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American consumers are still on a spending spree — but that doesn’t mean they’re financially healthy
Company earnings reports have been trumpeting the strength of the American consumer’s wallet — but all that spending is coming at a cost. Nearly a third…
Much of Johnson & Johnson’s pain is indicative of larger trends in the pharma sector. Dirk Waem/Belga/AFP/Getty Images Shares of Johnson & Johnson approached a 52-week…
U.S. stock indexes traded sharply lower Wednesday afternoon, led by a slide in technology shares after behemoths Alphabet and Microsoft delivered a mixed picture of earnings.…
As of Wednesday, the unprecedented strike by the United Auto Workers union against General Motors, Ford and Stellantis is now also the longest American auto strike…
Alphabet shares fell the most on Wednesday since the start of the Covid pandemic after revenue in the company’s Google Cloud unit trailed analyst estimates.The stock…
Republican Rep. Mike Johnson of Louisiana is facing a floor vote in the House of Representatives Wednesday on his nomination for speaker. Johnson is the fourth…
Microsoft’s early lead over Alphabet in Generative AI is paying off. How so? After the two tech giants reported third quarter results Tuesday, Microsoft stock rose…
Key takeaways General Electric reported better-than-expected earnings and sales, raising its full-year guidance The company is set to split into two businesses by Q2 next year…
(Reuters) – S&P Global is the first among the “big three” rating agencies to upgrade Greece to investment grade since the country’s debt crisis in 2010.…
By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden welcomed Australian Prime Minister Anthony Albanese to the White House on Wednesday to talk defense and…