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The Latest Breaking News on Business

Sales Of Existing US Homes Rise In October

Sales of previously owned homes in the United States picked up in October, industry data showed Thursday, fueling hopes that a slump in the sector may be ending.

International Business Times

Airline CEOs and Transportation Secretary Buttigieg fight over regulations even after election

The Biden administration is on its way out of power, but that's not ending the arguments between the administration and airlines that think they are being over-regulated

The Independent UK

US Housing Sales Surged In October. The Worst 'Could Be Over'

Existing home sales rose 3.4% from September and were 2.9% higher than October of last year.

International Business Times

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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

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

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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

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

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

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Salon

Trump's tariffs: Buy now or later?

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

The Guardian - US

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

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

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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.

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."

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