News Updates from September 19 Sp 500 Closes at Record High Nike Ceo John Donahoe to Retire
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Dow, S&P 500 close at record highs and mark the year's longest winning streak
Both the S&P 500 and the Dow Jones Industrial Average surged to new record highs Friday, sealing six straight weeks of gains.Top stories - NBC News - October 18 -
‘800lb gorilla’: luxury brands battle China’s hit grey-market app
Sales of top brands on DeWu make up estimated 70% of country’s grey market as consumers hunt for lower pricesWorld - Financial Times - October 15 -
Labour donor to back Tortoise’s proposed purchase of Observer
South African businessman Gary Lubner in talks on taking minority stake in online start-upWorld - Financial Times - October 15 -
Airlines bet on food and art to lure flyers back to ageing premium cabins
New perks offered while better planes and seats remain grounded from supply chain disruptionsWorld - Financial Times - October 19 -
Moldova confronts Russian cash-for-votes in EU referendum
Illicit pension top-ups and money mules found in ex-Soviet republic ahead of Sunday’s vote, officials sayWorld - Financial Times - October 19 -
Yen resumes decline on doubts over Japan interest rate rises
Currency sinks below ¥150 against US dollar for first time since August surgeWorld - Financial Times - October 19 -
FT readers: your tips on where to find calm and authenticity in Venice
The places that put the serene back into La Serenissima, as recommended by youWorld - Financial Times - October 20 -
Georgia election official appeals to Musk over foreign disinformation on X
Brad Raffensperger says viral post alleging repeat voting in US state is likely from ‘Russian troll farms’World - Financial Times - November 1 -
Inflation vs consumption
Plus imports, and utilitiesWorld - Financial Times - November 1 -
Low-volatility ETFs lose favour as investors jump to buffered peers
Despite poor returns in recent years, analysts say people could be missing out on their long-term investment potentialWorld - Financial Times - November 1 -
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 -
S&P 500, Nasdaq close at records and extend postelection rally as Fed cuts rates
The S&P 500 and Nasdaq rose Thursday, extending Wall Street’s rally in the wake of President-elect Donald Trump’s victory, as traders weighed the latest rate cut from the Federal Reserve.Top stories - NBC News - 2 days ago -
These 6 charts suggest investors should proceed with caution as S&P 500 hits 47th record high of 2024
Some say investors are growing too complacent as the bull market shows no signs of slowing down.Business - MarketWatch - October 19 -
LA28 hires Nike's John Slusher to lead commercial arm
Nike executive John Slusher is moving into the Olympic world to head the commercial arm for the 2028 Los Angeles OlympicsSports - ABC News - October 30 -
Gallerist Atsuko Ninagawa on how to navigate Tokyo’s art scene
A tour of the city’s cultural highlights with the co-founder and director of Art Week TokyoWorld - Financial Times - October 29 -
Reeves’ Budget measures risk hitting ‘working people’, analysts say
Some businesses will struggle with tax rises alongside a higher minimum wage and new labour lawsWorld - Financial Times - October 29 -
Starbucks Baristas Demand Change from New CEO
Starbucks baristas hope to see their complaints taken seriously with new leadership at the helm.Business - Inc. - October 23 -
Broncos vs. Saints: Denver routs New Orleans 33-10 in ugly loss for Dennis Allen in Sean Payton's return to NOLA
Neither team put on much of a show. The Broncos were good enough to get a win, at least. They’re 4-3 this season, which is a testament to Sean Payton’s coaching.Sports - Yahoo Sports - October 17 -
Nuclear energy stocks hit record highs on surging demand from AI
Amazon and Google deals to deploy small modular reactors are latest step in sector’s revitalisationBusiness - Financial Times - October 20 -
Bitcoin trades near $73,000, closes in on record high as bulls tout election hopes
Bitcoin was knocking on the door of its all-time from March on Tuesday afternoon, with traders tying the rally in part to growing expectations for a victory by Donald Trump in next week’s ...Business - MarketWatch - October 29 -
Bennett, who led Virginia to 2019 title, to retire
Tony Bennett, 55, posted a 364-136 record at Virginia, guiding the program to a national title in 2019 and two ACC tournament titles.Sports - ESPN - October 18 -
FirstFT: Partner pay at US law firms hits record levels
Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programmeWorld - Financial Times - October 25 -
Why Georgia’s EU future is on the ballot in historic parliament vote
Also in this newsletter: Russian migrant-smuggling ring bustedWorld - Financial Times - October 25 -
UK borrowing rises ahead of Budget
Official data shows borrowing - the difference between spending and tax take - reached £16.6bn last month.Top stories - BBC News - October 22 -
A Lesson From John Lennon
The ecstasy and agony of an original Beatles fan.Lifestyle - The New York Times - October 26 -
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 - 8 hours ago -
New ‘RBG PAC’ Spending $19 Million From Secret Donors to Aid Trump on Abortion
A Republican super PAC is running ads invoking the name of Ruth Bader Ginsburg to help Donald Trump win voters who favor abortion rights. Her family denounced the effort as “nothing short of ...Top stories - The New York Times - October 25 -
New-home construction dips in September, as builders await rate cuts
Construction on new U.S. homes fell 0.5% in September, the Commerce Department said Friday.Business - MarketWatch - October 18 -
10/19: CBS Weekend News
Harris campaigns with Lizzo in Detroit and Usher in Atlanta; A Chicago league has spent decades inspiring Black women to take up golfTop stories - CBS News - October 20 -
10-year Treasury yield slips from 3-month closing high as buyers step in
Demand from overseas buyers of U.S. government debt helped push yields slightly lower on Thursday, but not far from their highest levels in two or three months.Business - MarketWatch - October 24 -
Kamala Harris cold-opens 'SNL' with Maya Rudolph
The John Mulaney-hosted episode features an appearance from Kamala Harris as the presidential race enters its final days. Chappell Roan debuts a new song.Entertainment - Los Angeles Times - 6 days ago -
Nasdaq hits record high as tech stocks rebound from summer sell-off
Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ betBusiness - Financial Times - October 25 -
Nvidia stock rises to new record, exceeding June high as AI trade is rekindled
Shares of Nvidia rose more than 3% on Thursday, briefly tapping a new intraday high of $140.89. It bested a previous record of $140.76, set June 20.Business - CNBC - October 17 -
'New bullish phase'? As gold hits another high, analysts say more records are in sight
Gold is now in a new bullish phase after prices hit a record high, said Sprott Asset Management, echoing other bullish calls for the bullion to scale new highs.Business - CNBC - October 22 -
Home prices hit a new record high, but the pace of growth is slowing significantly and ‘showing signs of strain’
Case-Shiller 20-city home price index rose 5.2% year-on-year in August.Business - MarketWatch - October 29 -
Ruth Chepngetich shatters world marathon record as Nike overtakes Adidas in super-shoe wars
Ruth Chepngetich has become the first woman to run a marathon in under 2hr 10 min, shattering the previous world record by almost two minutes in one of the most exceptional distance-running feats ...Sports - Yahoo Sports - October 13 -
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
The personal consumption expenditures price index was expected to increase 0.2% in September and 2.1% from a year ago.Business - CNBC - October 31 -
Key inflation rate hits 2.1% in September, as expected, closing in on Fed target
Inflation increased slightly in September and moved closer to the Federal Reserve’s target, according to a Commerce Department report Thursday.Top stories - NBC News - October 31 -
Construction spending ticks up to four-month high in September
Construction spending rose 0.1% in September, the Commerce Department reported Friday.Business - MarketWatch - November 1 -
List: Here are the nearly 500 Big Lots stores that have or will be closed this year
Since filing for bankruptcy protection earlier this year, Big Lots has slated nearly 500 stores for closure - some of which have already closed their doors for good.Politics - The Hill - October 14