Articles

Fearing Trump’s tariffs, one bank has ratcheted up rate forecasts — in Australia

In the world of finance everything’s connected, including the likelihood of President Donald Trump returning to office and Australian interest rates.

Construction spending posts bigger-than-expected drop

Construction spending fell 0.2% in March, the Commerce Department reported Wednesday.

ISM manufacturing index drops sharply in April

Index falls to 49.2% after one month of expansion

Job openings in the U.S. fall to the lowest level in three years

The number of job openings in the U.S. fell to 8.5 million in March and touched the lowest level in more than three years, suggesting the demand for labor is slowly waning.

Around the world, workers are back in the office. Just not in America. 

The lingering effects of the COVID-19 pandemic and the Zoom revolution are continuing to shake up the workplace and have created dividing lines between the U.S. and many other developed countries.

Amazon earnings cheered as ‘objectively excellent’ — with any blemishes mere ‘nitpicks’

While shares saw a somewhat muted reaction, analysts saw plenty of reason to cheer.

Kraft Heinz snaps long streak of profit beats and sales fell shy again

Kraft Heinz’s stock fell in premarket trading Wednesday, after the food and beverage brands company only matched first-quarter profit expectations and fell shy on sales, again.

New York Community Bancorp reports narrower-than-expected loss but misses on revenue

New Chief Executive Joseph Otting sees a “path to profitability” in the next two years.

Trump Media stock is booming (for now). Here’s the way to play it on the cheap.

If you wanted to buy shares in Trump Media & Technology, Donald Trump’s new stock market venture, how many could you get for $100?

Cruise operator Viking’s IPO values company at $10.36 billion to mark biggest deal of year

Viking’s stock will start trading on the New York Stock Exchange later Wednesday.

Cannabis stocks settle down after rally on plans to reclassify pot as less dangerous

Canopy Growth, Tilray move up in premarket trades after dramatic rally on DEA’s plan to make pot a Schedule III controlled substance

Mastercard’s stock falls after earnings as company cuts full-year growth outlook

The company lowered its revenue-growth forecast for 2024 and showed a slowdown in volume growth for April.
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