Stock Moves Lower - QuikReader

Lower oil prices are good for consumers — but a bad sign for the global economy

A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world’s second largest economy.

Business - MarketWatch - October 16

Absolut Vodka Maker Pernod Ricard Posts Lower Sales

The French distiller experienced a slow start to its fiscal year, citing sharp sales declines in the key markets of China and the U.S. as the spirits industry faces a slowdown in consumption.

Business - The Wall Street Journal - October 17

Democrats press Biden to lower housing costs before leaving White House

Democratic lawmakers from the House and Senate pressed President Biden to lower housing costs before he leaves the White House in a letter dated Wednesday. “We write today to thank you for your ...

Politics - The Hill - October 17

Weight-loss drugs could be key in lowering US obesity rates – experts

Medications like Ozempic ‘transformed’ diabetes care because they improved health outcomes, say experts. Obesity rates have decreased slightly in the US and while it’s too early to say whether the ...

World - The Guardian - October 18

Saquon Barkley fined $45,020 for lowering his helmet into a defender

The NFL hit the Eagles' running back hard for a collision with Browns defensive tackle Maurice Hurst.

Sports - Yahoo Sports - October 19

China cuts benchmark lending rates by 25 basis points

The move was expected. China's central bank governor indicated last week that the loan prime rates would be lowered.

Business - CNBC - October 21

2 States to Vote on Lower Minimum Wage Rate for Tipped Workers

Massachusetts and Arizona plan ballot measures that could eliminate the subminimum wage paid to many workers in the restaurant and hospitality industries.

Business - Inc. - October 21

UK unions could seek bargaining rights with just 2% of workers as members

Ministers will consult on range of measures aimed at easing representation

Business - Financial Times - October 22

Watch live: Biden, Sanders give remarks on lowering drug costs

President Biden and Sen. Bernie Sanders (I-Vt.) are in New Hampshire Tuesday to tout efforts made by the administration on health care savings and lowering drug prices. The duo are expected to ...

Politics - The Hill - October 22

Akzo Nobel Sees Full-Year Earnings at Lower End of Guidance

The Dutch paints company reported a fall in third-quarter net profit, missing consensus views, and said it expected full-year earnings at the lower end of its guidance.

Business - The Wall Street Journal - October 23

Mattel Lowers Sales Outlook After Barbie Sales Weigh

The toy company’s profit, however, is holding up due to stronger margins, helped by factors such as cost cuts, supply-chain improvements and lower input costs.

Business - The Wall Street Journal - October 23

Tesla shares jump in third-quarter earnings even as expected revenue is lower

After two slow quarters, Elon Musk’s electric-vehicle maker reports higher-than-expected earnings per share. Tesla shares saw a 12% jump after the company reported its third-quarter earnings on ...

World - The Guardian - October 23

Equinor's Key Profit Measure Lags Forecasts on Lower Oil Prices and Volumes

The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in oil prices and sales volumes offset resilient gas production.

Business - The Wall Street Journal - October 24

Ozempic linked to lower Alzheimer's risk in people with Type 2 diabetes

Semaglutide, the active ingredient in Ozempic and Wegovy, appeared to reduce the risk of Alzheimer’s disease in people with Type 2 diabetes, according to a study published Thursday in the journal ...

CDC recommends lower age for people to get vaccine against pneumonia

All adults aged 50 and older should receive a vaccine against bacteria that can cause pneumonia and meningitis, federal health officials said. The Centers for Disease Control and Prevention (CDC) ...

Politics - The Hill - October 24

CDC lowers recommendation age for pneumonia vaccine to adults 50 and older

Doctors have long urged people ages 50 and older to get a shot to protect against bacterial pneumonia.

Vote on lowering pension age to 60 jangles nerves in Uruguay

Public to decide on a union-backed reform that worries the government, economists and markets

World - Financial Times - October 26

Japan's ruling coalition loses a majority in the lower house, creating political uncertainty

Japanese Prime Minister Shigeru Ishiba’s ruling coalition has lost a majority in the 465-seat lower house in a key parliamentary election Sunday

World - ABC News - October 27

Japan’s ruling party is certain to lose a majority in the lower house, broadcaster says

Japanese Prime Minister Shigeru Ishiba’s conservative ruling party braced for a blow to its comfortable majority in the lower house of parliament in Sunday’s elections.

Philips shares slide as company blames China for lowered sales outlook

Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.

Business - MarketWatch - October 28

Credit card interest rates are surging: How to lower yours now

The average card rate now surpasses 23%, a record high. Luckily, there are rate-reducing strategies that can help.

Opera Philadelphia brings opera to first-time viewers by lowering ticket prices

Opera Philadelphia is lowering ticket prices to make opera more relevant and accessible. The move is drawing in some first-time audiences and boosting revenue. Scott MacFarlane goes backstage to ...

U.S. crude oil edges lower after worst day in two years

Goldman expects Brent prices to recover to $77 per barrel in the fourth quarter.

Business - CNBC - October 29

Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates

Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.

Business - Inc. - October 30

Jeep maker Stellantis reports 27% drop in sales

Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North America

Business - MarketWatch - October 31

Rival creditor group offers Thames Water emergency loan at lower rate

The UK’s largest water and sewerage provider is struggling with a £19bn debt load

Business - Financial Times - October 31

Exxon and Chevron suffer profit falls on lower oil prices

Cheaper commodities and weaker refining margins hit earnings after bumper performances in 2022 and 2023

Business - Financial Times - November 1

Ryanair profits plunge amid lower fares and Boeing delays

Problems with delivery of 737 aircraft left airline ‘over-crewed and over-costed’, says CEO Michael O’Leary. Business live – latest updates Ryanair’s profits have dropped by nearly a fifth, as ...

World - The Guardian - 5 days ago

Nintendo reports lower profits as demand drops for its aging Switch console

Nintendo, the Japanese video game maker behind the Super Mario franchise, says its profit fell 60% in the first half of the fiscal year, as demand waned for its Switch console, now in its eighth ...

Entertainment - ABC News - 4 days ago

Latest in Stock Moves Lower