Latest in Slowdowns We're
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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 - November 5 -
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 -
Why OpenAI Is Trying New Strategies to Deal With an AI Development Slowdown
As quantum leaps in AI capabilities get harder to pull off, the market leader is pivoting to progress. Meanwhile, Elon Musk’s Grok AI may be opening to more X users.Business - Inc. - 4 days ago -
Barça's Laporta slams critics: We're fixing the club
Barcelona president Joan Laporta hit out at critics of his management on Saturday, as members approved the club's 2023-24 accounts during its annual general meeting.Sports - ESPN - October 19 -
Larry Hogan: 'We're gonna pull this one off'
NBC News' Gary Grumbach caught up with former Gov. Larry Hogan, now running for Senate, as he greeted early voters. Hogan expressed optimism about his campaign even as he viewed others as seeing ...Politics - NBC News - October 24 -
Deion's Buffs clinch bowl, but 'not all we're after'
Colorado secured bowl eligibility in Year 2 under Deion Sanders with a 34-23 home victory over Cincinnati that also sets the Buffaloes up to be a Big 12 contender.Sports - ESPN - October 27 -
‘We’re a Fortress Now’: The Militarization of US Elections Is Here
From bulletproof glass, drones, and snipers to boulders blocking election offices, the US democratic system is bracing for violent attacks in 2024.Tech - Wired - October 30 -
Lions conquer rainy Lambeau: 'We're built to win'
The Lions, playing in just their first outdoor game this season, proved they can win under any condition after a dominant showing at windy Lambeau Field.Sports - ESPN - November 4 -
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 -
Oil prices end higher after tapping a 2-week low
Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas drillers under the incoming administration of President-elect Donald Trump.Business - MarketWatch - 2 days ago -
Rachel Reeves ‘not satisfied’ with summer slowdown as UK slips down G7 growth leaderboard – business live
Latest UK GDP growth report shows UK grew by just 0.1% in July-September, a slowdown on the first half of the year. Bank of England governor says Brexit has undermined UK economy Luke ...World - The Guardian - 21 hours ago -
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 - Yesterday -
'We're here now': How the Yankees finally reached the summit again
After so many close calls, New York is headed to the Fall Classic. Here's how the Yankees did it.Sports - ESPN - October 21 -
Mayo on 1-6 Patriots: 'We're a soft football team'
The Patriots, who lost their sixth straight after rushing for 38 yards and giving up 171 rushing yards and a 96-yard punt return, were called "soft" by coach Jerod Mayo.Sports - ESPN - October 20 -
The NBA is on the cusp of radical change. Here's what we're watching
Has the title window closed for the Nuggets and Bucks? Is it Luka's 'turn' to win MVP? We examine these issues and more ahead of the season's start.Sports - Yahoo Sports - October 22 -
We're buying shares of 2 stocks that sellers are unfairly punishing
We're taking the other side of the trade on an AI play and a recovering health-care company.Business - CNBC - October 23 -
Comedians question Trump's podcast appearances: 'We're supposed to be... making politicians uncomfortable'
Comedians Marc Maron, Laurie Kilmartin, Brendon Walsh and others weigh in on Trump appearing to go after the 'Bro Vote' podcasts, including comedy fare like 'This Past Weekend With Theo Von,' ...Entertainment - Los Angeles Times - October 28 -
We're locking in a 52% gain in this hot industrial stock and changing our rating
The industrial stock will need to beat a high bar for the stock to rally after it reports earnings Thursday.Business - CNBC - October 29 -
Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 31 -
We're not military - why are we being hit, asks injured man in Lebanon
In the Lebanese city of Nabatieh, Orla Guerin meets hospital patients and medics vowing to stay despite Israeli strikes.Top stories - BBC News - November 4 -
'We're very connected': Mia Farrow and Patti LuPone on friendship and Broadway
Appearing together in 'The Roommate,' Patti LuPone and Mia Farrow bring their star power to Broadway and discuss friendship and longevity in theater.Entertainment - Los Angeles Times - November 4 -
We're trimming our position in an industrial stock with an uncertain growth outlook
The sale will decrease the stock's weighting in our portfolio to roughly 2.5% from 3.05%Business - CNBC - November 5 -
We're locking in profits on 2 stocks that are surging on Trump's election win
Shares of the Club holdings were up big in premarket trading after NBC News projected Donald Trump defeated Kamala Harris in the presidential election.Business - CNBC - November 6 -
We're pocketing a gain in a disappointing stock — and would be buyers in another
We're seizing this opportunity to sell into strength a stock that has disappointed.Business - CNBC - November 6 -
How last season's collapse led to an offseason unlike any other for Bill Self and Kansas
Bill Self was thinking about this season before the previous one ended. The result: a stacked, deep roster that should help Kansas avoid another down season.Sports - ESPN - November 8 -
We're following one of our core investing rules by selling this industrial stock
As we've talked about the past few days, we want to capitalize on the recent market strength to lighten up on stocks we deem lesser quality.Business - CNBC - November 8 -
We're adding to our position in this stock that deserves more love from the market
The purchase will increase the stock's weighting to about 2% from 1.66%.Business - CNBC - 3 days ago -
Why we cry when we're sad, happy or stressed
From sadness to joy, our emotions can bring on tears. Dr. Gail Saltz explains the science behind our tears and what causes us to cry.Top stories - CBS News - 2 days ago -
S&P 500 eyes another record close — plus, our 2 health-care stocks that defied the group
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 18 -
WNBA players opt out of current CBA after historic season: 'We're out'
The decision came one day after the Liberty beat the Lynx in the WNBA Finals.Sports - Yahoo Sports - October 21 -
Matthew McConaughey scolds Texas fans for throwing objects onto field vs. Georgia: 'We're better than that'
The game was stopped during a controversial call when fans began tossing items onto the field at Royal-Memorial StadiumSports - CBS Sports - October 22 -
We're buying more shares on the dip in this Fed rate-cut stock tied to housing
Some of this decline is probably due to profit-taking since the stock has gone straight up since Sept. 6.Business - CNBC - October 22
