September Fourth Drop

U.S. factory orders tumble in September, for fourth drop in the past five months

Orders for manufactured goods fell 0.5% in September, the Commerce Department said Monday. It is the fourth decline in orders in the past five months.

Business - MarketWatch - 18 hours ago

Coca-Cola CEO says McDonald's E. coli outbreak won't hurt beverage company's sales

Coca-Cola CEO James Quincey said an E. coli outbreak linked to McDonald's isn't likely to hurt the beverage company's sales at this stage.

Business - CNBC - October 23

Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures

Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the CFPB said.

Business - CNBC - October 23

September home sales drop to lowest level since 2010

Sales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84 million units, the slowest pace since October 2010, according to the ...

Warren Buffett — worried about impersonators — says he doesn't endorse candidates or investments

Buffett's actions were triggered in part by a fake political endorsement alerted to him on Meta's Instagram.

Business - CNBC - October 23

Global public debt will hit $100 trillion by year-end, says IMF

The IMF warned of the risks posed by unsustainable public debt levels.

Business - CNBC - October 23

CDC told McDonald's about potential E. coli outbreak late last week

Roughly a fifth of McDonald's U.S. restaurants are not selling Quarter Pounder burgers at this time.

Business - CNBC - October 23

10-year Treasury yield briefly tops 4.25%, hits highest level since late July

The U.S. 10-year Treasury yield rose again Wednesday as traders digested the latest comments from Fed officials on the trajectory of interest rate cuts.

Business - CNBC - October 23

Watch Ripple CEO Brad Garlinghouse speak live on legal battle with SEC and upcoming election

Ripple CEO Brad Garlinghouse will speak at DC Fintech Week in Washington, D.C., on Wednesday afternoon.

Business - CNBC - October 23

Abercrombie & Fitch responds to former CEO's sex trafficking arrest, says it will cooperate with law enforcement

Abercrombie & Fitch said it will cooperate with law enforcement after its former CEO Mike Jeffries was arrested on sex trafficking and related charges.

Business - CNBC - October 23

Tesla investors have a lot of questions for Musk about Trump

On a forum that Tesla uses to solicit questions from investors ahead of earnings, there are a bunch of questions about Republican nominee Donald Trump.

Business - CNBC - October 23

IBM stock slips on disappointing consulting and infrastructure revenue

IBM's critical software category performed well due to Red Hat's gains, but the consulting and infrastructure segments pulled down overall results.

Business - CNBC - October 24

Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand

Revenue for the third quarter grew about 94% year-on-year.

Business - CNBC - October 24

Tim Cook is likely visiting China to bolster support for Apple Intelligence, analysts say

The CEO met with China's Minister of Industry and Information Technology as well as the heads of some local companies, including China Mobile and Weibo.

Business - CNBC - October 24

Barclays shares hit nine-year high after third quarter profit jumps 23%, beating expectations

British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.

Business - CNBC - October 24

Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter

Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.

Business - CNBC - October 24

Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list

Nike and Kohl's are expecting sales to fall this year, but they remain a top choice among consumers, indicating they must move quickly to not fall out of favor.

Business - CNBC - October 24

Chinese smartphone maker Oppo doubles down on AI, says in regular talks with Google and Microsoft

As Chinese smartphone company Oppo gears up for a flagship phone launch overseas, it says it has weekly AI talks with Google and Microsoft senior management.

Business - CNBC - October 24

Top 10 things to watch in the stock market Thursday, including news on Nvidia, 3 other Club stocks

The S&P 500 was trying to break a three-session losing streak.

Business - CNBC - October 24

Air taxi firm Lilium's shares plunge 61% after company says main subsidiaries will file for insolvency

Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for insolvency in the coming days.

Business - CNBC - October 24

Generative AI is onboarding hundreds of employees at a time, better and faster

Onboarding new employees is a core responsibility of talent leaders. It's increasingly being turned over to AI.

Business - CNBC - October 24

OpenAI disbands another safety team, head advisor for 'AGI Readiness' resigns

OpenAI is disbanding its "AGI Readiness" safety team, which advised the company on its capacity to handle the outcomes of increasingly powerful AI.

Business - CNBC - October 24

Tesla stock soars 22% for best day in over a decade on Musk's 2025 growth projection

Tesla shares soared 22% Thursday, the stock's best day in 11 years, following its better-than-expected third-quarter earnings.

Business - CNBC - October 24

10-, 30-year Treasury yields drop again after GDP data opens door to Q4 slowdown

Yields on long-dated Treasurys closed lower on Wednesday after a weaker-than-expected reading on third-quarter U.S. economic growth gave way to the possibility of another slowdown in the final ...

Business - MarketWatch - 5 days ago

Import prices fall for second straight month in September, led by drop in cost of fuel

The U.S. import price index fell 0.4% in September, the Labor Department said Wednesday. This is the second straight monthly decline due to lower fuel prices.

Business - MarketWatch - October 16

U.S. oil prices log biggest weekly drop in a year as demand concerns persist

Crude futures finished with a loss on Friday, just a day after posting a gain for the first time in five days, with prices of the U.S.-traded benchmark ending below $70 a barrel and marking its ...

Business - MarketWatch - October 18

Pound falls as UK inflation declines more than expected to 1.7%

First reading below Bank of England’s target in 3 years opens door to more rate cuts this year

Business - Financial Times - October 16

New-home construction dips in September, as builders await rate cuts

Construction on new U.S. homes fell 0.5% in September, the Commerce Department said Friday.

Business - MarketWatch - October 18

Cowboys crushed by Lions in fourth straight home loss

The Dallas Cowboys were walloped at home Sunday, getting blown out to the tune of 47-9 by the Detroit Lions — the Cowboys’ fourth straight loss at home dating to last postseason.

Verstappen & Norris third & fourth in US GP practice

Title rivals Max Verstappen and Lando Norris end the only practice session at the United States Grand Prix in third and fourth places.

Verstappen & Norris third & fourth in US GP practice

Title rivals Max Verstappen and Lando Norris end the only practice session at the United States Grand Prix in third and fourth places.

Sports - Yahoo Sports - October 18

Verstappen takes US sprint pole with Norris fourth

Red Bull’s Max Verstappen takes pole for the sprint race at the United States Grand Prix, with title rival Lando Norris fourth.

Verstappen takes US sprint pole with Norris fourth

Red Bull’s Max Verstappen takes pole for the sprint race at the United States Grand Prix, with title rival Lando Norris fourth.

Sports - Yahoo Sports - October 18

Leading Is Hard. Just Ask Fourth Graders

No, really. Ask them. You’ll be surprised what you learn.

Business - Inc. - October 20

American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss

American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.

Business - CNBC - October 24

Penguins Blanked By Oilers, Lose Fourth Straight Game

Pittsburgh has dropped its last seven games against Edmonton

Sports - Yahoo Sports - October 26

Treasury trims fourth-quarter borrowing estimate

The Treasury Department said Monday that it expects to borrow $546 billion in the fourth quarter, which is $19 billion lower than previously estimated.

Business - MarketWatch - October 28

Exxon beats earnings estimates, increases fourth-quarter dividend

Exxon's stock rose in early trading after beating earnings expectations.

Business - CNBC - 3 days ago

Surprise fall in inflation to 1.7% paves way for interest rate cuts

September's figure comes two weeks ahead of the Budget and will be used to decide how much benefits will rise in April.

Retail sales post solid gain in September, showing a continued strong economy

Retail sales increased 0.4% in September, with strength in a broad range of categories that overcame weak gas and auto spending, the U.S. Commerce Department said Wednesday.

Business - MarketWatch - October 17

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