EverydayRead

UK economy surprises with September contraction, grows just 0.1% in the third quarter

Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local g...

Here’s the deflation breakdown for July 2024 — in one chart

Fotostorm | E+ | Getty ImagesInflation cooled below 3% in July 2024, the first time it dropped beneath that level in more than three years.While ...

To fix Starbucks, incoming CEO Brian Niccol will have to tackle its mobile app problem

Mobile order and Uber Eats and Doordash delivery pick up area at Starbucks coffee shop, Queens, New York. Lindsey Nicholson | UCG | Universa...

Alphabet’s two pillars of growth stand tall in the latest quarter. But we’re not ready to act

Alphabet shares surged during Tuesday's after-hours trading following the Google parent's better-than-expected quarterly revenue and earnings on ...

Business

NFL owners vote in favor of private equity investment; select firms commit $12 billion

The NFL's most exclusive club just let in new members.At a special league meeting in Eagan, Minnesota, on Tuesday, National Football League owner...

Macy’s employee who hid $151 million in delivery expenses was trying to mask initial mistake, sources say

A Macy's store decorated for the holidays in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg | Get...

United CEO expresses ‘renewed confidence’ in Boeing after meeting with new leader Ortberg

United Airlines CEO Scott Kirby celebrates the opening of a new addition to its Flight Training Center in Denver, Colorado, on Feb. 22, 2024.Hyou...

Comcast is exploring separation of cable networks business

Comcast is exploring a separation of its cable networks business, President Mike Cavanagh said Thursday.During the company's third-quarter earnin...

Fed holds rates steady and notes progress on inflation

WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to its t...

KKM Financial’s Essential 40 stock fund is now an ETF

The Nasdaq MarketSite in New York, US, on Monday, Sept. 16, 2024. Yuki Iwamura | Bloomberg | Getty ImagesKKM Financial has converted its Ess...

UniCredit and Commerzbank square off with target hikes amid takeover battle

The logo of German bank Commerzbank seen on a branch office near the Commerzbank Tower in Frankfurt.Daniel Roland | Afp | Getty ImagesTwo months ...

Earnings

What to do with Honeywell stock after its sharp post-earnings pullback

Dow stock Honeywell was one of the biggest drags on the 30-stock average Thursday after Club industrial giant reported mixed third-quarter result...

Oracle shares slide on earnings and revenue miss, disappointing forecast

Foot Locker shares tumble as it issues gloomy holiday outlook, sees ‘softness’ at Nike

Shares of American Eagle plunge 13% as company issues weak holiday guidance

Latest

Here’s the inflation breakdown for November 2024 — in one chart

Hispanolistic | E+ | Getty ImagesConsumers saw inflation pick up slightly in November as price increases in categories including groceries, gasol...

If Trump wants to kill inflation, the first thing he needs to do is get more homes built

Homes under construction in Englewood Cliffs, New Jersey on Nov. 19th, 2024.Adam Jeffery | CNBCIf President-elect Donald Trump is going to push i...

Macy’s employee who hid $151 million in delivery expenses was trying to mask initial mistake, sources say

A Macy's store decorated for the holidays in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg | Get...

China ramps up Wall Street meetings as Trump inauguration looms

Aly Song | ReutersChinese Vice Premier He Lifeng has met with several U.S. finance executives in the last month as Beijing seeks to build relatio...

The CPI report Wednesday is expected to show that progress on inflation has hit a wall

A man shops at a Target store in Chicago on November 26, 2024.Kamil Krzaczynski | AFP | Getty ImagesA key economic report coming Wednesday is exp...

Insurance stocks have fallen since UnitedHealthcare CEO killing

A banner hanging from on overpass along the southbound lane of I-83 that says, "Deny Defend Depose Health Care 4 All."Lloyd Fox | Baltimore Sun |...

Oracle shares slide on earnings and revenue miss, disappointing forecast

Oracle Chair and Chief Technology Officer Larry Ellison speaks at the Oracle OpenWorld conference in San Francisco on Sept. 16, 2019.Justin Sulli...

From ‘Fortnite’ to ‘Hogwarts Legacy’: One university fuels Utah’s $2 billion video game industry

Rice–Eccles Stadium, an outdoor college football venue at the University of Utah in Salt Lake City, stands against a stunning mountain backdrop.U...

UniCredit’s Orcel could still sweeten his bid and take on a double M&A offensive

Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023. Bloomberg | Bloomberg | Getty ImagesDivided b...

Unemployment rate jumps more than a percentage point for Black women in November

Job seekers talk to a recruiter at the Albany Job Fair in Latham, New York, on Oct. 2, 2024.Angus Mordant | Bloomberg | Getty ImagesThe unemploym...

Foot Locker shares tumble as it issues gloomy holiday outlook, sees ‘softness’ at Nike

Foot Locker store location on 34th street in New York City.Courtesy: Foot LockerFoot Locker slashed its full-year guidance Wednesday after report...

CFPB sues Comerica Bank, alleging it failed to administer federal benefits program

A Comerica Bank sign on a building in Walnut Creek, California, March 30, 2023.Smith Collection/gado | Archive Photos | Getty ImagesThe Consumer ...

Economy

The Fed has the proof it wants that inflation is slowing, but the next move is still up in the air

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on int...

If Trump wants to kill inflation, the first thing he needs to do is get more homes built

Homes under construction in Englewood Cliffs, New Jersey on Nov. 19th, 2024.Adam Jeffery | CNBCIf President-elect Donald Trump is going to push i...

The CPI report Wednesday is expected to show that progress on inflation has hit a wall

A man shops at a Target store in Chicago on November 26, 2024.Kamil Krzaczynski | AFP | Getty ImagesA key economic report coming Wednesday is exp...

Unemployment rate jumps more than a percentage point for Black women in November

Job seekers talk to a recruiter at the Albany Job Fair in Latham, New York, on Oct. 2, 2024.Angus Mordant | Bloomberg | Getty ImagesThe unemploym...

The Fed is on course to cut interest rates in December, but what happens next is anyone’s guess

Jerome Powell, chairman of the US Federal Reserve, during the New York Times DealBook Summit at Jazz at Lincoln Center in New York, US, on Wednes...

Finance

South Korean stocks rebound from lows in chaotic trading as presi...

Admin—December 4, 2024 0

Police stand guard in front of the main gate of the National Assembly in Seoul on December 3, 2024, after South Korea's President Yoon Suk Yeol d...

‘Small caps are going to become more in favor in 2025′: VettaFi’s research head doubles down on winning group

December 2, 2024

You’re ‘wired’ to overspend during the holidays, expert says — here’s what to do about it

November 30, 2024

China plans to restrict exports of a critical metal. But the market isn’t that worried

November 29, 2024

Earnings

Salesforce surges on revenue beat, AI growth prospects – hereR...

Admin—December 4, 2024 0

Shares of Salesforce surged in extended trading Tuesday after the enterprise software giant reported better-than-expected quarterly revenue and i...

Dell shares fall on light forecast despite growing AI sales

December 2, 2024

Workday stock slips on light quarterly forecast

November 30, 2024

EasyJet rakes in record $4.5 billion from fare add-ons as CEO slams ‘unfair’ penalty over practice

November 29, 2024

Economy

Job openings jumped and hiring slumped in October, key labor repo...

Admin—December 4, 2024 0

Available jobs rose in October while hiring fell during a month in which payrolls growth hit its lowest level in nearly four years, the Bureau of...

Fed’s preferred inflation gauge rises to 2.3% annually, meeting expectations

December 2, 2024

India’s quarterly growth slumps to a near two-year low, well below expectations

November 30, 2024

These economists say artificial intelligence can narrow U.S. deficits by improving health care

November 29, 2024