Starbucks plans to downsize menu, roughly cutting 30% of beverage, food offerings
Starbucks will also add digital menus to all of its company-owned U.S. stores over the next 18 months to make ordering ...
US economy likely added 153,000 jobs last month, returning to normal after strike and hurricanes
Getting a clear view of the U.S. job market hasn’t been easy the past few months. Hurricanes and a big strike at Boeing threw ...
Starbucks reports better-than-expected quarterly sales as turnaround efforts begin
Starbucks on Tuesday reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start ...
CBS News19d
Strong December job growth could augur fewer Fed interest-rate cuts. Here's why.
The economy was expected to add 153,000 jobs last month, according to economists polled by financial-data firm FactSet. The unemployment rate in December stepped down to 4.1%, lower than the ...
Boeing lost billions in fourth quarter alone, more than $35 billion since fatal crashes in 2019
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague ...
Average mortgage rate reaches 7% for first time since May
The average 30-year fixed rate rose to 7.04% for the week ending Thursday, according to mortgage giant Freddie Mac. The ...
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
Small-cap ETFs went on a wild ride. Can they regain momentum after Trump takes office?
The sharp selloff also triggered a mass exodus from the benchmark small-cap ETF, with investors pulling more than $871 million out of IWM in the week ending Tuesday. It was also one of the three funds ...
Week Ahead for FX, Bonds: U.S. Jobs Data, Fed Minutes in Focus
A raft of U.S. economic data, including key monthly jobs data, and Federal Reserve meeting minutes will be watched closely as 2025 gets into full swing.
Companies are expected to post their best earnings growth in 3 years. The biggest gains won't come from Big Tech.
Fourth-quarter earnings season is here. Wall Street expects the best profit growth in three years - led by the financial industry, as consumers keep hanging on while prices keep going higher. For the ...
Hosted on MSN19d
Employers added 256,000 jobs in December, blowing away forecasts
The economy was expected to add 153,000 jobs last month, according to economists polled by financial-data firm FactSet. The unemployment rate in December stepped down to 4.1%, lower than the forecast ...