Federal Reserve Bank of Chicago President Austan Goolsbee and Federal Reserve Bank of Kansas City President Jeff Schmid explained their reasons for dissenting against the US central bank's decision to cut interest rates this week in separate statements released on Friday. Michael McKee reports on Bloomberg Television.
Federal Reserve Bank of Philadelphia President Anna Paulson expects inflation to cool next year but warned there is a risk of a further downturn in the labor market. Paulson said Friday in Delaware, "On net, I am still a little more concerned about labor market weakness than about upside risks to inflation."
Zedge (NYSE:ZDGE) announced its financial results for the first quarter of fiscal 2026, ended October 31, 2025.
The company reported revenue of $7.6 million, reflecting a 5.8% year-over-year increase.
Caleres (NYSE:CAL), a market-leading portfolio of consumer-driven footwear brands, today announced that its Board of Directors has declared its regular quarterly cash dividend.
Katapult (NASDAQ:KPLT) has announced a definitive all-stock agreement to merge with Aaron’s and CCF Holdings, forming a leading omni-channel financial solutions and retail platform aimed at serving non-prime consumers.
SoftBank Group Corp. is looking at potential acquisitions including data center operator Switch Inc., as billionaire founder Masayoshi Son seeks to ride an AI-fueled boom in digital infrastructure. Matt Bloxham on Bloomberg Intelligence has more.
Broadcom Inc. slumped after its sales outlook for the AI market failed to meet investors' expectations and unsettling commentary from Chief Executive Officer Hock Tan on a conference call with analysts. Matt Bloxham on Bloomberg Intelligence has more.
Christian Mueller-Glissmann, asset allocation research head at Goldman Sachs, discusses the outlook for the economy and inflation in 2026. He speaks on Bloomberg Television.
OpenAI has launched GPT-5.2, calling it its most capable model yet just weeks after Google accelerated the race with Gemini 3.
The Lovesac Company (NASDAQ:LOVE) reported its financial results for the third quarter of fiscal year 2026, ending November 2, 2025.
Net sales for the quarter totaled $150.2 million, reflecting a modest 0.2% year-over-year increase.
Live Ventures (NASDAQ:LIVE) today reported its financial results for the fiscal year ended September 30, 2025, showing a significant turnaround in profitability despite a modest dip in revenue.
The company posted total revenue of $444.9 million, a 5.9% decrease year-over-year, largely attributed to continued weakness in its housing-related segments.
Rail freight stakeholders can mark their calendars as Union Pacific (NYSE:UNP) and Norfolk Southern (NYSE:NSC) have set December 19 as the date to file their formal merger application with federal regulators.
This date for the filing, which covers the creation of the first freight-only transcontinental railroad, was revealed in a document advising of a delayed submission to the Surface Transportation Board (STB) on December 5.
