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Today: May 01, 2025
Today: May 01, 2025

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Business|Economy|Environment

Allstate's first-quarter profit falls as catastrophe losses triple

Allstate Corp reported a 52.4% fall in first-quarter profit on Wednesday as losses from California wildfires erased investment gains, sending the company's shares down 2.5% in extended

Allstate's first-quarter profit falls as catastrophe losses triple
Arts|Economy|Finance|World

White House’s impatience for trade deals grows as economic anxiety builds

White House’s impatience for trade deals grows as economic anxiety builds

White House’s impatience for trade deals grows as economic anxiety builds
Business|Economy|Finance|Stock Markets|Technology

EBay announces CFO transition; sees quarterly revenue ahead of estimates

E-commerce firm eBay said on Wednesday that its Chief Financial Officer Steve Priest will step down in May and will be replaced by Peggy Alford, who was a vice president at

EBay announces CFO transition; sees quarterly revenue ahead of estimates
Business|Economy|Technology

Microsoft forecasts strong growth for Azure cloud business, shares surge 8%

Microsoft forecast on Wednesday stronger-than-expected quarterly growth for its cloud-computing business Azure after blowout results

Microsoft forecasts strong growth for Azure cloud business, shares surge 8%
Business|Economy|Environment|Science|Technology

Tesla's head of battery architecture Vineet Mehta departs, the Information reports

Tesla's head of battery architecture, veteran Vineet Mehta, is departing from the company, the Information reported on Wednesday, citing people familiar with the matter.

Tesla's head of battery architecture Vineet Mehta departs, the Information reports
Business|Economy|Finance|Technology|World

Qualcomm sees third-quarter revenue below estimates, shares drop 6%

By Arsheeya Bajwa and Max A.

Qualcomm sees third-quarter revenue below estimates, shares drop 6%
Business|Economy|Finance|Stock Markets|US|World

S&P 500, Dow reverse to end higher despite GDP decline, crude prices sink

U.S. stocks pulled a late-session rebound on Wednesday and oil prices logged their biggest monthly drop in 3-1/2 years as investors parsed news of the first U.S.

S&P 500, Dow reverse to end higher despite GDP decline, crude prices sink
Business|Economy|Education|Finance|Lifestyle|Science

Tips for handling your finances in a time of economic uncertainty

Financial markets are volatile

Tips for handling your finances in a time of economic uncertainty
Business|Economy|Political

Trump struggles to explain weak economic data as he reaches 100-day mark

President Donald Trump on Wednesday counseled patience, cast blame and claimed victory in the face of a first-quarter U.S. economic contraction and tariffs

Trump struggles to explain weak economic data as he reaches 100-day mark
Business|Economy|Finance|Technology|US

Tarnished Magnificent 7 stocks rebound faces test with earnings

The U.S. technology and growth stocks known as the "Magnificent Seven" have regained their footing somewhat after a steep slide, but a few weeks of growing

Tarnished Magnificent 7 stocks rebound faces test with earnings
Business|Economy|Finance|Technology|World

China's CATL to launch Hong Kong listing in week of May 12, sources say

Chinese battery giant CATL <300750

China's CATL to launch Hong Kong listing in week of May 12, sources say
Business|Economy|Finance|World

GM delays investor call, UPS axes 20,000 jobs as Trump's tariffs create corporate chaos

The fallout from U.S.

GM delays investor call, UPS axes 20,000 jobs as Trump's tariffs create corporate chaos
Business|Economy|Entertainment|Sports|Technology

Caesars Entertainment posts narrower first-quarter loss on sports betting surge

Casino operator Caesars Entertainment posted a narrower loss on Tuesday, driven by strong performance in its digital unit amid high demand for sports betting.

Caesars Entertainment posts narrower first-quarter loss on sports betting surge
Business|Economy|Technology|US|World

Equities end higher after choppy trade as earnings, data, tariffs gauged

U.S. stocks closed solidly in positive territory on Tuesday, after seesawing between modest gains and losses in choppy trading as investors assessed the latest

Equities end higher after choppy trade as earnings, data, tariffs gauged
Business|Economy|Technology|World

GM pulls forecast due to tariffs as nervous consumers rush to buy

General Motors on Tuesday pulled its annual forecast, in a move that reflects the uncertain effects of U.S.

GM pulls forecast due to tariffs as nervous consumers rush to buy
Business|Economy|Science|Technology

Paintmaker Sherwin-Williams reports first-quarter beat boosted by higher prices

Sherwin-Williams on Tuesday beat Wall Street estimates for first-quarter profit, helped by higher prices for its industrial paints, sending the company's shares up 5%.

Paintmaker Sherwin-Williams reports first-quarter beat boosted by higher prices
Business|Economy|Finance|Stock Markets|Travel

Royal Caribbean raises annual profit target on strong demand, lower fuel costs

Royal Caribbean raised its annual profit forecast on Tuesday, benefiting from strong bookings for its high-end itinerary offerings as well as easing fuel costs.

Royal Caribbean raises annual profit target on strong demand, lower fuel costs
Business|Economy|Finance|World

Turkish April inflation seen at 3.1% on energy prices, FX pass-through: Reuters poll

Turkey's monthly inflation rate is expected to climb to 3.1% in April, driven by energy prices and lira depreciation following the imprisonment of President Tayyip Erdogan's main

Turkish April inflation seen at 3.1% on energy prices, FX pass-through: Reuters poll
Business|Economy|Finance|World

The toll from Trump's tariffs

By Mike Dolan Morning Bid U.S. 

The toll from Trump's tariffs
Uncategorized

From rubber ducks to 401(k)s, Trump voters feel tariff pain but most see long-term gain

President Donald Trump’s April 9 decision to hike tariffs on China hit as Steve Egan, a promotional product distributor in Tampa, Florida, was in the middle of ordering 5,000

From rubber ducks to 401(k)s, Trump voters feel tariff pain but most see long-term gain
Arts|Business|Economy|Entertainment|Environment|Finance|Lifestyle|Opinion|Stock Markets|US|World

Only about half of Republicans say Trump has focused on the right priorities, AP-NORC poll finds

An AP-NORC poll finds many Americans don't agree with President Trump’s aggressive efforts to quickly enact his agenda, and even Republicans aren't overwhelmingly convinced his attention has been in the right place

Only about half of Republicans say Trump has focused on the right priorities, AP-NORC poll finds
Business|Economy|Finance|Stock Markets|US

US bond funds attract first weekly inflow in six weeks

U.S. bond funds recorded net inflows in the week through April 23 for the first time in six weeks, as a selloff in U.S. bond markets eased and investors grew hopeful about a potential de-

US bond funds attract first weekly inflow in six weeks
Business|Economy|Finance|Stock Markets|Technology

Intel shares fall as dour forecasts overshadow CEO's turnaround promises

Intel's shares fell more than 8% on Friday as the company's weak revenue and profit forecasts overshadowed new CEO Lip-Bu Tan's strategy to

Intel shares fall as dour forecasts overshadow CEO's turnaround promises
Business|Economy|Finance|Stock Markets|US|World

Focus on earnings while US and China quibble

A look at the day ahead in European and global markets from Rocky Swift As U.S.

Focus on earnings while US and China quibble

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