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Germany’s five-year tax haul to fall nearly €60bn short of forecast

Gloomier economic predictions will increase budgetary strains and government coalition tensions

Business - Financial Times - October 24

Election forecaster moves Nebraska Senate race slightly toward independent challenger

An election forecaster moved Nebraska’s contentious Senate race slightly toward Sen. Deb Fischer’s (R) challenger, Independent candidate Dan Osborn. Sabato's Crystal Ball shifted the Senate contest ...

Politics - The Hill - October 24

Hurricane Kristy strengthens into a Category 5 storm in the Pacific Ocean, forecasters say

World - ABC News - October 24

English councils forecast £9.3bn deficit in three years, analysis shows

Bennett Institute research underlines scale of strains social care placing on local government financing

Business - Financial Times - October 25

How are investors preparing for the Budget?

Executives are seeking to minimise their exposure ahead of what could be the biggest tax-raising statement for a generation

Business - Financial Times - October 29

AMD shares fall as forecast fails to impress despite strong AI growth

AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.

Business - CNBC - 6 days ago

Reddit shares soar 22% on earnings beat and better-than-expected forecast

Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.

Business - CNBC - October 29

UBS smashes forecasts with bumper profit, warns of volatility around U.S. elections

The Swiss bank’s profits were boosted by the ongoing integration of wealth management accounts previously run by its main rival Credit Suisse

Business - MarketWatch - 6 days ago

What's the home equity loan interest rate forecast for November 2024?

Home equity loan interest rates could fall, but they might not be worth waiting for. Here's everything to know.

Budget boost to UK economy forecast to fade after two years

The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.

October jobs forecast shaved to 110,000 after Boeing strike and hurricanes

The final U.S. jobs report before the presidential election is expected to be a crummy one, but it’s not Washington’s doing. Instead, a major strike at Boeing and a pair of deadly hurricanes would ...

Business - MarketWatch - 5 days ago

Meta sees AI spending accelerating as earnings top forecasts

Mark Zuckerberg cites the potential for ‘strong’ returns in coming years on heavy investments in new technology

Business - Financial Times - 5 days ago

Microsoft Shares Slip as Forecast Sparks Concern About AI and Cloud Revenue

The company’s projection points to less growth than anticipated, causing concern about the payoff for its massive AI investment.

Business - The Wall Street Journal - 5 days ago

Forecasters scare up record-high temperatures for Halloween in the Northeast

As record-breaking high temperatures were expected Wednesday, snow blanketed the mountaintops of Hawaii and residents of the Great Plains were bracing for tornadoes.

AI demand drives growth and higher spending at Amazon’s cloud business

Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarter

Business - Financial Times - 5 days ago

Universal Music Revenue Beats Forecasts Amid Subscriptions Boost

Universal Music Group posted higher revenue after growth from subscriptions and streaming services exceeded analysts’ expectations.

Business - The Wall Street Journal - 5 days ago

Apple cautious on holiday outlook as it starts AI rollout

Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ features

Business - Financial Times - 4 days ago

Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter

We're reiterating our 1 rating and raising our price target to $240 price target from $220.

Business - CNBC - 5 days ago

Spain floods disaster: death toll rises to 205 as extra troops mobilised

Weather agency says four regions remain on amber alert because of risk of rain and storms. The death toll from the floods in Spain this week has risen to 205, as residents in the Valencia region ...

World - The Guardian - 4 days ago

Marqeta shares plunge more than 30% on big forecast miss

Marqeta shares plummeted after the company's forecast for the fourth quarter fell shy of analysts' expectations.

Business - CNBC - 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 - 10 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 - 20 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 - 17 hours ago

Harris takes razor-thin lead in final Nate Silver forecast

Vice President Harris took a razor-thin lead against former President Trump in Nate Silver's final forecast of the 2024 election, with the veteran pollster saying the race is "literally closer than ...

Politics - The Hill - 12 hours ago

State of 2024 race with 1 day to Election Day

With Election Day hours away, Vice President Kamala Harris and former President Donald Trump are making their final push in a race that voters will likely decide in a few key battleground states. ...

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

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

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