Breaking News: Business
Weak February US Retail Sales Underscore Slowing Economy
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US retail sales slumped amid declining spending on building materials, electronics, and groceries. Read more
US Auto Sales Are Falling As Prices For New Vehicles Jump To Highest Ever
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The biggest declines in sales are happening at the lower end, where buyers have fewer options as companies pull back on ... Read more
US Housing Starts Fall In February On Weak Single-family Homebuilding
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U.S. homebuilding fell more than expected in February as construction of single-family homes dropped to more than a 1-1/... Read more
Market Sees Nearly 50% Chance Of A Fed Rate Cut By The End Of January 2020
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The fed funds futures market is assigning a 47.8 percent probability of at least one rate cut by Jan. 29. Read more
US Retail Sales Edge Up In January, But December Is Revised Sharply Lower
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U.S. retail sales unexpectedly rose in January, lifted by an increase in purchases of building materials and discretiona... Read more
Here's What The 'real' Unemployment Rate Is
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The unemployment rate fell to 3.8 percent in February, according to the Labor Department. But a broader measurement says... Read more
US Housing Starts Jump More Than Expected In January
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U.S. homebuilding increased more than expected in January as construction of single-family housing rebounded after four ... Read more
The Stock Market And The Economy Are Telling Two Different Stories
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The S&P 500's price-earnings ratio is suggesting the market is ignoring the economic reality, according to Tom Essay... Read more
Citigroup Upgraded By Jefferies, Citing Latin America Growth
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Jefferies upgrades Citigroup's stock to buy from hold, saying the bank is headed toward revenue growth this year, as wel... Read more
Citigroup Upgraded By Jefferies, Citing Latin America Growth
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Jefferies upgrades Citigroup's stock to buy from hold, saying the bank is headed toward revenue growth this year, as wel... Read more
Consumer Sentiment Surges Higher Than Expected After Government Shutdown Ends
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Consumer sentiment gained more than expected in early February as the spending power recovered after the end of the long... Read more
General Dynamics Downgraded By Credit Suisse: 2019 Forecast Is 'well Behind Defense Peers'
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Credit Suisse downgraded General Dynamics stock to neutral from outperform on Friday, saying the company is "well behind... Read more
Yelp Downgraded By Citi After Disappointing 2019 Forecast
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Citi Research downgraded its rating on Yelp shares to neutral from buy, saying the company's recent 2019 earnings foreca... Read more
Morgan Stanley: An Electric Pickup From Tesla Or Rivian Is A 'serious Problem' For Detroit
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The highly profitable pickup truck market is the next to be revolutionized by electric vehicles, Morgan Stanley says. Read more
After Climbing To Start 2019, The Stock Market Comeback Is On Hold – Here's Why
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The Dow Jones Industrial Average clinched its first three day loss of 2019 on Friday and there are a few key reasons the... Read more
Skechers Surges 15% After 'a Year Of Record Sales' And Strong Guidance
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Skechers stock rocketed higher after giving strong profit guidance for the quarter ahead while reporting better-than-exp... Read more
Ford Investing $1 Billion, Adding Jobs At Chicago Factories As It Makes Cuts Overseas
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The move is part of Ford's overall strategy to beef up production of sport utility vehicles, crossovers, and trucks. Read more
Top GE Analyst Stephen Tusa Not Impressed By Earnings: 'Scratching Our Heads At The Stock Reaction'
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General Electric shares soared to their best day in a decade following the Thursday's fourth-quarter earnings report but... Read more