Latest in Expectations Lower
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Tom Brady and partner Tom Wagner to pay over $200 million for stake in Las Vegas Raiders
Tom Brady, the seven-time Super Bowl champion, will own 10% of the Las Vegas Raiders along with his business partner.Business - CNBC - October 16 -
Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves
The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.Business - CNBC - October 15 -
Tom Brady and partner Tom Wagner to pay over $200 million for stake in Las Vegas Raiders
National Football League owners approved Tom Brady as a minority owner of the Las Vegas Raiders on Tuesday.Top stories - NBC News - October 15 -
Ericsson Expects Market to Stabilize as Key North America Sales Rise
The Swedish telecommunications-equipment company said its key networks unit saw an 80% surge in North America sales in the third quarter after winning contracts and as some large customers made ...Business - The Wall Street Journal - October 15 -
Georgia officials expecting 'record-breaker' for first day of early voting
Georgia Secretary of State Brad Raffensperger (R) said he expects a "record-breaker" for early voting, which opened Tuesday in the Peach State, even in the wake of devastation from Hurricane Helene ...Politics - The Hill - October 15 -
Thomas Tuchel agrees to become new England manager with unveiling expected this week
Reputable German tactician is set to lead English soccer with Three Lions after Chelsea successSports - CBS Sports - October 15 -
Retailers Can Expect Another Record-Breaking Holiday Season
The National Retail Federation anticipates up to $990 billion in holiday sales despite inflation-wary consumers.Business - Inc. - October 15 -
United Airlines sheds unprofitable capacity in better-than-expected quarter
Revenue from basic economy seats shot up 20% at United.Business - MarketWatch - October 16 -
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 -
Global Electricity Demand Is Rising Faster Than Expected, I.E.A. Says
A surge in power use worldwide could make it harder for nations to slash emissions and keep global warming in check.Top stories - The New York Times - October 16 -
Pound falls as UK inflation declines more than expected to 1.7%
First reading below Bank of England’s target in 3 years opens door to more rate cuts this yearBusiness - Financial Times - 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.Business - CNBC - October 16 -
More EU leaders expected to back calls for offshore asylum centres
Migration to dominate summit as four people including two toddlers die after falling from crowded speedboat off Kos. A growing number of European leaders are expected to back calls for offshore ...World - The Guardian - October 16 -
Reeves expected to focus rise in capital gains tax on share sales
Chancellor likely to increase CGT in October 30 Budget as part of efforts to close £40bn funding gapBusiness - Financial Times - October 16 -
Helene, Milton losses expected to surpass "truly historic" $50 billion each
Hurricanes Helene and Milton caused so much complex havoc that damages totals are likely join the infamous ranks of Katrina, Sandy and Harvey as super costly $50-billion-plus killers, experts say.Top stories - CBS News - October 17 -
Clashes expected at EU summit as migration ‘return hubs’ top agenda
Plans for processing asylum claims offshore gain traction among leaders unnerved by rise of far right. Why immigration is a big issue again European leaders are expected to clash over the ...World - The Guardian - October 17 -
IMF chief warns of ‘unforgiving’ debt backdrop and low growth
Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challengeBusiness - Financial Times - October 17 -
Iran foreign minister visits Egypt as leaders try to contain regional war
Middle East officials step up diplomatic effort as Israel says it killed Hamas leader Yahya Sinwar in strike on GazaBusiness - Financial Times - October 17 -
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 -
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