Retailers Need a Last-Minute Holiday Gift From Shoppers
Discounts are back as stores try to entice cost-conscious customers. The strategy hinges on a final flurry of shopping this...
Markets
Tesla Doubles Discounts on Model 3, Model Y Vehicles
The move has fueled concern that demand for the electric vehicles may be softening. Tesla’s shares are down about 9%...
U.S. Home Sales Post Record 10th Straight Month of Declines
EconomyU.S. EconomyNovember existing-home sales fell 7.7% as Fed keeps raising interest rates Source link
FTC’s Tussle With Microsoft Puts Spotlight on Cloud Gaming
TechWhile cloud gaming is a small part of the videogame market, industry participants expect it to become more influential Source...
Oil Price Rises After Russia Cap Kicks In
MarketsCommoditiesThe sanctions aim to crimp Russia’s oil income while preventing a surge in energy prices Source link
OPEC+ Keeps Oil Curbs Despite Russia Price Cap
WorldGroup led by Saudi Arabia and Russia also faces slowing demand in China Source link
G-7 Sets Russian Oil Price Cap of $60 a Barrel
The move came just hours after the European Union united behind the figure, as Western nations try to curb Moscow’s...
Bed Bath & Beyond Struggles to Keep Stores Stocked for Black Friday, Holiday Season
BusinessHome-goods chain’s out-of-stock levels are higher than rivals; ‘They used to have so much variety’ Source link
U.S. Home Sales Fell for Ninth Straight Month in October
Sales of previously owned homes declined to a seasonally adjusted annual rate of 4.43 million, the weakest rate since May...
Twitter’s Advertising Exodus Accelerates, Despite Outreach From Elon Musk
Ad giant Omnicom joins other agencies in recommending brands pause spending, and some companies halt discussions for annual contracts. Source...
Inflation Report Leaves Fed on Track for 0.5-Point Rate Rise in December
The October inflation report is likely to keep Federal Reserve officials on track to approve a half-percentage-point interest-rate increase next...
WSJ News Exclusive | Airbnb to Make Cleaning Fees Clearer on Searches After Customer Complaints
WSJ News ExclusiveTravelThe travel company also says it will make predeparture cleaning requirements easier for customers to find earlier in...
Elon Musk Says Twitter Has Had Massive Revenue Drop
Elon Musk tweeted that Twitter has had a massive drop in revenue due to activist groups pressuring advertisers, as the...
WSJ News Exclusive | General Mills, Audi and Pfizer Join Growing List of Companies Pausing Twitter Ads
WSJ News ExclusiveMedia & MarketingAdvertisers are concerned about a flurry of executive departures at Twitter and new owner Elon Musk’s...
Merck Is Coming for Pfizer’s Pneumonia Vaccine Market Share
HealthRivals’ interest in the $7 billion market shows the drug industry’s renewed focus on vaccines Source link
Exxon Hits Record Profits Again as Oil Industry Sees Banner Quarter
The world’s largest oil companies continue to reap rewards from sustained high commodity prices as Exxon XOM 2.93% Mobil Corp....
Tech Boom Ends as Companies From Amazon to Meta Adjust to Turbulent Times
A week of earnings by big technology companies has been a rout for investors, as recession fears and the strong...
Companies Take Different Strategies to Navigate High Inflation
The first batch of earnings reports from companies for the September quarter show that corporate profit margins are feeling the...
Snap Stock Slumps Premarket as Sales Growth Shrinks, Advertisers Cut Spending
Snap, SNAP -0.64% in an investor letter Thursday, said it is operating on an assumption of no revenue growth this...
Union Pacific Profit Rises 13% as Railroads Benefit From Higher Freight Rates
Higher prices and strong demand from customers helped lift profits for major railroad operators in the most recent quarter, though...
