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Profits in the second quarter are on track for about 12% year over year growth, according to an analysis by FactSet.
Wealthier Americans are driving much of the growth in spending, while lower-income consumers are falling further behind.
Shares of power producers fell amid anxiety ahead of Federal Reserve Chairman Jerome Powell's scheduled speech from Jackson Hole, Wyo., later in the week.
EUR/USD down 0.30%, pressured by Dollar strength as markets await Fed minutes and Jackson Hole. Quick Ukraine war resolution ...
Many world markets took a breather on Monday as investors awaited the outcome of U.S. President Donald Trump's extraordinary ...
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Investor's Business Daily on MSNDow Jones Futures: Meta, Palantir Are Big Losers; Palo Alto Jumps On Earnings
Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, traded little changed ahead of Tuesday's open after the ...
The world’s most influential central bankers are gathering in Wyoming this week for the 2025 Jackson Hole Economic Symposium.
The S&P 500 posted 9 new 52-week highs and 3 new lows while the Nasdaq Composite recorded 80 new highs and 69 new lows. Read ...
Americans seem more worried about rising prices, as shown by a drop in the moods of consumers in August. Inflation proved a political problem for the last occupant of the White House and could well ...
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