October wholesale PPI inflation up 0.2% for annual rate of 2.4%, meeting expectations
Wholesale Producer Price Index inflation rose 0.2% in October and is up 2.4% annually, according to a Thursday report from the Bureau of Labor Statistics.…
Ruben Amorim: Man Utd’s new boss plays down expectations after beating Man City
Firstly, let’s deal with the reality of where Amorim finds himself now.He was joking before the game when he said a Sporting victory over City…
ADP: Private sector created 233,000 jobs in October, surpassing expectations
Private companies added 233,000 jobs to the economy in October for their best showing in more than a year as it blew by Wall Street…
Dodgers live up to expectations, beating Mets to reach World Series
The low point came 34 days ago.During a late-season series in Atlanta, the Dodgers lost two games as their division lead dwindled. They learned Tyler…
Netflix shares rise 11% as third-quarter results beat expectations, membership rises
Netflix shares rose 11% Friday on third quarter financial results that beat expectations. Netflix with ads membership jumped 35% compared to the second quarter 2024.…
Netflix adds 5 million subscribers and beats Wall Street’s profit expectations
Streaming giant Netflix has proved there are still legs left in its membership growth, reporting 5 million new subscribers in its third quarter for a…
LVMH misses expectations in the third quarter as China’s weakness persists
Major European luxury stocks have experienced a slowdown in growth, primarily due to softened global purchasing power, particularly in China. ADVERTISEMENTLVMH, the world’s largest luxury…
BRICS+ Summit: Geopolitical Challenges, Strategies and Expectations
Under Russia’s presidency 2024, BRICS+ (Brazil, Russia, India, China and South Africa) has been building momentum for accelerating the association’s enlargement, steadily weakening Western influence…
UK Retail Sales Beat Expectations During August Sunny Spell
Breadcrumb Trail LinksPMN BusinessUK retail sales picked up pace in August, as consumers’ desire to take advantage of sunny weather and summer discounts offset gathering…
Jobs report: U.S. economy added 142,000 jobs in August, misses expectations
A "now hiring" banner is seen outside Hudd Transportation in South Gate, California on January 27, 2021. The Labor Department said the economy created 142,000…
‘Deadpool’ tops charts yet again as ‘Reagan’ beats expectations on sluggish Labor Day weekend
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Associated PressKaitlyn HuamaniPublished Sep 01, 2024 • 2 minute read You can save this article by registering for…
Nvidia shares slide as guidance misses expectations
Nvidia surpassed market expectations with its quarterly results but fell short of analysts' estimates for growth in the current quarter. As a result, its shares…
U.S. retail sales rose 1% in July, outpacing expectations
Retail sales rose 2.7% in July from a year ago, according to a Thursday U.S. Census Bureau report. Sales were up 1% for the month…
Currency war ahead? Euro gains as US CPI boosts Fed rate cut expectations
The euro surged to its highest level since January following cooler-than-expected inflation data from both the UK and the US. European stock markets are set…
Cisco earnings beat expectations as company announces 7% cut to workforce
Cisco Systems Inc., headquartered in San Jose, Calif., announced Wednesday it plans to lay off 7% of its global workforce to offset larger artificial intelligence…
July jobs report: U.S. economy created 114,000 jobs, well below expectations
A "Now Hiring" sign is displayed in the window of a restaurant in Washington D.C. on August 12, 2010. The Labor Department said the economy…
Olympics: Simone Biles leads U.S. team defying age expectations
PARIS — Simone Biles would like to issue a formal apology. Aly Raisman, who competed in her second Olympics at 22 years old in 2016…
PCE, key fed inflation gauge, rose 2.8% in June on par with expectations
The personal consumption expenditures price index rose on par with analysts' expectations, presenting signs of slowing inflation in the gauge favored by the Federal Reserve.…
Pound, euro, and gold surge as US dollar weakens on Fed rate cut expectations
Both the euro and the British pound surged further against the US dollar, while gold prices hit a fresh high before pulling back on Wednesday.…
U.S. retail sales flat in June, beat Dow Jones expectations
People carry shopping bags as they walk in Herald Square on Black Friday in New York City on November 26, 2021. A new Census Bureau…