DoubleLine Capital CEO Jeffrey Gundlach said the Treasury market is signaling that the Federal Reserve will need to do more than talk tough if policymakers are serious about reaching their 2% inflation target. “If you really want to get to 2%, I think you have to raise interest rates,” Gundlach said on CNBC’s “Closing Bell”…
Boxes of Tide Pods laundry detergent are displayed at a Costco Wholesale store on May 15, 2026 in San Diego, California. Kevin Carter | Getty Images Procter & Gamble on Wednesday reported mixed quarterly results, as underwhelming demand for its products resulted in weaker-than-expected sales. Shares of the company fell roughly 3% in morning trading….
Mitchell Robinson of the New York Knicks dunks the ball during game six of the Eastern Conference First Round Playoffs at the Wells Fargo Center on May 2, 2024 in Philadelphia, Pennsylvania. Tim Nwachukwu | Getty Images Sport | Getty Images The YES Network and MSG Networks will soon have a new streaming home. The…
Customers enter a Taco Bell restaurant in La Cañada Flintridge, California, on July 14, 2026. Mario Tama | Getty Images Yum Brands is expected to report its second-quarter earnings before the bell on Thursday, but executives will likely face more questions about how the cyclosporiasis outbreak tied to Taco Bell is hitting its business during…
United Parcel Service on Tuesday posted second-quarter earnings results that beat Wall Street expectations and raised its full-year outlook, but said it expects domestic third-quarter revenue to be flat. Shares of the delivery giant fell roughly 6% in midday trading. Here’s how the company performed in its second quarter, compared with what Wall Street was…
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2026. Brendan McDermid | Reuters Coca-Cola on Tuesday reported quarterly earnings and revenue that topped Wall Street’s estimates, fueled by higher demand for its drinks. The company also hiked its full-year forecast. Coke is now…
The boom in GLP-1 weight-loss drugs and other specialized medicines has created lucrative logistics opportunities in an industry that pays a premium for reliability, visibility, and regulatory know-how. The expertise needed to properly transport these temperature-sensitive therapies is just part of the reason why FedEx created a dedicated unit to handle what has become a…
People are selecting from an assortment of premium Lindt chocolates at the Lindt & Sprungli chocolate shop. Nurphoto | Nurphoto | Getty Images Cocoa prices are beginning to ease after a record-breaking rally, but don’t expect cheaper candy just yet as the world’s biggest chocolate makers turn to social media-inspired products and other strategies to…
2026 Honda Ridgeline pickup truck. Courtesy HondaHonda, Honda Motor on Thursday confirmed a next-generation model of its Ridgeline pickup truck will be produced in the U.S. following a temporary production stoppage later this year. The future of the midsize pickup truck has been in flux amid reports that there could be a production pause coming…
It was a tough week for stocks, as investors navigated everything from escalating tensions in the Middle East to key tech earnings reports to healthcare developments. Logging their second straight weekly losses, the S & P 500 slipped 0.6%, while the tech-heavy Nasdaq fell 2.1%. Here’s a closer look at what drove the trading action….
