Alphabet S Profit Falls 34 Amid Ads Slowdown
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Honda Motor Expects Annual Profit to Fall
The Japanese automaker projected a drop in fiscal-year net profit and announced a share buyback after posting a sharp increase in annual profit for the previous year.The Wall Street Journal - World -
Funko names a gaming and e-commerce veteran as its new CEO, amid falling sales
Funko Inc. on Thursday said it had appointed gaming and e-commerce veteran Cynthia Williams as its new chief executive, marking yet another change at the top over the past two years.MarketWatch - Business -
Stock-market investors fear a consumer slowdown. Keep an eye on gasoline demand.
Investors are monitoring gasoline demand as they fret about the toll inflation is taking on consumers.MarketWatch - Business -
Sweetgreen shares soar 34% after company beats revenue expectations
Shares of the salad chain surged 34% Friday after the company's revenue beat analysts' expectations during its fiscal first quarter.CNBC - Business -
America's debt tops $34 trillion, but commission to address it looks dead in Congress
A promising start has given way to challenging political realities for supporters of a bipartisan commission to tackle the federal government’s growing debt challengesABC News - Top stories -
Sweetgreen, Chipotle and other fast-casual chains are bucking the consumer slowdown
Chipotle Mexican Grill, Wingstop and Sweetgreen all beat Wall Street's estimates for their quarterly same-store sales growth.CNBC - Business -
WSJ Dollar Index Falls
The dollar weakened, snapping a three-day winning streak, after jobless claims data reinforced hopes of a Fed rate cut this year.The Wall Street Journal - World -
Will the economy slow or fall off a cliff?
There’s a reason famed investor Stanley Druckenmiller recently gave Bidenomics an “F” grade.The Hill - Politics -
The Rise and Fall of China’s Economic ‘Miracle’
China’s economy has reached a dead end. Getting out will mean more trade friction with the United States.The New York Times - Top stories - China -
McIlroy denies fall-out with Woods on game's future
Rory McIlroy says there is "no strain" in his relationship with Tiger Woods but admits they do not "see eye-to-eye" on the sport's future.Yahoo Sports - Sports -
'Commentators curse' strikes as Knight falls for 49
Watch the moment the "commentators curse" strikes as England's Heather Knight falls for 49 in the first T20 International against Pakistan at Edgbaston.BBC News - Top stories -
The Long, Steep Fall of an Online Education Giant
Education-tech company 2U, once worth more than $5 billion, is fighting for its life after a series of missteps in a difficult marketplace.The Wall Street Journal - World -
Gold Futures Fall Ahead of U.S. Inflation Data
Gold futures fell, giving way to a stronger dollar ahead of key inflation data this week.The Wall Street Journal - World -
Marketing Budgets as a Share of Revenue Fall to Postpandemic Low
A new Gartner survey of marketing leaders finds average budgets have declined in the years following the pandemic as marketers are tasked with doing more with less.The Wall Street Journal - World