Walmart’s stock turned sharply higher, as earnings beat expectations and the full-year outlook was raised amid strength in spending across all income cohorts.

Walmart expects upper- and middle-income shoppers to keep spending this holiday season, CFO John David Rainey said.

Sales of previously occupied U.S. homes increased last month to the fastest pace since February as lower mortgage rates helped pull more homebuyers into the market.

The annual forecast by economists continues trend of optimism, despite concerns by many about high prices on food, clothing and other items.

Falling mortgage rates spurred more activity in the beleaguered housing market, with sales moving higher for the second consecutive month.

Existing home sales rose 1.2% in October to their highest level in eight months. According to the National Association of Realtors (NAR), existing home sales were at a seasonally adjusted annual rate of 4.10 million units, exceeding the expected 4.08 million. Existing home sales are up 1.7% compared to one year ago.

This is the most important thing for the LAFD really ever,” said Doug Coates, acting president of the city firefighter union.

Many sales teams miss their goals not because they lack effort or skill, but because their forecasting model is built on insufficient math from the beginning.

Ubisoft Entertainment SA said it’s in breach of a loan agreement after auditors told the video-game publisher to delay recognizing revenue from a recently signed partnership and forced the company to restate its 2025 fiscal accounts.

BJ’s Wholesale Club logged higher revenue in its fiscal third quarter, though profit slipped as expenses increased.