U.S. trade deficit widens to 30-month high as imports flood in before port strike
The numbers: The U.S. trade deficit jumped to a 30-month high in September, keeping the economy from posting a second straight 3% increase in gross domestic product. The trade gap leaped by 19.2% to ...
Morningstar1d
Organon: FDA Extends Vtama Atopic-Dermatitis Review to March
Organon said the Food and Drug Administration extended by three months its review of an application seeking expanded approval of the healthcare company's recently acquired skin-care cream Vtama.
Why the Fed will likely cut rates in December - even after this week's meeting
Short-term U.S. interest rates are likely to be lower on Inauguration Day in 2025 than they are on Election Day, and that means the U.S. Federal Reserve almost certainly will continue to cut the ...
Yum Brands' earnings fall short of estimates as Pizza Hut parent says consumers are still pressured
Yum Brands Inc.'s stock fell 1.5% early Tuesday, after the operator of Pizza Hut, Taco Bell and KFC restaurants third-quarter earnings fell short of estimates, weighted down by conflicts around the ...
Ferrari Defies Auto Industry Malaise With Higher Sales, Earnings — Update
Ferrari posted higher sales and earnings in the third quarter and said it was more confident that it would hit its annual guidance, racing ahead of other car makers that are grappling with weakening ...
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Ferrari reiterates guidance as China deliveries fall sharply
Ferrari on Tuesday reiterated guidance that it had increased earlier in the year as the sports-car maker said shipments fell sharply in China in the third quarter. Ferrari shares (IT:RACE) (RACE) fell ...
Fast food restaurants are charging 77% more for this breakfast item than they did 5 years ago. Here's why.
A newly released study from the personal-finance site FinanceBuzz found that breakfast menu-item prices at 10 of the most popular fast-food chains have increased by 53% since 2019. And in some cases, ...
The stock market is expecting more interest-rate cuts than the Fed can give
But the Fed's 2% inflation target in fact is somewhat arbitrary, and the central bank could settle for something a bit higher if this accomplishes price stability.
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Archer Daniels' stock slides 6% on profit warning as company says it will restate past financials
Net earnings to include a $461 million noncash impairment charge on the company's investment in Asian agribusiness Wilmar Archer Daniels Midland Co.'s stock tumbled 6% early Tuesday, after the ...
The election result investors fear historically is the best for the stock market
Evercore strategists led by Julian Emanuel crunched the numbers and it turns out unified government actually is the best for the stock market. Since 1928, annualized returns for unified Republican ...
How AI could help - or threaten - the Fed's interest-rate moves
Challenges and risks of artificial intelligence directing U.S. central-bank decisions are substantial While AI can enhance capabilities, the final decisions in monetary policy should remain in human ...
Oil prices edge higher as traders await U.S. election results
Oil futures edged higher in quiet trade early Tuesday as investors await the outcome of a contentious and close U.S. presidential election. -- West Texas Intermediate crude CL00 for December delivery ...