Markets
Chipotle Posts Surprise Same-Store Sales Growth in Early Sign of Recovery
Mexican grill chain shows unexpected improvement after year-long slump that saw shares plummet 35 percent.
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Markets Page 5
Markets news: stocks, bonds, oil, crypto and the Federal Reserve.
MarketsPayPal's New CEO Restructures Venmo as Standalone Unit Amid Acquisition Interest
The payment giant is betting that corporate reorganization can reignite growth as it faces mounting competition from Apple, Google, and Stripe in e-commerce.
MarketsYum Brands Earnings Top Estimates as Taco Bell Powers 8% Same-Store Sales Growth
Strong performance at Taco Bell drives company-wide outperformance despite challenging economic conditions for restaurant industry.
MarketsStarbucks Raises Full-Year Outlook Despite Rising Gas Costs as Turnaround Takes Hold
The coffee giant reported 6.2% growth in global same-store sales as customer visits increased, demonstrating resilience against inflationary pressures from higher fuel prices.
MarketsTech Stocks Tumble After Report Reveals OpenAI Missing Revenue Targets
Wall Street Journal findings about ChatGPT-maker's performance shortfalls fuel concerns over trillion-dollar AI investment returns.
MarketsGM Raises 2026 Guidance After Beating Earnings Expectations and $500 Million Tariff Refund
The automaker's strong first-quarter performance was boosted by a substantial tariff refund, leading to increased confidence in full-year prospects despite ongoing economic challenges.
MarketsUnited Airlines CEO Confirms Merger Approach to American Airlines
Scott Kirby reveals American rejected the proposal, saying "without a willing partner, something this big simply can't get done."
MarketsPharma Giants Bet on Revolutionary Cholesterol Form for Next Heart Drug Blockbusters
Novartis, Amgen, and Eli Lilly target lipoprotein(a) in race to develop next generation of cardiovascular treatments.
MarketsGeneration X Emerges as Unexpected Powerhouse Driving Beauty Industry Sales
Often overlooked demographic now represents one of the biggest beauty spending segments as brands shift marketing focus to capture this lucrative market.
MarketsProcter & Gamble Beats Earnings Estimates as Sales Surge 7 Percent
Consumer goods giant maintains full-year forecast despite challenging market conditions and reaffirms confidence in business strategy.
MarketsFDA Fast-Tracks Psychedelic Drug Research Following Trump Executive Order
Major policy shift accelerates development of psychedelic-based medicines for treatment-resistant depression, PTSD, and substance abuse disorders under new federal directive.
- Markets
Generation X Emerges as Powerhouse Driving Beauty Industry Sales Growth
Often-overlooked demographic between Baby Boomers and Millennials becomes major force in cosmetics and skincare spending.
MarketsSpirit Airlines' Trump Bailout Under Scrutiny as Bankruptcy Clock Ticks
Bondholders weigh government intervention options as the budget carrier struggles with mounting debts and operational challenges amid industry turbulence.
- Markets
Procter & Gamble Beats Earnings Expectations With 7% Sales Growth
The consumer goods giant reiterated its full-year forecast as strong demand for household products drives revenue higher despite economic uncertainty.
MarketsNike Announces 1,400 Job Cuts in Second Round of Layoffs This Year
Athletic apparel giant targets technology department as cost-cutting measures continue amid challenging market conditions.
MarketsComcast Beats Revenue and Earnings Expectations as Broadband Losses Slow
Cable giant's first-quarter results boosted by NBC sports programming in February while company stems customer defections in core internet business.
MarketsAmerican Airlines Slashes 2026 Earnings Forecast After Fuel Cost Surge
The airline becomes the latest carrier to lower financial projections as the Iran conflict drives jet fuel prices to multi-year highs.
MarketsLululemon Names Former Nike Executive Heidi O'Neill as New CEO
Athletic apparel retailer taps veteran consumer goods leader to guide company growth strategy starting in September 2026.
MarketsRivian Reaches R2 Production Milestone Ahead of Customer Deliveries
The electric vehicle manufacturer began production of its highly anticipated R2 all-electric vehicle at its Illinois manufacturing facility.
MarketsUnited Airlines Slashes 2026 Forecast as Iran War Sends Fuel Costs Soaring
Despite strong passenger demand and better-than-expected first quarter results, the carrier warns of significant headwinds from energy price volatility.
MarketsOil Prices Surge on Renewed Strait of Hormuz Tensions as Iran Conflict Escalates
Traders digest mounting geopolitical risks over the critical shipping lane as U.S.-Iran tensions continue to affect global energy markets.
MarketsUnitedHealth Beats Quarterly Estimates, Raises Profit Outlook Despite Medical Costs
The nation's largest private insurer now expects 2026 adjusted earnings above $18.25 per share, up from previous guidance of greater than $17.75 per share.
MarketsEli Lilly Acquires Cancer Drug Maker Kelonia for Up to $7 Billion
The pharmaceutical giant bets on revolutionary in vivo CAR-T technology that reprograms patients' immune cells inside the body. The deal represents Lilly's largest acquisition in years.
MarketsTrump's Psychedelics Executive Order Could Accelerate Stalled Cannabis Reform
The White House order accelerates research and clinical trials for psilocybin, MDMA, and ibogaine while expanding 'Right to Try' access for these controlled substances.
MarketsOil Prices Jump as Traders Digest Weekend Iran Conflict Developments
Stock futures tumbled and crude prices surged after traders who were hopeful for peace on Friday absorbed news of renewed Middle East tensions.
MarketsOil Plunges to Lowest Price in Weeks After Iran Signals Strait Reopening
Crude prices tumble and U.S. stocks hit all-time highs following Iranian foreign minister's announcement about commercial vessel access.
MarketsNetflix Stock Plunges Despite Earnings Beat as Reed Hastings Exits Board
The streaming giant reported strong Q1 results and a significant earnings jump thanks to a termination fee from its failed Warner Bros. Discovery deal, but investors focused on guidance and leadership changes.
MarketsOil Prices Plunge to Lowest Level in Weeks After Iran Signals Hormuz Reopening
Crude futures tumble and stock markets surge to record highs after Iran's foreign minister announces Strait of Hormuz open for commercial vessels.
MarketsNetflix Stock Sinks Despite Earnings Beat as Reed Hastings Exits Board
The streaming giant exceeded Q1 revenue expectations and posted strong earnings growth thanks to a Warner Bros. Discovery termination fee, but shares fell on unchanged guidance and leadership changes.
MarketsOil Prices Plunge to Weekly Lows as Iran Signals Hormuz Reopening
Major stock indexes hit all-time highs while crude futures tumble after Iranian foreign minister announces strait open for commercial vessels.