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Taco Bell and KFC parent Yum Brands’ stock rises despite fourth-quarter earnings miss

Shares of Yum Brands Inc. climbed Wednesday, shrugging off the company’s weaker-than-expected fourth-quarter profit and revenue. After falling in premarket trading, Yum Brands’ stock is up 3%.

U.S. trade deficit fell in 2023 to the lowest level in 3 years and boosted GDP

The U.S. trade deficit rose slightly in December, but the annual gap still fell to the lowest level in three years and added to economy’s strong performance in 2023.

Chinese stocks showing signs of ‘capitulation’ as Wall Street analysts say bottom is in

Chinese stocks may have finally found a bottom after their worst week in nearly a year, according to several Wall Street analysts.

Confidence in U.S. housing market reaches highest level since March 2022

Americans are optimistic that mortgage rates will fall over the next 12 months, a Fannie Mae survey says.

‘I’m dipping into my Roth IRA’: I’ve been unemployed for 5 months. I used to earn $10,000 a month. Do I sell my house?

“I’m a single mom living in Phoenix. My son is a senior and will be going to college next year.”

Roblox earnings bring a big bookings milestone, sending the stock rocketing

Roblox shares tend to swing big after earnings, and Wednesday’s results could bring a continuation of that trend.

New York Community Bank says deposits have grown and liquidity is ‘ample,’ in wake credit rating downgrade

New York Community Bancorp Inc. moved to try to reassure investors Wednesday, by saying total deposits have increased in the last several weeks and that it had “ample” liquidity.

CVS’s stock gains as profit beat offset lowered outlook on higher medical costs

The healthcare-services and drugstore chain beat fourth-quarter profit expectations by a wide margin, but lowered its full-year outlook because of “elevated medical cost trends.”

Athens International Airport shares surge following Greece’s most successful IPO in decades

Shares in the airport were up 14% on their first day of trading following the transport hub’s public float

Oil prices edge higher as traders weigh U.S. supply data

Oil futures edge higher early Wednesday.

U.K. housebuilders agree $3.2 billion merger amid signs of recovery in property market

Britain’s biggest homebuilder Barratt Developments agreed on Wednesday to purchase rival Redrow for £2.52 billion ($3.18 billion) as signs emerged of a recovery in the U.K. housing market.

Don’t count on a soft landing for the U.S. — or the global economy

Developments in China, Europe, and the United States portend big challenges ahead.
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