Latest in Turns Lower
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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 AmericaBusiness - MarketWatch - October 31 -
Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance
Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.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 loadBusiness - 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 2023Business - 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 - November 4 -
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 - November 5 -
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Trump Media closes in the red on Election Day, giving up earlier rally
Shares of retail trader favorite Trump Media & Technology Group (DJT) were active as Election Day is finally here.Business - CNBC - November 5 -
Oil prices end higher as traders weigh potential Trump policies
Oil futures finished higher on Thursday, recouping their losses from a day earlier and then some, as traders continued to tackle uncertainty surrounding incoming U.S. President Donald Trump’s ...Business - MarketWatch - November 7 -
BT says UK Budget will lift costs by £100mn as it lowers revenue guidance
Chief executive Allison Kirkby calls increase a ‘new inflationary pressure that we need to suffer in our business’World - Financial Times - November 7 -
The Federal Reserve lowers interest rates by 0.25 percentage points
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.Top stories - CBS News - November 7 -
Will you have a lower tax rate in retirement? Maybe not, financial advisors say
Most people will have a lower tax rate when they retire, but others won't due to factors like large required 401(k) and IRA withdrawals, advisors said.Business - CNBC - November 7 -
Here's why ETFs often have lower fees than mutual funds
Fees are one of the few things people can control relative to investing.Business - CNBC - November 8 -
Retiring to another state for lower taxes? The hidden costs you need to know.
Moving can work out well financially, but there are some expenses that you may be overlookingBusiness - MarketWatch - November 9 -
Trump has promised lower interest rates. That will be largely out of his control.
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a range of factors largely outside of the president’s control.Politics - NBC News - November 11 -
Instacart’s weak outlook for the end of the year drags the stock lower
Instacart says sales are up 12%, but investors worry about weaker outlook and the prospect of cooling demand.Business - MarketWatch - November 13 -
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FirstFT: US companies rush to cash in on Trump market rally
Also in today’s newsletter, FTC targets Microsoft and Argentina cools on Paris climate accordWorld - Financial Times - 6 days ago -
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What Trump could do to lower grocery prices, according to experts
Food prices have climbed more than 25% since President Joe Biden took office.Top stories - ABC News - 5 days ago -
Despite Lowering Toll to $9, Hochul May Find a Higher Political Cost
Gov. Kathy Hochul’s move to revive congestion pricing in New York has energized her Republican opponents, giving them fodder to fight her re-election in 2026.Top stories - The New York Times - 6 days ago -
Ukraine conducts first Russia attack with U.S. missiles; Putin lowers bar for nuclear strike
Russian President Vladimir Putin formally lowered the threshold for his country's use of nuclear weapons Tuesday, after the U.S. allowed Ukraine to strike inside Russia using American missiles.Top stories - NBC News - 2 days ago -
Putin formally lowers threshold for Russia's use of nuclear weapons
In an alarming move, Russian President Vladimir Putin has formally lowered the threshold for his country’s use of nuclear weapons, sending a message to Ukraine and the U.S. with the new terms of ...Top stories - NBC News - 2 days ago -
Wall Street is lowering expectations for corporate profits in 2025. Should investors be concerned?
Wall Street analysts are partaking once again in a longstanding holiday tradition: lowering their projections for how much profit they expect America’s biggest companies to reap during the coming ...Business - MarketWatch - Yesterday -
Former U.S. ambassador to Ukraine on Putin lowering Russian threshold for use of nukes
Former U.S. Ambassador to Ukraine William Taylor joined CBS News to discuss Ukraine's use of American missiles in strikes on Russian territory and Vladimir Putin's change of Russia's nuclear doctrine.Top stories - CBS News - 2 days ago -
NIO's Net Loss Widens on Lower Revenue Amid EV Pricing Pressure
The Chinese automaker’s net loss widened in the third quarter as revenue fell, dragged by lower selling prices.Business - The Wall Street Journal - Yesterday -
Austin says Putin lowering the nuclear threshold is 'dangerous behavior'
Secretary of Defense Lloyd Austin spoke exclusively with NBC News’ Courtney Kube about Russian President Putin lowering the threshold for using nuclear weapons and called Putin's behavior ...Top stories - NBC News - Yesterday