China strategist warns of deflation and rock-bottom consumer confidence

BEIJNG, CHINA - NOVEMBER 13: Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. (Photo by Gao Zehong/VCG via Getty Images)Vcg | Visual China Group | Getty ImagesDeflation may soon start biting into Chinese growth, as Beijing looks at another three...

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COCO, ADM, GILD and more

Check out the companies making headlines in midday trading. Macy's — Shares of the department store giant added 2% after the company rejected a $5.8 billion proposal by Arkhouse Management and partner Brigade Capital Management to take the retailer private, citing concerns over deal financing and valuation. Archer-Daniels-Midland —...

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Spirit Airlines stock rebounds after appeal of JetBlue merger block

Spirit and JetBlue planes at Fort Lauderdale-Hollywood International Airport (FLL) in Fort Lauderdale, Florida, US, on Wednesday, Nov. 1, 2023. Eva Marie Uzcategui | Bloomberg | Getty ImagesSpirit Airlines shares jumped about 10% Monday after the budget carrier and JetBlue said after the market closed on Friday they would appeal...

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