The retail sales report suggested consumer spending retained most of its strong momentum at the start of the fourth quarter, likely keeping the economy on a strong growth path, despite the trade deficit expected to […]
J.C. Penney on Thursday reported quarterly revenue that fell short of analysts’ expectations, sending shares down more than 10 percent in premarket trading, to just above a dollar a share. Here’s what the company reported […]
At least four Apple suppliers have cut their revenue forecasts this week, fueling speculation that Apple is scaling back manufacturing of the iPhone. Apple said earlier this month it would stop reporting individual unit sales […]
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