Economy Week Ahead: U.S. Household Spending, Home Sales in Focus
EconomyEconomy Week AheadThe Federal Reserve also slated to release minutes about interest rates Source link
Sales Figures
Are we on the brink of a corporate credit crisis? | CNN Business
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In a market that’s gone mad, investors can embrace these dependable stocks | CNN Business
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VW Says 2022 Sales and Profit in Line With Forecasts
BusinessEarnings PreviewPreliminary figures show supply-chain woes weakened cash flow Source link
U.S. Trade Deficit Hit Record in 2022
EconomyU.S. EconomyTrade gap rises to $948.1 billion as the U.S. continues to depend on imports to meet domestic demand Source...
Tyson Foods Profit Declines as Beef Price Drops
Profit margins from the meat processor’s beef division have come under pressure as consumer demand softens for premium cuts of...
Honeywell Revenue Rises 6% as Company Signals Slowing Growth
BusinessEarningsManufacturer predicts growth will slow in its initial 2023 outlook after challenging year Source link
Estée Lauder Sales Hit Again by China’s Covid Lockdowns
The cosmetics company reported a 17% decline in quarterly sales as retailers tightening their inventories also weighed on its business....
Mondelez Expects Fewer Price Increases This Year
The maker of Oreo cookies and Sour Patch Kids candy said it doesn’t plan to raise prices further in the...
Microsoft Earnings Fell Last Quarter Amid Economic Concerns
BusinessEarningsSoftware giant’s revenue growth slowed to a more than six-year low as demand for cloud services cooled Source link
WSJ News Exclusive | GM, LG Scrap Plans to Partner on Fourth U.S. Battery Factory
A U.S. battery-cell factory that had been in the works between General Motors and LG Energy Solution has been shelved...
U.S. Retail Sales Fell 1.1% in December
EconomyU.S. EconomySales see biggest monthly decline of 2022 as consumers cut back at height of holiday season Source link
Microsoft Plans to Announce Layoffs as Early as Wednesday Morning
The software giant would join other tech companies that since the start of the new year have trimmed their ranks....
EVs Made Up 10% of All New Cars Sold Last Year
The increase, driven by China and Europe, provided relief to a broader car market that suffered from economic worries, inflation...
China’s EV Sales Broke Record in 2022 as Overall Auto Market Stalled
Rising retail demand for electric and plug-in hybrid vehicles boosted the auto market as traditional-car sales slipped 13%. Source link
Beer Sales Drop as Consumers Balk at Higher Prices
BusinessU.S. demand for beer fell at the end of last year after a strong run of defying inflation Source link
Southwest’s December Meltdown to Cause Quarterly Loss
The airline said it lost up to $425 million in revenue after it canceled more than 16,700 flights in the...
U.S. Auto Sales in 2022 Worst in Over a Decade
BusinessAutos & TransportationAutos IndustryGM bucked last year’s industry declines to regain U.S. sales crown from Toyota Source link
Soaring Egg Prices Lead Nation’s Largest Producer to Record Sales
BusinessCal-Maine reports rising prices and healthy demand despite bird flu Source link
Hits Like ‘Top Gun: Maverick’ Buoyed 2022 Movie Box Office, to a Point
The combined superpowers of the Batman, Doctor Strange, the Minions, Maverick and Na’vi warriors couldn’t save Hollywood from a lackluster...
