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Economy

Fed Governor Bowman favors July interest rate cut if inflation stays low

June 25, 20250

Michelle Bowman, incoming vice chair for supervision at the US Federal Reserve, arrives for a Psaros Center for Financial Markets and Policy even...

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Earnings

Carnival shares pop on earnings beat and raised full-year outlook

June 25, 20250

Carnival shares climbed nearly 7% on Tuesday after the cruise line posted stronger-than-expected second-quarter results and raised its full-year ...

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Business

FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year

June 25, 20250

FedEx reported better-than-expected quarterly earnings and revenue Tuesday as the company announced it had achieved its $4 billion cost-cutting g...

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Finance

Why electricity prices are surging for U.S. households

June 23, 20250

Kilito Chan | Moment | Getty ImagesElectricity prices are rising quickly for U.S. households, even as overall inflation has cooled.Electricity pr...

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Economy

U.S. inflation rises 0.1% in May from prior month, less than expected

June 23, 20250

Consumer prices rose less than expected in May as President Donald Trump's tariffs had yet to show significant impact on inflation, the Bureau of...

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Earnings

Broadcom beats on earnings and revenue

June 23, 20250

A sign is posted in front of a Broadcom office in San Jose, California, on Dec. 12, 2024.Justin Sullivan | Getty ImagesBroadcom reported sec...

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Business

Darden Restaurants beats earnings estimates, as Olive Garden parent predicts growth in 2026

June 23, 20250

Darden Restaurants on Friday beat Wall Street's earnings and revenue estimates, while the Olive Garden parent predicted solid growth for fiscal 2...

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Finance

Fed Governor Waller says central bank could cut rates as early as July

June 21, 20250

Federal Reserve Governor Christopher Waller said Friday that he doesn't expect tariffs to boost inflation significantly so policymakers should be...

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Economy

Vance joins Trump in bashing Powell, says Fed committing ‘monetary malpractice’ by not cutting rates

June 21, 20250

U.S. Vice President JD Vance speaks, during a tour of Nucor Steel Berkeley in Huger, South Carolina, U.S., May 1, 2025. Kevin Lamarque | ReutersP...

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Earnings

Kroger’s shares rise as grocer says shoppers seek lower prices, cook more at home

June 21, 20250

Shares of Kroger rose more than 9% on Friday as the supermarket operator raised its full-year sales outlook and said it's drawing shoppers seekin...

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