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    • Breaking News
    Nov 30, 2022
    • Costco Wholesale said November sales increased 5.7% to $19.1 billion but e-commerce sales dropped 10.1% from a year ago.
      • Five Below said revenue in Q3 increased 6.2% to $645 million but net income plunged to $16.2 million from $24.2 million or 29 cents from 43 cents a year ago.
        • Victoria's Secret said Q3 sales fell 8.5% to $1.32 billion and earnings plunged to $24.4 million from $75.2 million or 29 cents from 81 cents a year ago.
          • Salesforce said co-CEO Bret Taylor has decided to step down from the company.
            • Salesforce said Q3 revenue increased 14% to $7.8 billion and earnings declined to $210 million from $468 million or 21 cents from 48 cents a year ago.
              • Nov 29, 2022
              • HSBC agreed to sell its Canada business for $10 billion to Royal Bank of Canada.
                • The consumer price index in Germany eased to 10.0% in November from the record 10.4% in October, significantly higher than 2.0% target rate set by the ECB.
                  • Home price increases slowed for the third month in a row in September but prices are still rising in Miami, Tampa and Charlotte in double digits.
                    • Nov 28, 2022
                    • Global markets fall on worries that China's crackdown on protests against zero-Covid policies may prolong supply chain disruptions.
                      • China protests spread to more cities over the weekend as the country battles Covid-infections with stringent measures and 400 million people are locked down.