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EverydayRead
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Earnings

Embattled Abbott Labs comes through with a strong quarter, buyback announcement

October 22, 20240

Medical device maker Abbott Laboratories on Wednesday delivered better-than-expected quarterly results and upped its earnings guidance for the th...

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Business

Disney will name Bob Iger’s replacement in early 2026; James Gorman to become board chair next year

October 22, 20240

Disney has tapped James Gorman to replace Mark Parker as the company's next chairman, effective in January, as the media giant lays the groundwor...

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Finance

Why a stock picking approach to small caps may boost performance right now

October 20, 20240

Stock picking may be the key to getting exposure to small caps.Rob Harvey, who's behind the Dimensional U.S. Small Cap ETF, uses an actively mana...

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Economy

Here’s why inflation may look like it’s easing but is still a huge problem

October 20, 20240

A family shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas. Brandon Bell | Getty ImagesJust because th...

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Earnings

Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand

October 20, 20240

In this photo illustration, a TSMC logo is displayed on the screen of a smartphone. Sopa Images | Lightrocket | Getty ImagesShares of Taiwan...

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Business

Elections, hurricane damage and more: Here are four factors that will shape holiday shoppers’ purchases

October 20, 20240

A Macy's store is seen at Herald Square on December 11, 2023 in New York City.Michael M. Santiago | Getty ImagesInflation may have cooled, but re...

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Earnings

Procter & Gamble earnings beat estimates, but weak demand in China hurts sales

October 19, 20240

Procter & Gamble on Friday reported weaker-than-expected revenue as lower demand in China again weighed on its sales.The company's organic sa...

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Business

CVS replaces CEO Karen Lynch with exec David Joyner as profits, share price suffer

October 19, 20240

Longtime CVS Health executive David Joyner has succeeded Karen Lynch as CEO, as the company struggles to drive higher profits and stock performan...

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Finance

Why 401(k) plans are the ‘final frontier’ for exchange-traded funds

October 18, 20240

Momo Productions | Digitalvision | Getty ImagesWhile many investors have flocked to exchange-traded funds, they haven't gained much ground with 4...

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Economy

Retail sales rose 0.4% in September, better than expected; jobless claims dip

October 18, 20240

Consumer spending held up in September, underscoring a resilient economy that is now getting a boost from the Federal Reserve, the Commerce Depar...

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