Dow Jones futures tilted lower late Tuesday, along with S&P 500 futures and Nasdaq futures. The stock market rally continued its move away from technology and towards energy and finance on Tuesday. Tesla stock fell but kept key support while other megapaps such as Apple (AAPL) Barely budgeted. X In overnight trade, HPQ stock and Clean storage (PSTG) signaled breakouts …
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Nordstrom (JWN) Q3 2021 earnings miss, sales hit
A customer left a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom reported earnings on Tuesday that did not fall short of analysts’ expectations, as labor costs eat into profits and sales and its Nordstrom Rack business struggled to return to pre-pandemic levels. The news sent his stock tumbling more than 20% in …
Read More »CVS, Walgreens and Walmart perpetuated opioid crisis, jury finds
“We all know that it is the prescribers who control the demand,” said Brian Swanson, an attorney for Walgreens. “Pharmacists do not make demand.” On several occasions, the defendants’ attorneys pointed the finger at the federal authorities. Not only were the drugs approved by the Food and Drug Administration, they said, but the DEA also bore responsibility for the huge …
Read More »To lower gas prices, Biden authorizes release from US strategic oil reserve
President Joe Biden on Tuesday said he was entitled to a historic release from the country’s strategic oil reserve to help perpetuate a rise in gasoline prices. Facing the rising consumer dissatisfaction ahead of Americans hit the road for the Thanksgiving holiday, Biden called it the “biggest ever report” when announcing the action in remarks Tuesday afternoon. “The bottom line: …
Read More »Fighting gas prices, US. It. To release 50 million barrels of oil
WASHINGTON (AP) – President Joe Biden on Tuesday ordered 50 million barrels of oil released from the United States Strategic Reserve to help reduce energy costs, in coordination with other major energy-consuming nations, including India, the United Kingdom and China. The US. It. Action is aimed at global energy markets, but also to help Americans cope with higher inflation and …
Read More »Black Friday 2021 Deals: Live Updates on Deep Price Cats from Walmart, Samsung and More – USA TODAY
Black Friday 2021 Deals: Live Updates on Deep Price Cats from Walmart, Samsung and More USA Today Black Friday 2021: The Best Free Deals from Target, Apple, Walmart, Best Buy, Home Depot and more The New York Times Black Friday 2021: How to Find the Best Deals | nzherald.co.nz nzherald.co.nz Do. No. The new and upcoming Black Friday deals Yahoo …
Read More »Turkish lira plunges to record low as Erdogan doubles on economic policy Critics call “insane”
The lira, which has already lost 45 percent of its value over the year, fell to 13.45 to the dollar late in the afternoon, though it later reversed some losses. Many have laid the blame on the policies of Erdogan, who has pushed Turkey’s central bank to keep interest rates low, despite the havoc it is playing on the country’s …
Read More »Elizabeth Holmes Testimony Day 3: Live Trial Updates
SAN JOSE, Calif. – After months of accusing her of lying about getting money for her blood testing start-up, Terrana’s Elizabeth Holmes, the notorious Silicon Valley entrepreneur on trial for fraud, sharpened her defense on Monday. In just under two hours of testimony, Ms. Holmes pushed back against accusations that she lied about Terranos’ work with drug companies. She also …
Read More »New York giants big Michael Strahan will be space tourist next month on Blue Origin flight
Pro Football Hall of Famer and “Good Morning America” co-host Michael Strahan is going to court next month. Strahan, who turned 50 on Sunday, will be joined by Laura Shepherd Churchill, the eldest daughter of the late astronaut Alan Shepherd, on the December 9 mission at New Shepherd, a space force named after her father, who is Was the first …
Read More »Dollar Tree hikes prices 25%. Most items will cost $ 1.25
The company – one of America’s last remaining real dollar stores – said Tuesday that it will raise prices from $ 1 to $ 1.25 on the majority of its products by the first quarter of 2022. The change is a sign of the printing of Low-cost retailers. Prices during a period of rising inflation. Dollar Tree (DLTR) Said in …
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