Philadelphia Fed President Paulson content with rates at current level, but keeping an open mind
Paulson said voting with the majority last week wasn’t a tough decision.
Why Michigan voters are hearing ‘communist’ as they vote Tuesday
President Donald Trump and Republican allies are escalating attacks that label Democrats communists after progressive candidates won elections and primaries.
Merck hikes revenue outlook as new drug sales grow, but cuts profit guidance due to deal charges
Merck cut its profit guidance due to a charge tied to its acquisition of biotech company Terns Pharmaceuticals.
‘Last chance’: Bessent says Hormuz deal is in sight after Trump’s warning on Iran talks
President Donald Trump has warned that the latest round of negotiations with Iran are the “last chance” to bring an end to the five-month conflict.
BP profit more than doubles as Trump blasts Big Oil for ‘making too much money’
The result come after U.S. President Donald Trump lashed out at Big Oil for making “too much money” off higher fuel prices amid the Iran war.
Saudi Aramco profits jump 33% in second quarter as Iran war squeezes oil supply
The results come as oil supermajors have reported blowout quarterly profits, benefitting from higher fossil fuel prices amid the Iran war.
McDonald’s says its U.S. business is falling short as it announces new head of its largest market
McDonald’s stock has fallen more than 11% this year, dragging its market cap down to roughly $191 billion.
Snap’s stock jumps 8% on earnings beat and strong sales forecast
Snap beat analysts’ estimates across the board in its second-quarter earnings report.
Trump sours on Pirro over Reflecting Pool case, won’t say her job is safe
President Donald Trump said Jeanine Pirro, the U.S. attorney for the District of Columbia, “choked” and “folded like an umbrella” in the Reflecting Pool case.
Manufacturing survey shows inflation worries ‘worse than pandemic era,’ adding to Fed pressure
The commentary pointed to a highly volatile environment in which purchasing managers were struggling to stay ahead
