The Australian dollar has edged lower today. AUD/USD is trading at 0.6937, down 0.15% on the day. Markets brace for higher CPI Australia releases second-quarter CPI on Wednesday, with the markets expecting a sharp acceleration Read more…
“We are already taking proactive steps, including reducing discretionary spending and limiting hiring to critical needs and positions that support growth,” said CEO Mary Barra. General Motors (GM) – Get General Motors Company Report posted softer-than-expected Read more…
When it comes to jobs, real estate prices and returning to the office, recovery for U.S. cities has been mixed. In certain economic indicators, some cities are rebounding, and others are not. The U.S. economy Read more…
“The operating environment across the competitive landscape remains challenging,” said CEO Chris Kempczinski. McDonald’s Corp. (MCD) – Get McDonald’s Corporation Report posted better-than-expected second quarter earnings Tuesday as global comparable sales continued to impress even as Read more…
“Our results reflect the actions we’ve taken to execute for growth in the face of challenges in the operating and macroeconomic environment,” said CEO James Quincey. Coca-Cola (KO) – Get Coca-Cola Company (The) Report posted better-than-expected Read more…
When it comes to looking toward the future of the economy, the two best fixed-income-based indicators are the yield curve and credit spreads. So what are they saying right now about the potential for a Read more…
“Looking ahead, we updated our adjusted full-year expectations largely due to the strength of the U.S. dollar and uncertain macroeconomic environment,’ said CEO Mike Roman. 3M Co. (MMM) – Get 3M Company Report posted stronger-than-expected second Read more…
“We continue to trend toward the low end of our 2022 outlook on all metrics,” said CEO Larry Culp after a surprisingly solid second quarter. General Electric (GE) – Get General Electric Company Report posted stronger-than-expected Read more…
UPS topped Street earnings forecasts, and repeated its profit guidance, thanks in part to a big leap in the price of domestic parcel revenues. United Parcel Service (UPS) – Get United Parcel Service Inc. Report posted Read more…
Stock futures edge lower ahead of earnings parade; Walmart tumbles after surprise profit warning; Microsoft nudges higher ahead of q4 earnings; Coinbase shares slide amid reports of SEC probe and Alibaba shares leap after seeking Read more…