Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a news conference at the bank’s head office in Sydney, Australia, on Tuesday, Apr. 1, 2025. Bloomberg | Bloomberg | Getty Images Australia’s headline inflation rate in the second quarter of the year slipped to its lowest point since March 2021, coming in…
Bank of America doesn’t have high expectations for Friday’s job report. The bank anticipates a 60,000 increase in nonfarm payrolls in July, below the 100,000 Dow Jones consensus estimate. “If that forecast is correct, the knee-jerk market response will probably be dovish,” U.S. economist Aditya Bhave said in a note Tuesday. “However, we encourage investors…
CNBC’s Jim Cramer on Tuesday reviewed Figma, a design software company set to go public this week. Although he said he likes Figma’s underlying business, he’s hesitant to recommend the stock right away because it might quickly become too expensive. “There’s a lot to like about Figma, the company, but it’s already coming public at…
Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. David Paul Morris | Bloomberg | Getty Images Google executives are pushing employees to act with more urgency in their use of artificial intelligence as the company looks for ways to cut costs. That was the message…
Check out the companies making headlines in extended trading: Starbucks — The coffee chain’s shares added 3% in extended trading after revenue for the fiscal third quarter came in higher than expected. Starbucks posted revenue of $9.46 billion, while LSEG consensus estimates called for $9.31 billion. Same-store sales fell for the sixth consecutive quarter, however….
Top Trump administration officials insist that the Aug. 1 deadline is not changing, even as dozens of countries’ trade negotiations are unresolved. <
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Virginia Giuffre, an alleged victim of Jeffrey Epstein, walks after the hearing in the criminal case against Epstein, at Federal Court in New York, August 27, 2019. Shannon Stapleton | Reuters President Donald Trump on Tuesday said that Jeffrey Epstein “stole” Virginia Giuffre from the spa of Trump’s Mar-a-Lago club in Florida. Trump said that…
Royal Caribbean raised its full-year guidance Tuesday on the back of strong cruise bookings. The company now expects 2025 earnings of between $15.41 and $15.55 per share on an adjusted basis, up from prior earnings per share guidance of $14.55 to $15.55. CEO Jason Liberty noted traveler preferences are evolving, saying there’s an increase in…
Consumers walk in front of a Starbucks coffee shop in Galeria Krakowska shopping mall in central Krakow, Poland, on July 11, 2025. Dominika Zarzycka | Nurphoto | Getty Images Starbucks is expected to report its fiscal third-quarter earnings after the bell on Tuesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company…
