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McDonald’s Stock Slumps on E. Coli Troubles. What History Says Happens Next.
On Tuesday, the Centers for Disease Control and Prevention and other federal agencies announced they are investigating an E. coli outbreak linked to McDonald’s Quarter Pounders,
Existing-home sales sink to a 14-year low, as home buyers pull back ahead of the November election
Home sales fell to the lowest level in 14 years, as high home prices and uncertainty over the upcoming presidential election spooked home buyers. Sales of previously owned homes fell 1% to an annual
Here's what a Kamala Harris or Donald Trump win would mean for the stock market
The stock market has climbed over the course of the presidential campaign, raising questions about whether the rally will continue depending upon which candidate wins: Vice President Kamala Harris or
This ETF has trounced the S&P 500 with bets on AI in a surprising sector
Macrae Sykes of Gabelli Funds explains his strategy, which looks beyond the Nvidia-focused AI hardware buildout.
Boeing's CEO lays out his 4-part turnaround plan to fix 'festering of issues' in a memo to employees
Boeing CEO Kelly Ortberg said "trust in the company has eroded," that it's "saddled with too much debt," and has had "serious lapses in performance."
G7 are allies moving ahead with $50 billion loan for Ukraine backed by frozen Russian funds
The White House said Wednesday that Group of Seven allies are moving forward with providing Ukraine with $50 billion in loans for Ukraine backed by frozen Russian assets. Leaders of the wealthy
Existing-Home Sales Slump to Lowest Level Since 2010. Why Buyers May Be Missing Out.
Sales of existing homes unexpectedly fell in September, to their slowest pace since late 2010. But buyers may want to consider this: one economist says it’s getting easier to buy a home. Previously
One global market is already pricing in a Trump victory
Tariff-exposed companies in Europe have badly lagged the broader market, signaling that investors expect a Trump win, Barclays said.
Spirit Airlines shares surge 35% on news of possible merger with Frontier
The company finds itself on the brink of bankruptcy after a failed merger with JetBlue and posting losses in 11 straight quarters.
AI on the trading floor: Morgan Stanley expands OpenAI-powered chatbot tools to Wall Street division
Nearly 50% of employees at Morgan Stanley and 60% at JPMorgan Chase have access to generative AI software provided by OpenAI.
Kering Warns of Lowest Annual Profit Since 2016 as Gucci Suffers
Kering SA warned that its annual profit will fall to the lowest level since 2016 as a slump in Chinese demand for luxury goods hampers a turnaround of the French fashion group’s biggest label, Gucci.
Amazon Prime members can save 10 cents a gallon at 7,000 stations across the U.S.
Amazon.com Inc. said Wednesday that Prime members can now save 10 cents a gallon at about 7,000 gas stations operated by BP, Amoco and ampm across the U.S.
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