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PepsiCo cut snack prices again, but not enough to get American consumers to buy more
PepsiCo’s North America business lagged in the latest quarter, and the stock was having its worst day in 15 months, even as strength in international business led to an earnings beat.
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Major drugmaker loses $27 billion in market value after failed trial
Two companies announced on Thursday that the heart disease drug they had been developing failed its Phase III trial.
Higher gas prices aren’t the only way rising tensions with Iran will hit home
Wall Street expects President Donald Trump’s call that the Iran cease-fire is over will hurt airlines and home builders more than it will help oil companies.
Levi Strauss beats quarterly expectations, raises guidance and dividend
Levi Strauss beat quarterly expectations on the top and bottom lines during its fiscal 2026 second quarter.
Levi’s is finding new ways to win customers — by looking toward tops and ‘denim luxury’
Jeans maker raises its full-year outlook for the second straight time, but shares fall after hours
Manhattan office leasing sees strongest gains in 20 years
During the second quarter, office leasing volumes were 31.3% above the 10-year average, according to a new report from Colliers.
A ‘few’ Fed officials said there was a case for a rate hike in June, minutes from Warsh’s first meeting show
A “few” Federal Reserve officials said there was a case for raising interest rates in June, according to minutes released Wednesday from the central bank’s meeting last month.
Used EVs keep getting more expensive amid Iran war, high gas prices
The Manheim Used Vehicle Value Index for EVs — which tracks prices of used vehicles sold at its U.S. wholesale auctions — increased 12% compared to June 2025.
