Articles

U.S. trade deficit in goods soars to record high as businesses aimed to beat tariff price hikes

U.S. businesses brought in record boatloads of foreign goods in March for the fourth month in a row as they tried to beat price increases tied to the Trump tariffs — all but assuring a weak GDP report in the first quarter.

Pfizer’s plunging Paxlovid sales impact revenue as COVID fades

Pfizer’s first-quarter revenue missed analyst estimates as it faces an “uncertain and volatile external environment.”

PayPal’s stock is down after earnings. Why one analyst expects that to change.

A Mizuho analyst was impressed by PayPal’s performance on several closely watched metrics, including transaction margin dollars, which measures the profitability of payment volume.

Coca-Cola leaves profit outlook intact, says tariffs are ‘manageable’

Stock gains as quarterly profit beats expectations, while revenue slipped as growth in case volume and price was offset by negative currency moves.

GM’s stock slips as car giant updates guidance amid tariffs impact

GM said that its initial full-year 2025 guidance “does not contemplate the potential impact of tariffs.”

Spotify earnings come up short as it warns of short-term noise

Spotify Technology’s stock dropped sharply in premarket trade on Tuesday after missing on earnings and guiding for more “noise” to come.

SoFi hits a record for new customers, and its stock is rising

The financial-technology company also boosted its full-year outlook.

Why the stock market’s about to hit a wall, according to this strategist

Keith Lerner of Truist Advisory Services says the S&P 500’s upside is limited to 5% near-term, but the downside could be 10%.

How the twilight of ‘king dollar’ could be the dawn of a new world currency

The overvalued dollar has benefits for Americans, but also costs. A true global currency might be the answer.

UPS to cut 20,000 jobs, close dozens of buildings due to lower Amazon volumes

UPS’s stock jumps after earnings beat expectations, but full-year outlook wasn’t updated given economic uncertainties.

China says it’ll never kneel down as it seeks partners in trade war versus U.S.

China’s foreign ministry on Tuesday released a video saying it won’t capitulate in a message as much to other trading partners as to the U.S.

My boyfriend owns a house and earns more than me, but I still want a prenup. Is that wise?

“I recently learned about land that has been in my family for 150 years.”
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