Inflation picks up again in June, rising at 2.7% annual rate
The consumer price index in June was expected to increase 2.7% from a year ago, according to the Dow Jones consensus estimate.
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Investors unimpressed by Pop Mart's forecast of 350% profit surge as Labubu-maker's shares drop
Despite the latest pullback, many are holding on to their bullish calls for Pop Mart to remain one of the hottest consumer brands in China this year.
ASML shares drop 6.5% after the chip giant says it can't confirm that it will grow in 2026
ASML reported second-quarter earnings that beat estimates with the its key net bookings figure ahead of consensus.
UK inflation hits hotter-than-expected 3.6% in June
Economists polled by Reuters had anticipated inflation would reach 3.4% in the twelve months to June.
GM expands production of gas-powered SUV, trucks in Michigan
General Motors will produce the Cadillac Escalade at an assembly plant in Michigan, and expand the Chevrolet Silverado and GMC Sierra light duty pickups.
Citigroup beats second-quarter estimates as markets and banking revenues jump
The results come after a first half where Citigroup's stock outperformed the broader market and several of its universal bank peers.
BlackRock falls more than 5% on mixed earnings — why we'd look to buy Wednesday
The company is set up for a strong back half of 2025.
We're upgrading Wells Fargo stock despite its earnings-driven decline
Shares were under pressure after management reduced guidance on a key banking metric. But we don't see it as a bad thing.
WNBA's Portland Fire unveils name and logo ahead of 2026 tipoff
Portland's WNBA expansion team unveiled its new branding and name — the Portland Fire — a rekindling of the city's previous team that played from 2000 to 2002.
Jamie Dimon says JPMorgan Chase will get involved in stablecoins as fintech threat looms
JPMorgan Chase is a juggernaut in the global payments industry, helping move nearly $10 trillion daily, so it makes sense that it would explore stablecoins.