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Tag: LSEG

A McDonald's Quarter Pounder hamburger and coke, are seen in an illustration picture taken in New York City, U.S., October 24, 2024. REUTERS/Brendan McDermid/File Photo

McDonald’s E. Coli Outbreak Could Worsen Near-Term Sales Decline

McDonald’s investors will look for signs of near-term sales disruption from the recent E. coli outbreak when it reports third-quarter results

Read More McDonald’s E. Coli Outbreak Could Worsen Near-Term Sales Decline
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)

Tesla Shares Soar After Company Announces Better-Than-Expected Profit Of $2B

Elon Musk’s company Tesla said on Wednesday that it expects to achieve slight growth in vehicle deliveries this year and reported a higher-than-expected profit margin for the third quarter, sending shares up 5% after hours. 

Read More Tesla Shares Soar After Company Announces Better-Than-Expected Profit Of $2B
A trader works on the trading floor at The New York Stock Exchange (NYSE) following the Federal Reserve rate announcement, in New York City, U.S., September 18, 2024. REUTERS/Andrew Kelly

S&P 500, Nasdaq rise as investors focus on inflation data, Q3 earnings

Wall Street’s main indexes opened higher on Tuesday, as investors shifted their attention to the upcoming third-quarter earnings season and inflation data for hints on the Federal Reserve’s future rate decisions.

Read More S&P 500, Nasdaq rise as investors focus on inflation data, Q3 earnings
GLENDALE, CALIFORNIA - FEBRUARY 16: The Nike logo is displayed at a Nike Well Collective store on February 16, 2024 in Glendale, California. Nike announced it will be laying off 2 percent of its workforce worldwide, close to 1,700 employees. (Photo by Mario Tama/Getty Images)

Nike CEO To Retire As Sportswear Company Sales Drop

Sports Brand Nike announced on Thursday, that CEO John Donahoe will retire after more than five years of being in charge of the company as the brand has struggled recently with sales and other competition. 

Read More Nike CEO To Retire As Sportswear Company Sales Drop
LOS ANGELES, CALIFORNIA - JUNE 02: A 'Now Hiring' sign is displayed outside a check cashing shop on June 2, 2023 in Los Angeles, California. Today’s U.S. labor report shows that employers added 339,000 jobs in May with sectors including construction, healthcare, business services and transportation adding jobs with wages showing 4.3 percent growth over the same period last year. (Photo by Mario Tama/Getty Images)

U.S. Economy Added 142K Jobs In August, Falling Below Expectations

The latest job growth report showed that job additions in August increased but missed economists’ estimates, with the unemployment rate staying nearly the same. 

Read More U.S. Economy Added 142K Jobs In August, Falling Below Expectations
TYSONS, VA - AUGUST 22: A hiring sign is displayed in front of Abercrombie & Fitch at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. According to reports, over 800,000 fewer jobs were created within the U.S. economy than originally reported in the 12-month period, 30% less than the previously reported 2.9 million from April 2023 through March, 2024. (Photo by Anna Rose Layden/Getty Images)

Report: Job Openings Fall To Lowest Level Since Biden Took Presidency

Job openings across America spiraled down to their lowest level since the beginning of 2021, a very concerning notion that the labor market is cooling. 

Read More Report: Job Openings Fall To Lowest Level Since Biden Took Presidency

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