The U.S. economy might be able to handle any disruption from Trump’s tariffs more easily than Wall Street expects
Lately, Wall Street economic commentary has been replete with ominous warnings. President Donald Trump’s tariffs are bound to cause an economic downturn, or perhaps even a recession.
Krispy Kreme stock plunges after McDonald’s rollout pause
Justin Sullivan | Getty Images News | Getty Images Krispy Kreme stock plunged 24% on Thursday after the doughnut chain said it is “reassessing” its rollout with McDonald’s and pulled its full-year outlook in part due to economic “softness.” Krispy Kreme is not planning to launch its doughnuts in any additional McDonald’s locations in the […]
Trump rolls out U.K. trade agreement. It’s a relief — but deals with other countries are more crucial.
President Donald Trump on Thursday said his administration has reached a preliminary deal with the U.K. on trade, offering a bit of relief to investors who have spent weeks waiting for such agreements.
Bill Gates doubles giving to $200 billion, ‘virtually all’ his wealth
Bill Gates arrives for a press conference to launch the Global Polio Eradication Initiative at the European Commission’s Berlaymont headquarters in Brussels on October 11, 2023. Simon Wohlfahrt | Afp | Getty Images Billionaire Bill Gates announced on Thursday that he will double his charitable giving to $200 billion over the next 20 years. In […]
Restaurant Brands International (QSR) Q1 2025 earnings
A Burger King restaurant is seen on October 25, 2024 in New York City. Michael M. Santiago | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that missed analysts’ expectations as same-store sales of Popeyes, Burger King and Tim Hortons declined. But the restaurant company is seeing sales turn around already. “As we […]
Markets are resilient — but this bank says it could fall apart quickly. ‘Fundamentals remain dire.’
HSBC is warning clients that the odds are stacked against resilience for markets staying intact.
Soccer fandom to improve maternal health
Mother’s Day on Sunday marks the launch of an innovative program to improve maternal health by harnessing the power of soccer fandom. The World Health Organization says maternal mortality is unacceptably high. More than 700 women died every day in 2023 from preventable causes related to pregnancy and childbirth, according to a WHO fact sheet […]
Costco managed another month of sales growth in April. But it marks a slowdown from March.
Retailer’s latest report comes as Wall Street looks for signs of tariff impact.
March Madness drags down first-quarter results
Flutter CEO Peter Jackson told CNBC customer-friendly results in the NCAA’s college basketball tournament weighed on overall first-quarter results for FanDuel’s parent company. The global sports and online gambling platform reported first-quarter adjusted earnings per share of $1.59, missing Wall Street consensus of $1.89 per share, according to LSEG. Revenue for the period also missed […]
Saudi fund deepens investment in women’s professional golf
PIF will become the title sponsor of revamped golf series. Severn Images Saudi Arabia is deepening its investment in women’s professional golf. The Public Investment Fund, the sovereign wealth fund of Saudi Arabia, announced on Wednesday that it will become the title partner of five events that will take place on the the Ladies European […]
