Breaking News: Economy
Southwest’s profits are down 42% this year but it’s the top U.S. airline stock
A Southwest Airlines Boeing 737 airplane arrives at Los Angeles International Airport from San Francisco on March 28, 2025 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Southwest Airlines‘ profits fell 42% in the first nine months of the year compared with the same period in 2024. But its stock […]
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U.S. economy grows by 4.3% in third quarter, much more than expected, delayed report shows
The U.S. economy grew at a much greater-than-expected pace in the third quarter, boosted by strong consumer spending, a delayed report released Tuesday showed. U.S. GDP, a sum of all goods and services produced in the sprawling U.S. economy, expanded by 4.3% in the July-September period, the Commerce Department said in its initial reading of […]
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Holiday retail spending rose 4.2% this season, driven by e-commerce and electronics: Visa report
Shoppers at the Glendale Galleria in Glendale, Calif., on Dec. 20, 2025, the final weekend of Christmas gift buying. Myung J. Chun | Los Angeles Times | Getty Images U.S. consumers showed resilience this holiday season, driving retail spending up 4.2% year over year, according to preliminary data released Tuesday by Visa. The report from […]
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U.S. Treasury yields edge higher as investors prepare for holiday-shortened week
Traders work on the floor of the New York Stock Exchange during morning trading on November 19, 2025 in New York City. Stocks opened up mixed amid the release of the Nvidia earnings report along with other third quarter numbers. (Photo by Michael M. Santiago/Getty Images) Michael M. Santiago | Getty Images News | Getty […]
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Gold and silver prices soar to new highs as the yellow metal reemerges as a hedge
Gold and silver prices soared to new highs on Monday. Gold was last seen at a record $4,445.8 per ounce while spot gold was last trading at $4,414.99. Prices are up nearly 70% since the start of the year. The metal has soared this year, smashing consecutive price records as risk assets lost ground. Gold is typically viewed […]
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European markets expected to open in negative territory ahead of short trading week
LONDON — European markets are expected to open in negative territory on Monday as last week’s positive sentiment wears off. The U.K.’s FTSE 100 is expected to open 0.1% lower, Germany’s DAX is seen 0.17% lower, and the French CAC index is seen 0.3% lower, according to data from IG Group. It follows a record-breaking […]
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Fed’s Hammack says there’s no need to change interest rates for months, WSJ reports
Beth Hammack, president and chief executive officer of the Federal Reserve Bank of Cleveland, center, speaks with attendees at the Columbus Metropolitan Club in Columbus, Ohio, US, on Wednesday, April 16, 2025. Brian Kaiser | Bloomberg | Getty Images Federal Reserve Bank of Cleveland President Beth Hammack said she saw no need to change U.S. […]
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Your CEO wants to be a social media influencer. Is it cool or cringy?
Vladimir Godnik | Fstop | Getty Images For years, Braden Wallake has posted everything from business lessons to animal pictures on his LinkedIn page. A fateful midweek post on a late-summer day stopped the marketing executive in his tracks. Wallake shared a teary-eyed selfie with a message about his feelings after laying off staff. Just […]
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Stocks making the biggest moves midday: Lamb Weston, KB Home, Carnival, Oracle, CoreWeave & more
Check out some of the stocks making the biggest moves in midday trading. Lamb Weston – The producer of fries and frozen potato products saw shares tank 25%. Though Lamb Weston posted beats on the top and bottom lines in the second quarter, the company reaffirmed its full-year revenue guidance of $6.35 billion to $6.55 […]
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Waller had a ‘strong interview’ for Fed chair with Trump as president appears to turn focus to job market
Christopher Waller, governor of the US Federal Reserve, speaks during the C. Peter McColough Series on International Economics at the Council on Foreign Relations in New York, US, on Thursday, Oct. 16, 2025. Michael Nagle | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller had a “strong interview” for the central bank chair position […]
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