Chipotle’s decision to absorb food inflation costs rather than raise prices has Wall Street worried. The stock plunged 16% to two-year lows as analysts question the sustainability of this strategy amid persistent cost pressures.
September Borrowing Reaches Five-Year Peak Government borrowing in the United Kingdom climbed to £20.2 billion in September, marking the highest…
General Motors is set to report quarterly earnings with analysts projecting significant declines in both revenue and adjusted earnings per share. The automaker’s recent $1.6 billion strategic shift in electric vehicle investments adds complexity to its financial outlook amid ongoing industry challenges.
General Motors is preparing to release its third-quarter financial results amid analyst projections showing substantial year-over-year declines, according to average estimates compiled by LSEG. Sources indicate the Detroit automaker could report a 7.2% decrease in revenue alongside a 22% drop in adjusted earnings per share compared to the same period last year.
Federal Reserve officials are reportedly preparing for another interest rate cut at their October meeting, potentially lowering the Federal Funds rate to 3.75%-4%. The decision comes amid divided views within the FOMC about the appropriate pace of monetary easing. Markets will be closely watching for clues about whether this represents a tactical adjustment or the beginning of a more sustained cutting cycle.
The Federal Reserve is reportedly preparing to lower interest rates at its upcoming October meeting, according to analysis from Forbes contributors. Sources indicate this would mark the second consecutive cut following September’s reduction, potentially bringing the Federal Funds rate to a range of 3.75% to 4%. If implemented, this would represent the lowest interest rate levels since late 2022, signaling a shift in the central bank’s approach to monetary policy.
Growth Trajectory Shows Measured Slowdown China’s economic expansion moderated during the third quarter, with official statistics confirming a gradual deceleration…
Bearish Bets Mount Against British Pound Several prominent asset management firms are taking contrarian positions against the British pound, anticipating…
American consumers are experiencing shipping chaos as new tariff policies eliminate exemptions for small international shipments. UPS customers report packages held for weeks, surprise bills, and confusing customs requirements disrupting online orders from abroad.
American consumers are facing unprecedented shipping challenges and surprise fees as recent tariff policy changes eliminate exemptions for small international shipments, according to reports. The elimination of the de minimis loophole in August, which previously exempted shipments under $800 from tariffs, has created confusion and delays for customers ordering from abroad, with UPS customers reporting particularly severe disruptions.
Warner Bros. Discovery Bets on Premium CNN Streaming Revival Warner Bros. Discovery is making another ambitious push into the streaming…
The Looming Debt Crisis in Developed Economies While many assume inflation belongs to history books, current economic indicators suggest it…
CNN is making another attempt at streaming dominance with its new All Access service, priced higher than the ill-fated CNN+ that lasted less than a month. The Warner Bros. Discovery-owned network hopes to avoid repeating past mistakes with this latest digital initiative.
CNN is attempting to revitalize its digital strategy with the launch of CNN “All Access,” according to reports from CNBC and other financial outlets. This marks the latest effort by the CNN network to establish a foothold in the competitive streaming landscape after the spectacular failure of CNN+, which sources indicate lasted less than a month despite significant investment and promotion.
