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How some big businesses could escape fallout from Trump’s ‘blanket’ tariffs
A growing question around Trump's plan for a universal 10% (or maybe 20% or even 50%) tariffs is who will be able to evade these so-called "blanket" duties. Trump suggests that the answer will be
Business owners in disaster areas should be wary of possible scams
The devastation of Hurricanes Milton and Helene have opened the floodgates for people seeking disaster relief. Along with that comes the danger of fraud. The Federal Trade Commission, Department of
GM beats on Q3 earnings, raises profit forecast for third time this year
General Motors (GM) gave investors something to cheer early Tuesday morning after the automaker raised its guidance for a third time this year, in addition to easily beating third quarter revenue and
Walmart to Offer Prescription Delivery, Challenging Amazon
Walmart Inc. will start delivering prescriptions to US homes in as little as 30 minutes, a move that’s intended to grab a bigger slice of online spending and compete against Amazon.com Inc.
Elections offer 'high' level of uncertainty to global economic outlook: IMF
The International Monetary Fund said Tuesday the global economy is on pace for a soft landing this year and 2025, but that elections around the world introduce a "high" level of uncertainty to that
Wall Street is divided on the future of stocks. Here are bull and bear cases from the biggest banks.
Inflation is falling, productivity is rising, and the Fed is likely to cut rates, but forecasters warn not assume that means stocks keep rising.
The case for a 'Magnificent 7' resurgence: Morning Brief
The chart of the day What we're watching What we're reading Economic data releases and earnings The broadening of the stock market rally has become a crucial theme during the second half of 2024.
Railroad Norfolk Southern tops third-quarter forecasts, with added boost from insurance, rail sales
Railroad Norfolk Southern's streamlined operations delivered strong earnings last quarter, even excluding boosts from insurance payouts related to the disastrous derailment in East Palestine and the
L’Oreal Misses Sales Expectations Amid Beauty Slowdown
The French beauty giant reported third-quarter sales below analysts’ expectations as the industry is contending with shrinking demand in key markets, particularly in China.
Don't Expect McDonald's to Confirm Kamala Harris' Employment: Franchisee
McDonald's corporate officials are unlikely to release additional details to confirm the former employment of Vice President Kamala Harris, one franchisee said.
Philip Morris Stock Rises After Earnings Beat. The Smoke-Free Focus Is Working.
Shares of Philip Morris International were rising sharply after the cigarette maker easily beat quarterly estimates and boosted guidance. For its third quarter, the company reported adjusted earnings
Here's when exchange-traded funds really flex their ‘tax magic’ for investors
Exchange-traded funds can reduce investors' tax bills. But those tax savings benefit certain types of investors more than others.
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