Bath & Body shares soar, Cisco gains, jobless claims and more: Thursday's 5 things to know
Traders will be watching premarket trading reaction to quarterly earnings reports from Cisco and Bath & Body Works.
Chinese imports to US dropping faster than total imports: report
Chinese imports to the U.S. have fallen faster than total imports in recent months as political upheavals around the world force businesses to rethink traditional supply chains
FTX logo removed from University of California football field
The impact of FTX's bankruptcy on its involvement in sports has begun. The exchange's logo was removed from the University of California's football field.
How is the UN looking to help poor countries fight climate change?
Former Trump adviser Christian Whiton discusses COP27's proposal to aid poor nations in combating climate change and natural disasters on 'Fox Business Tonight.'
Diesel hits record premium over gas, oil
Diesel used in trucks, in homes, and to fuel powerplants has skyrocketed in price as the Jones Act, the pandemic, and Russia's War in Ukraine all disrupt supply.
Target exec says retail theft has hurt company's gross profit margin
The chief financial officer of Target Corporation, Michael Fiddelke, said on Wednesday that store theft has hurt the retail giant's gross profit margin.
BlackRock’s Rieder: If you’re in fixed-income, this is nirvana right now
BlackRock global fixed income CIO Rick Rieder discusses if the Fed could cause an 'economic accident' by continuing to raise rates, telling 'The Claman Countdown' the U.S. economy is slowing but 'resilient.'
SLB aims to drive innovation for 'well-balanced planet': Gavin Rennick
SLB new energy president Gavin Rennick discusses collaboration with Oman's ministry of energy and minerals to explore the country's geothermal resources on 'The Claman Countdown.'
Gas prices dip, could drop more ahead of Thanksgiving week: AAA
Gas prices dipped to $3.77 last week, with some stations selling gas below $3 a gallon, according to AAA.
Government funds are a tax: Art Laffer
Former Reagan economist Art Laffer and National Taxpayers Executive Vice President Brandon Arnold discuss President Biden's agenda as he requests more Ukraine and COVID aid amid inflation.
Retail sales increase 'grossly' overstate 'what's happening' with retail chains: John Lonski
Thru the Cycle President John Lonski discusses the rise in retail prices in October and the impact of inflation on the industry on 'Varney & Co.'
NYC passes taxi fare hikes for the first time in a decade
The New York City Taxi and Limousine Commission voted Tuesday to approve raising taxi fares for the first time in a decade. The base fare will increase to $3.
Target warns of weak holiday season, CEO says consumers stressed
Target shares took a beating Wednesday as the retailer lowered its outlook and CEO Brian Cornell told investors that inflation is impacting customers.
Buffett-backed electric-car giant BYD halts spinoff of chip unit
BYD said in a filing on Tuesday that it is shelving the spinoff of BYD Semiconductor and the company’s listing on the Shenzhen Stock Exchange until an unspecified date.
Tesla Semi delivery event scheduled for December 1
The first customer Tesla Semis will be delivered at an event at the automaker's factory in Sparks, Nevada, on December 1, more than five years after it was unveiled.
FTX founder Sam Bankman-Fried hit with class-action lawsuit that also names Brady, Bündchen, Shaq, Curry
Tom Brady, Stephen Curry and Naomi Osaka are among the celebrities named in a new class action lawsuit against Sam Bankman-Fried's collapsed crypto trading company FTX.
EV startups struggle to catch Tesla’s hype train
Rivian’s peers went public via mergers with special-purpose acquisition companies, a less lucrative route. They are now raising capital in a difficult funding environment.
Retail sales 'have gone nowhere': Stephanie Pomboy
MacroMavens President Stephanie Pomboy joins 'Mornings with Maria' to discuss the lack of movement in retail sales, the Federal Reserve's management of the economy, and the potential for a global recession.
Retail sales rise faster than expected in October, despite painfully high inflation
The Commerce Department released new retail data on Wednesday, revealing how consumers have responded to rapid and stubbornly high inflation in October.
Retail sales, Lowe's, Target earnings and more: Wednesday's 5 things to know
Retail will be a large focus on Wednesday as big box stores Target and Lowe's report earnings, while retail sales for October are released.