Bloomberg
BMO's Jennifer Lee Interview
Jennifer Lee, BMO Senior Economist, shared her outlook on the economy and what to expect in the month of December, looking ahead of the next Fed meeting. She spoke with Lizzy Burden on Bloomberg Markets.
Bloomberg
Macy's Uses Gift Cards to Lure Shoppers on Black Friday
The lure of $10 gift cards wasn't enough to draw big early-bird Black Friday crowds at the Macy's Inc. flagship New York City location in Herald Square when it opened at 6 a.m. Overall, it's expected to be a strong day for the nation's...
Bloomberg
Impact of Trump Tariffs on Tech
President-elect Donald Trump vowed additional tariffs on Mexico, Canada and China, shaking markets with his first specific threats to the US's top trading partners since his election win three weeks ago. Mary Lovely, senior fellow at the...
Bloomberg
Swartz: Low Interest Rates Positive For South African Consumers
Supermarket chain Spar has reported full year diluted headline EPS missing estimates. But Angelo Swartz, CEO of Spar told Bloomberg's Horizons Middle East and Africa host Joumanna Bercetche that the 2025 outlook is more positive for...
Bloomberg
Europe's Luxury Firms Won't See Quick Rebound in China Demand: Artemis
Europe's luxury firms won't see a quick rebound in China despite recent efforts by Beijing to revive the economy, says Swetha Ramachandran, fund manager at Artemis. "Household deposits are at record highs, savings rates are enormously...
Bloomberg
China Slump Hurts LVMH as Sales in Region Fall 16%
LVMH's sales of fashion and leather goods fell for the first time since the pandemic as the industry's biggest player was hammered by a slump in demand from Chinese consumers whose appetite for high-end purchases once seemed insatiable....
Bloomberg
Hermes Sales Increase Amid Resilient Demand for Handbags
Hermes sales rose as the company met resilient demand for its pricey handbags, bucking the broader luxury market slump that's dragged down peers like Kering SA. Sales increased 11.3% at constant exchange rates in the third quarter, just...
Bloomberg
Link Asset Management's Group CEO on HK Retail
Link Asset Mgmt. Group CEO George Hongchoy says Hong Kong is undergoing structural changes, with more local shoppers going to the mainland for services and food. However, he believes the city will bounce back after re-balancing of supply...
Bloomberg
Luxury Consumer Is Resilient, Four Seasons CEO Says
Four Seasons CEO Alejandro Reynal says demand is still strong and the luxury consumer is resilient. Reynal says the key is creating a luxury ecosystem for guests that want to travel the world. He's on "Bloomberg Surveillance."
Bloomberg
Disney CFO Says Movies and Streaming Are Booming
Walt Disney Co. Chief Financial Officer Hugh Johnston says that the company sees a "terrific future" in streaming. He's also bullish on the future of ESPN and its movie business. He's on "Bloomberg Technology."
Bloomberg
Trump Tariff Inflation Could Be a Market Surprise: Sonders
Liz Ann Sonders, chief investment strategist at Charles Schwab, says market participants could be in for a surprise as they are not anticipating an increase in inflation from tariffs.
Bloomberg
PBOC Would Have to Respond to Trump Tariffs, BNP Says
Nadia Grant, head of global equity at BNP Paribas Asset Management, discusses how President-elect Donald Trump's planned tariffs might affect US and Asian economies and financial markets. She also explains why she favors Japanese stocks...
Bloomberg
Rio Tinto Chairman on Supply Crisis, China Economy
Rio Tinto Chairman Dominic Barton says the world needs more mines to offset a coming supply shortfall across commodities including copper. He says mergers and acquisitions are not enough to plug the gap. Barton spoke exclusively with our...
Curated Video
Medicare says scammers are targeting Americans amid open enrollment period
If you get a phone call from someone claiming to be from Medicare, be weary. Officials say it could be a scam. (Scripps News)
Press Association
Nine water firms halted from using customer cash to pay for £6.8m of bonuses
Nine water companies, including stricken Thames Water, have been prevented from using customer money to fund “undeserved” bonuses for top bosses worth £6.8 million under new powers, the regulator has announced.
Curated Video
Retailers say they're ready for potential Trump tariffs
President-elect Trump is promising major tariffs that could impact retailers and their consumers. Here's how businesses say they may have to change their operations. (Scripps News)
Curated Video
Colorado voters approve measure to levy excise tax on guns and ammo
Colorado Proposition passed an excise tax on firearms and ammunition to help fund mental health efforts. The measure would add a 6.5% excise tax on guns, firearm parts and ammunition sold in Colorado. (Scripps News)
Curated Video
Battling your prescription drug insurance denial
Facing health issues is stressful. Being denied by your insurance for crucial claims is added worry. Here's what to know about battling prescription drug insurance denial. (Scripps News)
Curated Video
Fed chair testifies before Senate bank committee on inflation
Pocketbook issues are at the forefront of what's on the minds of many Americans when paying the monthly bills and looking ahead to Election Day in November. (Scripps News)
Press Association
HSBC stock footage as UK major banks hit by payment issues
The UK’s biggest banks have been hit by glitches affecting digital banking, leaving some customers unable to send and receive money on what is commonly pay day for workers across the country. Nationwide, HSBC, Barclays and Virgin Money...
Curated Video
Investors, patients, and doctors sound off on direct-to-consumer medical tests
It's not just pregnancy tests and COVID nasal swabs anymore: Detailed home medical tests are easier to get than ever. But are they sound science or modern-day snake oil? (Scripps News)
Curated Video
Investors, patients, and doctors sound off on direct-to-consumer medical tests
It's not just pregnancy tests and COVID nasal swabs anymore: Detailed home medical tests are easier to get than ever. But are they sound science or modern-day snake oil? (Scripps News)
Curated Video
Why restaurant prices are so high, and how you can save
A perfect storm of rising food prices and labor rates has hit restaurants the past two years, forcing menu price hikes. (Scripps News)
Curated Video
Man gets dozens of unwanted Amazon deliveries every month
An Ohio man is being sent numerous unwanted items in what might be part of a scheme to deceive consumers.