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US home builder sentiment subdued in November amid labor market worries

WASHINGTON (Reuters) -U.S. homebuilder sentiment remained subdued in November as concerns about the labor market and household finances weighed on demand, contributing to a surge in the share of builders slashing prices to reduce new housing inventory. The National Association of Home Builders/Wells Fargo Housing ...
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Billionaire Cari Tuna on why the organization she started will offer free advice to other donors

For San Francisco-based billionaire Cari Tuna, the most important decision a philanthropist can make is deciding what cause to support. Starting Tuesday, the organization she helped found will offer help to other major donors making those choices. Tuna, 40, and her husband, Dustin Moskovitz, ...
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Bitcoin drops below $90,000 for the first time since April

NEW YORK (AP) - Bitcoin briefly fell below $90,000 overnight as investors sell once high-flying assets like cryptocurrencies and artificial intelligence stocks. Bitcoin fell to around $89,500 early Tuesday, its first drop below $90,000 since April. The world's most popular cryptocurrency had jumped near ...
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Russian lawmakers approve tax hike bill to boost economy as the war with Ukraine nears 4 years

Russian lawmakers endorsed new tax hikes on Tuesday as Moscow looks for new revenue sources to boost its economy during its nearly four-year war with Ukraine. Legislators in the lower house of parliament, the State Duma, approved the key second reading of a bill that ...
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Honda recalls 256,600 Accord Hybrids due to software error that may lead to loss of drive power

NEW YORK (AP) - Honda is recalling more than 256,600 of its Accord Hybrid vehicles across the U.S., due to a software error that may result in sudden loss of drive power. According to documents published by the National Highway Traffic Safety Administration, the recall ...
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Outage at Cloudflare disrupts access to some popular websites

(NEW YORK) -- Web infrastructure company Cloudflare said it is experiencing problems across its network on Tuesday, curtailing access to some popular websites."Cloudflare is aware of, and investigating an issue which potentially impacts multiple customers," the company said online at around 7 a.m. ET.Minutes ...
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Roblox steps up age checks and groups younger users into age-based chats

Roblox is stepping up its age verification system for users who want to privately message other players and implementing age-based chats so kids, teens and adults will only be able to message people around their own age. The moves come as the popular gaming platform ...
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Mixed quarter for Home Depot with less storm damage and a more anxious shopper

Home Depot's third-quarter was mixed with fewer violent storms reaching shore, more anxiety among U.S. consumers and a housing market that is in a deep funk. The company lowered its fiscal 2025 adjusted earnings forecast but raised its expectations for sales growth. For the ...
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Target investors brace for market share drop, weak sales due to US shutdown 

By Siddharth Cavale (Reuters) -Target's third‑quarter results on Wednesday are expected to lay bare the retailer's struggles amid mounting economic uncertainty, and as cash-strapped Americans slashed discretionary spending during the prolonged government shutdown. Target has not reported any same‑store sales growth this year, as bigger rival ...
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As data flow revives, Fed still faces a deep policy divide

By Howard Schneider WASHINGTON (Reuters) -A divided U.S. Federal Reserve begins receiving updated economic reports from the now-reopened federal government this week as policymakers hope for clarity in their debate over whether to cut interest rates when they meet in just over three weeks. It remains ...
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Home Depot signals subdued spending with downbeat annual profit, sales forecast

(Reuters) -Home Depot cut its full-year profit forecast after missing Wall Street estimates for quarterly earnings on Tuesday, as tariff-driven economic uncertainty dampened demand for big-ticket renovations and do-it-yourself projects. The world's top home-improvement chain set the ball rolling for a week packed ...
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Morning Bid: Rattled tech stokes volatility

By Mike Dolan - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Persistent tech sector valuation and leverage jitters, a deepening crypto drawdown and trepidation ahead of Nvidia's quarterly results all stoked the ...
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