knell over inflation, raises 2025 outlook International Monetary ...Politics - The Hill - October 22 -
Airbus Revenue, Earnings Beat Forecasts
Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.Business - The Wall Street Journal - 5 days ago -
Parts of UK forecast to see temperatures jump to 20C this week
Parts of the country could see a 10C bump in temperatures in the short period of fine weather.Top stories - BBC News - October 14 -
UK public borrowing exceeds official forecast in September
Data comes as chancellor Rachel Reeves prepares to raise taxes in next week’s BudgetBusiness - Financial Times - October 22 -
IMF upgrades UK growth forecast in boost to Reeves
Fund’s chief economist sees chance of more ‘aggressive’ Bank of England rate cuts as chancellor prepares for BudgetBusiness - Financial Times - October 22 -
Reeves welcomes IMF's improved UK economic forecast
The global financial institution predicts stronger UK growth of 1.1% this year and 1.5% next year.Top stories - BBC News - October 22 -
Lloyds beats earnings forecasts as lending rises
Mortgage book grows as customers take advantage of fall in interest ratesBusiness - Financial Times - October 23 -
A Trump victory would end ‘normal’ politics between UK and US
Keir Starmer defends Labour activists helping Kamala Harris but if former US president wins, such activity could become diplomatic liabilityBusiness - Financial Times - October 23 -
Heathrow says resumed dividends ‘probable’ as it raises forecasts
Airport’s peak summer season boosted by passengers transiting to Paris for OlympicsBusiness - Financial Times - October 23 -
American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss
American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.Business - CNBC - October 24 -
What's the mortgage interest rate forecast for November 2024?
After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.Top stories - CBS News - October 28 -
AMD reports record revenue but Q4 forecast disappoints
Advanced Micro Devices reported record Q3 revenue of $6.8 billio, up 18%. But the shares fell due to a disappointing forecast for Q4.Tech - VentureBeat - 6 days ago -
Halloween forecasts predict record temperatures in parts of the U.S.
East Coast and southern U.S. states experienced high temperatures this Halloween, with the heat forecast set to break records. CBS News 24/7 anchor Lana Zak reports on the weather and how New ...Top stories - CBS News - 4 days ago -
Rain forecasted in key swing states on Election Day
Rain is threatening to disrupt Election Day in several key swing states. A cold front is slicing through the middle of the country, bringing a threat of rain showers and thunderstorms from the ...Politics - The Hill - 23 hours ago -
Election forecaster predicts 218-217 House
Sabato’s Crystal Ball, a prominent election forecaster, predicted Monday that this year’s elections will result in a House divided by one vote. “Just like the presidential race, the battle for the ...Politics - The Hill - 15 hours ago -
Titans cutting Jamal Adams
Jamal Adams' brief tenure in Tennessee is coming to an end.Sports - Yahoo Sports - October 17 -
Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall furtherWorld - Financial Times - October 23 -
OPEC extends oil output cuts
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...Politics - The Hill - 21 hours ago -
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Citi and BofA join other big US banks in beating gloomy forecasts
Stronger than expected earnings add to hopes of a ‘soft landing’ for economyBusiness - Financial Times - October 15 -
TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins
The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.Business - MarketWatch - October 15 -
ASML Expects Slower Semiconductor Recovery, Weighing on Chip Stocks
The company posted orders below analysts’ expectations as chip makers held back spending on key production equipment.Business - The Wall Street Journal - October 15 -
U.S. unemployment rate to stay low in 2025, top forecaster says
U.S. economic growth should moderate in 2025 but remain relatively strong, and the unemployment rate will look a little better, Harvard economist Karen Dynan said Tuesday.Business - MarketWatch - October 15 -
Meet the Election Denier Forecasting a Trump Win in the 2024 Election
Seth Keshel has become a darling among election deniers by factoring widespread voter fraud — the existence of which has been widely debunked — into his election predictions.Tech - The New York Times - October 15 -
Flying Into Storms Improves Forecasts, but It Is Rare in Asia’s Typhoon Alley
While observational flights have improved forecasts for many storms in the Americas, such flights have been far fewer for storms that have hit Asia.World - The New York Times - October 16 -
TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firmsBusiness - MarketWatch - October 17 -
Victoria at risk of tornadoes as thunderstorms and giant hail lash Australia’s south-east
Bureau of Meteorology warns parts of Victoria to brace for ‘dangerous’ storm and intense rainfall that could lead to ‘life-threatening flash flooding’. Follow our Australia news live blog for ...World - The Guardian - October 18 -
Hizbollah warns of escalation in Israel conflict after Yahya Sinwar killing
Threat from Lebanese militant group follows death of Hamas leader in firefight in GazaBusiness - Financial Times - October 18 -
British retail sales beat forecasts to rise for third straight month
Tech purchases fuel unexpected growth of 0.3%Business - Financial Times - October 18 -
Trump has gained in 538's forecast, but the election is still a toss-up
538's 2024 presidential election forecast shows a very close, toss-up race, with Trump taking a small lead.Top stories - ABC News - October 18 -
Tariff surge would damage global growth, IMF warns
In a forecast two weeks before US election the fund says greater protectionism would drag down world economyBusiness - Financial Times - October 22