‘Historical trends are no longer working.’ This strategist says retail investors are completely baffling Wall Street.
Nationwide strategist Mark Hackett says the battle to control Wall Street is so far veering in favor of retail investors.
ESPN, WWE ink five-year deal for WrestleMania, Royal Rumble, other live events
Triple H looks on during WrestleMania 41 Saturday at Allegiant Stadium on April 19, 2025 in Las Vegas, Nevada. Georgiana Dallas | WWE | Getty Images The WWE is coming to ESPN. The Disney-controlled sports and entertainment business will pay an average of $325 million per year for five years of rights to the WWE’s […]
Corona’s parent is looking for more beer drinkers. Why Budweiser could be the buzzkill.
ICE raids have hurt beer demand for Corona’s parent company. Its search for sales elsewhere could hit these obstacles.
Disney (DIS) earnings Q3 2025
A water tower stands at Walt Disney Studios on June 3, 2025 in Burbank, California. Mario Tama | Getty Images Disney reports its fiscal third-quarter earnings before the bell on Wednesday, and Wall Street will be looking for updates on the state of its streaming, TV and movies businesses, as well as its theme parks. […]
AI is impacting the labor market, young tech workers: Goldman economist
A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Changes to the American labor market brought on by the arrival of generative AI are already showing up in employment data, according to […]
High tariffs drive China imports down to a 16-year low. But U.S. trade deficits are still as big as ever.
High tariffs on China-made products drove U.S. imports from the world’s second-largest economy to a 16-year low in June — yet the dramatic shift hasn’t put a big dent in America’s overall trade deficit.
CEO training ground for the restaurant industry
Customers walk out of a Taco Bell and Pizza Hut restaurant during lunchtime in Los Angeles, California. Kevork Djansezian | Getty Images Looking for the next CEO for your restaurant chain? Try mining the ranks at Yum Brands. The restaurant conglomerate, which owns Pizza Hut, KFC and Taco Bell and reported quarterly results Tuesday, has […]
Rivian expects deeper loss this year, amid ‘significant uncertainty’ over trade and EV policy
Shares of Rivian Automotive Inc. fell after hours on Tuesday after the electric-vehicle maker forecast a bigger loss for this year, amid what it called “significant uncertainty” about the economy and EV-related policy.
Trump says JPMorgan Chase, Bank of America rejected him as a customer
President Donald Trump said Tuesday that the two largest American banks previously rejected him as a customer, reviving claims that conservative clients were being unfairly denied accounts. Trump told CNBC’s “Squawk Box” in a wide-ranging interview that JPMorgan Chase informed him he had 20 days to move “hundreds of millions of dollars in cash” to […]
Pfizer boosts profit estimate, even as the drug giant absorbs tariffs
Pfizer Inc.’s stock was rallying Tuesday after the drug giant lifted its 2025 adjusted profit estimate, on the heels of a 10% jump in second-quarter revenue on strength in its Vyndaqel heart medication and its COVID-19 drugs.
