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The Latest Breaking News on Business

How Is Costco’s Stock Performance Compared to Other Consumer Defensive Stocks?

Costco has outperformed the consumer defensive sector this year, and analysts are highly optimistic about the stock’s prospects.

Barchart

US Job Gains Miss Expectations In August As Labor Market Cools

US hiring bounced back in August but missed expectations while the jobless rate crept down, government data showed Friday, paving the way towards central bank rate cuts in the coming weeks.

International Business Times

Popular troubled essential retail chain exits Chapter 11 bankruptcy

The operator of a pharmacy chain has freed itself from Chapter 11 bankruptcy.

The Street

From analysis to the latest developments in health,
read the most diverse news in one place.

How Is Walt Disney's Stock Performance Compared to Other Communication Services Stocks?

Walt Disney has recently underperformed in the communication services sector, but Wall Street analysts are optimistic about the stock’s prospects.

Barchart

Is Mondelez International Stock Underperforming the S&P 500?

Mondelez International has underperformed the S&P 500 over the past year, yet analysts remain bullish on the stock’s prospects.

Barchart

Jobs report surprise adds to case for bigger Fed interest rate cuts

The labor market is cooling, and the Fed is set to react.

The Street

Japanese 7-Eleven convenience store chain operator turns down Couche-Tard takeover offer

The parent company of the Japanese 7-Eleven convenience store chain is turning down a takeover offer from Alimentation Couche-Tard of Canada

The Independent UK

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Jobs Report: Soft Hiring Supports Big Fed Rate Cut, But S&P 500 Is Hit By Doubt

The August jobs report comes as the S&P 500 retreats from highs amid fears that the Federal Reserve waited too long to start cutting rates.

Investors Business Daily

Sorry, Apple And Nvidia. Funds Are Streaming Into This Non-Mag 7 Stock Now.

After getting denied membership to the Mag 7 club, Netflix stock gets revenge on Nvidia, Apple with big demand from the best mutual funds.

Investors Business Daily

Top Wall Street Auto Analyst Predicts Tesla's Robotaxi Event Will Look Like This

Tesla stock reclaimed its 50-day moving average and offered an early entry to aggressive investors on Thursday.

Investors Business Daily

Popular retail product maker files for Chapter 11 bankruptcy

The retail product manufacturer files Chapter 11 bankruptcy to reorganize its business.

The Street

Boeing faces looming strike threat by 32,000 workers: ‘We are still far apart’

Contract negotiations have hit impasse ahead of expiration of current agreement on 13 September

The Guardian - US

Major US Airlines Face Federal Probe Over Loyalty Program Practices

The four largest U.S. air carriers — Delta Air Lines Inc., American Airlines Group Inc., United Airlines Holdings Inc. and Southwest Airlines Co.— have to submit detailed reports on their reward programs within 90 days.

International Business Times

Paramount Chair Shari Redstone To Receive $180M In Severance, Benefits: Report

Paramount chair Shari Redstone is set to receive $180 million in severance pay following Skydance's acquisition of the movie company.

International Business Times

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Reason

The Netherlands' Rent Control Disaster

The Dutch government's radical expansion of rent control is displacing tenants and aggravating a preexisting housing shortage.

International Business Times UK

Top 10 Marketing Jobs In The US: One Role Has Over 50K Openings Now And Has 19% Job Growth—Should You Apply?

AI marketing assistants are leading the charge as the fastest-growing marketing jobs, with a projected growth rate of 21 percent.

International Business Times

App Helps Mexican Tortilla Makers Join Digital Economy

Long marginalized by the banking industry, Mexico's neighborhood tortilla producers are cautiously embracing financial technology, in a country where cash is still king for many.

The Street

Bud Light rival avoids boycott by cutting ‘woke’ policies

A top beer company is making a major change that some consumers may not like.

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The Street

DirecTV gives grim response to customers angry over Disney blackout

DirecTV has responded to customers threatening to leave over the absence of Disney-owned channels.

The Street

Huge automaker is pulling the plug on ambitious EV plans

The automaker follows Ford in reevaluating its electric plans.

Kiplinger

10 Housing Markets That Could Benefit First as Mortgage Rates Drop

These are the top 10 metro areas where the most mortgages are unlocked by lower rates. Plus, the magic number for mortgage rates.

The Street

Nordstrom joins forces with surprising Latin American counterpart

The Nordstrom family is not ready to give up its namesake company just yet.

The Street

Bankrupt Home Depot rival to liquidate remaining stores

Iconic home improvement retail chain will close and liquidate all its stores after two stalking-horse bids for its assets fall through.

Barchart

Is Exxon Mobil Stock Underperforming the S&P 500?

Exxon has underperformed the S&P 500 recently, but analysts are moderately optimistic about the stock’s prospects.

Broadcasting & Cable

YouTube TV Slows Its Roll — vMVPD Adds Only 50,000 Customers in Q2 After Posting First-Ever Quarterly Loss

Will the return of football rekindle Google virtual pay TV service’s once-incendiary growth?

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