Consumer Discretionary News
Consumer discretionary might be a sector full of ‘non-essential’ goods and services, but our latest news in this area is a definite must have!
List of Consumer Discretionary News
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Report: Peloton pauses production on bikes, treadmills
NEW YORK (AP) — Peloton's shares tumbled on Thursday after a media report said the exercise and treadmill company was temporarily halting...
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EXPLAINER: Why fear of 5G halting flights has faded
The rollout of new 5G wireless service in the U.S. failed to have the much-dreaded result of crippling air travel, although it began in rocky...
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CSX railroad's Q4 profit jumps 23% even though volume slips
OMAHA, Neb. (AP) — CSX railroad's fourth-quarter profit jumped 23% even though volume slipped amid the ongoing supply chain challenges.
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California's COVID gun store shutdowns ruled illegal
SACRAMENTO, Calif. (AP) — Two California counties violated the Constitution's right to keep and bear arms when they shut down gun and ammunition...
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Netflix stock plunges as subscriber growth worries deepen
SAN RAMON, Calif. (AP) — Netflix delivered its latest quarter of disappointing subscriber growth during the final three months of last year, a...
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Israel's attorney general orders probe of NSO spyware claims
JERUSALEM (AP) — Israel’s attorney general said Thursday he was launching an investigation into Israeli police’s use of phone surveillance...
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New vehicles to be rated on how they make drivers stay alert
DETROIT (AP) — Two organizations that influence many Americans’ automobile buying decisions will begin rating vehicles on how well they track...
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NYC's mayor invests first paycheck in cryptocurrency
NEW YORK (AP) — New York City's new mayor, Eric Adams, plans to convert his first paycheck this week into two cryptocurrencies, which he has been...
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Judge: Georgia county can move ahead on land for spaceport
WOODBINE, Ga. (AP) — A judge has denied a request to stop a county from buying land for a planned spaceport near the Georgia coast, dealing the...
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Fed study on digital currency leans toward role for banks
WASHINGTON (AP) — The Federal Reserve on Thursday released a highly anticipated that suggested it is leaning toward having banks and other...
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Serbia scraps planned Rio Tinto lithium mine after protests
BELGRADE, Serbia (AP) — Trying to defuse large protests by environmentalists, Serbia’s populist government said Thursday that it was canceling all...
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Washington justices uphold $18M fine in GMO-labeling case
SEATTLE (AP) — The Washington Supreme Court has narrowly upheld an $18 million fine levied against an association of large food brands that...
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Long-term mortgage rates continue rise; 30-year breaks 3.5%
WASHINGTON (AP) — Average long-term U.S. mortgage rates continued to rise this week. The rate on the benchmark 30-year loan breached 3.5%.
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Analysis: Biden finds inflation overshadows strong economy
President Joe Biden is paying a steep price for high inflation — a problem that festered during his first year in office instead of fading away as...
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US sanctions Ukrainian officials accused of helping Russia
WASHINGTON (AP) — The U.S. Treasury Department levied new sanctions Thursday against four Ukrainian officials, including two current members of...
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US says nuclear talks with Iran at 'decisive moment'
BERLIN (AP) — U.S. Secretary of State Antony Blinken said Thursday that talks with Iran over its nuclear program are at a “decisive moment,” and...
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