Shoppers browse for dresses during the Black Friday sale at the Vivo Activewear women's clothing store in downtown Nairobi, Kenya November 24, 2023. Thomas Mukoya | ReutersShoppers kicked off the holiday season with a bang, as a record 200.4 million people hit stores and searched websites for gifts from Thanksgiving...
Check out the companies making the biggest moves midday: PDD Holdings — U.S.-listed shares of the international ecommerce company jumped more than 18% after PDD posted a big earnings and revenue beat . PDD, the parent of Pinduoduo and Temu, reported a whopping 94% year-over-year increase in revenue for...
Rupert Murdoch, chairman of News Corp and co-chairman of 21st Century Fox, arrives at the Sun Valley Resort of the annual Allen & Company Sun Valley Conference, July 10, 2018 in Sun Valley, Idaho.Drew Angerer | Getty ImagesRupert Murdoch is being deposed Tuesday as part of the $2.7 billion...
A townhouse for sale in the Upper East Side neighborhood of NYC.Adam Jeffery | CNBCHigher mortgage rates appear to be doing very little to cool home prices.Nationally, prices were 3.9% higher in September compared with the same month a year earlier, up from a 2.5% annual gain in August,...
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C., on Friday, Sept. 23, 2022.Al Drago | Bloomberg | Getty ImagesFederal Reserve Governor Christopher Waller said Tuesday he's growing more confident that policy is in a place now to bring inflation back under...
Check out the companies making headlines in premarket trading. Affirm -- The fintech provider of "buy now pay later" services rose 2% after an upgrade to hold at Jefferies on Tuesday. The upgrade was underpinned by "recent evidence of stabilizing cost of capital and capital markets activity, stabilizing (if...
A Shein Group Ltd. pop-up store inside a Forever-21 store in the Times Square neighborhood of New York, US, on Friday, Nov. 10, 2023. Yuki Iwamura | Bloomberg | Getty ImagesShein has confidentially filed to go public in the U.S. as the Chinese-founded fast fashion juggernaut looks to expand its...
Ariana DeBose stars as Asha in Disney's new animated film "Wish."DisneyDisney needs to do more than wish on some stars to get out of its animation rut.It's latest animated feature "Wish," billed as a celebration of 100 years of storytelling, fumbled at the box office during the Thanksgiving holiday...
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty ImagesRivian on Monday started leasing select models of its all-electric R1T pickup truck, a move to expand sales and customer base beyond early...
Check out the companies making headlines in midday trading. Foot Locker — The shoe-and-apparel retailer shed 1% on the back of a Citi downgrade to sell from neutral. Citi said Foot Locker is in a bad environment for staging a turnaround. Carnival — Shares added 1% after being upgraded...