Slump Fed - QuikReader

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.

Business - The New York Times - 2 days ago

LVMH stock falls on slumping luxury sales in China

LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter sales

Business - MarketWatch - October 16

Stellantis Car Deliveries Slump on U.S. Woes

Stellantis vehicle deliveries fell 20% in the third quarter as the Jeep and Ram-maker began to take measures to address excess inventory in the U.S.

Business - The Wall Street Journal - October 16

Stellantis workers march in Italy over production slump

World - Yahoo News - October 18

European Union’s car market slumps further in September

New car registrations dropped by 6.1% in September driven by lower sales in Europe’s top three markets, France, Italy and Germany

Business - MarketWatch - October 22

Starbucks Suspends Guidance as Sales Slump Persists

The coffee chain needs to “fundamentally change” strategy, the new CEO, Brian Niccol, said. Shares fell in premarket trading.

Business - The Wall Street Journal - October 23

Durable-goods orders retreat due to Boeing. Manufacturing slump goes on.

Orders at U.S. factories fell almost 1% in September — mostly due to fewer aircraft bookings — and showed little sign of a rebound in a slump-ridden manufacturing industry.

Business - MarketWatch - October 25

Volkswagen profit plunges 64% as China sales slide

Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gains

Business - Financial Times - October 30

Market responds negatively to latest China stimulus moves

Futures on Hong Kong-listed stocks slumped on Friday after the country unveiled its stimulus program.

Business - MarketWatch - Yesterday

NY Fed: ‘Reserves remain abundant’

Cute new measure of the reserve regime just dropped

World - Financial Times - October 21

Oil prices lose 2% after China offers little detail on stimulus plans

Oil futures ended lower Monday to give back all of last week’s gains and then some, after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to ...

Business - MarketWatch - October 14

Aaron Judge’s Playoff Slump Is Over. Now He Needs to Carry the Yankees.

Judge’s home run in Game 2 let the Yankees exhale, for so many reasons.

Sports - The New York Times - October 16

ASML says chip-market slump will mainly impact sales to China

A day after a profit warning that rocked the stock market, executives at ASML Holding said the slower-than-expected recovery in the microchip market will have the sharpest impact on sales to China ...

Business - MarketWatch - October 16

Elevance Health’s stock slumps 13% as profit dented by ‘unprecedented’ Medicaid challenges

Elevance Health Inc.’s stock tumbled 13% Thursday and weighed on rivals after the health insurer’s third-quarter profit fell short of estimates amid ”unprecedented” challenges in the Medicaid ...

Business - MarketWatch - October 17

Schlumberger’s stock slumps as falling oil prices turn customers cautious

Schlumberger’s stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.

Business - MarketWatch - October 18

Starbucks boss shakes up menu to win back customers

The coffee shop chain has also promised to look at pricing and staffing to prevent bottlenecks

Wall Street slumps as rates climb, and more negativity on the iPhone 16 emerges

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Business - CNBC - October 23

Mercedes-Benz Earnings Slump on Tough Economic Backdrop, Fierce Competition

The luxury-car maker’s net profit halved in the third quarter and it said profitability in its main cars business was weaker due to softer pricing and lower sales of its higher-margin models.

Business - The Wall Street Journal - October 25

Estée Lauder shares plunge as China sales slump prompts dividend cut

Beauty group’s stock drops 25% after guidance withdrawn for rest of year

Business - Financial Times - October 31

Trump's wealth slumps by $1.9 billion amid DJT stock plunge

Trump Media & Technology Group's stock, which trades under DJT, is plunging just days before the November 5 election.

Three Potential Trade Targets For Slumping Avalanche Team In Need Of Depth

The Colorado Avalanche are a Jekyll-and-Hyde team — and Adam Proteau has a handful of trade options for Avs brass to consider as they try and correct the team's course.

Sports - Yahoo Sports - 5 days ago

Russia’s Crude Shipments Slump on Lower Arctic, Black Sea Flows

World - Yahoo News - 4 days ago

Tesla and US bank stocks jump in post-election trades as renewables slump

Companies whose fortunes are closely tied to US economy should benefit, say analysts

World - Financial Times - 3 days ago

Brazilian real slump pressures Lula to take action on spending

Leftwing administration promises fiscal containment measures in effort to calm financial markets

World - Financial Times - 3 days ago

Nissan cuts 9,000 jobs and halves CEO’s pay as it sinks to a loss

Carmaker to slash global production capacity by a fifth in emergency turnaround plan

World - Financial Times - 2 days ago

Dating Site Companies Match and Bumble Report Slumping Results

Match forecasts lackluster revenue as Tinder sales sputter, while Bumble’s app overhaul slowed sales enough to cause its first ever quarterly earnings drop.

Business - Inc. - 2 days ago

Philadelphia Fed’s factory gauge jumps in October

Index rises to 10.3, second straight monthly gain

Business - MarketWatch - October 17

Feds charge fan with arson for flares in Orlando

A man has been charged with "arson of a building that led to personal injuries" after releasing two flares into the stands at an Orlando City match at Inter&Co stadium in Orlando, Florida, federal ...

Sports - ESPN - October 18

Fed Leaders Favor Rate Cuts, But Differ on Pace

Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.

Business - Inc. - October 22

Fed should beware of wishing on an R-star

US central bank risks reviving inflation if it keeps lowering the federal funds rate in pursuit of a nirvana state

World - Financial Times - October 23

Fed Beige Book continues to point to sluggish economy

Nine out of 12 districts report flat or declining activity.

Business - MarketWatch - October 23

Inflation Cooled Further in September, PCE Index Shows

Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.

Business - The New York Times - October 31

Trump’s victory means fewer Fed rate cuts

“Trump is a president who likes to spend, he was a real-estate developer who loves to borrow. I don’t think he’s shaken either of those ideals,” notes one analyst.

Business - MarketWatch - 3 days ago

Trump Is Inheriting Booming Markets and a Decisive Fed

Stocks and bitcoin are smashing records while the labor market deteriorates, U.S. debt balloons, and housing affordability worsens.