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The Wall Street CEO discussed growing confidence among business leaders after his bank's strong fourth-quarter report.
Most economists expect them to show that hiring is solid but slowing, especially compared to the boom days of 2021-2023.
The U.S. government named 15 drugs that will be subject to the second round of price negotiations by Medicare, including Ozempic and Wegovy, the drugs at the center of the weight-loss craze. The Biden administration said the drugs account for $41 billion in annual Medicare spending,
The Wall Street CEO discussed growing confidence among business leaders after his bank’s strong fourth-quarter report.
A strong dollar makes money earned abroad worth less in dollar terms, raising the possibility that currency-translation effects might cause companies to miss Wall Street's targets for sales and earnings. At the very least, companies would not exceed those targets by as much as they otherwise would have.
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much this year.
Financials should be the biggest profit gainers this earnings season — but as Trump returns, trends could be “much more volatile than Trump 1.0,” analyst says.
U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November,
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Taiwan Semiconductor Manufacturing Co. on Thursday reported a stronger-than-expected profit and said artificial intelligence demand will help offset a typically weak period for smartphone sales.