Latest in Prices Slump Marking
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Oil prices lose 2% after China offers little detail on stimulus plans
Oil futures ended lower Monday to give back all of last week’s gains and then some, after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to ...Business - MarketWatch - October 14 -
Schlumberger’s stock slumps as falling oil prices turn customers cautious
Schlumberger’s stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.Business - MarketWatch - October 18 -
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...World - The Guardian - October 15 -
LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter salesBusiness - MarketWatch - October 16 -
Stellantis Car Deliveries Slump on U.S. Woes
Stellantis vehicle deliveries fell 20% in the third quarter as the Jeep and Ram-maker began to take measures to address excess inventory in the U.S.Business - The Wall Street Journal - October 16 -
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European Union’s car market slumps further in September
New car registrations dropped by 6.1% in September driven by lower sales in Europe’s top three markets, France, Italy and GermanyBusiness - MarketWatch - October 22 -
Starbucks Suspends Guidance as Sales Slump Persists
The coffee chain needs to “fundamentally change” strategy, the new CEO, Brian Niccol, said. Shares fell in premarket trading.Business - The Wall Street Journal - October 23 -
Durable-goods orders retreat due to Boeing. Manufacturing slump goes on.
Orders at U.S. factories fell almost 1% in September — mostly due to fewer aircraft bookings — and showed little sign of a rebound in a slump-ridden manufacturing industry.Business - MarketWatch - October 25 -
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 -
Market responds negatively to latest China stimulus moves
Futures on Hong Kong-listed stocks slumped on Friday after the country unveiled its stimulus program.Business - MarketWatch - Yesterday -
Unpacking Mark Zuckerberg’s Midlife Crisis
Is Mark Zuckerberg’s style transformation just a matter of a change in personal taste? Or is the infamous tech mogul trying to tell us something about Meta?Tech - Wired - October 31 -
Mark Robinson Sues CNN Over
Mr. Robinson’s campaign for governor of North Carolina has been in crisis since the report, which the lawsuit calls “recklessly false.”Top stories - The New York Times - October 15 -
Harris campaigns with Mark Cuban in Wisconsin
Vice President Harris on Thursday was joined by businessman Mark Cuban on the campaign trail in Wisconsin, getting a boost from a high-profile surrogate as she highlighted her economic agenda. ...Politics - The Hill - October 17 -
Why Mark Cuban is campaigning for Harris
Billionaire investor Mark Cuban has emerged as one of Vice President Harris’s most visible surrogates, becoming the latest business leader to jump off the political sidelines in the final stretch ...Politics - The Hill - October 30 -
Why Mark Cuban backs Harris
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Mark Cuban's campaign blitz for Harris The billionaire investor has emerged as one of Vice President ...Politics - The Hill - October 30 -
Aaron Judge’s Playoff Slump Is Over. Now He Needs to Carry the Yankees.
Judge’s home run in Game 2 let the Yankees exhale, for so many reasons.Sports - The New York Times - 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 -
Elevance Health’s stock slumps 13% as profit dented by ‘unprecedented’ Medicaid challenges
Elevance Health Inc.’s stock tumbled 13% Thursday and weighed on rivals after the health insurer’s third-quarter profit fell short of estimates amid ”unprecedented” challenges in the Medicaid ...Business - MarketWatch - October 17 -
Starbucks boss shakes up menu to win back customers
The coffee shop chain has also promised to look at pricing and staffing to prevent bottlenecksTop stories - BBC News - October 23 -
Wall Street slumps as rates climb, and more negativity on the iPhone 16 emerges
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 23 -
Mercedes-Benz Earnings Slump on Tough Economic Backdrop, Fierce Competition
The luxury-car maker’s net profit halved in the third quarter and it said profitability in its main cars business was weaker due to softer pricing and lower sales of its higher-margin models.Business - The Wall Street Journal - October 25 -
Estée Lauder shares plunge as China sales slump prompts dividend cut
Beauty group’s stock drops 25% after guidance withdrawn for rest of yearBusiness - Financial Times - October 31 -
Trump's wealth slumps by $1.9 billion amid DJT stock plunge
Trump Media & Technology Group's stock, which trades under DJT, is plunging just days before the November 5 election.Top stories - CBS News - October 31 -
Three Potential Trade Targets For Slumping Avalanche Team In Need Of Depth
The Colorado Avalanche are a Jekyll-and-Hyde team — and Adam Proteau has a handful of trade options for Avs brass to consider as they try and correct the team's course.Sports - Yahoo Sports - 5 days ago -
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Tesla and US bank stocks jump in post-election trades as renewables slump
Companies whose fortunes are closely tied to US economy should benefit, say analystsWorld - Financial Times - 2 days ago -
Brazilian real slump pressures Lula to take action on spending
Leftwing administration promises fiscal containment measures in effort to calm financial marketsWorld - Financial Times - 3 days ago -
Nissan cuts 9,000 jobs and halves CEO’s pay as it sinks to a loss
Carmaker to slash global production capacity by a fifth in emergency turnaround planWorld - Financial Times - 2 days ago -
Dating Site Companies Match and Bumble Report Slumping Results
Match forecasts lackluster revenue as Tinder sales sputter, while Bumble’s app overhaul slowed sales enough to cause its first ever quarterly earnings drop.Business - Inc. - 2 days ago -
Will the price of gold fall this November?
The price of gold has broken multiple records so far in 2024. But will it fall this November? Here's what to consider.Top stories - CBS News - October 25 -
Flaherty leads 'pitching clinic' as Dodgers tie mark
Jack Flaherty combined on a three-hitter and Dodgers pitchers tied the postseason record of 33 consecutive scoreless innings by routing the Mets 9-0 Sunday night in the NL Championship Series opener.Sports - ESPN - October 14 -
For Becky G, 'Encuentros' marks her next chapter
A decade deep in her craft, Becky G is ready for her new chapter with the release of her fourth studio album, "Encuentros."Entertainment - Los Angeles Times - October 14 -
The Watches of Switzerland Group Marks Its Centennial
Brian Duffy, the company’s chief executive, reflects on growth, philanthropy and a new opportunity in jewelry.Lifestyle - The New York Times - October 18 -
Trump calls Harris surrogate Mark Cuban ‘a loser’
Former President Trump took a swipe at Mark Cuban on Saturday, calling the billionaire who has hit the campaign trail for Vice President Harris “weak and pathetic.” “Mark Cuban is a Loser. ...Politics - The Hill - October 19
