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US Department of Labor reports initial jobless claims of 191K, below expected 220K

Key Takeaways US initial jobless claims reached 191,000, lower than the expected 220,000. Lower-than-expected claims signal resilience in the US job market. Share this article The US Department of Labor, a federal agency responsible for administering labor laws and promoting workforce welfare, today reported initial jobless claims of 191,000 for the latest week, falling below … Read more

India cuts rates to 5.25% as expected as central bank flags ‘weakness in some key economic indicators’

The Reserve Bank of India logo outside its headquarters in Mumbai on Feb. 7, 2025.  Indranil Mukherjee | Afp | Getty Images India’s central bank cut its policy rate by 25 basis points to 5.25%, matching forecasts from economists polled by Reuters. The monetary policy committee delivered a unanimous reduction, citing “weakness in some key … Read more

Macy’s (M) Earnings Preview: Revenue and earnings expected to decline in Q3 2025

Shares of Macy’s, Inc. (NYSE: M) rose 2% on Monday. The stock has gained 72% in the past three months. The retailer is set to publish its earnings results for the third quarter of 2025 on Wednesday, December 3, before markets open. Here’s a look at what to expect from the earnings report: Revenue Macy’s … Read more

Hormel Foods (HRL) expected to report mixed results for Q4 2025

Shares of Hormel Foods Corporation (NYSE: HRL) have declined 26% year-to-date. The branded foods company is slated to report its earnings results for the fourth quarter of 2025 on Thursday, December 4, before the markets open. Here’s a look at what to expect from the quarterly report: Revenue Hormel has guided for net sales to range … Read more

Asia-Pacific stocks trade mixed as Tokyo inflation runs hotter than expected

Pedestrians walking across a crowded traffic at Shibuya crossing square in Tokyo, Japan. Jaczhou | E+ | Getty Images Asia-Pacific markets were mixed Friday as U.S. stock futures remained flat over Thanksgiving Day, with the Nasdaq Composite on track to end a seven-month winning streak. Traders in Asia are assessing inflation data from Tokyo, a … Read more

Dollar General (DG) expected to deliver higher revenue and earnings in Q3 2025

Shares of Dollar General Corporation (NYSE: DG) rose over 2% on Tuesday. The stock has gained 37% year-to-date. The dollar store is scheduled to report its earnings results for the third quarter of 2025 on Thursday, December 4, before market open. Here’s a look at what to expect from the earnings report: Revenue Analysts are … Read more

Core wholesale prices rose less than expected in September; retail sales gain

Core wholesale prices rose less than expected in September, indicating a potential cooling in pipeline inflation pressures, the Bureau of Labor Statistics reported Tuesday. The producer price index, a measure of what producers get for final demand goods and services, increased a seasonally adjusted 0.3% on the month, in line with the Dow Jones consensus … Read more

Trump’s retreats on tariffs have already wiped out $800 billion of expected deficit reduction, CBO estimates

The Congressional Budget Office (CBO) has released new projections showing that recent rollbacks of President Donald Trump’s aggressive tariff strategy have wiped out roughly $800 billion in expected debt reduction over the next decade. This revision comes even as tariffs remain a central point of debate in U.S. fiscal policy, particularly with the national debt … Read more

Senate Banking and Agriculture committees expected to vote on crypto market structure bill next month

Key Takeaways The Senate Banking Committee plans to mark up and vote on digital asset market structure legislation next month. The legislation aims to position the US as a crypto leader while improving financial service access and consumer protections. Share this article Chairman Tim Scott of the Senate Banking Committee said Tuesday the panel expects … Read more

Half of millennial and Gen Z couples pick engagement rings with lab-grown diamonds— ‘well beyond what the mining industry had expected,’ McKinsey says

More carats at a lower price sounds like a great deal. That’s why many couples are choosing lab-grown diamonds over natural mined diamonds for their engagement rings. Plus, there’s a perception lab-grown diamonds are better for the environment. For the first time ever, more than half of couples reported their engagement ring features a lab-grown … Read more

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