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Earnings

Foot Locker shares tumble as it issues gloomy holiday outlook, sees ‘softness’ at Nike

December 9, 20240

Foot Locker store location on 34th street in New York City.Courtesy: Foot LockerFoot Locker slashed its full-year guidance Wednesday after report...

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Business

CFPB sues Comerica Bank, alleging it failed to administer federal benefits program

December 9, 20240

A Comerica Bank sign on a building in Walnut Creek, California, March 30, 2023.Smith Collection/gado | Archive Photos | Getty ImagesThe Consumer ...

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Finance

AI’s growth is just getting started, BlackRock’s thematic ETF head says

December 8, 20240

BlackRock expects infrastructure and cybersecurity plays to shine in 2025.Jay Jacobs, the firm's U.S. head of thematic and active ETFs, cites the...

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Economy

The Fed is on course to cut interest rates in December, but what happens next is anyone’s guess

December 8, 20240

Jerome Powell, chairman of the US Federal Reserve, during the New York Times DealBook Summit at Jazz at Lincoln Center in New York, US, on Wednes...

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Earnings

Shares of American Eagle plunge 13% as company issues weak holiday guidance

December 8, 20240

A shopper walks by an American Eagle store on November 21, 2023 in Glendale, California.Justin Sullivan | Getty ImagesAmerican Eagle shares dropp...

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Business

‘This was preventable’: Corporate world shudders at new risks after slaying of UnitedHealthcare CEO

December 7, 20240

Closed circuit screenshots of a person of interest in the UnitedHealthcare CEO killing.Source: NYPDUnitedHealthcare CEO Brian Thompson was fatall...

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Finance

Far from a bazooka, China’s stimulus measures are just trickling through the economy

December 6, 20240

A large advertisement touting China's "trade-in" policy hangs outside a housing construction project in Nanjing, China, on Nov. 29, 2024.Nurphoto...

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Economy

There’s an important jobs report coming Friday. Here’s what to expect

December 6, 20240

A pedestrian walks by a 'hiring now' sign in front of a U-Haul store on December 03, 2024 in San Rafael, California. Justin Sullivan | Getty...

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Earnings

Ulta Beauty shares pop as retailer beats earnings expectations despite demand fears

December 6, 20240

Ulta Beauty on Thursday beat Wall Street's fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for mak...

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Business

Lululemon stock jumps as international growth helps to offset slowing U.S. sales

December 6, 20240

Lululemon's U.S. growth is continuing to slow, but the athletic apparel retailer is making big gains abroad, leading to a 9% increase in sales ye...

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