Articles

3M to recall about 40,000 noise-reducing earmuffs due to risk of overexposing user to loud noise

Earmuffs can develop cracks in the colored portion of the plastic cups, says consumer watchdog

Meta earnings weigh on Magnificent Seven stocks. Here’s why investors shouldn’t panic.

Analysts see opportunity coming out of Meta’s earnings and advise investors to wait for other reports before cutting tech positions.

Pending home sales see unexpected jump in March, despite rising mortgage rates

U.S. pending home sales rose 3.4% in March from the previous month, the National Association of Realtors said on Thursday.

As ketamine therapy booms, industry insiders worry about patient safety

Ketamine has become a popular alternative treatment for depression and other mental-health ailments — but doctors and regulators are increasingly concerned about its risks.

Why Microsoft’s earnings are all about ‘surviving and advancing’

Big AI gains could be ahead for Microsoft, but Thursday afternoon’s earnings may illustrate a more gradual ramp.

U.S. trade deficit in goods widens in March to highest level in almost a year

The U.S. trade deficit in goods widened 1.7% to $91.8 billion in March, according to the Commerce Department’s advanced estimate released Thursday.

Monster Beverage cut to sell because it’s ‘no longer…a high growth story’

Analyst Bill Chappell says Wall Street is ‘overoptimistic’ about energy drink maker’s gross margin recovery

Hertz to sell 10,000 more EVs than planned and swings to a large loss

Hertz’s stock resumed its selloff on Thursday, after the rental car company reported a much wider-than-expected first-quarter loss, and significantly expanded its plan to sell off its electric vehicles.

Deutsche Bank expects fewer U.S. commercial real estate provisions in second half

Deutsche Bank, one of the banks most exposed to U.S. commercial real estate, reported elevated levels of credit-loss provisions for a second straight quarter but said they will start to gradually decline.

U.S. weekly jobless claims drop to lowest level since February

Initial jobless claims fell by 5,000 to 207,000 in the week ended April 20, the Labor Department said Thursday.

Oil prices hold steady as traders weigh U.S. demand concerns

Oil prices remained unchanged on Thursday early morning, with Brent crude near $87 per barrel after settling lower the previous day as U.S. data showed a drop in weekly demand for gasoline.

Harley-Davidson posts stronger-than-expected profit, but shares cool

Motorcycle icon says total sales fell.
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