Kenvue CEO says consumers are spending on brand-name health products even as they pull back in other areas
Thibaut Mongon’s remarks follow Kenvue’s second-quarter earnings beat, which was fueled by resilient demand for brands like Band-Aid, Tylenol and Aveeno.
Wall Street rides high into next week as traders brace for a major Fed decision and key earnings
Traders are coming up against a big Federal Reserve meeting and the biggest week of earnings season.
Former Trump lawyer Michael Cohen settles legal fees suit with Trump Organization
Michael Cohen sued Donald Trump’s company for legal fees related to congressional testimony. He is a key witness against Trump in his New York criminal case.
JPMorgan says this little-known biotech company could rally 66%
The firm initiated coverage on Travere Therapeutics with an overweight rating and price target of $26, citing long-term growth potential.
Another interest rate hike is likely coming from the Federal Reserve. Here are 5 ways it could affect you
The U.S. central bank has indicated another increase in interest rates is coming as it tries to further ease inflation.
The weakening dollar could mean good news for emerging markets. How to play it
With the dollar beginning to fall as the Fed nears the end of its rate hike cycle, emerging market equities look set to benefit.
Astranis internet satellite malfunctions before beginning Alaska service, backup planned for spring
Astranis suffered a malfunction with its first commercial satellite in orbit – but has a backup satellite it plans to bring into service by this spring.
Threads has lured some creators who never loved Twitter — now Meta has to keep them
Influencers and creators are trying to figure out if Instagram Threads can help their careers as Twitter continues to stumble
JPMorgan downgrades Blackstone, says there’s little room to run for the stock
JPMorgan downgraded Blackstone shares to neutral from overweight, saying many of the stock’s positives are now priced in.
Bank of America says the Hollywood strikes can hurt this equipment rental stock
Analyst Sherif El-Sabbahy double-downgraded shares to underperform, citing the near-term effect from the ongoing writers and actors strike in Hollywood.
