The big picture: A festive tablescape, a burning fireplace, and plenty of snacks ensure your guests walk into a five-star experience this holiday season, HGTV "Bargain Block" designer Keith Bynum tells Axios.
Investors may increasingly be looking at the Magnificent Seven as individuals rather than as a group.
The big picture: Hype around artificial intelligence — and the future profit explosion it could shower down — has driven the seven tech-focused stocks in the group to dizzying heights.
Yes, but: They've been pouring billions into their efforts to capitalize.
Driving the news: This week's earnings reactions show an increasingly discerning investor.
Zoom in: Shares in Amazon surged 6% today after last night's quarterly results, driven by accelerating revenue growth and — perhaps more importantly — a strong operating margin, Hope reported last night.
Enabled by a softening labor market, employers seem quicker to fire workers these days for seemingly minor infractions.
Why it matters: Little things companies used to let slide — like bending the rules on expense accounts, free food or meal credits — can now land workers on the unemployment line.
Job growth ground to a halt in October, as hurricanes and striking workers held down employment. Yet even excluding those effects, the report brought some warning signs for the job market.
Why it matters: The one-off disruptions make parsing the report tricky. But noise aside, the signal underneath contains more cause for worry than a buoyant September report four weeks ago.
The U.S. economy added just 12,000 jobs in October, the government said Friday in the final report before the presidential election.
Why it matters: Disruptions from hurricanes and labor strikes limited job creation, but the unemployment rateheld at 4.1%, a clue the labor market is still solid.
Since the Fed cut rates on Sept. 18, mortgage rates have actually been climbing.
Why it matters: The increase has depressed the beleaguered housing market, as would-be buyers who'd been gunning for lower rates are backing away and waiting it out.
Estée Lauder's stock plummeted Thursday after the beauty company withdrew its fiscal year outlook and cut its dividend.
The big picture: The retailer is getting roughed up in China, saying "worsened consumer sentiment" there was the primary driver of its 5% quarterly decline in overall organic net sales.
