Dan Murphy’s operator Endeavour Group is keen for Christmas – the retailer has even been offering on-the-spot interviews for seasonal workers this year to ensure stores are well staffed as the rush begins. Boss Steve Donohue is also upbeat about the festive season, hoping that the business will see the best Christmas it’s ever had as consumers continue to spend […]
Read morevideo California rancher on drought’s impact on herd, meat prices Diamond W Cattle Company owner Mike Williams says he has about a third of the cattle he normally has on the ranch due to the drought and notes that ‘the total number of cattle in the United States is reduced quite significantly.’ California's ongoing drought is expected to impact the […]
Read morevideo FOX Business Flash top headlines for October 10 Check out what’s clicking on FoxBusiness.com The Nobel Prize in Economic Sciences was awarded Monday to former Federal Reserve chief Ben Bernanke and two other U.S. academics whose work helped governments and central bankers navigate the global financial crisis and avoid an economic depression of the kind seen during the 1930s. […]
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Germany’s industrial production declined more than expected in August as raw material shortages and supply chain bottlenecks continued to dampen the functioning of many industries, official data showed on Friday. Retail sales also weakened in August signaling weak contribution to growth from household spending amid rising energy prices. Industrial output dropped 0.8 percent on a monthly basis in August after […]
Read morevideo Fed hawkishness may have peaked, inflation could follow: Kevin Mahn Hennion & Walsh Asset Management president and CIO Kevin Mahn warns more volatility could be in store for the stock market on ‘The Claman Countdown.’ Retired Americans collecting Social Security benefits will find out this week just how big their cost-of-living adjustment will be in 2023 as stubbornly high […]
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The increasing likelihood of the international economy falling into a recession could see share prices in Australia continue their downward trajectory even if the country avoids recession itself. Treasurer Jim Chalmers warned this week Australia will not be immune to a potential global recession, saying storm clouds are gathering in the international economy. “The weight of opinion around the world […]
Read morevideo US job growth slows in September with 263,000 positions added Labor Department reports that 263,000 jobs were added the economy as the unemployment rate comes in at 3.5 percent. U.S. job growth softened in September for the second straight month, but hiring likely remained healthy enough for the Federal Reserve to approve another jumbo interest rate hike when it […]
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The Institute for Supply Management released a report on Wednesday showing a modest slowdown in the pace of growth in U.S. service sector activity in the month of September. The ISM said its services PMI edged down to 56.7 in September from 56.9 in August, although a reading above 50 still indicates growth in the sector. Economists had expected the […]
Read morevideo Fed wants millions of Americans to lose jobs, cost of everything to go up: Fitz-Gerald The Fitz-Gerald Group principal Keith Fitz-Gerald and Sarge986 president Stephen Guilfoyle discuss the stock markets volatile reaction to the Fed’s rate hike on ‘The Claman Countdown.’ The number of Americans filing first-time unemployment benefits rose more than expected last week, a sign the labor […]
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