Top News & Analysis New York

  • NEW YORK, Oct 23- Target Corp, aiming to one-up retail rivals during the upcoming U.S. holiday shopping season, said on Tuesday it was adding more delivery and pickup options for online shoppers to have items shipped to their homes or ready for quick pick-up at local stores. The Minneapolis- based retailer will offer free two-day shipping on hundreds of thousands...

  • NEW YORK, Oct 23- Tesla Inc shares jumped more than 12 percent on Tuesday after long-time critic and short-seller Citron Research said it had a change of heart and is now betting the electric automaker's stock will rise. Chief Executive Elon Musk has promised a Model 3 ramp-up will help make Tesla profitable in the quarter, and has said the automaker should not...

  • NEW YORK/ BATON ROUGE, La., Oct 23- A three-week stock market sell-off may signal concerns that the massive stimulus from U.S. tax cuts and government spending will fade sooner than expected, a central issue for the Federal Reserve as it considers when to halt interest rate hikes. Yet the sell-off, propelled by worries over rising tariffs and earnings of U.S....

  • NEW YORK, Oct 23- U.S. stocks fell on Tuesday after worries about the earnings outlook added to recent selling pressure, though major indexes ended well off the day's lows as investors snapped up beaten-down shares late in the session. Along with worries over profit growth, concerns over the upcoming U.S. mid-term elections and Italy's budget have also sent...

  • *Rising U.S. oil output to offset Iran: https://tmsnrt.rs/2ECCJ4T. NEW YORK, Oct 23- Oil prices plunged about 5 percent on Tuesday to two-month lows as a sell-off in global equity markets raised worries about demand growth and after Saudi Arabia said it could supply more crude quickly if needed, easing concerns ahead of U.S. sanctions on Iran.

  • NEW YORK, Oct 23- Target Corp, aiming to one-up retail rivals during the upcoming U.S. holiday shopping season, said on Tuesday it was adding more delivery and pickup options for online shoppers to have items shipped to their homes or ready for quick pick-up at a local store. The Minneapolis- based retailer will offer free two-day shipping on hundreds of thousands...

  • *U.S. stocks close above lows after following Europe, Asia down. NEW YORK, Oct 23- Wall Street indexes fell in Tuesday's volatile session though they had pared losses sharply by the closing bell as investors looked for bargains, but oil dropped sharply on demand worries. Oil prices plunged about 5 percent to two-month lows as the equities sell-off raised worries...

  • DUBAI/ TOYKO, Oct 23- SoftBank Group Corp Chief Executive Masayoshi Son, whose $93 billion Vision Fund drew nearly half its money from Saudi Arabia, canceled a speaking engagement at the kingdom's investment conference this week, two people familiar with the matter told Reuters. Son is in Riyadh this week to meet with high-ranking Saudi officials, including...

  • *Caterpillar, 3 M forecasts slam industrial stocks. NEW YORK, Oct 23- U.S. stocks cut their losses late on Tuesday and the Nasdaq briefly turned higher as investors bought back beaten-down shares, though worries about company earnings outlooks kept a lid on the market. "There was a lot of early morning fear, and when the market didn't accelerate further to the...

  • *U.S. stocks follow Europe and Asia lower. NEW YORK, Oct 23- Wall Street indexes were down on Tuesday though they pulled back from the day's lows after investors fled to safety on worries about a global slowdown in growth while oil tumbled and pressure mounted on Saudi Arabia over the death of journalist Jamal Khashoggi. Oil prices fell as much as 5 percent after...

  • The Bedford, N.Y. Police Department and the FBI are investigating who put an explosive device in George Soros' mailbox. The device did not explode and was detonated by technicians.

  • *Benchmark yields lowest since Oct. 3. NEW YORK, Oct 23- Benchmark U.S. Markets are getting a little bit nervous about China in general and thats weighing on equities said Gennadiy Goldberg, an interest rate strategist at TD Securities in New York.

  • NEW YORK, Oct 23- Federal agents on Tuesday were investigating an explosive device that was found in a mailbox outside a New York home owned by billionaire financier George Soros. He has become a hated figure among some right-wing activists in the United States and Eastern Europe, and the target of a hostile media campaign by the nationalist government in his...

  • NEW YORK, Oct 23- Tesla Inc shares jumped more than 9 percent on Tuesday after long-time critic and short-seller Citron Research said it had a change of heart and is now betting the electric automaker's stock will rise. Chief Executive Elon Musk has promised a Model 3 ramp-up will help make Tesla profitable in the quarter, and has said the automaker should not have...

  • NEW YORK, Oct 23- Federal agents on Tuesday were investigating an explosive device that was found in a mailbox outside a New York home owned by billionaire financier George Soros. Soros, one of the world's biggest donors to liberal groups and causes, has become a hated figure among right-wing campaigners in the United States and Eastern Europe, and the target of a...

  • *Caterpillar, 3 M forecasts slam industrial stocks. *All 11 S&P sectors lower, led by energy companies. Oct 23- Wall Street sank on Tuesday, continuing a punishing month for U.S. stocks, as dismal outlook from industrial bellwethers Caterpillar and 3 M sparked concerns over corporate growth and added to worries ranging from China's slowdown to Saudi Arabia's...

  • *South Korea imported no oil from Iran in Sept. *Rising U.S. oil output to offset Iran: https://tmsnrt.rs/2ECCJ4T. NEW YORK, Oct 23- Oil prices plunged about 5 percent on Tuesday to two-month lows as a selloff in U.S. equity markets raised worries about demand growth and after Saudi Arabia said it could supply more crude quickly if needed, easing concerns ahead of U.S....

  • NEW YORK, Oct 23- A record-setting $1.6 billion prize in the Mega Millions lottery has Americans dreaming of buying homes, cars, helping financially strapped friends and family and early retirement, but experts caution that with their newfound riches will come many headaches. Anyone who hits all six numbers to win the jackpot can choose an immediate cash...

  • *South Korea imported no oil from Iran in Sept. *Rising U.S. oil output to offset Iran: https://tmsnrt.rs/2ECCJ4T. NEW YORK, Oct 23- Oil prices fell nearly 3 percent to more than one-month lows on Tuesday after Saudi Arabia said it could supply more crude quickly if needed, easing concerns ahead of U.S. sanctions on Iran and as U.S. equity markets sold off.

  • NEW YORK, Oct 23- Wall Street stocks tumbled more than 2 percent on Tuesday as disappointing forecasts from industrial bellwethers Caterpillar and 3 M piled on to concerns over Saudi Arabia's diplomatic isolation, Italy's finances and trade-war fears. All the three major Wall Street indexes were trading below their 200- day moving averages, a key technical...