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Top News & Analysis New York

  • CHICAGO/ NEW YORK, Nov 24- Turnout at U.S. retailers was relatively subdued on Black Friday, with many shoppers flocking to stores to eye items in person and enjoy the festive atmosphere while waiting to do their actual bargain hunting online. The day after Thanksgiving is traditionally when retailers offer "doorbuster" deals attracting bargain hunters.

  • CHICAGO/ NEW YORK, Nov 24- Turnout at U.S. retailers was relatively subdued on Black Friday, with many shoppers flocking to stores eye items in person and enjoy the festive atmosphere while waiting to do their actual bargain hunting online. The day after Thanksgiving is traditionally when retailers offer "doorbuster" deals attracting bargain hunters.

  • NEW YORK, Nov 24- With the U.S. stock market at a record high and daily stock gyrations near multi-decade lows, some investors have raised concerns about the lack of fear in the market, but U.S. equity options market data suggests investors are far from complacent. "We didn't see it on our desk and no one seems to care much about hedging but somehow it's happening," said...

  • Slot machine and table game revenue from casinos in the Finger Lakes, the Southern Tier and Schenectady have fallen short of the rosy revenue projections operators produced when applying for licenses. For instance, Rivers Casino& Resort in Schenectady had gambling revenues of $105 million after nine months, putting it on track to finish short of its minimum...

  • *Bond market to close early after Thanksgiving holiday. NEW YORK, Nov 24- U.S. There was a little bit more concern within the committee with the state of inflation and its potential to return to normal levels, said Ian Lyngen, head of U.S. rates strategy at BMO Capital Markets in New York.

  • CHICAGO/ GARDEN CITY, N.Y., Nov 24- Violence in Missouri and Alabama marred an otherwise subdued start to the U.S. holiday shopping season as bargain hunters flocked to malls for Black Friday deals. Riverchase Galleria mall in Alabama shut its doors 40 minutes early on Thursday when fights broke out in the mall, local news outlet al.com reported.

  • CHICAGO/ GARDEN CITY, N.Y., Nov 24- Early-morning crowds were light on Black Friday, the start of the U.S. holiday shopping season, as more people picked up deals online and the traditional rush was split by stores opening the night before. Thanksgiving holiday and Christmas can make or a break a retailer, accounting for as much as 40 percent of total revenue for the...

  • CHICAGO/ GARDEN CITY, N.Y., Nov 24- Relatively few early-morning shoppers turned out on Black Friday to mark the start of the U.S. holiday shopping season, as more people picked up deals online and the traditional rush was split by stores opening the night before. Thanksgiving holiday and Christmas can make or a break a retailer, accounting for as much as 40 percent of...

  • Macy's says it has "fully resolved" problems on Black Friday related to its processing some gift and credit cards. Earlier on Friday, Macy's CEO Jeff Gennette told The Associated Press said he was pleased with the kickoff to the season. Macy's says it's having problems processing some gift and credit cards on Black Friday, one of the busiest shopping days of the...

  • ZURICH, Nov 24- Clariant on Friday rejected its largest shareholder White Tale's demand for an independent strategic review and three board seats, setting up a showdown with the activist investor which blocked its $20 billion merger with Huntsman. Clariant instead offered just one potential seat on the Swiss speciality chemicals maker's board to White Tale,...

  • Macy's and some of its retail counterparts rose after the department store's CEO said Black Friday sales were going well. Oil prices and energy companies rose after Bloomberg reported that a group of key oil producers plans to extend production cuts until the end of 2018.. "If you take the cumulative effect of online and foot traffic going into the stores, it's...

  • NEW YORK— Retailers worked hard to attract shoppers to stores on Black Friday, offering in-person deals meant to counter the ease of shopping by phone on Amazon. A better economy and colder weather helped, to be sure. Victor Moore said he arrived about two hours ahead of Best Buy's 8 a.m. opening in Nashville and scored one of the about 14 "doorbuster" deals on a 55- inch...

  • FRANKFURT- ECB Bank Supervisory Chief Daniele Nouy speaks at 18. WINONA, Minneapolis- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in a moderated question-and-answer session before an event hosted by Winona State University- 2330 GMT. **NEW YORK- Federal Reserve Bank of New York President William Dudley participates in a...

  • FRANKFURT- ECB Bank Supervisory Chief Daniele Nouy speaks at 18. WINONA, Minneapolis- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in a moderated question-and-answer session before an event hosted by Winona State University- 2330 GMT. **NEW YORK- Federal Reserve Bank of New York President William Dudley participates in a...

  • *Markets in United States, Japan closed on Thursday. LONDON/ CALGARY, Alberta, Nov 23- Gold prices steadied on Thursday to trade nearly flat after rising nearly 1 percent in the previous session as the dollar extended its swoon amid reduced expectations for U.S. interest rate hikes next year. "Gold is obviously still in need of a spark, but we still see a chance of it...

  • NEW YORK, Nov 23- A U.S. judge ruled that Uber can force an unhappy Connecticut customer's price-fixing case against the ride-service company into arbitration, after the customer said the proposed class action belonged in court because he never agreed to arbitrate. District Judge Jed Rakoff in Manhattan also dismissed claims by the customer, Spencer Meyer,...

  • NEW YORK, Nov 23- A U.S. judge ruled that Uber can force an unhappy Connecticut customer's price-fixing case against the ride-service company into arbitration, after the customer said the proposed class action belonged in court because he never agreed to arbitrate. In an order dated Wednesday, U.S. District Judge Jed Rakoff in Manhattan also dismissed claims by...

  • *Markets in Japan, U.S. closed on Thursday. LONDON, Nov 23- Gold steadied on Thursday after rising nearly 1 percent in the previous session as the dollar sank on reduced expectations for U.S. interest rate hikes next year. Spot gold was 0.1 percent lower at $1,290.82 per.

  • *Markets in Japan, U.S. closed on Thursday. LONDON, Nov 23- Gold steadied on Thursday, having risen nearly 1 percent in the previous session, as the dollar sank after minutes from the U.S. "Gold is obviously still in need of a spark but we still see a chance of it reaching our year end target of $1,325," said Ole Hansen, head of commodity strategy at Saxo Bank.

  • DETROIT— Uber has managed to hold the title of world's largest ride-hailing service despite its seemingly endless string of scandals. Michael Pachter, a technology analyst based in Los Angeles, said he uses Uber five to 10 times a month. But for Vermont resident Jay Furr, the breach was the "final straw."