Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Walmart is coming off a tough week after delivering a slowing profit growth forecast. ...
Category: Economy
MSG Networks reaches deal with Altice USA to bring back New York Knicks, Rangers games
Altice USA ends blackout with MSG Networks, restores New York Knicks, Rangers, Islanders, Devils games. ...
Warren Buffett amasses more cash and sells more stock, but doesn’t explain why in annual letter
"The great majority of your money remains in equities," Buffett wrote in his highly-anticipated annual letter. "That preference won't change."…
Shortage of Novo Nordisk’s Wegovy and Ozempic drugs is resolved, FDA says
The FDA's decision will threaten the ability of compounding pharmacies to make far cheaper, unbranded versions of the injections over…
Home sales drop sharply as prices hit an all-time high for January
The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest…
Shares of Hims & Hers tumble 23% after FDA says semaglutide is no longer in shortage
Shares of Hims & Hers tumble 23% after FDA says semaglutide is no longer in shortage ...
UnitedHealth’s rough stretch continues, with buyouts, a reported DOJ probe and a 23% drop in three months
It extends a tumultuous period for UnitedHealth marked by the killing of a top executive, a costly cyberattack against its…
Steve Cohen says tariffs and DOGE’s cuts are negative for economy, market correction could be soon
The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown…
Apple unveils cheaper iPhone 16e powerful enough to run AI
The new iPhone is called iPhone 16e, and it will retail for $599 when it goes on sale later this…