Earnings Report
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Daimler Truck Targets Unchanged After Earnings Beat
Daimler Truck reported higher core profits in the first quarter, driven by gains in North America, and said it was on track to meet its financial targets for the year despite headwinds in Europe increasing.The Wall Street Journal - World -
Hershey’s beats on earnings as Reese’s Caramel, Dot’s Pretzels boost sales
“We are off to a strong start and remain on track to deliver our business strategies and financial commitments for the year,” the company’s CEO said Friday.MarketWatch - Business -
Why Coinbase’s stock is shrugging off a monster earnings beat
Analysts saw a few reasons to quibble, including a potential slowdown this quarter.MarketWatch - Business -
Apple on pace for best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.CNBC - Business - Apple -
Cramer: Why Apple's Vision Pro could contribute to earnings sooner than expected
Apple's earnings report Thursday night left little doubt the tech giant is leaning heavily into enterprise opportunities for the Vision Pro.CNBC - Business -
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World -
U.S. Job Growth Slowed in April
The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.The New York Times - Business -
Analysis: A Goldilocks Jobs Report for the Fed
The April employment report keeps hopes of a late summer interest-rate cut alive, because it eases fears that the economy reaccelerated in the first quarter.The Wall Street Journal - World - Federal Reserve -
Jobs Report in Focus as Investors Seek Rate Clues
Stock futures ticked higher ahead of an employment report that is expected to show labor-market growth slowing in April.The Wall Street Journal - World -
What to watch today in the April jobs report.
Economists expect another strong month for job creation, even as other indicators of labor demand weaken.The New York Times - Top stories -
Morning Report — Biden deplores campus ‘hate speech’
Another turbulent week ends with a hallmark of American democracy: Everyone has a say, including critics, and everyone wants to influence voters on Election Day. But there are limits. President Biden, urged by allies and detractors to speak out ...The Hill - Politics - Joe Biden -
U.S. Stocks Rally After Jobs Report Shows Hiring Slowdown
Stocks were rallying after a Goldilocks jobs report that boosted hopes for a late-summer rate cut.The Wall Street Journal - World -
Errors on credit reports are an ‘epidemic’ — but nearly 25% of Americans can’t access their credit reports to check for mistakes, consumer advocates say
Credit reports are supposed to be available for free every week, but many consumers can’t get to their data, a Consumer Reports study found.MarketWatch - Business