Latest in Estimates Increases
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Hurricane Helene's damage in North Carolina estimated at record $53 billion
The catastrophic flooding and destruction caused by Hurricane Helene in western North Carolina likely caused at least a record $53 billion in damages and recovery needs, state officials say.Top stories - CBS News - October 24 -
Hoka shoes are so popular, their maker just crushed quarterly estimates
Deckers Outdoor also guided for a 12% sales increase for fiscal 2025.Business - MarketWatch - October 25 -
AutoNation’s stock falls after earnings fall short of estimates
The new- and used-car retailer is still feeling the impact of a recent dealership-software outage.Business - MarketWatch - October 25 -
Chipotle misses revenue estimates as same-store sales growth disappoints
Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.Business - CNBC - 2 days ago -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - 2 days ago -
Coinbase’s stock falls nearly 5% as earnings fall short of estimates
Coinbase Global Inc.’s stock fell in after-hours trading Wednesday, after the cryptocurrency exchange’s third-quarter profit and revenue fell short of estimates.Business - MarketWatch - 2 days ago -
Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance
Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.Business - MarketWatch - Yesterday -
Bristol Myers’s stock pops as earnings top estimates and company raises guidance
The company says it “made important strides in the third quarter.”Business - MarketWatch - Yesterday -
Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimatesTech - ABC News - Yesterday -
Avis’s stock slides after third-quarter earnings fall short of estimates
Avis Budget Group’s stock was falling in after-hours trade Thursday, after the car-rental company’s third-quarter earnings fell short of estimates.Business - MarketWatch - Yesterday -
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Finland warns of increasing Ukraine fatigue among distracted west
Also in this newsletter: Meloni hits back against Albania migration hub criticismWorld - Financial Times - October 15 -
CDC reports alarming increase in whooping cough and walking pneumonia among children
Health officials are warning of accelerating cases of whooping cough, particularly among school-aged children. Dr. Jon LaPook explains the rise and how to keep your family healthy this fall.Top stories - CBS News - October 15 -
Trump Contends His Economic Policies Won’t Increase Federal Debt
In an interview with Bloomberg News, the GOP candidate denied his tariff plans would hike the deficit by $7.5 trillion, a widely accepted forecast among economists.Business - Inc. - October 16 -
U.N. Security Council Urges Israel to Increase Flow of Aid Into Gaza
Some of the sharpest criticism about a lack of sufficient assistance in the enclave came from Israel’s allies, including the United States.World - The New York Times - October 17 -
Netanyahu holds emergency meeting on Gaza aid as U.S. ramps up pressure
Some 41% of people in Gaza will face "catastrophic" levels of hunger in the coming months, a global authority on food security warned Thursday.Top stories - NBC News - October 17 -
Jobless claims retreat after last week’s sharp increase
One week after hitting the highest level in more than a year, initial jobless claims retreated by 19,000 to 241,000, the Labor Department said Thursday.Business - MarketWatch - October 17 -
Ray-Ban Maker EssilorLuxottica Posts Revenue Increase But Misses Expectations
The Franco-Italian eyewear group’s revenue rose 4% in the third quarter, helped by sales of smart glasses.Business - The Wall Street Journal - October 17 -
WATCH: How to increase your chances of seeing the northern lights
In the continental U.S., some of the best places to see the northern lights are Michigan's Upper Peninsula and North Dakota.Top stories - ABC News - October 21 -
Abortions Have Increased, Even for Women in States With Rigid Bans, Study Says
A new analysis shows how many women in states with bans are seeking procedures or pills from out-of-state providers.Top stories - The New York Times - October 23 -
Blinken Renews Push for Middle East Truce, and U.S. Abortions Increase
Plus, a radical approach to flooding in England.Top stories - The New York Times - October 23 -
Norway to increase minimum age limit on social media to 15 to protect children
Prime minister wants young people to be shielded from ‘power of the algorithm’. Norway is to enforce a strict minimum age limit on social media of 15 as the government ramped up its campaign ...World - The Guardian - October 23 -
How much has the price of gold increased so far this year?
Gold has been one of the top-performing assets in 2024. Here's how much price growth we've seen so far.Top stories - CBS News - October 23 -
Tesla’s Shares Surge 20% After Strong Earnings and Outlook
The company said profits climbed 17 percent in the third quarter. It expects car sales to rise up to 30 percent next year when it plans to begin selling new models.Business - The New York Times - October 24 -
UK to increase military presence in Indo-Pacific to counter China
Keir Starmer to announce expansion in region that will also include business club to increase economic ties. The UK will increase its military and economic presence in the Indo-Pacific to support ...World - The Guardian - October 25 -
Carbon emissions of richest 1% increase hunger, poverty and deaths, says Oxfam
Consumption of world’s wealthiest people also making it increasingly difficult to limit global heating to 1.5C. The high carbon emissions of the world’s richest 1% are worsening hunger, poverty and ...World - The Guardian - 5 days ago -
Beijing considers $1.4 trillion borrowing increase to support economy: Reuters
Fresh stimulus would help local authorities resolve off balance-sheet debtBusiness - MarketWatch - 3 days ago -
Meta Earnings Show Revenue Increase, Even as Spending Spree Continues
The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.Business - The New York Times - Yesterday -
National insurance rise will hit lower-wage parts of UK economy hardest, study shows
Findings of IFS think-tank come as Reeves acknowledges policies could dampen pay growthBusiness - Financial Times - Yesterday -
Mortgage rates increase for the fifth straight week — but there’s good news
The 30-year mortgage rate is averaging 6.72%, Freddie Mac said in its latest weekly survey on Thursday.Business - MarketWatch - Yesterday -
How will UK tax rises on private equity’s carried interest work?
Changes unveiled in Rachel Reeves’ Budget mean the performance fee will be treated as income from 2026Business - Financial Times - Yesterday -
IRS increases pension and retirement plan contribution limits for 2025
2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.Top stories - CBS News - 8 hours ago -
7 credit card fees that increase the cost of your debt
Interest charges aren't the only things that can cause your credit card debt to balloon. These fees can, too.Top stories - CBS News - 8 hours ago -
Birth control on the ballot as abortion bans increase barriers to family planning
Millions of Americans will be able to vote on November ballots whether to protect access to birth control such as IUDs, the pill and emergency contraception.Politics - NBC News - 5 hours ago