Starbucks Corp. on Tuesday reported quarterly sales that were worse than expected, as it deals with greater consumer caution, but it said efforts to make the coffee chain more efficient had helped retain costs as it tries to win back business.
Even as executives elsewhere say high prices are still squeezing consumers, Ticketmaster parent Live Nation Entertainment Inc. on Tuesday said it was seeing no signs of a slowdown in concert demand, and reported quarterly results that squeaked past Wall Street’s expectations.
Global monthly active users rose 12% from a year before.
AMC Entertainment Holdings Inc. will again look to tap into customer appetite for concert films when the movie-theater chain shows “Usher: Rendezvous in Paris” in September.
The Senate passed two child online-safety bills Tuesday with an unusual degree of bipartisan support, but they may not pass the House for a while.
Southwest plans on assigned seating, but details are sparse.
Air conditioners are running at full tilt in many parts of the U.S. during what’s expected to be the hottest summer on record, but the price of the natural gas used to help power them has dropped to its lowest level in three months. Consumers can, at least in part, thank Europe for that.
Interest-rate decisions will partly decide what path the popular cryptocurrency will take.
Investors are clamoring for affirmation the Fed will begin cutting rates in September. But a surprise easing on Wednesday likely wouldn’t go over well.
Investors were again buying bonds issued by the so-called Magnificent Seven group of big tech names in the past week, suggesting sentiment among bondholders has become more bullish heading into earnings.
The tech sector is waiting on a flurry of major tech earnings reports that will provide hints as to the future growth of AI infrastructure spending.
Alzheimer’s tests raise a lot of questions — such as: Who wants to know if they will be afflicted?
A newly published white paper is causing a stir on Wall Street and in Washington by accusing the Treasury Department of conspiring to boost the economy for political ends, and of risking a revival of inflation in the process.
Aircraft-parts maker boosts shareholder returns with buybacks and a 60% dividend hike.
Retailers are cutting prices to attract consumers, as deflationary trends show up at McDonald’s Corp. as well as in commodity markets and durables goods, according to Yardeni Research.
Job openings in the U.S. fell slightly in June to just above 8 million as the labor market continued to cool, but there are still more jobs available than there were before the pandemic.
Consumer confidence has been relatively soft all year and very choppy for the last four months.
A value manager with an excellent decades-long performance record supplies “a baker’s dozen of big bargains.”
Deal is officially scaled down to $2 billion from an original estimate of as much as $25 billion.
Imunon’s stock skyrocketed on massive volume Tuesday, after the biotechnology company announced positive survival data from a trial of its ovarian cancer treatment, IMNN-001.
