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Starbucks is about to report earnings. Here’s what to expect

Starbucks is about to report earnings. Here’s what to expect

A pedestrian holds a Starbucks cup in Sacramento, California, on April 28, 2025. David Paul Morris | Bloomberg | Getty Images Starbucks is expected to report its fiscal second-quarter earnings after the bell on Tuesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share: 49 cents expected […]

Starbucks is about to report earnings. Here’s what to expect Read More »

Pfizer CEO says tariff uncertainty is deterring further U.S. investment in manufacturing, R&D

Pfizer CEO says tariff uncertainty is deterring further U.S. investment in manufacturing, R&D

Albert Bourla, chairman and CEO of Pfizer, speaks at The Wall Street Journal’s Future of Everything Festival in New York City, U.S., May 22, 2024.  Andrew Kelly | Reuters Pfizer CEO Albert Bourla on Tuesday said uncertainty around President Donald Trump’s planned pharmaceutical tariffs is deterring the company from further investing in U.S. manufacturing and

Pfizer CEO says tariff uncertainty is deterring further U.S. investment in manufacturing, R&D Read More »

Pfizer expands cost cuts, tops quarterly profit estimates even as sales fall

Pfizer expands cost cuts, tops quarterly profit estimates even as sales fall

The Pfizer logo is seen outside the pharmaceutical company’s manufacturing plant, in Newbridge, Ireland February 10, 2025.  Clodagh Kilcoyne | Reuters Pfizer on Tuesday expanded its cost-cutting efforts and reported first-quarter profit that topped estimates, even as the company’s sales fell, largely due to dwindling revenue for its antiviral Covid pill Paxlovid. The company previously

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Novo Nordisk opens weight loss drug Wegovy to telehealth; Hims & Hers shares rocket 40%

Novo Nordisk opens weight loss drug Wegovy to telehealth; Hims & Hers shares rocket 40%

The “Wegovy” brand slimming syringe is sold in the Achat pharmacy in Mitte. The “Wegovy” slimming syringe has been available in Germany for a year. Jens Kalaene | Picture Alliance | Getty Images Novo Nordisk on Tuesday said it will offer its weight loss drug Wegovy through telehealth providers Hims & Hers Health, Ro and

Novo Nordisk opens weight loss drug Wegovy to telehealth; Hims & Hers shares rocket 40% Read More »

SoFi CEO says fintech bank is bringing back crypto investing

SoFi CEO says fintech bank is bringing back crypto investing

Anthony Noto, CEO of SoFi. Adam Jeffery | CNBC SoFi CEO Anthony Noto said the fintech bank will bring back cryptocurrency investing after a “fundamental shift” in the regulatory landscape under the Trump administration. SoFi was forced to drop crypto investing in late 2023 as a condition of receiving a bank charter in a time of heightened

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Donald Trump Jr. co-founds new private members club, Executive Branch, with a 0,000 fee

Donald Trump Jr. co-founds new private members club, Executive Branch, with a $500,000 fee

A new private membership club in Washington, D.C., co-founded by Donald Trump Jr., is charging a $500,000 membership fee — and there’s already a waiting list. The club, called Executive Branch, held a launch party on Saturday night that included at least a half dozen members of President Donald Trump’s administration as well as wealthy

Donald Trump Jr. co-founds new private members club, Executive Branch, with a $500,000 fee Read More »

Temu adds ‘import charges’ of about 145% after Trump tariffs, more than doubling price of many items

Temu adds ‘import charges’ of about 145% after Trump tariffs, more than doubling price of many items

Jaque Silva | Nurphoto | Getty Images Chinese e-tailer Temu has started adding “import charges” of about 145% in response to President Donald Trump’s tariffs. The fees, which began cropping up over the weekend after price hikes went into effect on Friday, cost more than the individual products consumers are buying and can more than

Temu adds ‘import charges’ of about 145% after Trump tariffs, more than doubling price of many items Read More »

Wealthy consumers upped their spending last quarter, while the rest of America is cutting back

Wealthy consumers upped their spending last quarter, while the rest of America is cutting back

Lightfieldstudios | Istock | Getty Images America, at the start of 2025, is a tale of two consumers. Lower-income earners are reining in their transactions to focus on essentials, while the wealthy continue to spend freely on perks including dining out and luxury travel, according to first-quarter results from U.S. credit card lenders. As anxiety

Wealthy consumers upped their spending last quarter, while the rest of America is cutting back Read More »

Buy now, stock up or delay: Here’s what consumers are snapping up or putting off in the face of tariffs

Buy now, stock up or delay: Here’s what consumers are snapping up or putting off in the face of tariffs

In an aerial view, Ford Broncos are seen for sale on a lot at a dealership on April 18, 2025 in Austin, Texas. Brandon Bell | Getty Images At car dealerships across the country, consumers are rushing to buy new vehicles ahead of tariff-related price hikes. Some shoppers have also replaced iPhones early. Yet when

Buy now, stock up or delay: Here’s what consumers are snapping up or putting off in the face of tariffs Read More »

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