By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) CHICAGO/NEW YORK/NORTH BERGEN, N.J. -Taylor Swift fans and their parents lined up outside some of Target’s nearly 2,000 U.S. stores early on Black Friday to buy copies of her new Eras Tour book. Hoping to buck a long stretch of slowing sales at Target stores – with […]
Trump’s tariffs could cost carmakers up to 17% of combined core profits, S&P says
(Reuters) – European and American carmakers are set to lose up to 17% of their combined annual core profits if the U.S. imposes import tariffs on Europe, Mexico and Canada, S&P Global said in a report on Friday, warning of potential credit downgrades. Premium automakers Volvo and Jaguar Land Rover, who mostly produce in Europe, […]
Morning bid: Bonds in vogue on Black Friday, yen pops
A look at the day ahead in U.S. and global markets from Mike Dolan While Americans have been feasting and preparing to shop, U.S. Treasuries have put in a decent rally this week – countering considerable post-election fiscal anxieties as world bonds find a bid more broadly. While the holiday week and month-end position squaring […]
Jobs data set to pave way for rates path, stocks
By Lewis Krauskopf NEW YORK (Reuters) – The coming week will give investors a fresh view into the health of the U.S. economy with the release of a closely watched employment report that could help determine the trajectory of interest rates in the months ahead. Stocks are heading into December with the benchmark S&P 500 […]