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Earnings Results: Jack Daniel’s parent company’s stock sinks after surprise drop in profit and sales miss

Brown-Forman's stock took a beating Wednesday after the parent of the Jack Daniel's whiskey brand reported a surprise drop in quarterly profit.

Washington Watch: Biden’s age is figuring ‘prominently’ in the 2024 White House race — but here’s what the pundits could be getting wrong

As the battle for the White House rages on, one topic that just won't go away is President Joe Biden's advanced age.

: Burger King must face lawsuit over claims Whopper appears bigger on menu than in reality

A U.S. judge has ruled that Burger King must face a lawsuit from plaintiffs who claim its Whopper burger appears larger on menus than it does in reality.

: Insurance companies in the spotlight as Hurricane Idalia makes landfall in Florida as a Category 3 storm

Insurance stocks rose as Idalia caused widespread flooding and damage while missing the larger population centers along the coast of the Sunshine State.

Metals Stocks: Gold prices climb to 3-week high as traders await U.S. inflation, labor-market data

Gold futures trade at their highest level in more than three weeks Wednesday as traders awaited more data on the U.S. labor market.

Economic Report: Signed contracts for U.S. homes rise for the second month in a row

U.S. pending home sales rose in July, the National Association of Realtors said on Wednesday.

Market Extra: What history says about stock market in September after AI-driven rally screeches to a halt in August

A fierce artificial intelligence-led rally in the U.S. stock market seems to run out of steam in August, but expect September, which is just two trading days away, to be more volatile if the past several decades are any guide. 

The Ratings Game: Is Nvidia’s stock actually cheap? One analyst makes the case.

After Nvidia's earnings report, a Melius Research analyst thinks a case could be made that the stock could be "cheap," at least on a relative basis.

The New York Post: Tesla-themed diner and drive-in theater reportedly gets approved in Los Angeles

Elon Musk’s Tesla has reportedly received approval to move forward with plans to build an all-night diner and drive-in movie theater in Hollywood.

Economic Report: U.S. trade in goods widens in July

The U.S. trade deficit in goods widened 2.6% to $91.2 billion in July, according to the Commerce Department’s advanced estimate released Wednesday.

Economic Report: U.S. economy grew at slower 2.1% pace in second quarter, new GDP figures show

The U.S. grew at a somewhat slower 2.1% annual pace in the second quarter, revised figures show, but in retrospect the economy still showed more underlying strength than expected.

Futures Movers: Oil prices rise as industry data shows big drop in crude inventories

Oil futures rose early Wednesday, lifted after industry data showed a large draw to U.S. crude inventories.
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