Business News
WASHINGTON (Reuters) – U.S. retail sales increased slightly more than expected in October, but underlying momentum in consumer spending appeared to slow at the start of the fourth quarter. Retail sales rose 0.4% last month after an upwardly revised 0.8% advance in September, the Commerce Department’s Census Bureau said on Friday. Economists polled by Reuters … Read more
Tesla CEO Elon Musk, tapped by President-elect to lead a new Department of Government Efficiency, spoke at the America First Policy Institute at Mar-a-Lago in Florida, Thursday, Nov. 14, 2024. Billionaire Elon Musk joined President-elect Donald Trump on Thursday for the annual America First Policy Institute Gala at Mar-a-Lago in Palm Beach, Florida. Musk, who … Read more
Investing.com – Cardano was trading at $0.6245 by 07:19 (12:19 GMT) on the Investing.com Index on Friday, up 10.02% on the day. It was the largest one-day percentage gain since November 10. The move upwards pushed Cardano’s market cap up to $21.3964B, or 0.72% of the total cryptocurrency market cap. At its highest, Cardano’s market … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. England’s education regulator wants to replace one-word assessments of schools’ overall performance with similarly brief judgments in 10 areas of evaluation, according to documents seen by the Financial Times. Sir Martyn Oliver, the chief inspector … Read more
A tech consultant charged with murder in Cash App founder Bob Lee’s stabbing death sparred with the lead prosecutor at trial Thursday, interrupting questions asked of him with his own questions as he was grilled on his testimony. Nima Momeni, 40, had to be told several times by the judge to provide responsive answers. He … Read more
Finance Minister Nirmala Sitharaman will chair the next meeting of the GST Council on December 21 in Jaisalmer, a senior finance ministry official said. The Council was initially scheduled to meet in November. The delay is due to the Assembly elections in Maharashtra and Jharkhand, and then the Winter Session of Parliament. According to the Informist, the GST … Read more
By Naomi Rovnick LONDON (Reuters) – Big global investors are exiting popular trades that bet on US President-elect Donald Trump’s tax and tariff policies boosting Wall Street and wreaking damage abroad and swooping in on some of the Nov. 5 election’s biggest market victims. After US stocks and the dollar bounced on Trump’s growth agenda … Read more
Hyundai Motor (OTCPK:HYMTF) has named Jose Munoz as its new President and CEO, starting January 1, 2025. The appointment has made Munoz the first foreigner to lead the South Korean conglomerate. Munoz will manage Hyundai’s global operations, taking over from CEO Jaehoon
Check out what’s clicking on FoxBusiness.com. The luxury retail shopping experience is evolving across the southeastern U.S. beyond archetypal laminated glass and heavy door frames with repurposed shipping containers that offer a traveling excursion to buyers. Bal Harbour Shops, an open-air mall near Miami, Florida, is redefining how consumers experience the lap of luxury. The … Read more