Labor Department Fills in Some Missing Jobless-Claims Data

T.J. Maxx's parent company has raised its profit and sales outlook, continuing to attract inflation-weary consumers with its value offerings. The discount retailer's strategy appears effective in a challenging economic environment, as it capitalizes on shoppers seeking affordable options amidst rising prices.

McKinsey & Company has elected 224 individuals to its partnership ranks, marking one of the smallest classes in recent years. This includes several members from its rapidly expanding AI unit, reflecting the firm's strategic focus on artificial intelligence.

HSBC has indicated that the dollar may reach a bottom in the first quarter of 2026 or earlier, as the euro declines against the dollar. This forecast comes amid speculation that the Federal Reserve is unlikely to implement rate cuts in 2026.

Lowe's reported an increase in third-quarter sales, driven by growth in its professional builder business, which helped to mitigate weaknesses in the home improvement market. The company's performance reflects a strategic focus on serving professional customers amid broader market challenges.

Target has announced plans to invest billions in upgrading its stores as it faces a continued slump in sales, reporting a 1.5% decline in net sales for the third quarter. The retailer has also lowered its profit expectations for the full year, reflecting ongoing challenges in the retail sector.

The platinum market is expected to recover with a small supply surplus projected for 2026. Supply is anticipated to grow by 4% due to increased mining output and recycling efforts, while demand is expected to decline by 6%.

Paramount is positioned as the most likely candidate to successfully acquire Warner, driven by its strong motivation and resources. The competitive landscape includes other potential bidders, but Paramount's strategic advantages make it the frontrunner in this acquisition race.

Paramount is positioned as the leading candidate to acquire Warner, driven by its strong motivation and resources. The competitive landscape includes other potential bidders, but Paramount's strategic advantages make it the frontrunner in this acquisition race.