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The Latest Breaking News on Business

The biggest remaining unsanctioned Russian bank hit with U.S. sanctions, nearly three years into war

Russia’s third largest bank, Gazprombank and its six foreign subsidiaries were hit with U.S. sanctions on Thursday

The Independent UK

US home sales rose in October, notching their first annual gain in more than three years

Sales of previously occupied U.S. homes rose in October, the first annual gain in more than three years, with home shoppers encouraged by easing rates and a pickup in properties on the market

The Independent UK

US Natural Gas Drillers Expect To Increase Output Next Year: Report

Production will increase to meet the demand from liquefied natural gas export plants.

International Business Times

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Are Wall Street Analysts Predicting Lowe's Stock Will Climb or Sink?

Despite Lowe's underperforming the broader market over the past year, analysts maintain a moderately positive outlook on the stock's future potential.

Barchart

What Are Wall Street Analysts' Target Price for CarMax Stock?

While CarMax has lagged behind the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s future.

Barchart

In October, Michigan sportsbooks saw their handle grow 5.7% YoY

Bettors across the state were highly profitable against retail sportsbooks and held their own against mobile operators.

SportsCasting

Do Wall Street Analysts Like Entergy Stock?

Although Entergy has outperformed relative to the broader market over the past year, Wall Street analysts maintain a cautiously optimistic outlook about the stock’s prospects.

Barchart

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What Are Wall Street Analysts' Target Price for CMS Energy Stock?

CMS Energy has underperformed the broader market over the past year, yet analysts remain moderately bullish on the stock’s prospects.

Barchart

Goldman Sachs analyst leads Nvidia price target overhauls after earnings

Nvidia's near-term outlook may have disappointed markets, but analysts are taking a different view.

The Street

Are Wall Street Analysts Bullish on Expeditors International Stock?

Expeditors International has substantially underperformed the broader market over the past year, and analysts have turned bearish on the stock’s prospects.

Barchart

Costco Stock Outlook: Is Wall Street Bullish or Bearish?

Costco has outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.

Barchart

Are Wall Street Analysts Bullish on CF Industries Stock?

CF Industries has underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.

Barchart

Trump's tariffs: Buy now or later?

Tariffs will likely lead to price increases, though by how much remains unclear

Salon

Comcast to spin off portfolio of cable networks including MSNBC and CNBC

Telco giant plans to keep NBC, though detangling talent and resources from spun-off networks will prove a challenge

The Guardian - US

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Al Jazeera

Google must sell Chrome to end search monopoly, US prosecutors argue

US Department of Justice says Google has ‘deprived rivals’ of opportunities to expand their search engine market share.

The Independent UK

Nvidia is Wall Street's most valuable company. How it got there, by the numbers

Nvidia has once again turned out quarterly results that exceeded Wall Street’s forecasts

The Street

Walmart shoppers are showing Target how it's done

Walmart prevails with a successful strategy, but Target obtains opposite results.

The Street

Target flags startling customer behavior ahead of holidays

The retail giant is noticing a concerning consumer trend.

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news in one place.

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The Independent UK

Brazil’s Lula welcomes China's Xi for state visit as ties between countries strengthen

Brazil's President Luiz Inácio Lula da Silva has welcomed China’s President Xi Jinping for a state visit at the Alvorada Palace in Brasilia, in the latest sign of deepening ties between the two countries that analysts say may accelerate as Donald Trump returns to the White House in 2025

The Independent UK

Archegos hedge fund founder Bill Hwang gets 18 years in prison for massive fraud

The founder of Archegos Capital Management, a hedge fund, has been sentenced to 18 years in prison for his conviction in a securities and market manipulation fraud that prosecutors say cost global investment banks billions of dollars

The Independent UK

Workers at Kentucky electric vehicle battery production complex start drive to unionize

Workers hired for an electric vehicle battery production complex in Kentucky have launched a campaign to join the United Auto Workers

The Street

Nvidia stock slides as outlook clouds massive Q3 earnings surge

Nvidia's fourth quarter sales outlook, tamed by supply chain challenges, may have disappointed investors.

Fortune

Short-seller takes aim at beloved Gen Z makeup brand e.l.f. Beauty

A Muddy Waters report claims the company "materially overstated revenue."

PC Gamer

Qualcomm reckons it will be flogging $4 billion worth of PC CPUs annually by 2029 which is about what AMD sold in 2023

Will that be extra CPUs sold, or will it come at the expense of AMD and Intel?

Al Jazeera

Lula and Xi sign dozens of trade deals as Brazil-China ties deepen

Presidents of China and Brazil hail ‘new phase’ in relations between two countries, which are major trading partners.

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