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As the fast-food giant McDonald’s prepares to unveil its third-quarter earnings report on Tuesday, analysts are keenly watching the company’s performance. Forecasts from Wall Street, as gathered by LSEG, project an earnings per share (EPS) of $3.20, alongside anticipated revenue of $6.82 billion. This earnings report is particularly crucial considering the recent challenges McDonald’s has
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In the fast-paced world of finance, having timely insights about stock performance can significantly impact investment strategies. The daily newsletter “Stocks @ Night” aims to provide investors with a critical after-hours overview of the market movements. Its objective is clear: to give a comprehensive look at closing trends while also looking forward to what the
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The latest insights into mortgage demand reveal a concerning trend, as applications have experienced a notable decline. Last week, the Mortgage Bankers Association reported a 6.7% drop in total mortgage application volume compared to the previous week, marking the lowest point since July. Interestingly, this decline occurred despite mortgage interest rates maintaining stability. The average
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The ongoing strike by Boeing machinists has sent shockwaves throughout the aerospace industry, particularly affecting suppliers like Spirit AeroSystems. As the strike nears its sixth week, tensions are high, and production of crucial aircraft, including the Boeing 737 Max, has come to a near standstill. With a recent union vote overwhelmingly rejecting a proposed labor
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In a transformative move aimed at enhancing consumer rights, the Consumer Financial Protection Bureau (CFPB) has instated groundbreaking regulations regarding personal financial data. Set to be discussed by Rohit Chopra, the CFPB director, during DC Fintech Week in Washington, D.C., this new mandate is designed to empower individuals in managing their financial information. By allowing
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