Wholesale Inventories Drop 0.5% in October
The larger-than-expected decline could put a dent in Q4 GDP growth unless inventories rebound in November and December.
U.S. GDP Growth Revised Upward to 3.3% for Q3
The economy grew at the fastest pace since the third quarter of 2014 and could be headed for a strong finish to the year.
Retail Sales Point to Strong Holiday Season
While sales rose only 0.2% in October, the slowdown from September largely reflected the unwinding of hurricane-related consumer spending.
Hurricanes Add $282M to Home Depot Sales
The retailer's same-store sales rose 7.9% in Q3 as hurricanes sent consumers to its stores in the South for rebuilding supplies.
Royal Caribbean Cruises to Record Q3 Earnings
Even though the recent hurricanes cost it more than $55 million, the cruise operator's net income rose 8.6% to $752.8 million.
Job Growth Gets Back on Track After Hurricanes
The U.S. labor market added 261,000 jobs in October but "The big question is whether continued growth will translate into higher wages or not.”
American Weathers Storms With Revenue Gain
The airline's unit revenue increased 1.1% in the third quarter even though the the recent hurricanes forced the cancellation of 8,000 flights.
Chipotle Sales Rise 8.8% But Stock Dips 9.5%
The Q3 revenue gain "is not bad per se, but ... it is clear that Chipotle has still not made up all of the ground it lost" after a food-safety scandal.
‘Nimble’ Rivals Take Bite out of Unilever Sales
The company's underlying sales rose only 2.6% in Q3 amid competition from upstarts such as Halo Top ice cream.
Hurricanes to Cut $44M From JetBlue Revenue
“The third quarter presented unprecedented weather challenges for JetBlue," impacting both revenue and operating income.
How much do you know about tropical storm systems and their human and financial costs?