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Investors are closely watching Yahoo Finance Company of the Year Costco as it is set to report its fiscal first-quarter earnings Thursday after the market close. Costco is coming off cooling sales in November as shoppers spend more cautiously amid news of increasing layoffs and stubbornly high inflation. The retail giant’s same-store sales growth cooled vs. October, the company reported on Nov. 30. Costco stock subsequently sold off — it is down more than 7% in December — as investors… Source link

Investors are closely watching Yahoo Finance Company of the Year Costco as it is set to report its fiscal first-quarter earnings Thursday after the market close. Costco is coming off cooling sales in November as shoppers spend more cautiously amid news of increasing layoffs and stubbornly high inflation. The retail giant’s same-store sales growth cooled vs. October, the company reported on Nov. 30. Costco stock subsequently sold off — it is down more than 7% in December — as investors… Source link

Securities & Exchange Commission Chair Gary Gensler suggested Wednesday in an exclusive interview with Yahoo Finance Live failed crypto exchange FTX violated securities laws by using customer assets to trade at its affiliated hedge fund, Alameda Research. “I can’t speak to any one case or any one situation, but our securities laws say that you need to properly segregate customer funds,” Gensler said. “You also shouldn’t be running a broker dealer or a hedge fund, and an exchange. The New York… Source link

Notice of Annual General Meeting of Shareholders of Yandex N.V. We hereby inform you that Yandex N.V. (Yandex, or the “Company“) will hold its Annual General Meeting of Shareholders (“AGM“) on December 22, 2022, beginning at 15.00 Amsterdam time by webcast available at www.meetnow.global/M7JYRXGin accordance with Dutch Temporary Act COVID-19 Justice and Safety (Tijdelijke wet COVID-19 Justitie en Veiligheid) (the “Temporary Act COVID-19“). … Source link

The global economy is likely to grow so slowly in 2023 that it will certainly feel like a recession, one economist says. “The global economy is slowing, and risks are to the downside,” Morgan Stanley Global Chief Economist Seth Carpenter wrote in a new note, adding that “we are on the cusp of a loose definition of recession.” And given the general nature of the slowdown, “the distinction between a recession and not is going to be a little murky,” Carpenter told Yahoo Finance Live… Source link

The global economy is likely to grow so slowly in 2023 that it will certainly feel like a recession, one economist says. “The global economy is slowing, and risks are to the downside,” Morgan Stanley Global Chief Economist Seth Carpenter wrote in a new note, adding that “we are on the cusp of a loose definition of recession.” And given the general nature of the slowdown, “the distinction between a recession and not is going to be a little murky,” Carpenter told Yahoo Finance Live… Source link

Thunder guard Josh Giddey could be set for a big game on Wednesday. We have a full 11-game slate on tap Wednesday night in the Association, and several intriguing matchups should be highly competitive and feature some very fruitful performances from a DFS perspective. As customary, we’ll dive into a pair of candidates to consider deploying in your Yahoo lineups, along with one player at each position that may be worth steering clear of. Guards Josh Giddey, OKC at MEM ($29): Giddey has… Source link

The potential for a huge recall of Honda (HMC) vehicles in the U.S. is on the horizon. Auto safety agency NHTSA (National Highway Traffic Safety Administration) is opening a preliminary investigation into issues affecting 1.72 million Honda CR-V and HR-V SUVS. The probe is looking into allegations of loss of power for some drivers at highway speeds without warning. The power loss failure is attributed to “differential seal leaks resulting in rear differential lock-up,” per NHTSA field reports…. Source link

Google has launched its 2022 ‘Year in Search’ overview, which provides a snapshot of the key interests and trends throughout the year, based on Google Search activity. And it certainly provides a quick dose of recent nostalgia. As per Google: “Wordle was the top trending search globally, as guessing five-letter words every day became a way of life. We also saw pop culture continue to leave its mark as we searched for “how to become a fighter pilot” thanks to “Top Gun:… Source link

By John McCrank NEW YORK, Dec 7 (Reuters) – The U.S. Securities and Exchange Commission will vote on whether to propose some of the biggest changes to the American equity markets in nearly two decades at a Dec. 14 meeting, the agency said on Wednesday. The potential changes include new rules that would require marketable retail stock orders to be sent to auctions before they are executed, a new standard for brokers to show they get the best possible executions for client orders, and lower… Source link