Latest in Household Finance Outlook
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Tommy Bahama maker Oxford depends on Florida for sales. It just cut its outlook following hurricanes Milton and Helene.
Shares of Oxford Industries sank after hours Wednesday after the maker of Tommy Bahama and Lilly Pulitzer clothing cut its full-year forecast — citing the impact of hurricanes Milton and Helene on ...MarketWatch - 7h -
Finance Moguls Revel in Trump’s Return and Ignore the Peril
The financial world sees plenty of opportunity in the return of President-elect Donald J. Trump. For now, Wall Streeters are looking past the risks.The New York Times - 7h -
British American Backs Outlook as U.S. Investment Drives Momentum
The cigarette maker—which houses the Kent, Dunhill and Lucky Strike brands—expects second-half revenue growth to accelerate and also backed its midterm targets.The Wall Street Journal - 22h -
Here’s what one employee hiding money is doing to Macy’s stock and profit view
Macy’s cut its full-year earnings outlook, after making adjustments to reflect the impact of misstated delivery expenses.MarketWatch - 16h -
Adani drops US financing for strategic Sri Lanka port
Conglomerate pulls out of $500mn loan deal as it wrestles with bribery allegationsFinancial Times - 1d -
South Korean upheaval rattles US plan to counter China
Washington’s attempt to build alliance in east Asia could founder if a left-wing president succeeds Yoon Suk YeolFinancial Times - 1d -
Qatar’s $500bn wealth fund targets bigger deals as LNG windfall looms
New chief says QIA will deploy cash ‘more aggressively’ as it conducts investment review ahead of huge influxFinancial Times - 1d -
A guide to 2025 investment outlooks by someone who hasn’t read them
Well the years start comin’ and they don’t stop comin’Financial Times - 1d -
Reeves says assisted dying unlikely to hit public finances
The Chancellor voted with hundreds of MPs to pass the first stage of Terminally Ill Adults (End of Life) Bill.BBC News - 1d -
Designer Brands Cuts 2024 Outlook
Designer Brands said its sales fell in the third quarter and cut its outlook for the year as unfavorable weather and economic uncertainty reduced consumer spending. Shares fell premarket.The Wall Street Journal - 1d -
Household finance outlook is highest since early 2020, New York Fed survey shows
Optimism about household finances hit a multiyear high following Donald Trump’s presidential election victory in November, according to a New York Federal Reserve survey released Monday.NBC News - 2d -
Household finance outlook hits highest since February 2020 following Trump win, New York Fed survey shows
Heads of households expecting their financial situation to be better a year from now jumped to 37.6%.CNBC - 2d -
Elon Musk spent a quarter-billion dollars electing Trump, including financing mysterious 'RBG PAC'
Elon Musk poured more than $20 million into a mysterious super PAC at the end of 2024, part of more than $250 million he spent overall to boost Donald Trump.NBC News - 5d -
OPEC+ oil output delay a 'reality check’ as group eyes demand, U.S. outlook, Saudi energy min says
"It's not a good idea to bring volumes in the first quarter," Saudi Arabia's Abdulaziz bin Salman assessed, with reference to demand and global uncertainty.CNBC - 5d -
What are Social Security's trust funds? New debate emerges on program's financing
As Social Security's trust funds run low, one politician is questioning the way the program is financed.CNBC - 6d -
Southwest and American airlines raise sales outlooks, shares jump
Southwest and American airlines forecast stronger-than-expected revenue for the fourth quarter.CNBC - 6d -
Etsy Taps Eventbrite Leader as Finance Chief in Flurry of Executive Changes
The e-commerce company named Charles Baker as its next CFO, effective Jan. 1. He succeeds Rachel Glaser, whose retirement was announced in late July.The Wall Street Journal - 6d -
Southwest Airlines Lifts Revenue Outlook
Southwest Airlines is the latest airline lifting its revenue guidance for the final quarter of the year as travel demand holds steady.The Wall Street Journal - 6d -
Trump picks former Development Finance Corp. CEO Adam Boehler as special envoy for hostage affairs
Adam Boehler was on the team that negotiated the Abraham Accords, a significant foreign policy achievement of Donald Trump's first term.CNBC - 6d -
Colombia finance minister resigns amid corruption probe
Ricardo Bonilla, the second person to hold the post under President Gustavo Petro, will be replaced by his deputyFinancial Times - 6d -
Five Below announces new CEO, shares jump on more upbeat outlook, ‘solid Black Friday’
Shares of Five Below Inc. jumped after hours Wednesday after the teen-centric discount chain raised its full-year outlook, citing an “encouraging” Black Friday weekend as it heads into final weeks ...MarketWatch - Dec. 5 -
PVH Stock Falls After Holiday Outlook Falls Short
The company guided for sales to fall between 6% and 7% in the current quarter, wider than the 4.5% decline forecast by analysts.The Wall Street Journal - Dec. 4 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
Foot Locker shares tumble as it issues gloomy holiday outlook, sees 'softness' at Nike
Foot Locker fell short of Wall Street expectations and cut its guidance after sales declined more than expected.CNBC - Dec. 4 -
U.S. factory sector outlook still looks soft despite rise in October
Orders for manufactured goods posted the first increase after two straight monthly declines.MarketWatch - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
Lloyds boss warns of UK ‘investability problem’ after motor finance ruling
Sector left reeling after court backs consumer complaints about ‘secret commissions’ on car loansFinancial Times - Dec. 4
