Kamala Harris and Donald Trump both are aiming to be the candidate of manufacturing, but this week, they offered radically different pictures of the state of that industry while promising to help in nearly opposite ways. Here are the top takeaways for Vice President Kamala Harris's economic agenda. More: https://lnkd.in/eayg6g96 #yahoofinance #finance #politics #election #money #economy
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Another big media merger could be on the horizon. Satellite TV providers DirecTV and Dish Network are reportedly in advanced merger talks, according to the Wall Street Journal. The deal, if finalized, would create one of the nation's largest pay-TV providers. https://yhoo.it/4gKCgf4
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With lower borrowing costs expected to stimulate demand, which could outstrip supply, an outright decline in house prices is unlikely. Previously owned houses remain in short supply in many regions even though national inventory has been increasing. https://yhoo.it/3N1hQR1
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In the company's Q4 earnings, Costco Wholesale posted a slight revenue miss. Expectations were at $79.96 billion, but the big box retailer came in just slightly south of that figure at $79.7 billion. There was a lot of optimism heading into this report with 26 Buy ratings on the Street, 18 Holds, and one Sell. Prior to the release, UBS analyst Michael Lasser wrote that the company is "clearly gaining market share" with consistent traffic growth and a "faster recovery in general merchandise" sales than its competition. In August, Costco's foot traffic jumped 10.5%, per data analytics firm Placer.ai. The superstores and wholesale club sector saw a 4.9% increase in foot traffic. More: https://lnkd.in/grP54veG #yahoofinance #finance #business #retail #consumer #markets #wallstreet #money
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Visa, one of the world's largest payment networks, processes more than 60% of debit transactions in the U.S., bringing it $7 billion each year in fees collected when transactions are routed over its network. https://yhoo.it/3zMxrAZ
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TikTok will shut down its music streaming service beginning Nov. 28, just two years after parent company ByteDance aimed to compete with the likes of Spotify and Apple Music. https://yhoo.it/4ekrzhy
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The future of food sustainability and agriculture is top of mind for Whole Foods Market Foods CEO Jason Buechel, especially as climate change makes food scarcer and less nutritious. Buechel recently detailed one big thing most people don't realize about the state of farming in the United States. More: https://lnkd.in/gYFQHjpN #yahoofinance #finance #food #farming #agriculture #markets #stocks #money
Whole Foods CEO details what 'most folks don't realize' about farming in America
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Roughly 45,000 workers represented by the International Longshoremen's Union at ports across the East and Gulf coasts are set to strike next week. How would a prolonged strike affect US supply chains? https://yhoo.it/3XJzca1
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Whole Foods Market Foods CEO Jason Buechel has faced significant challenges since succeeding iconic founder John Mackey in 2022. Buechel has led the organic grocer through intensified competition and unprecedented inflation, which has affected shopping habits even among his higher-end customers. Additionally, the company operates as a retailer within tech giant Amazon — which has recently undergone a period of financial belt-tightening. Whole Foods and Buechel are striving to thrive by accelerating new store openings and cutting prices, while maintaining the unique culture established by Mackey. What lies ahead for Whole Foods? More: https://lnkd.in/gYFQHjpN #yahoofinance #finance #consumer #foodandbeverage #money #personalfinance #business #leadership
Whole Foods CEO on cutting grocery prices: 'We’re dialed in'
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In some parts of the world, electricity generation is already insufficient to support the building of new data centers. That’s an increasing problem as the world’s largest companies pour hundreds of billions of dollars into new infrastructure that they believe is the future of computing. https://yhoo.it/4eEJCPk
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