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McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.Business - CNBC - 23 hours ago -
What to expect in Rachel Reeves’ first Budget
Chancellor is due to unveil tax and spend measures, but she may struggle to boost growth quicklyWorld - Financial Times - Yesterday -
McDonald's surpasses earnings expectations in Q3 report
Fast food giant McDonald's reported its third quarter results Tuesday morning with revenue beating Wall Street's expectations at around $6.9 billion. CBS MoneyWatch correspondent Kelly O'Grady has ...Top stories - CBS News - 21 hours ago -
Clariant Third-Quarter Profits Miss Expectations
The chemicals company reported weaker results for the three months through September and cautioned that it didn’t expect a significant economic recovery in 2024 due to persistent economic challenges.Business - The Wall Street Journal - Yesterday -
Santander's Profit Beats Expectations on Lower Provisions, Costs
Spain’s largest bank by market capitalization reported a 12% on-year increase in net profit for the three months ended Sept. 30, as lighter provisions and costs helped offset the impact from the ...Business - The Wall Street Journal - Yesterday -
Woolworths Cuts Expectations for Australian Food Earnings
Australian grocer Woolworths expects fiscal first-half earnings in its key Australian food division to be below previous expectations, as customers continue to be price conscious when facing cost ...Business - The Wall Street Journal - 14 hours ago -
UBS reports better than expected profits
Swiss bank’s markets business helped by increase in volatilityBusiness - Financial Times - 4 hours ago -
What to expect in Rachel Reeves’ first Budget
Chancellor is due to unveil tax and spend measures, but she may struggle to boost growth quicklyBusiness - Financial Times - Yesterday -
This stock market rotation is the ‘lifeblood’ of the bull market as S&P 500 logs record
The stock market’s performance beneath the surface of the S&P 500 is shifting lately.Business - MarketWatch - October 20 -
Election-betting odds are swaying some stock-market investors as Trump’s chances improve
Stock-market investors appear to be taking cues from shifts in betting markets that show a rising probability not only of Donald Trump winning the presidency on Nov. 5, but of Republicans also ...Business - MarketWatch - 5 days ago -
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A stock-market upside breakout is just around the corner. Be patient.
Market indicators are calling for near-term caution but intermediate-term bullishness.Business - MarketWatch - October 14 -
Lenders get creative to finance small businesses in developing markets
Start-ups use novel lending practices to extend credit to underserved groupsWorld - Financial Times - October 14 -
Is the stock market open on Columbus Day? Are banks and post offices closed?
Monday is both Columbus Day and Indigenous Peoples’ Day, and many services will be closed or running with modified hoursBusiness - MarketWatch - October 14 -
Nvidia closes at record as AI chipmaker's market cap tops $3.4 trillion
Nvidia shares closed at an all-time high on Monday as the chipmaker continues to ride a massive wave of demand for its artificial intelligence chips.Business - CNBC - October 14 -
Jim Cramer explains why the Magnificent Seven have lasting strength in the market
The Magnificent Seven includes Amazon, Alphabet, Apple, Microsoft, Nvidia, Meta and Tesla.Business - CNBC - October 14 -
‘800lb gorilla’: luxury brands battle China’s hit grey-market app
Sales of top brands on DeWu make up estimated 70% of country’s grey market as consumers hunt for lower pricesWorld - Financial Times - October 15 -
Bellway says Budget ‘mixed messages’ hurting UK property market
Housebuilder expects to deliver more homes next year as borrowing costs easeBusiness - Financial Times - October 15 -
The Stock Market’s Bullish Run Is Likely to Continue, Analysts Say
The bullishness on Wall Street is largely based on confidence that the Federal Reserve will tame inflation, the economy will remain solid and corporate earnings will continue to grow.Business - The New York Times - October 15 -
Paris Is Rising as an Art Market Hub, With Some Way Left to Go
Sotheby’s opened a new salesroom and international collectors are arriving for the inaugural Art Basel Paris fair. But visiting is one thing; buying is another.Business - The New York Times - October 15 -
Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”Business - The New York Times - October 15 -
The stock market is rallying because ‘fear has left the building.’ Here’s the danger.
It may be time for stock-market investors to “look tactically at downside risk into month-end,” says a top Wall Street technical analyst.Business - MarketWatch - October 16 -
The bond market may be at risk from inflationary forces beyond the Fed’s control
Investors remain nervous about upside risks to inflation, such as the outcome of the Nov. 5 presidential election, that haven’t been priced into the bond market — and which policymakers may not be ...Business - MarketWatch - October 15 -
EU markets watchdog pushes for extra cyber defences in new crypto rules
Esma asks for amendment to tighten regulation with demand for external audits of defences against hackersWorld - Financial Times - October 16 -
Why Einhorn says it’s the most expensive stock market in decades
One leading hedge fund says it’s not just tech stocks with nosebleed valuations.Business - MarketWatch - October 16 -
Re-assessing the October 2022 market crisis (vibes-based edition)
Seems legitWorld - Financial Times - October 16 -
Hong Kong’s IPO market could benefit from robo-vehicle boom
If Horizon reaches its $696mn target, it would be the city’s largest initial public offering this yearWorld - Financial Times - October 16 -
U.K. Regulator Starts Review Into Motor and Home Insurance Market
The regulator said it is concerned that the part of the market that allows people to pay for insurance in installments might not be providing fair value to more than 20 million customers.Business - The Wall Street Journal - October 16 -
Jim Cramer's top 10 things to watch in the stock market Wednesday
U.S. stock futures were flat Wednesday as Wall Street looks to rebound to its record highs.Business - CNBC - October 16 -
ASML says chip-market slump will mainly impact sales to China
A day after a profit warning that rocked the stock market, executives at ASML Holding said the slower-than-expected recovery in the microchip market will have the sharpest impact on sales to China ...Business - MarketWatch - October 16 -
MLB playoff viewership surges as big market stars vie for World Series
Major League Baseball is enjoying a resurgence in popularity that at one point looked like the sport was in jeopardy of never returning to.Business - CNBC - October 16 -
MLB playoff viewership surges as big market stars vie for World Series
Major League Baseball’s postseason has been knocking it out of the park.Top stories - NBC News - October 16 -
Boston’s New Soccer Team Misses the Mark With Name and Marketing Campaign
The N.W.S.L. club will be called BOS Nation FC. No one could have been prepared for the video that came next, a columnist for The Athletic writes.Sports - The New York Times - October 16 -
UK graduates face tough jobs market as AI transforms recruitment
Fierce competition for roles has been sharpest in highly paid sectors such as IT and consultingBusiness - Financial Times - October 16
