Sales of existing homes dipped in August, after high prices kept sales in check

Ticketmaster U.K. has agreed to implement changes following public outrage over its handling of Oasis ticket sales. This decision is significant as it reflects the company's responsiveness to customer concerns and aims to improve the ticket purchasing experience for fans. By addressing these issues, Ticketmaster hopes to restore trust and ensure that fans have fair access to tickets for their favorite artists.

Starbucks is facing significant challenges as it announces the layoff of around 900 employees and the closure of approximately 100 stores across North America. This restructuring comes after six consecutive quarters of declining sales and increasing pressure from unions regarding working conditions. The $1 billion plan aims to revitalize the coffee giant, but it highlights the struggles the company is currently experiencing in a competitive market. This move is crucial as it reflects broader trends in the retail and food service industries, where many companies are reevaluating their operations to adapt to changing consumer behaviors.

In August, existing home sales in the US experienced a decline, signaling potential challenges in the housing market. This dip is significant as it reflects broader economic trends and could impact home prices and availability, making it a crucial point for buyers and sellers alike.

In a surprising turn of events, US core capital goods orders saw an unexpected rise in August, indicating a potential boost in business investment. This uptick is significant as it suggests that companies are feeling more confident about the economy and are willing to spend on equipment and machinery. Such investments are crucial for economic growth, and this positive trend could lead to increased production and job creation in the coming months.

In August, the US goods trade deficit saw a significant contraction, indicating a positive shift in the economy. This reduction suggests that American exports are gaining strength while imports are stabilizing, which could lead to a healthier trade balance and bolster economic growth. Such trends are crucial as they reflect the country's ability to compete globally and can influence job creation and investment.

Trigano's stock has surged following a positive outlook that has reassured investors despite a decline in full-year sales. This promising forecast highlights the company's resilience and potential for recovery, which is crucial for maintaining investor confidence and market stability. As Trigano navigates through challenges, its ability to adapt and project future growth is a significant indicator of its long-term viability.

H&M has reported a significant increase in profits, signaling that its recent brand-boosting strategy is beginning to yield positive results. This turnaround is crucial for the company as it navigates a competitive retail landscape, showcasing its ability to adapt and attract customers. The success of this strategy not only enhances H&M's market position but also reflects broader trends in consumer behavior, making it an important development for stakeholders and industry watchers alike.

TSMC has announced changes in its shareholding and received approvals for capital spending in August. This is significant as it reflects the company's ongoing adjustments in its financial strategies and investments, which could impact its future growth and operational capabilities.

In August, South Africa experienced a rise in producer inflation to 2.1%, reflecting ongoing economic trends. This increase is significant as it indicates changes in production costs that could impact consumer prices and overall economic stability. Understanding these shifts is crucial for businesses and policymakers as they navigate the economic landscape.

In August, South Africa's producer inflation increased to 2.1% year-on-year, reflecting ongoing economic pressures. This rise is significant as it indicates potential cost increases for businesses, which could eventually impact consumer prices. Understanding these trends is crucial for both policymakers and consumers as they navigate the economic landscape.

The Co-op has reported a staggering £206 million loss in sales due to a cyber-attack that compromised its IT networks in April. This incident not only caused payment issues but also led to significant shortages of goods in their stores. The impact of such a breach highlights the vulnerabilities retailers face in today's digital landscape and raises concerns about consumer trust and operational stability.

DFS Furniture has reported a significant surge in profits, driven by impressive gains in market share. This growth is noteworthy as it reflects the company's successful strategies in a competitive market, showcasing its ability to attract more customers and increase sales. Such performance not only boosts the company's financial health but also signals a positive trend in the furniture industry, making it an important development for investors and consumers alike.

In a significant legal development, Google and Flo Health have agreed to pay $56 million to settle a lawsuit concerning privacy violations related to their period-tracking app. This case highlights the ongoing concerns about data privacy and the handling of sensitive health information by tech companies. The settlement not only compensates affected users but also serves as a reminder for all app developers to prioritize user privacy and transparency in their data practices.

Meta is facing charges from the European Union for allegedly failing to adequately monitor and remove illegal posts on its platform. This situation highlights the ongoing challenges social media companies face in balancing user freedom with regulatory compliance. The outcome of this case could set significant precedents for how tech giants operate in Europe and may lead to stricter regulations in the future.

Former Federal Reserve leaders from various political backgrounds are urging the Supreme Court to reject Donald Trump's attempt to remove Fed official Cook. They argue that this move could threaten the independence of the central bank, which is crucial for maintaining economic stability. This situation highlights the ongoing tensions between political influence and the autonomy of financial institutions, raising concerns about the future of monetary policy.

In a recent announcement, Trump stated that the U.S. government will provide aid to farmers until the benefits of tariffs take effect. This move is significant as it aims to support farmers facing challenges due to trade policies, ensuring they remain financially stable during a transitional period. By offering this assistance, the administration hopes to alleviate some of the economic pressures on the agricultural sector, which is vital for the country's economy.

Schlage has announced the expansion of its commercial portfolio with the introduction of new performance series locks. This move is significant as it enhances security options for businesses, providing them with advanced locking solutions that meet modern demands. The new locks are designed to offer improved durability and reliability, making them a valuable addition for companies looking to upgrade their security measures.

The US economy has shown a robust performance as the second-quarter GDP growth rate has been revised up to 3.8%, reflecting stronger consumer spending than initially reported. This revision is significant as it indicates a more resilient economic landscape, suggesting that consumers are confident and willing to spend, which is crucial for sustained economic growth.