Articles

BP beats forecasts despite seeing 31% drop in profits, to lowest since COVID-19

BP’s profits were hit by lower oil prices and a slump in its refining margins, caused by a slowdown in demand for products including jet fuel, diesel and gasoline

Vans maker VF Corp. rallies on results, and CEO says he feels good about Q3

Shares of VF Corp. rocketed higher after hours on Monday after the parent company of Vans and the North Face reported second-quarter results that beat expectations, as it looks to tighten up operations and get out from under billions in debt following losses and weaker sneaker demand.

Apple Intelligence is key to new iPhone sales, but don’t expect a big revenue jolt right away

With Monday’s rollout of Apple Intelligence on Apple Inc.’s newest iPhones, investors need to remember that the addition of generative artificial intelligence is unlikely to immediately lead to a big jolt in new iPhone sales.

Trump offers tax breaks to family caregivers. ‘It’s about time that they were recognized, right?’

Both candidates have promised to protect and expand at-home services to older Americans.

Boot Barn stock slides after CEO departure announcement, but Western-wear retailer’s forecast is more upbeat

Western-themed retail chain Boot Barn Holdings Inc. on Monday said its chief executive would be leaving next month, while forecasting better sales and profits for the full year.

The bond market is rarely this volatile outside of a crisis. Blame the U.S. election.

Options that expire soon after the Nov. 5 point to election jitters roiling bonds

If Musk and Trump want to cut federal spending by $2 trillion, they’ll have to come for Social Security and Medicare

Musk is talking big cuts. Something’s got to give.

‘FOMO’ could help drive stocks higher after the election, one top Goldman Sachs strategist says

The upcoming U.S. election has helped inspire a sense of foreboding on Wall Street, judging by the still-elevated level of the Cboe Volatility Index, otherwise known as the VIX or the stock market’s “fear gauge.”

Ford sees another $1 billion EV loss, and stock falls 4%

Ford Motor Co. reported earnings late Monday, but investors looked past a beat.

Falling oil prices may help push gas below $3 a gallon for the first time since 2021

The intensity of oil’s drop Monday showed that many traders were not prepared for what has been described as a “limited” retaliatory attack by Israel against Iran that came nearly four weeks after Iran’s missile strike on Israel. But some analysts warned it may be too early for oil traders to breathe a sigh of relief.

Treasury’s stable coupon, auction sizes at risk from U.S. election results

Since May, the Treasury Department has guided market participants toward the idea that it won’t need to increase the size of its coupon issuances or auctions “for at least the next several quarters.” But rising concerns about the U.S.’s $1.83 trillion deficit during the run-up to the Nov. 5 election are putting that guidance increasingly at risk.

Treasury trims fourth-quarter borrowing estimate

The Treasury Department said Monday that it expects to borrow $546 billion in the fourth quarter, which is $19 billion lower than previously estimated. 
1 405 406 407 408 409 2,059