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What Credit-Card Trends Tell Us About the U.S. Consumer, in Charts
WSJ· 2025-10-23 15:00
Core Insights - Despite the ongoing trade war, government shutdown, and sluggish job market, consumer spending remains robust [1] Group 1 - The trade war continues to impact economic conditions, yet households are maintaining their spending levels [1] - Government shutdown has not significantly deterred consumer confidence or spending habits [1] - The job market is sluggish, but this has not translated into reduced household expenditure [1]
Home sales rose in September to a seven-month high after buyers seized on declining mortgage rates
WSJ· 2025-10-23 14:08
Core Insights - Existing-home sales increased by 1.5% compared to the previous month, reaching the highest rate since February [1] Group 1 - The rise in existing-home sales indicates a positive trend in the housing market [1]
Super Micro Trims First-Quarter Forecast on Order Delays
WSJ· 2025-10-23 13:51
Core Viewpoint - Super Micro Computer has reduced its quarterly revenue outlook due to delays in order deliveries from some customers [1] Group 1 - The company has experienced a cut in its revenue forecast for the upcoming quarter [1] - The delays in order deliveries are attributed to customer decisions [1]
Macy's Employs Warehouse Robots to Speed Up Deliveries
WSJ· 2025-10-23 13:00
Core Insights - The retailer has launched its largest and most automated warehouse, with an investment of $640 million [1] Group 1 - The new warehouse represents a significant advancement in the company's logistics capabilities, emphasizing automation [1] - This facility is the biggest in the company's portfolio, indicating a strategic move to enhance operational efficiency [1]
Rivian to Layoff More Than 600 Workers Amid EV Pullback
WSJ· 2025-10-23 12:51
Core Insights - The electric vehicle (EV) truck maker is focused on cost reduction strategies in preparation for a new vehicle launch scheduled for 2026 [1] Group 1 - The company is implementing measures to lower expenses ahead of the upcoming vehicle introduction [1]
Prada Logs Higher Sales as Hopes of Luxury Recovery Build
WSJ· 2025-10-23 12:10
Group 1 - The fashion house's revenue increased by 9% compared to the same period last year, after adjusting for currency movements [1] - There is growing optimism for an upturn in demand for luxury goods within the industry [1]
AutoNation Profit Rises as Vehicle Sales Increase
WSJ· 2025-10-23 12:01
Core Insights - AutoNation recorded higher third-quarter profit and sales, indicating strong performance across all major categories, including new vehicles [1] Company Performance - The company experienced growth in profit and sales during the third quarter, reflecting a positive trend in its overall business operations [1] - All major categories, particularly new vehicles, contributed to this growth, showcasing the company's robust market position [1]
American Airlines Lifts Profit Target for 2025
WSJ· 2025-10-23 11:44
Core Insights - American Airlines has narrowed its loss in the third quarter and anticipates ending the year with greater profitability than previously forecasted by Wall Street [1] Financial Performance - The company reported a reduced loss in the third quarter compared to previous periods, indicating improved financial health [1] - Expectations for year-end profitability are higher than Wall Street's forecasts, suggesting a positive outlook for the company's financial performance [1]
Turkey's Central Bank Slows Pace of Interest-Rate Cuts After Inflation Uptick
WSJ· 2025-10-23 11:26
Core Point - The Central Bank of Turkey has reduced its benchmark interest rate from 40.5% to 39.5% [1] Group 1 - The decision reflects the Central Bank's ongoing monetary policy adjustments aimed at stimulating economic growth [1] - The reduction in the benchmark rate indicates a shift in the Central Bank's approach to managing inflation and economic stability [1]
T-Mobile Revenue Rises as Postpaid Phone Subscribers Continue to Grow
WSJ· 2025-10-23 11:17
T-Mobile US logged higher revenue in its latest quarter as it continued to add postpaid wireless phone subscribers at a fast clip. ...