Every year it seems like Black Friday shopping starts earlier and earlier and Yahoo Finance’s Brian Sozzi was out in the stores all day on Thanksgiving to see if people were shopping and where. …read more […]
Wall Street’s major indexes ended Friday’s shortened session lower as U.S.-China discord over Hong Kong fueled investor anxiety about their trade talks and retail stocks dipped as in-store Black Friday sales appeared to draw smaller crowds.
Oil prices fell significantly today as rumors that Saudi Arabia is unwilling to deepen the OPEC+ production cuts put markets on edge ahead of the upcoming cartel meeting …read more […]
Shoppers headed out to stores across the United States in a quest to score the best Black Friday discounts on everything from handbags to 4K TVs, with early promotions marking the start of a condensed holiday shopping season.
The frenzy associated with Black Friday shopping was missing this year as U.S. retailers offered earlier discounts and more consumers shopped online, though spot checks around the country showed traffic picked up after a sluggish morning.
Early data into the Yahoo Finance newsroom indicates Black Friday and holiday sales will break records. According to Adobe Analytics online retail sales on Thursday are expected to hit $4.4 billion. That would be up 18.9% year-over-year. But those profits won’t necessarily help those troubled retailers who are expected to close brick and mortar stores. …read more […]
The U.S. government may expand its power to stop more foreign shipments of products with U.S. technology to China’s Huawei, amid frustration the company’s blacklisting has failed to cut off supplies to the world’s largest telecoms equipment maker, two sources said. The U.S. Commerce Department in May placed Huawei Technologies on a trade blacklist, citing national security concerns. Putting Huawei on the entity list, as it is known, allowed the U.S. government to restrict sales of U.S.-made goods to the company, and some more limited items made abroad that contain U.S. technology. …read more […]
Cisco sees a way for blockchain to help secure messages transmitted through telecommunications networks, according to a patent. …read more […]
California utility PG&E Corp has determined there were no lives or structures lost in 2019 wildfires that may have been caused by its distribution lines, according to a Friday court filing.
Aurora Cannabis is opening its flagship retail store at the West Edmonton mall in Canada. Yahoo Finance’s Adam Shapiro and Heidi Chung discuss on “The Ticker.” …read more […]
While this year’s Black Friday sales are expected to break records, not all Americans are flocking to retailers this weekend. Demonstrators are gathering around the world to fight consumerism in the annual ‘Buy Nothing Day’ protest. Yahoo Finance’s Kristin Myers joins The Ticker to discuss. …read more […]
U.S. stocks slipped on Friday in a post-holiday shortened session as a U.S.-China discord over Hong Kong reignited trade tensions and retail stocks dipped on signs of a tepid start to in-store Black Friday sales.
U.S. crude oil production in September rose to a new record of 12.46 million barrels per day (bpd) from 12.397 million bpd in August, the U.S. government said in a monthly report on Friday. Oil output in Texas rose 72,000 bpd in September, while production in North Dakota and the Gulf of Mexico fell during the month. U.S. gasoline demand fell 652,000 bpd in the month to 9.2 million bpd. …read more […]
As the highly-anticipated OPEC meeting rapidly approaches, Saudi Arabia’s patience with other members that have not met the production cut quota is wearing increasingly thin …read more […]
China’s new ambassador to Canada visited a senior Huawei Technologies Co Ltd official who is fighting extradition to the United States and urged Ottawa to release her, the embassy said on Friday.
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