Consumers grew more optimistic about the U.S. economy heading into the contentious presidential election even as job openings hit multi-year lows, according to separate reports released Tuesday. The Conference Board's consumer confidence index for October rose more than 11% to a reading of 138, its biggest one-month acceleration since...
British oil giant BP posts weakest quarterly earnings in nearly four years on lower crude prices
British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices and lower refining margins....
McDonald’s is about to report earnings. Here’s what to expect
A McDonald's restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images McDonald's is expected to report its third-quarter earnings before the bell on Tuesday. Here's what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share:...
Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts say
BEIJING — Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts said, as some high-profile listings outside the mainland this year raise investor optimism over profitable exits. Chinese autonomous driving company WeRide listed on the Nasdaq Friday with shares rising nearly 6.8%. Earlier this...