Latest in Lowering Expectations Corporate
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Nintendo reports lower profits as demand drops for its aging Switch console
Nintendo, the Japanese video game maker behind the Super Mario franchise, says its profit fell 60% in the first half of the fiscal year, as demand waned for its Switch console, now in its eighth ...Entertainment - ABC News - November 5 -
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Trump Media closes in the red on Election Day, giving up earlier rally
Shares of retail trader favorite Trump Media & Technology Group (DJT) were active as Election Day is finally here.Business - CNBC - November 5 -
Oil prices end higher as traders weigh potential Trump policies
Oil futures finished higher on Thursday, recouping their losses from a day earlier and then some, as traders continued to tackle uncertainty surrounding incoming U.S. President Donald Trump’s ...Business - MarketWatch - November 7 -
BT says UK Budget will lift costs by £100mn as it lowers revenue guidance
Chief executive Allison Kirkby calls increase a ‘new inflationary pressure that we need to suffer in our business’World - Financial Times - November 7 -
The Federal Reserve lowers interest rates by 0.25 percentage points
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.Top stories - CBS News - November 7 -
Will you have a lower tax rate in retirement? Maybe not, financial advisors say
Most people will have a lower tax rate when they retire, but others won't due to factors like large required 401(k) and IRA withdrawals, advisors said.Business - CNBC - November 7 -
Here's why ETFs often have lower fees than mutual funds
Fees are one of the few things people can control relative to investing.Business - CNBC - November 8 -
Retiring to another state for lower taxes? The hidden costs you need to know.
Moving can work out well financially, but there are some expenses that you may be overlookingBusiness - MarketWatch - November 9 -
Trump has promised lower interest rates. That will be largely out of his control.
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a range of factors largely outside of the president’s control.Politics - NBC News - November 11 -
Instacart’s weak outlook for the end of the year drags the stock lower
Instacart says sales are up 12%, but investors worry about weaker outlook and the prospect of cooling demand.Business - MarketWatch - November 13 -
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FirstFT: US companies rush to cash in on Trump market rally
Also in today’s newsletter, FTC targets Microsoft and Argentina cools on Paris climate accordWorld - Financial Times - 4 days ago -
Alibaba’s stock turns lower as investments to meet AI demand hurt profitability
Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.Business - MarketWatch - 4 days ago -
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What Trump could do to lower grocery prices, according to experts
Food prices have climbed more than 25% since President Joe Biden took office.Top stories - ABC News - 3 days ago -
Despite Lowering Toll to $9, Hochul May Find a Higher Political Cost
Gov. Kathy Hochul’s move to revive congestion pricing in New York has energized her Republican opponents, giving them fodder to fight her re-election in 2026.Top stories - The New York Times - 4 days ago -
Ukraine conducts first Russia attack with U.S. missiles; Putin lowers bar for nuclear strike
Russian President Vladimir Putin formally lowered the threshold for his country's use of nuclear weapons Tuesday, after the U.S. allowed Ukraine to strike inside Russia using American missiles.Top stories - NBC News - 4 hours ago -
Putin formally lowers threshold for Russia's use of nuclear weapons
In an alarming move, Russian President Vladimir Putin has formally lowered the threshold for his country’s use of nuclear weapons, sending a message to Ukraine and the U.S. with the new terms of ...Top stories - NBC News - 12 hours ago -
Former U.S. ambassador to Ukraine on Putin lowering Russian threshold for use of nukes
Former U.S. Ambassador to Ukraine William Taylor joined CBS News to discuss Ukraine's use of American missiles in strikes on Russian territory and Vladimir Putin's change of Russia's nuclear doctrine.Top stories - CBS News - 5 hours ago -
Sources: Middleton expected to miss opener
Bucks star Khris Middleton, who is rehabbing from offseason ankle surgeries, is expected to miss Wednesday's season opener against the 76ers, sources told ESPN.Sports - ESPN - October 21 -
WPP Returns to Growth, Beating Expectations
WPP reported a surprise rise in organic revenue for the third quarter, returning to growth after declines in previous quarters, as it benefited from higher spending among its bigger clients and a ...Business - The Wall Street Journal - October 23 -
Bloomsbury to beat expectations on ‘romantasy’ boom
Publisher reports best-ever first half as sales of authors such as Sarah J Maas and JK Rowling continue to soarBusiness - Financial Times - October 24 -
Bud Light Owner's U.S. Sales Bounce Back After Boycott
After over a year of seeing its American sales hammered by a boycott, Anheuser-Busch InBev said its U.S. sales had bounced back, helping the Bud Light owner partly outweigh big drops internationally.Business - The Wall Street Journal - October 31 -
Here's the weather expected for Halloween night
Weather in the Northeast will be warmer than usual during Halloween, a change from what's usually a cold night for families who will be out trick-or-treating. CBS News' Lana Zak breaks down what's ...Top stories - CBS News - October 31