Costco Wholesale Corp. on Wednesday reported November sales growth that slowed from the prior month, as lower gas prices weighed on consumers and e-commerce sales took a hit due to a shift in the timing of some big online holiday deals.
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.
Shares of Five Below Inc. jumped after hours Wednesday after the teen-centric discount chain raised its full-year outlook, citing an “encouraging” Black Friday weekend as it heads into final weeks of the holiday shopping season.
The economy can’t do much worse at creating jobs after a dismal 12,000 gain in hiring in October. Wall Street expects a big rebound in November.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.
While President-elect Donald Trump looks poised to scrap many policies of the Biden administration, one veteran analyst says it’s possible he could end up supporting the Democratic incumbent’s proposal that Medicare and Medicaid cover GLP-1 weight-loss drugs.
Now could be a good time to invest in TIPS.
The pharma company now has two positive proof-of-concept trials under its belt, including its weight-loss pill.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s consumer-price index for the same month.
Michel Barnier is expected to be ousted in a no-confidence vote that could plunge markets into turmoil as Frances faces mounting pressure from the European Union to cut its budget deficit
Wall Street is excited about Marvell’s traction in custom offerings and partnership with Amazon’s AWS.
Among the Magnificent Seven, Alphabet is expected to have the highest free cash flow yield.
Service-oriented companies in the U.S. grew in November at the slowest pace in three months, reflecting uncertainty about how the incoming Trump administration will affect the economy.
Orders for manufactured goods posted the first increase after two straight monthly declines.
Japan’s Seven & I Holdings Co., fending off a takeover bid, may list its North American 7-Eleven convenience stores in an initial public offering as part of a management-led takeover bid, according to a published report.
Thompson headed up the health-benefits unit of UnitedHealth Group.
Wall Street seems excited about early momentum for Salesforce’s Agentforce AI product, but some analysts are skeptical about the monetization potential.
“I asked him if he was also on the deed. He said yes.”
Retailer opens 249 new stores, books a 1.5% increase in traffic and says its Family Dollar review is on track.
Sales of new cars and trucks rose in November to the highest level in three-and-a-half years, helped by bigger incentives for car buyers as dealers sought to clear out excess inventories.
