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BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit
British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.Business - CNBC - October 29 -
UK earnings inequality falls to lowest on record
Drop comes after successive increases in hourly minimum wageWorld - Financial Times - October 29 -
Jobless claims fall to lowest level since May
Companies may not be hiring at the same pace as earlier in the year — but they are also not firing workers.Business - MarketWatch - November 14 -
PayPal shares fall on revenue miss, soft guidance
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.Business - CNBC - October 29 -
Schroders shares tumble to lowest in over 10 years after warning on outflows
Incoming chief executive Richard Oldfield pledges to sharpen asset manager’s focus and executionBusiness - Financial Times - November 5 -
Illegal border crossings fall to lowest level since 2020
U.S. Customs and Border Protection has confirmed previous CBS News reports that illegal border crossings have reached the lowest point of Biden's presidency. CBS News national correspondent Omar ...Top stories - CBS News - October 22 -
Starmer rejects calls for slavery reparations ahead of Commonwealth summit
PM plans to focus on ‘future-facing challenges’ such as climate change but Caribbean leaders hope to raise the issueWorld - Financial Times - October 23 -
FirstFT: Partner pay at US law firms hits record levels
Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programmeWorld - Financial Times - October 25 -
Job openings in the U.S. fall to the lowest level in 3½ years
U.S. job openings fell in September to a three-and-a-half year low as as the demand for labor ebbed and businesses waited for the economy to speed up.Business - MarketWatch - October 29 -
Inflation falls to lowest level since 2021 in Fed’s preferred gauge
Price increases have fallen to their lowest level in more than three years in the latest reading of the Federal Reserve’s preferred inflation gauge, strengthening the outlook for more interest rate ...Politics - The Hill - October 31 -
Number of Americans filing for unemployment falls to lowest level in 6 months
The number of Americans applying for unemployment benefits fell to their lowest level in six months last week as layoffs remain at relatively healthy levelsTop stories - ABC News - November 14 -
Support for death penalty falls to lowest level in decades: Gallup
A majority of Millennials and Gen Zers do not support the death penalty.Politics - The Hill - 6 days ago -
Dexcom shares fall on slow revenue growth
Dexcom shares fell Thursday after the company released third-quarter results that showed slow revenue growth.Business - CNBC - October 25 -
AstraZeneca shares fall as China probe intensifies
Investigation of group’s China chief Leon Wang comes after several employees were found guilty of fraudWorld - Financial Times - November 5 -
Credit Agricole's Shares Fall After Mixed Results
Credit Agricole reported a smaller-than-expected fall in net profit for the third quarter of 2024 but softer revenue missed views, sending its shares lower.Business - The Wall Street Journal - November 6 -
UK economy stalls in third quarter
GDP shrinks in September, highlighting challenges for Labour’s growth promisesBusiness - Financial Times - 6 days ago -
Gaza aid falls to lowest level since start of war despite US warning to Israel
Biden administration letter threatened to withhold military help if humanitarian crisis did not urgently improveBusiness - Financial Times - October 30 -
Aid to Gaza falls to lowest level in 11 months despite US ultimatum to Israel
US government wrote to Israel a month ago threatening sanctions if there was no increase in humanitarian supplies. The amount of aid reaching Gaza has dropped to the lowest level since December, ...World - The Guardian - November 11 -
Chipotle misses revenue estimates as same-store sales growth disappoints
Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.Business - CNBC - October 30 -
AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.Business - CNBC - October 30 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
Shares in weight-loss drugmaker Eli Lilly fall on disappointing sales
US group revises down upper end of full-year revenue estimatesBusiness - Financial Times - October 30 -
Coinbase shares fall as muted crypto trading leads to a third-quarter miss
Coinbase Wednesday reported weaker-than-expected third-quarter results, weighed down by muted trading in the cryptocurrency market.Business - CNBC - October 31 -
Trump Media falls nearly 12% as DJT stock pinballs before presidential election
Donald Trump is the majority owner of Trump Media, which owns the Truth Social platform and trades on the Nasdaq as DJT.Business - CNBC - October 31 -
Serco shares fall on Australian contract loss and changes to UK national insurance
UK operator of prisons and asylum accommodation expects a combined £38mn hit in 2025World - Financial Times - November 8 -
Greggs shares fall as analysts predict near-£100mn Budget hit
Low-cost bakery chain has not yet commented on impact but retailers warn that measures will hurtBusiness - Financial Times - November 8 -
Qualcomm shares fall after report of Arm threat to scrap key license in escalating dispute
Qualcomm shares fell on Wednesday after Bloomberg reported that British chip designer Arm is looking to scrap a key license for the U.S. firm.Business - CNBC - October 23 -
Deutsche Bank shares fall on doubling of third-quarter loan losses but profits rise
Deutsche Bank’s pre-tax profits were lifted by a reduction in the provisions it has set aside to settle litigation related to its Postbank acquisitionBusiness - MarketWatch - October 23 -
Shares in UK retailers fall as sector counts cost of NICs tax rise – business live
Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...World - The Guardian - November 8 -
Mexico and US reach agreement to address Mexico's habit of falling behind in water-sharing payments
Mexico and the United States have reached an agreement they hope will address Mexico’s habit of falling behind in water-sharing payments in the Rio Bravo watershed, also known as the Rio GrandeWorld - ABC News - November 9 -
Applied Materials Offers Modest Sales Outlook on Slowdown of Chinese Market; Shares Fall
Applied Materials forecasts revenue growth of between 8% and 12% across its core semiconductor-systems business and its applied global-services segment, respectively, but also a 28% drop in display ...Business - The Wall Street Journal - 6 days ago -
Intuit, H&R Block shares fall after report that Trump government efficiency team is considering tax-filing app
A tax-filing app created by Trump's planned "Department of Government Efficiency" would be a competitor to both H&R Block and Intuit's TurboTax.Business - CNBC - 2 days ago -
Fertility rate in England and Wales drops to lowest on record
Just over 591,000 babies were born in the UK last year - the lowest number in four decadesTop stories - BBC News - October 28 -
Jobless claims retreat for third straight week, hit lowest level since May
Initial jobless claims fell by 12,000 to 216,000 in the week ending Oct. 26, compared with economists’ expectations that claims would rise to 230,000.Business - MarketWatch - October 31