Sales Plunge August
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NBC News - Top stories
August home sales drop more than expected, as prices set a new record
Sales of previously owned homes fell 2.5% in August from July, to a seasonally adjusted annualized rate of 3.86 million units, according to the National Association of Realtors.1 hour ago -
CNBC - Business
Darden Restaurants earnings disappoint as Olive Garden, fine dining sales struggle
Olive Garden parent Darden Restaurants reported weaker-than-expected earnings and revenue for its fiscal first quarter.1 hour ago -
CNBC - Business
August home sales drop more than expected, as prices set a new record
The median price of an existing home sold in August was $416,700, up 3.1% from August 2023.1 hour ago -
MarketWatch - Business
U.S. leading-economic-indicators index drops for sixth straight month
The leading indicators for the U.S. economy sank 0.2% in August, the privately run Conference Board said Thursday. That is the sixth straight monthly decline.1 hour ago -
CNBC - Business
Bank of England presses pause on rate cuts, highlights 'gradual approach'
The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50 basis point rate cut.1 hour ago -
MarketWatch - Business
Home sales fall to lowest level since October 2023
Existing-home sales fell to a rate of 3.86 million in August, the National Association of Realtors said.1 hour ago -
CNBC - Business
Trump Media shares slide with DJT sale restrictions set to lift
Donald Trump, the majority shareholder of Trump Media and the biggest name on Truth Social, said he has no plans to sell his DJT stock when lockup ends.2 hours ago - Donald Trump -
CBS News - Top stories
Tupperware files for bankruptcy as sales drop
Tupperware, which has been around for 80 years, is filing for Chapter 11 bankruptcy as sales have dropped recently. The company says it intends to keep going as it looks for a new owner.2 hours ago -
BBC News - Top stories
Netflix and TikTok boost overseas sales, says Next
The High Street retailer claims entertainment is exposing the global market to different fashions.6 hours ago - Netflix -
GameSpot - Tech
Pokemon Lite-Brite With Six Templates Is On Sale For Under $20 At Amazon
Pokemon fans who want to relive their youth or finally own one of the toys they saw advertised on TV can get the Pokemon-themed Lite-Brite for its lowest price yet. The Pokemon Lite-Brite ...11 hours ago -
NBC News - Top stories
Best Buy’s holiday sales events: What to know
Best Buy just announced its upcoming sale events happening in the next few months. It includes an exclusive member sale, a 48-hour flash sale, an Apple trade-in event and much more.21 hours ago -
CBS News - Top stories
Mortgage rates plunge to 2-year low: Should you lock a rate now?
With mortgage rates trending downward, it could make sense to lock in a loan rate now. Here's why.23 hours ago - Mortgage -
VentureBeat - Tech
AI startup Rep.ai raises $7.5M to launch ‘digital twin’ sales representatives
Rep.ai raises $7.5M to launch AI-powered "digital twin" sales representatives, offering 24/7 video and audio engagement for website visitors, challenging traditional chatbots and human sales ...23 hours ago - Artificial Intelligence -
Financial Times - Business
From Taipei to Budapest: the mysterious trail of exploding pagers
Supply chain of devices involved in audacious attacks in Lebanon spans three continentsYesterday -
MarketWatch - Business
New-home construction posts biggest increase in 6 months
Construction on new U.S. homes rose 9.6% in August, the Commerce Department said Wednesday.Yesterday -
BBC News - Top stories
Inflation holds steady despite jump in air fares
Lower fuel prices helped offset the higher cost of flying in the year to August.Yesterday -
Wired - Tech
It’s the Last Day of the All-Clad Factory Seconds Sale
All-Clad cookware is the best you can buy—and it has a price tag to match. This sale will stretch your dollars.Yesterday -
MarketWatch - Business
Tupperware Brands files for bankruptcy after years of weak sales
Tupperware Brands, the iconic food-storage company known for its resealable plastic containers and pioneering direct-to-consumer sales, has filed for bankruptcy after years struggling with weak sales.Yesterday -
Financial Times - World
August inflation data takes BoE September rate cut off the table
Core and services inflation ticked up, though the overall direction of travel remains positiveYesterday -
Financial Times - Business
UK inflation holds steady at 2.2% in August
Figures come ahead of Bank of England interest rate decision on ThursdayYesterday - United Kingdom -
CNBC - Business
UK inflation holds steady in August, matching expectations
U.K. inflation came in at 2.2% for the month of August, data from the Office for National Statistics showed Wednesday.Yesterday - United Kingdom -
CBS News - Top stories
Tupperware files for bankruptcy amid slumping sales
Tupperware and some of its subsidiaries have filed for Chapter 11 bankruptcy protection, the once-iconic food container maker said in a statement.Yesterday -
CBS News - Top stories
Border encounters up slightly in August, but apprehensions remain low
Encounters at the southern border rose slightly in August, but apprehensions are still around their lowest level in four years, according to data from Customs and Border Protection. CBS News ...Yesterday -
MarketWatch - Business
2-, 10-year Treasury yields bounce off 2024 lows after August retail-sales data
Treasury yields rose slightly on Tuesday, but remained not far from their lowest closing levels in one or two years, after August’s retail-sales report pointed to a U.S. economy that remains stable.Yesterday -
VentureBeat - Tech
Pipedrive brings new AI-powered Pulse to its sales CRM
Pulse, therefore, is designed to streamline the process of sorting the most valuable and close-to-closing deals.Yesterday -
The New York Times - Business
Air Mail, Digital Weekly for the Smart Set, Is Said to Be Exploring a Sale
The company, founded in 2019, is known for its weekend newsletter of deeply reported features, travel recommendations and shopping tips.Yesterday -
Financial Times - Business
BP’s US wind sale will not clear its strategic fog
UK oil major has underperformed its rivals as oil prices have started to sinkYesterday -
The Hill - Politics
Arrests at southern border rose slightly in August
Arrests at the southern border ticked up last month for the first time since the rollout of a new Biden administration policy limiting access to asylum. The Border Patrol made about 58,000 arrests ...2 days ago -
MarketWatch - Business
Slowing housing market is hurting this plumbing and HVAC distributor’s sales
Ferguson Enterprises’ stock was headed for a fall Tuesday, after the plumbing, HVAC and appliance products distributor missed quarterly revenue expectations, citing “muted” residential end markets ...2 days ago -
The Wall Street Journal - Business
Philip Morris to Take $220 Million Loss on Sale of Inhaled-Medicine Unit
Philip Morris said it expects to record a loss on the sale of its inhaled-therapeutics unit to Molex Asia Holdings as it retools its pharmaceutical business.2 days ago -
Financial Times - World
The questions over Commerzbank’s stake sale
Deal is a textbook example of how not to create price tension in a capital markets offering2 days ago -
MarketWatch - Business
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.2 days ago - Federal Reserve -
The Guardian - World
Guardian parent company in talks over potential sale of Observer
Guardian Media Group announces it is in negotiations with Tortoise Media over world’s oldest Sunday newspaper. The Guardian’s parent company has announced that it is in formal negotiations with ...2 days ago -
Financial Times - Business
Pret A Manger’s global sales surge above £1bn
UK sandwich chain expands in aggressive international sales drive2 days ago -
CBS News - Top stories
Here's when Amazon's October Prime Day sale is happening
Mark your calendars: Prime Big Deal Days is back this October. Here's what the holiday kick-off sale will begin.2 days ago -
The New York Times - Top stories
China’s ‘Silver Economy’ Is Thriving as Birthrate Plunges
The shrinking population poses threats to growth but has opened opportunities for businesses that serve seniors.2 days ago - China -