US stocks sink as Wall Street sees both good and bad in Big Tech profits, US-China relations
Read full article: US stocks sink as Wall Street sees both good and bad in Big Tech profits, US-China relationsThe U.S. stock market sank from record heights as Wall Street sifted through mixed developments on everything from the U.S.-China trade war to profits for Big Tech behemoths.
UPS cuts 48,000 jobs in the year to date as its turnaround continues
Read full article: UPS cuts 48,000 jobs in the year to date as its turnaround continuesUnited Parcel Service posted third-quarter results that handily beat Wall Streetโs expectations and gave details about its turnaround efforts, including approximately 48,000 job cuts.
S&P 500 hits record high as government shutdown threatens SNAP benefits in Houston area
Read full article: S&P 500 hits record high as government shutdown threatens SNAP benefits in Houston areaWall Street closed the week with record highs on Friday as the S&P 500 topped 6,800 for the first time in history.
Government shutdown likely means no inflation data next month for 1st time in decades
Read full article: Government shutdown likely means no inflation data next month for 1st time in decadesThe government shutdown likely means there wonโt be an inflation report next month for the first time in more than seven decades, the White House said Friday, leaving Wall Street and the Federal Reserve without crucial information about consumer prices.
Procter & Gamble fiscal 1Q results top Street, sees less of an impact from tariffs for fiscal 2026
Read full article: Procter & Gamble fiscal 1Q results top Street, sees less of an impact from tariffs for fiscal 2026Procter & Gamble fiscal first-quarter performance managed to top Wall Streetโs view and the consumer products maker now foresees less of an impact from tariffs for fiscal 2026.
Wall Street sees major jump in profits, helped by soaring stock prices and deal making
Read full article: Wall Street sees major jump in profits, helped by soaring stock prices and deal makingWall Street has experienced one of its most profitable quarters, according to earnings reports from major banks on Tuesday.
Wall Street tumbles to its worst day since April after Trump threatens more tariffs on China
Read full article: Wall Street tumbles to its worst day since April after Trump threatens more tariffs on ChinaA monthslong calm on Wall Street shattered, and U.S. stocks tumbled after President Donald Trump threatened to crank tariffs higher on China.
Lack of jobs data due to government shutdown muddies view of hiring and the US economy
Read full article: Lack of jobs data due to government shutdown muddies view of hiring and the US economyFrom Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern, as everyone awaits the Labor Departmentโs monthly jobs report.
Big pharma stocks rise as Street reacts to latest presidential tariff plan
Read full article: Big pharma stocks rise as Street reacts to latest presidential tariff planShares of some big drugmakers rose Friday as Wall Street started sorting out the impact of President Donald Trumpโs latest tariff announcement.
Wall Street, fashion, and murder: โAmerican Psycho: The Musicalโ hits the Hobby Center
Read full article: Wall Street, fashion, and murder: โAmerican Psycho: The Musicalโ hits the Hobby CenterAmerican Psycho: The Musical, is in its final weekend at the Hobby Center. Based on the best-selling novel by Bret Easton Ellis and the hit film, this darkly satirical production brings Patrick Batemanโs double life to the stage like never before. Featuring music and lyrics by Tony and Grammy Awardโwinner Duncan Sheik and direction by Joe Calarco, the show combines fashion, horror, and biting comedy for an unforgettable night at the theater.
Wall Street wobbles as it questions whether the US job market has slowed just enough or too much
Read full article: Wall Street wobbles as it questions whether the US job market has slowed just enough or too muchU.S. stocks wobbled lower as Wall Street questioned whether the U.S. job market has slowed by just enough to get the Federal Reserve to cut interest rates to help the economy, or by so much that a downturn may be on the way.
Al Sharpton leads pro-DEI 'March on Wall Street' on anniversary of the 1963 March on Washington
Read full article: Al Sharpton leads pro-DEI 'March on Wall Street' on anniversary of the 1963 March on WashingtonThe Rev. Al Sharpton has led a protest through Manhattan's Financial District to urge corporate America to resist the Trump administrationโs campaign to roll back diversity, equity and inclusion initiatives.
A look at Nvidia's latest results and its prominence in the stock market, by the numbers
Read full article: A look at Nvidia's latest results and its prominence in the stock market, by the numbersNvidia reported a 56% increase in second-quarter revenue Wednesday and a 59% rise in net income compared to a year ago.
Wall Street soars on hopes for lower interest rates as the Dow surges 846 points to a record
Read full article: Wall Street soars on hopes for lower interest rates as the Dow surges 846 points to a recordWall Street rallied to its best day in months after the head of the Federal Reserve hinted that cuts to interest rates may be on the way.
Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House
Read full article: Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White HouseBoth Wall Street and the White House will be paying close attention to Fed Chair Jerome Powellโs high-profile speech Friday at the Fedโs annual economic symposium in Jackson Hole, Wyoming.
Wall Street steadies after Nvidia, Palantir and other AI stars trim their losses
Read full article: Wall Street steadies after Nvidia, Palantir and other AI stars trim their lossesU.S. stock indexes ended mixed after Nvidia, Palantir and other superstar stocks pared most of their steep losses from the morning.
Home Depot's sales improve as customers stay focused on smaller projects
Read full article: Home Depot's sales improve as customers stay focused on smaller projectsHome Depotโs sales improved during its fiscal second quarter as consumers remained focused on smaller projects amid cost concerns, but its performance missed Wall Streetโs expectations.
Q2 profits at Exxon Mobil and Chevron dip to lowest level in 4 years on subdued energy prices
Read full article: Q2 profits at Exxon Mobil and Chevron dip to lowest level in 4 years on subdued energy pricesExxon Mobilโs profit dropped in the second quarter to the lowest level in four years as oil prices declined amid an increase in production by OPEC+, but the results still managed to beat Wall Streetโs expectations.
CVS Health hikes 2025 forecast again, boosted by insurance, pharmacy businesses
Read full article: CVS Health hikes 2025 forecast again, boosted by insurance, pharmacy businessesCVS Health topped Wall Street expectations for the second quarter and it's hiking its full-year forecast again, as the health care giant continued to rally under new management from a forgettable 2024.
Wall Street is rattled as Trump says he discussed firing Powell but is 'unlikely' to do it
Read full article: Wall Street is rattled as Trump says he discussed firing Powell but is 'unlikely' to do itPresident Donald Trump sent the U.S. stock market on a jagged round trip after saying he had โtalked about the concept of firingโ the head of the Federal Reserve.
Wall Street is split as Tesla and tech drop while most other US stocks climb
Read full article: Wall Street is split as Tesla and tech drop while most other US stocks climbA mixed day of trading left the U.S. stock market split, as Wall Streetโs momentum slowed after setting record highs in each of the last two days.
European shares gain after Trump pushes back planned 50% tariffs on EU
Read full article: European shares gain after Trump pushes back planned 50% tariffs on EUEuropean shares closed higher and U.S. futures surged after U.S. President Donald Trump said he would delay a threatened 50% tariff on goods from the European Union to July 9.
Trump's latest tariff threats knock Wall Street, European stocks and Apple lower
Read full article: Trump's latest tariff threats knock Wall Street, European stocks and Apple lowerU.S. stocks fell after President Donald Trump threatened 50% tariffs on the European Union that could begin in a little more than a week.
Stocks drift to a mixed close as worries about the US government's soaring debt continue to weigh
Read full article: Stocks drift to a mixed close as worries about the US government's soaring debt continue to weighStocks drifted to a mixed close on Wall Street in what has been a rocky week because of worries coming out of the bond market about the U.S. governmentโs mounting debt.
The Latest: White House unveils Trump's 2026 proposed budget
Read full article: The Latest: White House unveils Trump's 2026 proposed budgetThe White House is unveiling President Donald Trumpโs 2026 budget, a sweeping framework proposing steep reductions in non-defense domestic spending while increasing expenditures on national security.
CVS Health rides improving Medicare business to better-than-expected first quarter
Read full article: CVS Health rides improving Medicare business to better-than-expected first quarterCVS Health hiked its 2025 forecast above Wall Streetโs expectations after improving Medicare benefits contributed to a better-than-expected first quarter.
Wall Street and the dollar tumble as investors retreat further from the United States
Read full article: Wall Street and the dollar tumble as investors retreat further from the United StatesWall Street weakened as investors worldwide get more skeptical about U.S. investments because of President Donald Trumpโs trade war and his criticism of the Federal Reserve, which are shaking the traditional order.
Most US stocks rise, but UnitedHealth's worst day in decades keeps Wall Street in check
Read full article: Most US stocks rise, but UnitedHealth's worst day in decades keeps Wall Street in checkMost U.S. stocks rose, but the worst drop for UnitedHealth Group in a quarter century kept Wall Street in check.
JPMorgan logs Q1 profit of $14.6 billion as CEO warns of uncertainty over global trade, other events
Read full article: JPMorgan logs Q1 profit of $14.6 billion as CEO warns of uncertainty over global trade, other eventsJPMorganโs net income rose 9% to $14.6 billion in the first quarter and the New York bank beat Wall Streetโs profit and revenue targets, but the bank warned of global economic uncertainties ahead due to President Donald Trumpโs ongoing trade war and other geopolitical calamities.
US stocks dip after careening through a manic day following Trump's latest tariff threat
Read full article: US stocks dip after careening through a manic day following Trump's latest tariff threatUS stocks careened after President Donald Trump threatened to crank his tariffs higher, despite a stunning display showing how much Wall Street wants him to do the opposite.
Dow drops 1,600 as US stocks lead worldwide sell-off after Trumpโs tariffs cause a COVID-like shock
Read full article: Dow drops 1,600 as US stocks lead worldwide sell-off after Trumpโs tariffs cause a COVID-like shockFinancial markets around the world reeled following President Donald Trumpโs latest and most severe set of tariffs, and the U.S. stock market took the worst of it.
A jittery Wall Street rides the tariff roller coaster and appears headed for big losses on Thursday
Read full article: A jittery Wall Street rides the tariff roller coaster and appears headed for big losses on ThursdayU.S. stocks whipped through another dizzying day of trading, but the mood on Wall Street turned sour after President Donald Trump unveiled sweeping new tariffs against nearly all U.S. trading partners, an action that could drastically remake the global economy.
Stock market today: More swerves hit Wall Street as Trump's "Liberation Day" nears
Read full article: Stock market today: More swerves hit Wall Street as Trump's "Liberation Day" nearsU_S_ stocks swerved through another shaky day of trading, with uncertainty still high about just what President Donald Trump will announce about tariffs on his โLiberation Day.โ.
Wall Street swings again as the approach of Trump's 'Liberation Day' wallops stock markets worldwide
Read full article: Wall Street swings again as the approach of Trump's 'Liberation Day' wallops stock markets worldwidePresident Donald Trumpโs fast-approaching โLiberation Dayโ sent stock markets swinging sharply worldwide.
Wall Street tumbles, and S&P 500 drops 2% on worries about slower economy and higher inflation
Read full article: Wall Street tumbles, and S&P 500 drops 2% on worries about slower economy and higher inflationAnother wipeout slammed Wall Street as worries built about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade war.
GameStop slumps as its plan to sell debt to fund bitcoin purchases raises some questions
Read full article: GameStop slumps as its plan to sell debt to fund bitcoin purchases raises some questionsGameStop shares plunged Thursday after the company's plans to sell debt to fund purchases of bitcoin raised some questions on Wall Street.
Stock market today: Wall Street slips following Trump's latest tariffs, despite solid economic data
Read full article: Stock market today: Wall Street slips following Trump's latest tariffs, despite solid economic dataWall Street edged lower after getting pulled in opposite directions as President Donald Trumpโs latest tariff escalation creates winners and losers among auto stocks.