News

Morgan Stanley 2Q Profit Rises on Trading Boost
The bank on Wednesday reported a profit of $3.54 billion, or $2.13 a share, in the period, compared with $3.08 billion, or $1.82 a share, in the year-ago quarter. Analysts polled by FactSet expected ...
Diageo Parts Ways With CEO Debra Crew
U.K. spirits maker Diageo said Chief Executive Officer Debra Crew has stepped down after two years in the role, as the drinks sector grapples with tariff uncertainty in key markets and a slowdown in ...
Johnson & Johnson's stock rallies after an earnings beat and raised outlook, lifting pharma stocks
Johnson & Johnson's stock rose 2.4% in premarket trading, enough to pace the Dow Jones Industrial Average's DJIA early gainers. Shares of rival Pfizer Inc. (PFE) were up 0.3% in premarket trades and ...
Can the dollar regain its A-list status? Whatever happens will impact your wallet.
Most recently, the sensitivity of the dollar to the VIX has retraced some of its decline, but it remains well below its pre-liberation day value. Time will tell whether the dollar can eventually ...
The market's been wrong on the Fed for three straight years - this Deutsche Bank strategist says it's now looking like four.
Betting markets give the 30% tariffs on the E.U. that Trump is threatening a 28% shot of going through and a 43% chance for Canada's 35% tariff. "So if they did come into force, it's clear that would ...
Goldman Sachs' stock jumps after a big earnings beat, amid strength in investment banking and equities businesses
Shares of Goldman Sachs Group Inc. (GS) rallied 1.2% in premarket trading Wednesday, after the banking giant beat second-quarter profit and revenue expectations by wide margins, amid strength in its ...
PNC 2Q Results Strengthen Amid Uncertain Macro Environment
The Pittsburgh bank and financial-services company on Wednesday reported net income of $1.64 billion, or $3.85 a share, for the second quarter, up from $1.48 billion, or $3.39 a share, in the ...
Opinion
AI will take your job in the next 18 months. Here's your survival guide.
AI doesn't need dental. But it also can't read a room, build trust or make the judgment calls that keep companies from imploding. Over the next 18 months, become the person who knows which is which.
Diageo to Replace Chief Executive Debra Crew, Financial Times Says, Citing Unnamed Sources
-- Diageo plans to replace Chief Executive Debra Crew after falling alcohol sales and waning investor confidence battered it share price, Financial Times said, citing unnamed sources.
'We are acquaintances, not friends': My neighbors need somewhere to stay after a house fire. Do I say yes?
I want to balance your generosity of spirit with a degree of caution.
Bank of America Reports 3% Increase in Second-Quarter Profit
Bank of America reported a 3% profit increase in the second quarter of 2025, which the bank chalked up to a healthy economy. Profit came in at $7.1 billion, or 89 cents a share, compared with last ...
Why the June CPI Isn't a Gamechanger for the Fed
Top News Why the June CPI Isn't a Gamechanger for the Fed The June inflation data is likely to keep Federal Reserve officials cautious , open to cutting interest rates later this year without ...