Latest in Slowdown Surging
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Coty Joins Competitors in Warning of Beauty Sales Slowdown
The cosmetics company, whose portfolio of brands includes Max Factor and Lancaster, on Monday said retailers are tightening their inventories as mass beauty sales continue to see slow growth ...Business - The Wall Street Journal - October 14 -
Chinese economic slowdown deepens, official figures show
Gross domestic product rose by 4.6% on a yearly basis, below Beijing's "around 5%" annual target.Top stories - BBC News - October 18 -
Hermes Sales Rise 11% Despite Luxury Slowdown
Hermes reported a rise in sales for the third quarter but looking ahead, it cautioned about global economic, geopolitical and monetary uncertainties.Business - The Wall Street Journal - October 24 -
Prada's Miu Miu Continues to Defy Luxury Slowdown
Prada posted an increase in revenue, buoyed by the popularity of its Miu Miu brand, and continues to buck a downturn in demand for high-end goods that is particularly acute in China.Business - The Wall Street Journal - October 30 -
How Hermès is bucking the global luxury slowdown
Paris-based luxury house Hermès has reported strong financial results despite a global slowdown that has affected competitors LVMH and Gucci owner Kering.Business - CNBC - October 31 -
China consumer slowdown weighs on U.S. earnings again
From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines.Business - CNBC - 3 days ago -
Oil price slides amid China slowdown and easing Middle East fears
Brent crude slides by almost $3.50 a barrel to below $74 after Opec cuts forecasts for demand growth. Business live – latest updates Global oil prices have tumbled by almost $3.50 a barrel ...World - The Guardian - October 15 -
Luxury goods shares fall as China slowdown hits LVMH
Owner of Louis Vuitton and Dior brands reports 16% drop in third-quarter sales in Asia excluding JapanBusiness - Financial Times - October 16 -
Brunello Cucinelli Backs Growth Targets as Sales Defy Luxury Slowdown
The fashion concern said its performance improved in both its retail and wholesale channels, with increased revenue across all its markets, in particular in the Americas.Business - The Wall Street Journal - October 17 -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - October 30 -
Prada continues to defy luxury slowdown as Miu Miu sales boom
Italian group bucks gloom but warns that conditions in Asia are becoming ‘more challenging’Business - Financial Times - October 30 -
Polio cases surge in Pakistan
Prior to the latest surge in infections, Pakistan was on the verge of eradicating the disease.Top stories - BBC News - October 20 -
Louis Vuitton owner LVMH reports surprise sales drop amid China slowdown
Shares in LVMH, which also owns Dior, Tiffany and Moët & Chandon, fell by as much as 7%, briefly hitting two-year low. Shares in luxury goods brands slumped after Louis Vuitton ’s LVMH reported an ...World - The Guardian - October 16 -
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 - October 30 -
Murders Surged in the Pandemic. Now in Many Cities That Surge Is Gone.
A huge drop in 2023 has been followed by an even greater improvement so far this year.Top stories - The New York Times - 6 days ago -
Consumer confidence surges ahead of election
American consumers are feeling more confident ahead of Election Day, but they’re still not as confident as they were before the pandemic, according to a new survey from The Conference Board, a ...Politics - The Hill - October 29 -
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Stock market surges on Election Day
Major stock indexes and large tech firms showed gains on Tuesday.Top stories - ABC News - 2 days ago -
How Hurricane Milton storm surge destroyed communities
Storm surge pushed around 5 feet of sand into Manasota Key, Florida, where homes and roads are covered with debris and destruction. CBS News' Tom Hanson speaks to Charlotte County public ...Top stories - CBS News - October 14 -
Hurricane Milton's storm surge reshapes Florida coastline
Several communities across Florida and North Carolina are recovering after back-to-back hurricanes. CBS News' Tom Hanson is in Manasota Key on Florida's west coast with the latest on recovery efforts.Top stories - CBS News - October 14 -
Mortgage rates surge, putting a damper on home buying and refinancing
Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.Business - MarketWatch - October 16 -
Early voting surge seen as advantage for Harris campaign
The Harris campaign and Democratic groups are working hard to push their supporters to vote early in this year's election. Team Harris wants to maximize its early advantage, especially given that ...Politics - The Hill - October 18 -
Pension fund use of ETFs surges in Europe
Institutional iShares assets under management have been growing at a compound annual growth rate of nearly 30% in the region, according to BlackRockWorld - Financial Times - October 18 -
Unusual surge of "walking pneumonia" reported in kids this year
The worst rates of the infection known as "walking pneumonia" or "white lung pneumonia" are in young children ages 2 to 4 years old.Top stories - CBS News - October 18 -
Tokyo Metro Shares Surge in Trading Debut
The initial public offering by the operator of subways in Tokyo is the largest since SoftBank Corp.’s $21 billion IPO in 2018.Business - The Wall Street Journal - October 22 -
Auto-enrolment drives surge in ‘lost’ UK pensions
£31bn sitting in unclaimed, inactive or lost savings potsBusiness - Financial Times - October 24 -
Cash Isas popularity surges ahead of UK Budget
Investors shift into tax-sheltered accounts given uncertainty of Labour proposalsWorld - Financial Times - October 25 -
Action demanded over surge in illegal meat imports
The government is warned of a "foot-and-mouth" level crisis over potentially diseased meat flooding into the UK.Top stories - BBC News - October 25 -
Hundreds Killed in Days in Sudan as War Surges
Paramilitary forces ransacked villages and killed hundreds of people, activists said, hastening calls for the United Nations to deploy a mission to protect civilians.World - The New York Times - October 26 -
Early voting is surging across the U.S. Explore the data.
Early voting has begun in states across the country where voters are able to cast their ballots either in person or via mail.Top stories - NBC News - October 27 -
Latino voters face surge in misinformation as election nears
As the Latino vote gains attention in the 2024 election, concerns arise over targeted misinformation. Roberta Braga, co-founder of the Digital Democracy Institute of the Americas, joins "CBS ...Top stories - CBS News - October 30 -
Fuel duty frozen but vehicle excise duty surges
Motoring organisations said chancellor’s reversal of planned fuel duty rises was ‘a big relief’World - Financial Times - October 30 -
Palantir shares surge on rosy revenue outlook
Palantir is seeing a pickup in artificial intelligence among its U.S. government client base.Business - CNBC - 3 days ago -
Trump Media Stock Surges on Election Result
Shares in Trump Media were among the most actively traded in the United States after the election was called.Business - The New York Times - 7 hours ago -
Sabres Hit Home Run Signing Surging Forward
The Buffalo Sabres made a great move signing this forward.Sports - Yahoo Sports - 2 days ago -
Google signs deal with nuclear company as data center power demand surges
Google is the latest tech company to turn to nuclear energy as power demand from data centers surges.Business - CNBC - October 15 -
Trump's DJT stock is surging, lifting Truth Social. Here's why.
Shares of Trump Media & Technology Group, which trades under the DJT ticker, jumped 18% on Monday. Here's why.Top stories - CBS News - October 14