America's Final Republican President
Louis Navellier believes Donald J. Trump could go down as America's last Republican president. But NOT for the reasons you may think... If he's right, the soul of this country will change forever...
A strong quarter for Wall Street lifts Goldman's first-quarter results
NEW YORK (AP) — Goldman Sachs said it saw a double digit rise in its first quarter profits on Monday, lifted broadly by the stock and bond markets' performances in the first months of the year.
Retail sales up a strong 0.7% in March from February, underscoring the resiliency of the US consumer
NEW YORK (AP) — Americans increased their spending pace in March at a better-than-expected pace the previous month, , underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges.
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McDonald's posts weaker-than-expected Q1 results as boycotts weigh on sales
McDonald’s said higher U.S. sales in the first quarter helped it overcome weakness in the Middle East and other markets where consumers have been boycotting the brand.
Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets
SEOUL, South Korea (AP) — Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips.
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US Silica agrees to go private in $1.85 billion acquisition by Apollo Global
NEW YORK (AP) — U.S. Silica has agreed to go private in an all-cash acquisition by Apollo Global Management that values the industrial minerals company at about $1.85 billion.
Stock market today: Asian benchmarks mostly climb despite worries about US economy
TOKYO (AP) — Asian shares mostly rose Friday despite worries about the economic outlook and inflation in the U.S. and the rest of the world.
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Stock market today: Asian benchmarks mostly slide as investors focus on earnings
TOKYO (AP) — Asian shares mostly declined Thursday as investors awaited a flood of global earnings reports, including updates from U.S. tech companies known as the “Magnificent Seven.”
Norfolk Southern's earnings offer railroad chance to defend its strategy ahead of board vote
Norfolk Southern’s first-quarter earnings report Wednesday gave the railroad the opportunity to publicly defend CEO Alan Shaw’s strategy again before investors decide on May 9 whether to back him. Since the railroad already preannounced its disappointing results earlier this month when it disclosed over the disastrous February 2023 there were few surprises in Wednesday’s numbers.
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Stock market today: Asian stocks track Wall Street gains ahead of earnings reports
HONG KONG (AP) — Asian share benchmarks were mostly higher Tuesday after U.S. stocks clawed back a chunk of their losses from the week before.
American Express profits jump 34%, helped by jump in new customers, higher spending
NEW YORK (AP) — Credit card giant American Express posted a 34% jump in its first quarter profits on Friday, helped by more customers spending on its namesake cards as well as more customers keeping a balance on the cards.
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Nokia sees double-digit fall in January-March sales as weak market for 5G technology prevails
HELSINKI (AP) — Wireless and fixed-network equipment maker Nokia on Thursday reported a smaller-than-expected profit and a double-digit fall in sales in the first quarter due to a market weakened by a lack of clients investing in 5G technology.
Abbott Labs tops Q1 expectations, raises low end of 2024 guidance range
ABBOTT PARK, Illinois (AP) — Abbott Laboratories reported a first-quarter profit of $1.23 billion Wednesday.
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Bank of America's 1Q profits fall 18% on higher expenses, charge-offs
NEW YORK (AP) — Bank of America said its first-quarter profits fell 18%, as the bank dealt with rising expenses due to the impact of higher interest rates. But the results beat analysts' estimates.
With 'functional' beverages, brands rush to quench a thirst for drinks that do more than taste good
Supermarket are starting to look a lot more like a pharmacy.
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Ex-Fed chair Ben Bernanke finds 'significant shortcomings' in Bank of England's economic forecasting
LONDON (AP) — A review of the Bank of England's economic forecasting that was published Friday and undertaken by Ben Bernanke, the former chair of the U.S. Federal Reserve, has found “significant shortcomings” that should be addressed to better inform future interest rate decisions.
Stock market today: Asia stocks are mostly lower after Wall St rebound led by Big Tech
HONG KONG (AP) — Asia stocks were mostly lower on Friday after gains for Big Tech shares helped U.S. stock indexes claw back much of their slide from the day before.
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When are those rate cuts coming, already? The European Central Bank may be providing some hints
FRANKFURT, Germany (AP) — The European Central Bank will likely use its Thursday meeting as a prelude to a first interest rate cut in June as the rich world’s central banks, including the and the U.S. Federal Reserve, assess how soon receding inflation will for businesses and consumers.
Macy's names 2 independent directors as part of agreement with activist investor
NEW YORK (AP) — Macy's said Wednesday it has named two independent directors to its board that were pushed by activist investor Arkhouse Management, ending a proxy fight that aimed to replace most of the board and to acquire the iconic chain.
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Stock market today: Asia stocks rise with market focus on signs of interest rate cut
HONG KONG (AP) — Asia stocks were mostly higher on Tuesday, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve.
Stock market today: Asian shares mostly rise as investors look to earnings and inflation signs
TOKYO (AP) — Asian shares mostly rose Monday as investors looked ahead to earnings reports from top global companies and a consumer prices report that will be a gauge for U.S. inflation.
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Stock market today: Asian shares mostly rise cheered by Wall Street finish
TOKYO (AP) — Asian shares mostly rose Thursday after a firm finish on Wall Street, as expectations remained solid for U.S. interest rate cuts this year.
US first-quarter auto sales grew nearly 5% despite high interest rates, but EV growth slows further
DETROIT (AP) — New vehicle sales in the U.S. rose nearly 5% from January through March, as buyers stayed in the market despite high interest rates. But electric vehicle sales growth slowed during the first three months of the year, with mainstream buyers wary of limited range and a .
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Donald Trump's social media company lost $58 million last year. Freshly issued shares tumble
NEW YORK (AP) — Less than a week after a flashy , Donald Trump's social media company is disclosing that it lost nearly $58.2 million in 2023.
Stock market today: Asian shares are mixed and Shanghai gains on strong China factory data
BANGKOK (AP) — Asian shares were mixed on Monday, with Shanghai gaining 1% after surveys showed improvements in manufacturing conditions in China.
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Powell says Fed wants to see 'more good inflation readings' before it can cut rates
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Friday reiterated a message he has sounded in recent weeks: While the Fed expects to cut interest rates this year, it won't be ready to do so until it sees “more good inflation readings’’ and is more confident that annual price increases are falling toward its 2% target.
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Walgreens lost nearly $6 billion in its second quarter mainly due to a drop in value for the VillageMD clinic business it controls.
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