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Financial Market News
You are at:Home»Posts Tagged "Breaking News: Business" (Page 68)

Nordstrom to go private in $6.25 billion deal with founding family

By FinMar NewsDecember 29, 2024

A sign marks the location of a Nordstrom store on March 20, 2024 in Chicago, Illinois. Scott Olson | Getty ImagesNordstrom on Monday announced it will become…

We knew Best Buy’s quarter and guide would be weak. Here’s our plan for the

By FinMar NewsDecember 29, 2024

Best Buy ‘s quarter came up short of expectations, with the misses compounded by downward revisions to management’s outlook for the remainder of the year. We…

Nike has had a rocky year — here’s why a comeback will take time

By FinMar NewsDecember 28, 2024

Nike, the world’s largest sportswear brand, is on a mission to regain its stride after a challenging year.Analysts say a yearslong series of strategic errors led…

Credit card debt set to hit record levels as consumer holiday spending

By FinMar NewsDecember 27, 2024

A woman shops at a Target store in Chicago on Nov. 26, 2024.Kamil Krzaczynski | AFP | Getty ImagesHeading into the holidays, many Americans were already…

10-year Treasury yield back above 4.6% after mixed jobless claims data

By FinMar NewsDecember 27, 2024

Treasury yields were slightly higher early Friday after a mixed set of data on weekly jobless claims.The yield on the benchmark 10-year Treasury was 3 basis points…

A look back at U.S. airlines’ wild 2024, from door plugs to bankruptcy

By FinMar NewsDecember 27, 2024

People check-in for their flights at the airport ahead of the Thanksgiving Holiday at Hartsfield-Jackson Atlanta International Airport, in Atlanta, Georgia, U.S., November 27, 2024. Megan Varner…

The busiest return season of the year is about to begin

By FinMar NewsDecember 26, 2024

After a strong start to the holiday season, consumer spending is on track to reach record levels this year. But many of those purchases will soon be…

How e-commerce is disrupting traditional seasonal work in retail

By FinMar NewsDecember 25, 2024

The holiday buying season is here, but the familiar rush of shopping and seasonal jobs is taking on a new shape as online shopping continues to…

Biggest banks sue the Federal Reserve over annual stress tests

By FinMar NewsDecember 25, 2024

A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests.The Bank Policy Institute, which represents big banks like…

American Airlines temporarily grounded flights due to technical glitch

By FinMar NewsDecember 25, 2024

American Airlines planes sit by their gates at the Miami International Airport on October 25, 2024 in Miami, Florida.Joe Raedle | Getty ImagesAmerican Airlines briefly grounded…

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