Higher Third Quarter

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 - October 31

Expect Higher Costs for Your Health Care Benefits Next Year

Employers are predicting an increase of as much as 9 percent, on average, but are generally avoiding passing along much of that to their employees, industry groups say.

Business - The New York Times - November 1

Jobless rate ticks higher in October for white Americans, bucking the broader trend

The unemployment rate for white workers crept higher in October, running counter to the overall trend.

Business - CNBC - November 1

10-year Treasury yield ends lower after strong auction as investors await election results

Long-dated Treasury yields erased their rise to end lower Tuesday following an auction of 10-year notes that met solid demand as investors awaited the outcome of the U.S. presidential election.

Business - MarketWatch - 3 days ago

Oil ends higher for a fifth straight session as traders await U.S. election results

Oil futures settled Tuesday with a fifth straight session gain as investors awaited the outcome of a contentious and close U.S. presidential election and weighed developments in the Middle East.

Business - MarketWatch - 3 days ago

How Trump has succeeded in drawing higher voter turnout

NBC News' Chuck Todd takes a look at how former President Trump has worked to help draw higher voter turnout from his supporters and how trend lines seem similar to his 2016 victory.

Ferrari Defies Wider Auto Industry Malaise With Higher Sales, Earnings

Ferrari posted higher sales and earnings in the third quarter and said it was more confident that it would hit its annual guidance, racing ahead of other car makers that are grappling with ...

Business - The Wall Street Journal - 3 days ago

Weekly mortgage demand tanks 11% as interest rates surge higher

Total mortgage application volume dropped 10.8% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.

Business - CNBC - 2 days ago

Ozempic maker Novo Nordisk nudges higher profit forecast

Novo Nordisk on Wednesday nudged higher its outlook for the year as the drugmaker registered another quarter of strong sales of its weight-loss drugs.

Business - MarketWatch - 2 days ago

Mortgage rates surge higher on Trump victory, causing housing stocks to fall

Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe's were also lower.