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Business News

Location American Business News for 29 October 2026
Walmart is selling a $110 farmhouse storage cabinet for just $60 The Lunvky Tennis Bracelet has a timeless design, and it comes in 12 colors. It's a Walmart bestseller that's on sale for just $15, thanks to an 86% discount.
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Weil Gotshal Taps AlixPartners to Steer Wind-Down

Wall Street Journal - 29 Oct 2026 02:25
Weil Gotshal Taps AlixPartners to Steer Wind-Down The restructuring advisory firm will help dissolve the New York law firm after a wave of partner departures forced it to announce Wednesday it was shutting down.
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Shopify's booming sales come with a costly catch

The Street - 29 Oct 2026 02:07
Shopify's booming sales come with a costly catch Shopify stock faces high expectations ahead of Q3 2026 earnings. Morgan Stanley sees strong growth potential from AI, Payments, and holiday sales.
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Samsung Posts Fourth Straight Quarter of Record Earnings

Wall Street Journal - 29 Oct 2026 01:44
Samsung Posts Fourth Straight Quarter of Record Earnings The company reported its fourth consecutive quarter of record earnings, though the results missed lofty analyst expectations.
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Asian Currencies Mixed Ahead of U.S. Data

Wall Street Journal - 29 Oct 2026 01:42
Asian currencies were mixed against the greenback. Investor attention now turns to the U.S. PCE inflation data due later Thursday for signs that higher energy costs are feeding into underlying price pressures, MUFG Bank ...
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Macy's is selling a $205 French farmhouse quilt set for $72 The Ienjoy Home 3-Piece French Jacobean Reversible Quilt Set is on sale at Macy's for 65% off, and it has anti-fray stitching.
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Microsoft profits soar days after announcing thousands of layoffs The week, the Windows developer said it would offer buyouts to 60,000 workers as it looks to curb costs.
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Oil Falls as Traders Weigh Middle East Risks

Wall Street Journal - 29 Oct 2026 01:21
Oil fell in early Asian trade after settling higher overnight.
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Bitcoin faces fresh pressure after Feds hawkish rate hold: Analysts Traders are pricing in a 78% chance of a December rate hike, while analysts say Treasury yields, the US dollar and upcoming inflation data could determine Bitcoins next move.
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The Feds AI Puzzle: Will High Rates Slow the Boom?

Wall Street Journal - 29 Oct 2026 01:12
The Feds AI Puzzle: Will High Rates Slow the Boom? Chairman Kevin Warsh said higher rates are reaching the investment surge and growth is broadening beyond it. The positions cut in opposite directions for where to set rates.
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Anthropic's Elvis lawsuit could reach inside Claude itself Anthropic faces a $48.6 million Elvis Presley copyright lawsuit as it prepares for an IPO. Could court-ordered AI model retraining pose a bigger risk?
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See the Trump Administration Stock Portfolio That Spans More Than 40 Companies A $30 billion spending spree is slated to give the government stakes in chip firms, miners and more.
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See the Trump Administration Stock Portfolio That Spans More Than 40 Companies A $30 billion spending spree is slated to give the government stakes in chip firms, miners and more.
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Weil Gotshal Says It Is Shutting Its Doors

Wall Street Journal - 29 Oct 2026 00:59
Weil Gotshal Says It Is Shutting Its Doors The once-storied law firm suffered a series of high-profile defections and failed merger talks that left it with few options.
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The Trump Administration Gets an Early Start on Interfering in the Midterms In Alaska, California, and as-yet-unknown locales, the Trump administration is seeking to undermine the midterm elections. It seems like a
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Sprouts plans nationwide grocery price changes, adds 1,400 products The organic grocer plans holiday price cuts and nationwide affordability as shoppers rethink spending.
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Gold Falls as Traders Mull Fed Decision

Wall Street Journal - 29 Oct 2026 00:38
Gold declined in the early Asian session after the Federal Reserve held rates at its October policy meeting.
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Ripple Roars Toward $900M Milestone as XRP Gains Wall Street Access Ripple is approaching a projected $900 million annualized product revenue run rate as institutional custody and payment channels expand around XRP. Its growth strategy combines payments, trading, treasury management, and...
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Nikkei Rises 0.6%, Led by AI-Related Stocks

Wall Street Journal - 29 Oct 2026 00:23
Japans Nikkei Stock Average was up 0.6% as gains in artificial intelligence-related shares help offset losses in videogame and other electronics stocks.
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Lumentums stock pops as investors cheer a possible sale to Marvell An agreement between the companies could come next week, Bloomberg reported
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Just watch Judge Judy: Im in my 70s. Why do people keep making the same avoidable financial mistakes? Consider some familiar examples of poor decisions: accumulating credit-card debt or failing to plan for retirement.
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The major reason Microsofts stock is heading higher after earnings Microsoft showed investors that its able to grow rapidly while keeping spending in check.
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