Tag: Financial markets
Walgreens tops Wall Street's expectations as drugstore chain continues turnaround plan
Walgreens booked a better-than-expected fiscal first quarter, but the drugstore chain lost $265 million as it closed U.S. stores and continued work to...
Top Fed official backs new rate cuts even if Trump tariffs materialize
WASHINGTON -- A top policymaker at the U.S. Federal Reserve said Wednesday that he still supports cutting interest rates this year, despite elevated...
Stock market today: Asian shares slip after Wall St slumps despite strong US economic data
HONG KONG -- Asian markets were mostly lower on Wednesday after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs...
How major US stock indexes fared Thursday, 1/2/2025
U.S. stock indexes slipped to start 2025. The S&P 500 fell 0.2% Thursday, marking its first five-day losing streak since April. The Dow...
Stock market today: Wall Street slips to kick off 2025 as Tesla drags
NEW YORK -- U.S. stock indexes are falling Thursday to start 2025.The S&P 500 was down 0.6% in afternoon trading after rising as...
Earnings growth uncertain as inflation and policy shifts weigh on corporate outlook
NEW YORK -- Wall Street expects corporate profits to have surged in 2024 and forecasts an even stronger jump for 2025.Companies still face...