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Weekly economic & financial commentary: remarkable resilience

Summary United States: Remarkable Resilience The U.S. economy expanded at a stronger-than-expected pace in Q3, with real GDP increasing at a robust 4....

October 28, 2023, 1:22 am

Ford: profit hit hard by strike, withdraws financial guidance, slows ev spending

Ford Motor Co. faces a $1.3 billion profit loss due to a 41-day strike at its Kentucky plant. The United Auto Workers union demanded higher wages and ...

October 27, 2023, 4:19 pm

U.s. consumer spending grows, despite a slowdown in income in september

Personal income grew 0.3% month-on-month (m/m) in September, a deceleration from August’s 0.4% and just below market expectations for 0.4% growth. A...

October 27, 2023, 2:20 pm

Bio-rad (bio) misses q3 earnings estimates, cuts 2023 view

The deterioration in biopharma and early biotech customer spending and a challenging macroeconomic envi...

October 27, 2023, 1:33 pm

Tesla stock is rising on higher ev prices. ford is helping, too.

Electric-vehicle maker Tesla raised prices on one of its Model Y vehicles. Also, Ford is delaying capital spen...

October 27, 2023, 12:53 pm

Us personal income and spending surge: core pce holds steady in september 2023

In September 2023, US personal income rose $77.8 billion (0.3%), spending surged by $138.7 billion (0.7...

October 27, 2023, 12:43 pm

United states personal spending

Personal spending in the United States increased 0.70 percent in September of 2023 over the previous mo...

October 27, 2023, 12:30 pm

Pce index in-line, +0.4%; core yoy +3.7% - lowest since 2021

spending continued to climb: +0.7% compared with the +0.5% anticipated and the +0.4% posted a month ago...

October 27, 2023, 12:02 pm

Sharpie, yankee candle owner newell brands slashes full-year guidance; shares fall

Investors pulled back on Newell Brands (NYSE:NWL) after the Sharpie-maker slashed its full-year sales and profit guidance when handing down its third ...

October 27, 2023, 11:42 am

Consumer spending boosts u.s. q3 gdp: etfs to buy

The United States witnessed a substantial economic growth in the third quarter of 2023, with the real gross domestic product growing at an annual rate...

October 27, 2023, 9:47 am

Dxc technology (dxc) to report q2 earnings: what to expect?

While weakness in the traditional business and tepid IT spending are likely to have hurt DXC Technology...

October 27, 2023, 9:02 am

Brazil’s equities and the price of oil: enabling turbo mode?

Summary One year into Lula’s presidency, Brazil’s equities have performed well against emerging market peers. Market concerns about ideologically ...

October 27, 2023, 8:14 am

Sanofi ceo paul hudson on q3 results: increased r&d spending will impact 2024 profit

Sanofi CEO Paul Hudson joins 'Squawk Box' to discuss the company's quarterly earnings results, spin off of its consumer health care business, growth o...

October 27, 2023, 8:03 am

Eur/usd forecast: the us core pce price index to impact fed interest rate outlook

US personal income, inflation, and spending data to steer near-term EUR/USD dynamics—investor anticip...

October 27, 2023, 5:30 am

Sanofi takes page from rivals' separation playbook

Sanofi on Friday mapped out a potential separate listing of its consumer healthcare business from the fourth quarter of next year, as it plans to shor...

October 27, 2023, 3:36 am

Hasbro revamps games for cost efficiency, including jenga

Hasbro, the toy manufacturer, is echoing Barbie-maker Mattel in cautioning that the upcoming holiday season might be lackluster, reflecting a trend of...

October 26, 2023, 8:59 pm

Yellen: we have what looks like a soft landing

4.9% GDP growth today is certainly going to be a high-water mark for the next couple years but whether it's a soft landing or not will depend on how h...

October 26, 2023, 5:40 pm

Amazon q3 2023 outperformance streak: moat monetization is back in action

Amazon.com, Inc. stock has underperformed the broader markets over the past month, reflecting investor wariness over the mixed consumer ...

October 26, 2023, 5:35 pm

Amazon revenue jumps as consumer and business spending improves

Investors were closely watching business spending with the company's cloud computing division, which gr...

October 26, 2023, 4:48 pm

Qualcomm 4q and full-year profits expected to plunge on chip sector headwinds

A drop in profit and lower revenues are expected from the San Diego, California-based chipmaker QUALCOMM, Inc. (NASDAQ:QCOM) when it reports its fou...

October 26, 2023, 4:07 pm


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