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 ...
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 ...
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 ...
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 ...
On election day, Trump-linked Phunware's stock continues rally
Like Trump Media & Technology Group Corp. (DJT), which is viewed as a Wall Street proxy for Trump's election bid, shares of Phunware have soared in recent weeks and rallied for most of October. The ...
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 ...
Vestas Shares Slump After Profit Guidance Trimmed — Update
Shares in Vestas Wind Systems plunged more than 10% Tuesday after the company said its profit margin would come in at the lower end of its guidance range this year on higher costs and warranty ...
Thomson Reuters 3Q Profit Slides as Investments Costs Increase
Revenues rose 8% to $1.72 billion. Analysts expected a rise to $1.7 billion. Thomson Reuters credits the rise to growth in recurring and transactions revenues, while acquisitions had a 1% positive ...
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.
Here are all the ways sports gambling is hurting some bettors' finances
After sports betting is legalized in a U.S. state, financially constrained households that participate in betting immediately see negative impacts on their finances, according to a report from the ...