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Shopify posted 32% revenue growth to $3.74 billion and an adjusted EPS beat, but misses on GMV and subscriptions sent shares sharply…
Real GDP grew at a 3.4% annualized rate in the third quarter of 2026, lifted by consumer spending and AI-related investment, while September inflation stayed well above the Fed's 2% target.
The Federal Reserve is widely expected to hold its benchmark at 3.75% to 4% today. The pause would not undo September's hike, but it would stop new pressure on borrowing costs ahead of a possible December increase.
The Conference Board said consumer confidence rose 7.5 points to 91.7 in October as gasoline prices eased, but households still plan to spend less on services and durable goods.
Myer is requiring most corporate staff to spend five days a week in the office when it moves to a larger South Melbourne headquarters, putting the retailer at odds with a stalled Victorian work-from-home bill.
Surveys from Jabra and Monday.com show AI adding tasks and review time for managers, while Google, Zoom, and ChatGPT ship tools for small businesses.
