Connect with us
[ad_1] “ ‘The numbers justified it, regrettably.’” — Steve Schwarzman, CEO, Blackstone Blackstone chief executive officer Steve Schwarzman said Fitch Ratings’ recent downgrade to long-term U.S....
[ad_1] The second-quarter earnings season so far is showing that one trend that featured in the first quarter has not gone away. “Greedflation,” or the practice...
[ad_1] The July jobs report on Friday showed the U.S. economy gained 187,000 jobs last month, with the unemployment rate dipping to 3.5% from 3.6%. Economists...
[ad_1] The numbers: The U.S. added a more modest 187,000 new jobs in July, perhaps a sign the economy is cooling enough to drive inflation lower...
[ad_1] Icahn Enterprises L.P.’s stock tumbled 30% on Friday, after the company said it’s cutting its quarterly distribution to $1 from $2 previously. The company IEP,...
[ad_1] ““We tend to announce things as they come to market, and that’s our M.O.”” — Apple CEO Tim Cook If Apple Inc.’s Thursday earnings call...
[ad_1] Tupperware Brands Corp.’s stock climbed more than 90% in extended trading Thursday after the beleaguered maker of iconic food containers announced a debt restructuring agreement....
[ad_1] Apple Inc. saw revenue fall slightly in the latest quarter, and its management expects similar performance in the current period. The tech giant on Thursday...
[ad_1] For weeks, Wall Street had been closely eyeing the performance of Amazon Web Services: Would it rise more than 10% in year-over-year sales? It did,...
[ad_1] Former President Donald Trump entered pleas of not guilty Thursday at an arraignment in Washington, D.C., giving his formal response to his four-count indictment over...
[ad_1] The second-quarter earnings season so far is showing that one trend that featured in the first quarter has not gone away. “Greedflation,” or the practice...
[ad_1] The numbers: A measure of business conditions for service sector companies like hotels, restaurants and hair salons slowed in July, but still signaled an expanding...
[ad_1] Moderna Inc.’s stock MRNA, -3.26% rallied 5.5% in premarket trade Thursday, after the COVID vaccine market posted a narrower-than-expected second-quarter loss and revenue that was...
[ad_1] Shopify Inc. easily topped adjusted profit expectations for its latest quarter, though shares of the e-commerce marketplace were headed lower in Wednesday’s after-hours action. The...
[ad_1] PayPal Holdings Inc. edged above expectations with its quarterly revenue and earnings outlook Wednesday, though the company fell short of a margin metric and disappointed...
[ad_1] Stocks fell on Wednesday, a day after Fitch Ratings lowered its U.S. debt ratings to AA+ from the top AAA category, pointing to its growing...
[ad_1] As you’ve probably heard by now, Fitch Ratings late Tuesday cut the U.S. federal government’s credit rating to AA+ from AAA. Here’s a look at...
[ad_1] All eyes have been on shares of Tupperware Brands Corp. and Yellow Corp. in recent days as the stocks have soared despite a dearth of...
[ad_1] Shares of Tupperware Brands Corp. TUP, -31.78% tumbled 18.8% in morning trading Wednesday, which puts them on track to snap a five-day win streak, and...
[ad_1] Wells Fargo & Co. WFC, -1.56% said it will pay up to $1.8 billion to the Federal Deposit Insurance Co.’s deposit insurance fund as part...