Jobless claims slide to 7-month low. Businesses not cutting many jobs.
The number of Americans who applied for unemployment benefits in the week before the Thanksgiving holiday dipped to a seven-month low in a sign of strength for a steadily expanding U.S. economy.
‘Moana 2’-led Thanksgiving box office could be best in years
Auliʻi Cravalho voices Moana in Disney Animation’s “Moana 2.” Disney The domestic box office is poised for its biggest Thanksgiving haul since the pandemic thanks to a Polynesian princess, a pair of witches and a revenge-fueled gladiator. Disney’s “Moana 2” is set to hit theaters Wednesday and generate between $120 million and $150 million in […]
Walmart pulls back on DEI efforts, removes some LGBTQ merchandise
A Walmart Supercenter in Burbank, California, Nov. 21, 2024. Allen J. Schaben | Los Angeles Times | Getty Images Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit that funded programs for minorities. The nation’s largest employer, which has about […]
Treasury yields fall as traders await PCE inflation data
Treasury yields retreated early Wednesday ahead of a bumper batch of U.S. economic data before the Thanksgiving holiday on Thursday.
Trump tariff plan threatens to make Modelo more expensive
Packages of Modelo Especial beer are displayed for sale in a grocery store on June 14, 2023 in Los Angeles, California. Mario Tama | Getty Images Shares of Constellation Brands fell 3.5% on Tuesday after President-elect Donald Trump announced plans to place a 25% tariff on Mexican imports once he’s inaugurated. Constellation imports all of […]
Biden’s plan for Medicare coverage of weight-loss drugs would drive up costs by billions of dollars
The plan would need to be supported by the incoming Trump administration, which has vowed to cut costs across the federal government.
Best Buy (BBY) earnings Q3 2025
Best Buy on Tuesday cut its full-year sales forecast and missed Wall Street’s quarterly revenue expectations, as early holiday shopping and a fresh batch of iPhones and AI-enabled laptops weren’t enough to drive higher sales. The consumer electronics retailer said it now expects full-year revenue to range from $41.1 billion to $41.5 billion, compared with […]
Workday’s stock drops as cut to subscription-sales outlook gives investors pause
Workday reports another quarterly earnings beat, but a lowered subscription revenue outlook weighs heavily on the stock.
Nordstrom (JWN) earnings Q4 2024
A sign marks the location of a Nordstrom store in a shopping mall on March 20, 2024 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom on Tuesday beat Wall Street’s quarterly sales expectations, as revenue grew about 4% year over year from shoppers buying clothing, shoes and activewear at both the company’s namesake department […]
GM, Stellantis shares fall on Trump tariff threat for Mexico, Canada
A carrier trailer transports Toyota cars for delivery while queuing at the border customs control to cross into the U.S., at the Otay border crossing in Tijuana, Mexico May 31, 2019. Jorge Duenes | REUTERS DETROIT – Shares of automakers General Motors and Stellantis fell Tuesday after President-elect Donald Trump threatened to put 25% tariffs […]
