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Over the past three decades, New Oriental has built a strong reputation in overseas-related businesses. These businesses have experienced substantial growth over the last few years, driven by pent-up ...
Gildan Activewear more than doubled its second-quarter profit. However, the Canada apparel manufacturer narrowed its adjusted earnings view but backed its full-year revenue guidance expectations.
In a note to employees on Thursday, Moderna Inc. said it was laying off about 10% of its global workforce as part of the biotechnology company's plan to cut costs by $1.5 billion over the next couple ...
Mastercard shares are up about 6% so far this year, which Jeffrey flagged was about 5 percentage points behind Visa's stock gain. "We contend that a strong global economy will power a catch-up trade," ...
"Recent flow data tells a similar story: purchasing of Mag7+ stocks as a share of total inflows have rebounded and then stabilized, suggesting that while meme stock flows made headlines, they didn't ...
Initial jobless claims rose by only 1,000 to 218,000 in the week ended July 26, the Labor Department said Thursday. Claims remain well below the 237,000 average in May and June. The gain was less than ...
Americans spent more money in June after U.S. trade wars began to simmer down, but they were cautious spenders amid all the turmoil caused by the Trump administration's tariffs. Personal spending ...
A rise in rail volumes and tonnage helped lift transportation activity in May, and increases in crude oil shipments helped boost pipeline transportation, Statistics Canada said. Real estate, retail ...
After the Federal Reserve held interest rates steady for a fifth straight meeting on Wednesday, Fed Chair Jerome Powell cited a stable labor market in his press conference as a sign that there is no ...
"The CMA Panel's most recent publication misses the mark again, ignoring that the cloud market has never been so dynamic and competitive, with record investment, and rapid, AI-driven changes," a ...
The June Personal Consumption Expenditures Price Index posted a stronger-than-expected increase, up 2.6% from year-ago levels. Economists forecast that the PCE index would rise 2.5%.
AbbVie's beat Wall Street's estimates for its top- and bottom-lines in its latest quarter, boosted by sales of Skyrizi and Rinvoq. The North Chicago, Ill., drugmaker said it logged earnings of $938 ...