IKEA Store Owner Logs Slump in Profit Amid Efforts to Cut Prices
IKEA store owner Ingka Group posted sharply lower net profit in fiscal 2024 as investments in lowering prices for customers weighed on the company's bottom line.
Dell Slides on Weak Outlook
Shares of Dell fell after quarterly guidance missed analyst expectations. The stock dropped some 13% to $123.19 in early trading Wednesday. It's still up about 67% for the past year.
London’s historic fish and meat markets to close, ending 1,000 years of tradition
Two of London’s most famous markets — one selling fish, the other meat — are set to close in the coming years, bringing an ...
Consumer spending climbs ahead of holidays. Households far from tapped out.
Consumer spending rose at a healthy pace in October and fueled a U.S. economic expansion that shows no sign of slowing in the ...
Treasury yields trim declines after PCE inflation report
Treasury yields trimmed their declines on Wednesday as investors assessed a fresh reading on U.S. inflation that matched Wall Street expectations. The yield on the 10-year Treasury note was trading ...
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Stocks remain mixed after PCE gauge affirms sticky October inflation reading
U.S. stocks remained mixed after the October PCE index affirmed economist expectations that inflation would remain sticky. The Fed’s preferred PCE price index climbed 0.2% last month for the second ...
IMAX’s stock is up more than 70% this year. Here’s why an analyst sees more room to run.
IMAX Corp.’s shares have climbed 71.2% in 2024, and analyst firm Wedbush sees more upside ahead for the high-end ...
BeiGene Shares Up on EU Approval for Gastric, Esophageal Cancer Treatment
Shares of BeiGene rose Wednesday morning after the company said it has received regulatory approval for its treatment of gastric and esophageal cancers from the European Union. Shares were recently up ...
UnitedHealth, 3M share gains contribute to Dow's 119-point jump
Shares of UnitedHealth and 3M are posting strong returns Wednesday morning, sending the Dow Jones Industrial Average into positive territory.
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Inflation rate climbs for the first time since the summer. Fed weighs how much to cut rates.
The numbers: The rate of inflation rose in October and moved further away from the Federal Reserve’s 2% goal, confirming a ...
7 tips from a tax influencer as she approaches retirement at 70
As a longtime tax professional, Phyllis Jo Kubey has walked hundreds of clients through the ever-shifting tax implications of ...
Stocks struggle for direction, with 7-day winning streak on the line for S&P 500
Stocks opened mixed Wednesday, with a seven-day winning streak for the S&P 500 on the line after the large-cap benchmark and the Dow Jones Industrial Average ended Tuesday at records. Trading ...