The global rate cut cycle is picking up steam, with half of developed markets' central banks having begun easing, and the U.S.
August 01, 2024
Drugmaker Regeneron Pharmaceuticals exceeded estimates for second-quarter revenue and profit on Thursday, driven by strong demand for its top-selling eczema and eye drugs.
August 01, 2024
Kellanova raised its annual organic sales and profit forecasts on Thursday as consumers opted for its breakfast cereals and ready-to-eat snacks such as Pringles despite higher prices.
August 01, 2024
Dominion Energy posted a fall in second-quarter profit on Thursday, as higher interest and maintenance costs weighed on the electric utility.
August 01, 2024
For more than a year, the U.S. stock market went in mostly one direction, up, and in mostly one manner, quietly
July 30, 2024
The Czech Republic’s central bank has cut its key interest rate for the sixth time in a row as inflation falls and the economy recovers more slowly than expected
August 01, 2024
The Bank of England cut interest rates from a 16-year high on Thursday after a tight vote by its policymakers who were split over
August 01, 2024
Hershey cut its annual profit and sales forecasts on Thursday and posted a near 17% drop in quarterly sales, highlighting cautious consumer spending for its candy and chocolates. WHY IS IT IMPORTANT?
August 01, 2024
The Bank of England cut interest rates from a 16-year high on Thursday after a narrow vote in favour from policymakers divided over whether inflation pressures had eased sufficiently
August 01, 2024
Intercontinental Exchange on Thursday reported a quarterly profit rise of 9% that topped analyst estimates, helped by robust trading in energy markets.
August 01, 2024
Labcorp beat Wall Street expectations for second-quarter profit and revenue on Thursday on strong demand for its diagnostic tests, and raised its sales growth forecast for the year.
August 01, 2024
Ball Corp reported a second-quarter profit on Thursday that beat analysts' estimates as the beer can maker benefited from cost-reduction plans and lower input costs.
August 01, 2024
Spirit Airlines on Thursday warned of a steeper loss in the current quarter, citing an "intense competitive battle" for the price-sensitive leisure
August 01, 2024
Thomson Reuters reported second-quarter earnings that topped Wall Street expectations on Thursday as revenue rose 6% and it continued to aggressively deploy artificial
August 01, 2024
The Fed is about to do something it hasn’t done since the pandemic
August 01, 2024
Bank of England cuts interest rate for first time in four years, but it was the closest call
August 01, 2024
U.S. oil and gas producer ConocoPhillips' second-quarter profit beat Wall Street estimates on Thursday, benefiting from higher output and commodity prices.
August 01, 2024
Mobileye Global cut its annual revenue and profit forecasts on Thursday, slammed by volatile demand for its driver-assistance chips in China, even as it recovered
August 01, 2024
Canada Goose beat Wall Street estimates for quarterly revenue on Thursday, benefiting from steady consumer demand in China for its puffer jackets and sweats, bucking
August 01, 2024
Biogen lifted its full-year profit forecast on Thursday due to cost cuts and better-than-expected sales of its various treatments, even as the U.S. adoption
August 01, 2024
HF Sinclair reported a quarterly profit on Thursday that beat analysts' estimates as it processed higher volumes of crude oil and on strength at its lubricants and midstream units, all of
August 01, 2024
Shares of Carvana surged nearly 15% a day after the used car retailer forecast annual core profit above Wall Street estimates, as more car buyers consider shopping online.
August 01, 2024
U.S. stocks kicked off August sharply lower after a round of economic data on Thursday spurred concerns the economy may be slowing faster than anticipated
August 01, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The Federal Reserve left Wall Street with little doubt about a first U.S. interest rate cut in seven weeks' time, but multiple cross-
August 01, 2024
China is expected to appoint a senior securities official to head its second-largest bourse, four sources said, filling a role that has been vacant for the unusually long period of seven
August 01, 2024
Japan PM hopeful Ishiba sees 'room' for corporate tax hike, Kyodo reports
Germany's far-right AfD on track for another state election win
Southwest Airlines warns staff of 'tough decisions' ahead, Bloomberg reports
Israel raids and shuts down Al Jazeera's bureau in Ramallah in the West Bank
GM to lay off about 1,700 workers at Kansas plant
Kyle Larson wins at Bristol as 2 former NASCAR champions eliminated from playoffs
North Carolina coach Mack Brown says 'embarrasing' 70-50 loss to James Madison is his fault
Cleveland Guardians clinch AL Central title when Royals lose to Giants