Retail giant and household staple Walmart has proven time and again to be a relentless source of value. Having become one of the most well-known national brands over the last few decades, it has staye...
Tag: Economy
Amazon Stock Dives As Holiday Sales Outlook Clouds Q3 Profit Beat
Updated at 4:21 am EST Amazon Inc (AMZN) posted better-than-expected third quarter earnings Thursday, but forecast disappointing holiday sales despite adding an extra Prime shopping day event, sendi...
How Crypto Could Help Rishi Sunak Save the UK Economy
Like his predecessors, the new prime minister of the United Kingdom, Rishi Sunak, has promised to focus on the economy. The new ruler might twist his economic strategy by finally embracing crypto and ...
US Economy Shows Worst Is Yet to Come, With Cooling Just Starting
(Bloomberg) — The US economy’s recent rebound is looking like a high-water mark for the expansion. Most Read from Bloomberg While government data on Thursday revealed US gross domestic product r...
Southwest (LUV) earnings 3Q 2022
A Southwest Airlines Co. Boeing 737 passenger jet pushes back from a gate at Midway International Airport (MDW) in Chicago, Illinois, U.S., on Monday, Oct. 11, 2021. Luke Sharrett | Bloomberg | Getty ...
Economy Survives Technical Recession—But Worst Could Come Next Year, Experts Warn
Topline The U.S. economy grew for the first time this year in the third quarter, a preliminary estimate from the Bureau of Economic Analysis showed Thursday—pulling the economy out of a so-called tech...
The UK’s new prime minister scrambles to save the Conservative Party
U.K. Prime Minister Rishi Sunak appointed his cabinet to include members from across warring factions of the Conservative Party. Wpa Pool | Getty Images News | Getty Images LONDON — Britain has a new ...
Watch Christine Lagarde speak after the ECB hikes rates once again
[The stream is slated to start at 08:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is giving a press conference ...
U.S. GDP accelerated at 2.6% pace in Q3, better than expected as growth turns positive
The U.S. economy posted its first period of positive growth for 2022 in the third quarter, at least temporarily easing inflation fears, the Bureau of Economic Analysis reported Thursday. GDP, a sum of...
Powell again is facing political pressure as worries mount over the economy
Jerome Powell, chairman of the US Federal Reserve, speaks during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022. Al Drago | Bloomberg | Getty Images Federal Reserve Chairman Je...
White House hammers economic issues with attack on ‘junk fees’ two weeks out from Election Day
U.S. President Joe Biden delivers remarks on the U.S. economy from an auditorium on the White House campus in Washington, U.S. October 26, 2022. Jonathan Ernst | Reuters The White House is working to ...
Boeing (BA) earnings Q3 2022
Boeing reported a $3.3 billion quarterly loss Wednesday as problems in its defense unit countered strides in its commercial aircraft business. The manufacturer, however, generated nearly $3 billion in...
Post Party Congress Pivot To Economy Lifts Stocks
China Last Night KraneShares Key News Asian equities had a positive day with Hong Kong and China outperforming while India had the day off for Diwali. Today’s catalyst was yesterday’s news that the PB...
Boeing, Hilton, Harley-Davidson and others
Check out the companies making headlines before the bell: Boeing (BA) – Boeing added 1% in the premarket in spite of reporting an unexpected quarterly loss and revenue that fell below Street forecasts...
Goldman Sachs, JPMorgan CEOs tip U.S. economy for recession
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs CEO David Solomon and JPMorgan CEO Jamie Dimon both expe...
India’s Digital Health Ecosystem Is An Unparalleled Opportunity
The Indian healthcare system is a remarkable phenomenon in many ways. Boasting one of the largest social health programs in the world, in addition to incredible research and development facilities, th...
US Economy Likely Grew by 2.9% in Q3 – Trustnodes
Far from a recession, the United States economy is currently seeing good growth with it estimated to have seen another gain of 2.9% in the third quarter. That would make 2022 so far one of the best ye...
Airlines have the passengers. Now they need the planes
The first U.S.-made Airbus jetliner moves down the assembly line at the company’s factory in Mobile, Alabama, U.S. on September 13, 2015. Picture taken on September 13, 2015. Alwyn Scott | Reute...
Alphabet, Microsoft, Texas Instruments and more
The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Check out the companies making headlines after hours. Alphabet — Th...
Xerox, Logitech, Upstart, Hibbett, Planet Fitness & more
Tony Avelar | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Logitech — The computer peripherals maker jumped 11% after Logitech reiterated its full-year guidance...
This 28-year-old’s side hustle brings in up to $267K per year
When Domonique Brown was growing up, she was the only Black kid in her class. “It was definitely tough for me to find things that represented me,” she said. She remembers how her father wo...
UK’s Rishi Sunak inherits a country in crisis as he takes over as prime minister
Rishi Sunak has been named as the U.K.’s new prime minister and the country’s first leader of color. Jeff J Mitchell | Getty Images News | Getty Images LONDON — Britain’s new Prime M...
Big Oil’s Profits Just Keep Rolling in as World Economy Sputters
(Bloomberg) — Big Oil’s run of record profit will suffer only a minor dent for the third quarter, even as the global economy shows signs of cracking under the pressure of rising inflation and in...
Coca-Cola, General Motors, JetBlue and others
Check out the companies making headlines before the bell: Coca-Cola (KO) – Coca-Cola shares rose 2.9% in the premarket after the beverage giant’ third-quarter earnings and sales beat Street fore...
Cybersecurity Must Become A Top Priority In Healthcare
As if physician attrition, nursing shortages, and a global sense of burnout isn’t enough to crumble an already exhausted healthcare industry, cybersecurity breaches have become an inescapable plague o...
Single-bond ETFs may be the key to revolutionize trading Treasurys
Single-bond exchanged traded funds may be the key to solving some frequent investing problems. In August, F/m Investments, a $4 billion multi-boutique investment advisor, launched three single-bond ET...
Avis, Pinduoduo, Starbucks, Alibaba and more
People wait in line at Avis rental agency in the Miami International Airport Car Rental Center. Joe Raedle | Getty Images Check out the companies making the biggest moves midday: Tesla — Shares of the...
Inflation is dominating the conversation on earnings calls. Here’s what execs are saying
Pepsi products are displayed for sale in a Target store on March 8, 2022 in Los Angeles, California. Mario Tama | Getty Images One thing’s clear at the start of the corporate earnings season: In...