Howard Schultz David Ryder | Reuters Some restaurants are reporting weaker sales or declining traffic in the second quarter, signaling that diners are cutting back… Read More »Some consumers are cutting back on restaurant spending, but CEOs say not all chains are affected
Take a look at some of the biggest movers in the premarket: https://www.cnbc.com/quotes/LLY” target=”_blank” rel=”noopener”>Eli Lilly (LLY) – The drug maker’s stock fell 3.6% in… Read More »Stocks making the biggest moves premarket: Eli Lilly, Cigna, Restaurant Brands and more
The U.S. Federal Reserve increased its benchmark interest rate by 75 basis points to a range of 1.5%-1.75% in June — the biggest increase since… Read More »The Federal Reserve just raised interest rates 75 basis points. Here’s what it means for the Main Street economy
CNBC’s Jim Cramer on Tuesday told investors to wait for the market to retreat more before doing any buying. “The stock market, in its entirety,… Read More »Wait for the market to decline more before putting cash to work, Jim Cramer says
Shares of retailers including https://www.cnbc.com/quotes/M” target=”_blank” rel=”noopener”>Macy’s, https://www.cnbc.com/quotes/AXP” target=”_blank” rel=”noopener”>American Eagle and https://www.cnbc.com/quotes/AMZN” target=”_blank” rel=”noopener”>Amazon are falling Tuesday, a day after https://www.cnbc.com/quotes/WMT” target=”_blank” rel=”noopener”>Walmart https://www.cnbc.com/2022/07/25/walmart-cuts-second-quarter-guidance-as-it-sees-slower-growth-due-to-inflation.html”>slashed… Read More »Walmart’s slashed profit outlook sends warning about state of the American consumer
The federal government awarded $154.2 billion to small businesses in fiscal year 2021, an $8 billion increase from the previous fiscal year, according to data… Read More »Main Street lands record $154 billion in federal contracts, but fewer small businesses benefit
U.S. equities fell on Tuesday morning after Walmart cut its profit forecast, sending retail stocks tumbling. The Dow Jones Industrial Average fell by 87 points,… Read More »Stocks fall after Walmart issues profit warning, says inflation hit consumer spending
The https://www.cnbc.com/coronavirus/”>Covid-19 pandemic caused chaos in the U.S. housing market, with prices skyrocketing, inventories dwindling and intense bidding wars. Then came record inflation, which drove… Read More »How the Fed’s escalating fight against inflation is hitting the hot housing market
For many small businesses, access to funding can be a matter of life and death. The stakes are especially high given that 18.4% of U.S.… Read More »The 8 best options for small business funding
Check out the companies making headlines before the bell: https://www.cnbc.com/quotes/T” target=”_blank” rel=”noopener”>AT&T (T) – AT&T fell 1.8% in the premarket, despite beating estimates on both… Read More »Stocks making the biggest moves premarket: AT&T, DR Horton, Travelers and more
