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ISM factory index drops, marking 7th straight month below growth threshold
The malaise that has loomed over the manufacturing sector for the better part of the past two years seems like it will continue, according to one economist.Business - MarketWatch - 3 days ago -
Weak Jobs Report Provides Fodder For Harris and Trump Ahead of Election
Republicans and Democrats used the latest jobs numbers to bolster their arguments about who would be better at managing the economy.Business - The New York Times - 3 days ago -
Biden going on campaign trail after weak October jobs report
President Biden will head back out on the campaign trail over the weekend after a rough week for his administration that began with backlash over Mr. Biden appearing to call Trump supporters ...Top stories - CBS News - 3 days ago -
Nintendo Cuts Switch Sales Forecasts After Weak Results
The Japanese videogame maker cut its annual forecasts for Switch console and software sales after disappointing first-half results.Business - The Wall Street Journal - 5 hours 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 -
Kroger and Walmart Deny ‘Surge Pricing’ After Adopting Digital Price Tags
Some members of Congress have expressed concerns that stores will monitor customers and raise prices. Business experts say the technology has not raised customers’ grocery bills.Business - The New York Times - October 23 -
Democrats call for investigation into grocery prices
Sen. Elizabeth Warren (D-Mass.) and Rep. Adam Schiff (D-Calif.) are calling on administration officials to investigate Albertsons and other major grocery chains for “predatory practices” they say ...Politics - The Hill - 19 hours ago -
Trump takes swipe at 'weak and soft' Fox News over upcoming Harris interview
Former President Trump seemingly mocked Fox News Monday evening, after the network announced that Vice President Harris agreed to sit for an interview, calling the outlet "weak and soft." "Lyin’ ...Politics - The Hill - October 15 -
'You can't show weakness' - why African leaders maintain secrecy around their health
There is a long history of African leaders hiding or lying about their health to keep rivals at bay.Top stories - BBC News - October 19 -
‘We look strong but inside I feel weak’: Ukraine rugby league’s heavy burden
Despite being bombed, the national players are a source of pride as they travel to France for World Cup qualifiers. By Gavin Willacy for No Helmets Required . A little over two weeks ago, Vitalii ...World - The Guardian - October 22 -
There are still banks prone to the runs that brought down SVB and Credit Suisse, regulators warn
The Financial Stability Board, an international body of global regulators, delved into the issues that brought about the collapse of Credit Suisse, the failure of SVB, Signature and First Republic, ...Business - MarketWatch - October 23 -
Crocs’ stock tumbles 18% as earnings beat is offset by continued weakness at HeyDude brand
Crocs Inc.’s stock tumbled 16% Tuesday after the casual-footwear company’s better-than-expected third-quarter earnings were derailed by continued weakness at its HeyDude brand and a warning that it ...Business - MarketWatch - 6 days ago -
Bond traders shake off weak jobs report, send 10-year Treasury yield to 4-month high
Long-dated Treasury yields ended at their highest levels since early July on Friday as traders looked past October’s nonfarm-payrolls report, which came in well below expectations.Business - MarketWatch - 3 days ago -
Weak jobs data can’t stop 10-year yield’s climb as stock-market rally lost steam
Bond-market traders shook off Friday’s weak nonfarm payrolls report for October by sending the benchmark 10-year yield to its highest level since early July, which may have sapped some momentum out ...Business - MarketWatch - 3 days ago -
Marqeta’s stock may shed a third of its value as these factors spur weak outlook
The fintech company’s forecast fell short of prior guidance as some customers are moving to in-house solutions and others are reacting to heightened banking regulations.Business - MarketWatch - 11 hours ago -
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyBusiness - Financial Times - October 14 -
Ferrari F80 2024: Specs, Price, Availability
The stats are staggering: 0 to 62 mph in just 2.1 seconds, 1,000 kilos of downforce at 155 mph, Formula One tech throughout. But the most interesting thing about this jaw-dropping hyperhybrid is ...Tech - Wired - October 17 -
Netflix raises prices as boost from password crackdown fades
The streaming giant will charge subscribers more in some countries to fuel growth.Top stories - BBC News - October 18 -
Labour discovers price of freebies in our democracy
Journalists are right to raise questions over Starmer’s Taylor Swift meeting and acceptances from donorsWorld - Financial Times - October 18 -
Egypt increases fuel prices by 10% to 17%
Egypt has raised fuel prices by between 10% and 17%, a move likely to impact the cost of both goods and servicesWorld - ABC News - October 18 -
CVS replaces CEO as profits, share price suffer
Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.Top stories - NBC News - October 18 -
At London Pen Shows, Collectors Seek ‘Art of the Highest Quality’
For collectors and enthusiasts at the London Pen Show, the finest writing instruments can cost thousands of dollars. As one dealer put it, “This is art of the highest quality.”Lifestyle - The New York Times - October 22 -
Power, as well as price, matters in a well-run economy
That’s the lesson to take from both the founding of the Bretton Woods system 80 years ago and the Biden administration todayWorld - Financial Times - October 21