Business

Deckers stock is falling on concerns about the growth outlook for Hoka and Ugg

Deckers stock is falling on concerns about the growth outlook for Hoka and Ugg

๐Ÿ’ฅ Explore this insightful post from Business News ๐Ÿ“– ๐Ÿ“‚ Category: ๐Ÿ’ก Main takeaway: Hoka shoes at a store in Krakow, Poland on February 1, 2023. Jakub Purzycki | norphoto | Getty ImagesShoemaker shares Decker brands Its shares fell more than 12% on Friday after the company trimmed its sales guidance for Hoka and Ugg - the two brands driving its growth - on concerns that tariffs are leading to a decline in demand.Hoka, an emerging running shoe brand, is now expected to grow in the low-teens percent in fiscal 2026 after growing 24% in the same period last year,…
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General Motors is laying off more than 200 salaried workers in the latest round of job cuts

General Motors is laying off more than 200 salaried workers in the latest round of job cuts

๐Ÿ’ฅ Discover this awesome post from Business News ๐Ÿ“– ๐Ÿ“‚ Category: โœ… Main takeaway: The headquarters of the American automobile company General Motors (GM) is in Detroit, Michigan.Ole Deck | Image Alliance | Getty ImagesDetroit โ€“ GM It laid off more than 200 paid employees on Friday, as the automaker continues to reevaluate its business and cut costs to boost profits.The affected employees were largely computer-aided design, or CAD, engineers who worked at the company's global technology campus in metro Detroit, according to GM.โ€œWe are restructuring our design engineering team to enhance our core architectural design engineering capabilities,โ€ GM said…
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Taco Bell is attracting a younger crowd with its flashy Live Mรกs Cafรฉ drinks

Taco Bell is attracting a younger crowd with its flashy Live Mรกs Cafรฉ drinks

๐Ÿ’ฅ Read this must-read post from Business News ๐Ÿ“– ๐Ÿ“‚ Category: โœ… Main takeaway: IRVINE, Calif. โ€“ Taco Bell is going all-in on beverages, starting with its Live Mรกs Cafรฉ concept.the Yum brands The chain unveiled the beverage-focused store's look last December, with its first location in Chula Vista, California. Ten months later came a second location near the UC Irvine campus. By the end of the year, Taco Bell expects to have 30 Live Mรกs cafes in its portfolio, throughout Southern California, Dallas and Houston.Unlike McDonald's now-defunct subsidiary CosMc, which had its own standalone locations, Live Mรกs Cafรฉ lives…
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Stocks rise after lower-than-expected CPI reading; The Dow Jones, S&P 500 and Nasdaq set new records

Stocks rise after lower-than-expected CPI reading; The Dow Jones, S&P 500 and Nasdaq set new records

๐Ÿ”ฅ Read this must-read post from Investopedia | Expert Financial Advice and Markets News ๐Ÿ“– ๐Ÿ“‚ Category: Live Markets News,Markets News,News โœ… Main takeaway: Lower-than-expected inflation keeps the Fed on track to cut interest rates in October 40 minutes ago It would have taken a surprise spike in inflation in September to deter the Fed from cutting interest rates in October, but that didn't happen.The Consumer Price Index rose 3% over the year in September, the Bureau of Labor Statistics said Friday. While this was the highest annual inflation rate since January, it was below forecasters' expectations of a 3.1%…
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CPI inflation remained high in September

CPI inflation remained high in September

๐Ÿš€ Read this must-read post from Investopedia | Expert Financial Advice and Markets News ๐Ÿ“– ๐Ÿ“‚ Category: Economic News,News ๐Ÿ“Œ Main takeaway: Key takeaways The consumer price index rose 3% year-on-year in September, up from 2.9% in August, the highest annual inflation rate since January.The acceleration was less than the rise to 3.1% that forecasters had expected.Inflation has remained stubbornly high in the post-pandemic era, driven by tariffs and pressure on household budgets. Inflation remained stubbornly high in September, maintaining continued pressure on the purchasing power of household budgets.The Consumer Price Index rose 3% year over year in September, compared…
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Family offices fear a decline in the value of the dollar and lower revenues in the wake of the tariffs

Family offices fear a decline in the value of the dollar and lower revenues in the wake of the tariffs

๐Ÿ’ฅ Explore this insightful post from Business News ๐Ÿ“– ๐Ÿ“‚ Category: ๐Ÿ“Œ Key idea: Compassionate Eyes Foundation / David Oxbury | Digital Vision | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide for the high-net-worth investor and consumer. subscription To receive future issues, directly to your inbox.Family offices have been investing more cautiously since President Donald Trump announced tariffs in early April, according to a recent poll from RBC Wealth Management and research firm Campden Wealth.In a survey of 141 investment firms belonging to ultra-wealthy households in North America,…
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Procter & Gamble (PG) Q1 2026 earnings

Procter & Gamble (PG) Q1 2026 earnings

๐Ÿ”ฅ Check out this insightful post from Business News ๐Ÿ“– ๐Ÿ“‚ Category: ๐Ÿ“Œ Key idea: Boxes of Tide Pods dishwasher detergent are displayed at a Costco wholesale store on July 12, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty ImagesProcter & Gamble On Friday, it reported fiscal first-quarter profits and revenues that exceeded analysts' expectations, helped by rising demand for beauty and personal care products.However, the company warned that it expects tariff costs to rise in fiscal year 2026, which began in July. Despite what CEO John Mueller described as a โ€œchallenging consumer and geopolitical…
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Stocks Gain as Investors Monitor China Trade News, Earnings Results; Oil Futures Surge

Stocks Gain as Investors Monitor China Trade News, Earnings Results; Oil Futures Surge

๐Ÿ’ฅ Discover this must-read post from Investopedia | Expert Financial Advice and Markets News ๐Ÿ“– ๐Ÿ“‚ Category: Live Markets News,Markets News,News ๐Ÿ’ก Main takeaway: Intel Stock Soars as Chipmaker Swings to a Profit 13 hr 32 min ago Intel is back to being a profitable company. Shares of the embattled chipmaker surged in extended trading Thursday, after the company swung to a profit that blew past analysts' estimates. Intel posted adjusted earnings of 23 cents per share for the third quarter, compared to a loss in the preceding and year-ago quarters, and well above the 2 cents per share analysts…
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How easy is it for athletes to manipulate sports betting?

How easy is it for athletes to manipulate sports betting?

๐Ÿ’ฅ Discover this awesome post from Investopedia | Expert Financial Advice and Markets News ๐Ÿ“– ๐Ÿ“‚ Category: News ๐Ÿ“Œ Main takeaway: Key takeaways Miami Heat guard Terry Rozier was arrested Thursday as part of a federal case involving the use of inside information to bet on NBA games. After decades of trying to keep their distance, professional sports are becoming increasingly comfortable with gambling, with teams moving to Las Vegas and leagues forming partnerships with gambling companies. Gambling industry advocates argue that legal and regulated sports betting works to root out illicit behavior and maintain the integrity of gaming. Miami…
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Intel shares rise as chipmaker swings to profit

Intel shares rise as chipmaker swings to profit

๐Ÿ’ฅ Read this must-read post from Investopedia | Expert Financial Advice and Markets News ๐Ÿ“– ๐Ÿ“‚ Category: Tech Sector News,Company News,News ๐Ÿ’ก Key idea: Intel is back to being a profitable company. Shares of the beleaguered chipmaker rose in extended trading Thursday, after the company turned a profit that beat analysts' estimates. Intel reported adjusted earnings of 23 cents per share for the third quarter, compared with a loss in the prior quarters and a year ago, and well above the 2 cents per share that analysts had expected. Its revenue rose 3% year over year to $13.7 billion, also…
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