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Browsing Category
Business
Darden Restaurants (DRI) Q2 2025 earnings
A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois.Scott Olsen | Getty ImagesDarden Restaurants on Thursday reported quarterly earnings and revenue that met analysts' expectations and…
Micron shares plunge on weak second-quarter guidance
Sanjay Mehrotra, CEO of Micron Technology Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 26, 2024. Brendan Mcdermid | ReutersMicron shares plunged 13% in extended…
UK inflation, November 2024
The columns of Royal Exchange are dressed for Christmas, at Bank in the City of London, the capital's financial district, on 20th November 2024, in London, England.Richard Baker | In Pictures | Getty ImagesLONDON — U.K. inflation rose to…
The Fed has a big interest rate decision coming Wednesday. Here’s what to expect
Federal Reserve Chair Jerome Powell speaks during a news conference following the November 6-7, 2024, Federal Open Market Committee meeting at William McChesney Martin Jr. Federal Reserve Board Building, in Washington, DC, November 7, 2024.…
Iran faces dual crisis amid currency drop and loss of major regional ally
A briefcase filled with Iranian rial banknotes sits on display at a currency exchange market on Ferdowsi street in Tehran, Iran, on Saturday, Jan. 6, 2018.Ali Mohammadi | Bloomberg | Getty ImagesIran is confronting its worst set of crises…
More than half of Gen X parents worry about supporting their adult kids, survey shows
Financial planning.
Budgeting. Expense tracking. Profit and loss analysis. Data analysis. Spreadsheet software. Productivity. Efficiency. Financial literacy. Personal finance. Business finance.Natalia Gdovskaia | Moment | Getty ImagesAs…
UK economy shrinks by 0.1% in October
Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. The City…
AI chipmaker Broadcom shares soar 14% despite mixed quarterly results — here’s why
Broadcom shares soared Thursday after the chipmaker demonstrated strong profitability in its fourth quarter and provided a slew of upbeat updates on its artificial intelligence business — a mix so good that investors looked past a minor…
Costco quarter signals record stock run is not done. Here is our new price target
Costco on Thursday evening reported a solid quarter, beating on both the top and bottom lines. The warehouse club is clearly taking share from other retailers due to its focus on newness, quality, and value. With gross margins and paid…
Costco (COST) earnings Q1 2025 earnings
A Costco Wholesale store in Connecticut.Lindsey Nicholsonp | Getty ImagesCostco on Thursday beat Wall Street's quarterly earnings and sales estimates, as it got a boost in part from higher membership fees.Here is how the warehouse club did…
Adobe shares plunge 13% on disappointing 2025 revenue guidance
Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor of the New York Stock Exchange on Feb. 20, 2024.Brendan Mcdermid | ReutersAdobe shares fell 13% on Thursday and headed for their steepest drop since March after…
Producer price index November 2024:
A measure of wholesale prices rose more than expected in November, adding fuel to the belief that progress in bringing down inflation has slowed, the Bureau of Labor Statistics reported Thursday.The producer price index, which measures what…
If Trump wants to kill inflation, the first thing he needs to do is get more homes built
Homes under construction in Englewood Cliffs, New Jersey on Nov. 19th, 2024.Adam Jeffery | CNBCIf President-elect Donald Trump is going to push inflation back down to a more tolerable level, he will need help from housing costs, an area…
Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago
The US Treasury building in Washington, DC, US, on Tuesday, Aug. 15, 2023.Nathan Howard | Bloomberg | Getty ImagesThe U.S. budget deficit swelled in November, putting fiscal 2025 already at a much faster pace than a year ago when the…
Annual inflation rate accelerates to 2.7% in November, as expected
Consumer prices rose at a faster annual pace in November, a reminder that inflation remains an issue both for households and policymakers.The consumer price index showed a 12-month inflation rate of 2.7% after increasing 0.3% on the month,…
Macy’s (M) earnings Q3 2024
A Macy's store decorated for the holidays in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg | Getty ImagesMacy's on Wednesday said it has wrapped up an investigation into an employee who…
The CPI report Wednesday is expected to show progress on inflation has hit a wall
A man shops at a Target store in Chicago on November 26, 2024.Kamil Krzaczynski | AFP | Getty ImagesA key economic report coming Wednesday is expected to show that progress has stalled in bringing down the inflation rate, though not so much…
Oracle shares head for worst day of 2024 after Q2 earnings miss
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco, California, U.S., on Sunday, Oct. 1, 2017.David Paul Morris | Bloomberg | Getty ImagesOracle shares dropped 8% on…
Oracle shares slide on earnings and revenue miss
Oracle chairman and chief technology officer Larry Ellison speaks at the Oracle OpenWorld conference in San Francisco on Sept. 16, 2019.Justin Sullivan | Getty Images News | Getty ImagesOracle shares slid 7% in extended trading on Monday…
Household finance outlook hits highest since February 2020 after Trump win
U.S. President-elect Donald Trump holds an award during the FOX Nation's Patriot Awards at the Tilles Center on December 05, 2024 in Greenvale, New York.Michael M. Santiago | Getty ImagesOptimism about household finances hit a multiyear…
The Fed is on course to cut interest rates in December, but what happens next is anyone’s…
Jerome Powell, chairman of the US Federal Reserve, during the New York Times DealBook Summit at Jazz at Lincoln Center in New York, US, on Wednesday, Dec. 4, 2024.Yuki Iwamura | Bloomberg | Getty ImagesFriday's jobs report virtually cements…
Unemployment rate jumps more than a percentage point for Black women in November
Jobseekers talk to a recruiter at the Albany Job Fair in Latham, New York, US, on Wednesday, Oct. 2, 2024. Angus Mordant | Bloomberg | Getty ImagesThe unemployment rate climbed sharply for Black women in November.The overall jobless rate…
Here’s where the jobs are for November 2024 – in one chart
The jobs report for November came in better than expected, and that growth came from several different areas of the U.S. economy, according to the data.Health care and social assistance led the way yet again last month, seeing 72,300 new…
Jobs report November 2024:
Job creation in November rebounded from a near-standstill the prior month as the effects of a significant labor strike and violent storms in the Southeast receded, the Bureau of Labor Statistics reported Friday.Nonfarm payrolls increased by…
Lululemon (LULU) earnings Q3 2024
Lululemon's U.S. growth is continuing to slow, but the athletic apparel retailer is making big gains abroad, leading to a 9% increase in sales year over year.The yoga pants company on Thursday beat Wall Street's expectations on the top and…
Ulta Beauty (ULTA) earnings Q3 2024
Ulta Beauty on Thursday beat Wall Street's fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for makeup and skincare.The retailer hiked its full-year outlook slightly to reflect the…
There’s an important jobs report coming Friday. Here’s what to expect
A pedestrian walks by a 'hiring now' sign in front of a U-Haul store on December 03, 2024 in San Rafael, California. Justin Sullivan | Getty ImagesAfter a month in which hiring was essentially muted due to storms and strikes, the jobs…
American Eagle (AEO) earnings Q3 2024
A shopper walks by an American Eagle store on November 21, 2023 in Glendale, California. Justin Sullivan | Getty ImagesAmerican Eagle issued weak holiday guidance on Wednesday and cut its full-year forecast as it contends with value-seeking…
Trump plans to nominate Paul Atkins as SEC chair in crypto-friendly move
Paul Atkins, founder and chief executive officer of Patomak Global Partners LLC, speaks during a Bloomberg Television interview at the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, May 1, 2017. David Paul…
Private payrolls grew by 146,000 in November, less than expected, ADP says
Private payrolls growth was less than expected in November, reflecting a slowing labor market, according to a report Wednesday from ADP.Companies added 146,000 on the month, below the downwardly revised 184,000 in October and less than the…