Latest in Gauge Plunges
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Treasury volatility gauge plunges after bond traders navigate election and Fed
Yields on U.S. government debt were steady Friday amid lower volatility as traders absorbed the re-election of Donald Trump as U.S. president and the Federal Reserve’s 25-basis-point interest-rate ...Business - MarketWatch - 5 hours ago -
Philadelphia Fed’s factory gauge jumps in October
Index rises to 10.3, second straight monthly gainBusiness - MarketWatch - October 17 -
Inflation Cooled Further in September, PCE Index Shows
Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.Business - The New York Times - October 31 -
Inflation falls to lowest level since 2021 in Fed’s preferred gauge
Price increases have fallen to their lowest level in more than three years in the latest reading of the Federal Reserve’s preferred inflation gauge, strengthening the outlook for more interest rate ...Politics - The Hill - October 31 -
What one stock market gauge is predicting about the presidential race
One market strategist notes a pattern based on whether the S&P 500 rises or falls between the end of July and Halloween.Top stories - CBS News - 2 days ago -
FirstFT: Japan plunges into political chaos
Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflowsWorld - Financial Times - October 28 -
10-year Treasury yield ends at new 3-month high as volatility gauge hits 2024 peak
U.S. government debt sold off for a third straight session Wednesday, pushing long-dated Treasury yields further into three-month highs, as investors remained wary that the approaching Nov. 5 ...Business - MarketWatch - October 23 -
NFL trade deadline: Commanders gauging potential interest in deal for former first-round CB, per report
Could Washington make a move before the deadline?Sports - CBS Sports - 3 days ago -
Mortgage rates surge, putting a damper on home buying and refinancing
Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.Business - MarketWatch - October 16 -
Cuba plunged into crisis by prolonged power blackouts
President warns against ‘vandalism’ after fuel shortages exacerbate economic strugglesBusiness - Financial Times - October 21 -
Kering warns on profit as Gucci sales plunge
French luxury group grapples with turnaround at its biggest brand as demand dips in AsiaBusiness - Financial Times - October 24 -
China’s industrial profits plunge as economic momentum falters
Steep monthly decline in September comes as policymakers battle to restore confidenceBusiness - Financial Times - October 27 -
Japan’s PM vows to stay on after election debacle
Shigeru Ishiba has presided over a result that threatens to plunge country’s politics into paralysisBusiness - Financial Times - October 28 -
Wise chief executive fined £350,000 over ‘tax issues’
UK financial regulator says Kristo Käärmann breached conduct rules but clears him to continue in his jobBusiness - Financial Times - October 28 -
From intern to CEO: does it pay to be a company lifer?
Executives who spend their career at one place can boost morale and loyalty but risk stifling innovationBusiness - Financial Times - October 28 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
Volkswagen in Drive to Cut Costs as Earnings Plunge
The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.Business - The Wall Street Journal - October 30 -
EstéeLauder Shares Plunge 21% After It Slashes Dividend
The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.Business - The Wall Street Journal - October 31 -
Florida Rejects Recreational Marijuana as Cannabis Stocks Plunge
A ballot measure to legalize recreational pot failed to reach the required 60 percent threshold for passage, and publicly listed companies’ shares dropped after a major market was closed to them.Business - Inc. - 2 days ago -
Gold's price is plunging. Is this the right time to buy in?
Gold's price has dropped to a three-week low, which could present a good opportunity for investors. Here's why.Top stories - CBS News - Yesterday -
Vistry shares plunge as cost overruns hit profits
UK housebuilder blames ‘insufficient management capability’ and ‘poor divisional culture’ for underestimating costsBusiness - Financial Times - 11 hours ago -
Trump Media shares fall nearly 10% after DJT plunge triggers trading halt
Trading in Trump Media shares was briefly halted due to volatility, after the Truth Social owner's stock suddenly plunged in price.Business - CNBC - October 15 -
Eric Adams’s Campaign Donations Plunge After Federal Indictment
Donations to the New York City mayor’s re-election campaign ceased after a five-count federal corruption indictment against him was unsealed last month.Top stories - The New York Times - October 15 -
Trump Media's stock is halted after sudden plunge in DJT shares
Trading in Trump Media, owner of Truth Social, was halted briefly on Tuesday after the stock suddenly plunged.Top stories - CBS News - October 15 -
What to know about the electrical grid failure that plunged Cuba into darkness
A few things to know after millions of people in Cuba were left without electricity for two days when the nation's electrical grid collapsedWorld - ABC News - October 20 -
FirstFT: Shares in McDonald’s plunge on links to E. coli outbreak
Also in today’s newsletter, Israel claims Nasrallah’s heir killed and Starbucks scraps financial guidanceWorld - Financial Times - October 23 -
Kentucky lawmaker dies weeks after plunging into an empty swimming pool on a mower
Kentucky state Sen. Johnnie Turner has died weeks after being injured when the lawn mower he was riding plunged into an empty swimming pool at his homeTop stories - ABC News - October 23 -
Lawmaker dies after plunging into swimming pool on lawn mower
Kentucky state Sen. Johnnie Turner was known for his staunch support for the coal industry and other causes in his Appalachian district.Top stories - CBS News - October 24 -
Kentucky lawmaker dies after lawnmower plunges into swimming pool
Kentucky state Sen. Johnnie Turner (R) died Tuesday from injuries he suffered after being thrown into an empty swimming pool while riding his lawnmower just over a month ago. Turner, 76, formerly ...Politics - The Hill - October 24 -
Chapel Down shares plunge after winemaker pulls back on sale plans
England’s largest producer says it will remain independent and also downgrades sales guidanceWorld - Financial Times - October 25 -
Remy Cointreau Warns of Sales Plunge as U.S., China Woes Persist
The maker of Remy Martin and Cointreau ditched its forecast of a gradual organic sales recovery over the course of the year to March 2025 and projected, instead, a decline in the double-digit ...Business - The Wall Street Journal - October 25 -
China's industrial profits plunge at fastest pace since the pandemic
The country's industrial profits declined 27.1% year-on-year in September.Business - CNBC - October 28 -
Japan plunged into political turmoil after voters punish ruling LDP
Coalition led by Prime Minister Shigeru Ishiba’s Liberal Democratic party loses parliamentary majorityBusiness - Financial Times - October 28 -
Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans
German automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.Business - CNBC - October 30 -
Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?
Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.Business - MarketWatch - October 30 -
What the Budget means for your money
Key measures on tax, investments, pensions and propertyBusiness - Financial Times - October 30