Updated Nov. 28, 2023 9:19 am ET Home prices hit a new record in September due to a shortage of homes for sale, even as high interest rates made home purchases less affordable. The S&P CoreLogic Case-Shiller National Home Price…
Rolls-Royce Holdings said that it expects to deliver between 400 million and 500 million pounds ($505.1 million-$631.4 million) in cost savings in the mid-term, paving the way to restore capital returns, as it set out its financial targets ahead of…
Updated Nov. 28, 2023 12:53 am ET India has had a very good year. The country’s economy is booming, its stock market is near an all-time high and its population is on track to overtake China’s to become the largest…
Microsoft played a weak hand rather well in the drama that engulfed OpenAI last week. But the tech giant now has a complicated task ahead: It needs to solidify its relationship with the high-profile startup while also showing it can…
SYDNEY—Australian retail sales were weaker than expected in October, reversing a solid rise in September. Retail turnover fell 0.2% over the month, according to the Australian Bureau of Statistics. Economists had expected a 0.2% rise in sales. Copyright ©2023 Dow…
Updated Nov. 27, 2023 11:55 am ET WEST HARTFORD, Conn.—The new owners of Buybuy Baby recently reopened 11 stores, betting that many expectant parents still prefer to shop for strollers, cribs and car seats in person. Those stores had been…
How low can they go? U.S. shale developers have been on a relentless chase to drill for oil as cheaply as possible. With plenty of cash in their pockets and a hunch that they might soon exhaust their best inventory…
SINGAPORE—TikTok’s Chinese parent ByteDance has bet billions on videogames since 2019, setting up its own creative unit and acquiring buzzy game makers. Now it is winding down those efforts, its latest pullback from experimental forays into education, property brokering and…