Articles

J.M. Smucker Co.’s sales rise 17% with boost from Hostess acquisition

Food giant cites “strong” second quarter performance of brands such as Uncrustables, Meow Mix, Café Bustelo and Jif.

Why GM, Ford stocks are falling after Trump’s tariff plan for Mexico and Canada

Stocks of GM and Ford took a hit, amid concerns that Trump’s plan for tariffs on imports from Mexico and Canada could cut auto sales more than a million cars.

Best Buy’s stock slides as ‘softer-than-expected’ demand leads to sales, earnings miss

Macro uncertainty, customers waiting for deals and sales events, and distraction during the run-up to the election led to softer-than-expected demand, according to Best Buy CEO Corie Barry.

Amgen’s stock slides 7.8% after weight-loss drug data lags analyst expectations

Amgen’s MariTide achieves up to 20% weight loss in mid-stage trial, but analysts were expecting up to 25%.

Dick’s Sporting Goods’ stock soars 6% as earnings boosted by strong back-to-school season

The retailer beat estimates for the third quarter and raised its guidance.

Medicaid is crucially important to older Americans, but can it handle a rapidly aging population?

Needs may be unmet or larger burdens may fall to families

Trump’s choices will breathe new life into stocks — or smother them

Many promises get made during political campaigns. Trump needs to rethink his.

Weight-loss stocks get a boost from new Biden proposal on drug coverage, but will it hold up?

The stocks of companies that make the new class of drugs to treat obesity and manage diabetes were higher across the board early Tuesday, after the Biden administration proposed a rule that would allow Medicare or Medicaid to cover the expensive medications.

Trump’s labor-secretary pick backs unions, but here’s why they aren’t celebrating just yet

While President-elect Donald Trump has tapped pro-union Rep. Lori Chavez-DeRemer to serve as secretary of his Labor Department, supporters of unions are taking a wait-and-see approach toward his selection of the Republican congresswoman from Oregon.

Oil prices bounce after Monday slump tied to Israel-Hezbollah cease-fire hopes

Oil futures rose Tuesday, taking back some of the ground lost in the previous session when investors reacted to reports Israel and Iran-backed Hezbollah were moving close to a cease-fire.

There’s more room for risk assets to rally — focus on policy, not politics, HSBC says

The backdrop for stocks is supportive despite the day-to-day Washington machinations

‘His divorce lawyer was completely useless’: My husband is on the mortgage of his ex-wife’s house. She’s behind on the loan. What can we do?

‘If he contacts the bank and asks to remove his name from the mortgage because he has no legal responsibility, will they force her to refinance?’
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