Walmart‘s former U.S. CEO Bill Simon thinks Thursday’s stock drop is bizarre. The big-box retailer lifted its full-year sales and earnings forecast, but the stock still slid 4.5%. Walmart ended Thursday as the Dow’s biggest loser. “It was about as good of a quarter as any retailer could have in any environment,” he said on…
Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company’s headquarters in Menlo Park, Calif., on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta has agreed to spend more than $10 billion on Google cloud services, according to two people familiar with the matter. The agreement spans six…
New York Yankees’ Ben Rice crushes solo home run to tie the game against the Boston Red Sox. <
Residential and commercial properties near the Shibuya district of Tokyo on May 4, 2023. Richard A. Brooks | Afp | Getty Images Japan’s core inflation rate cooled to 3.1% in July, coming down from 3.3% the month before as rice inflation continued to ease. The figure — which strips out costs for fresh food —…
Jeep is rolling out a freshly designed model after six consecutive years of annual sales declines. The Stellantis automaker unveiled a new Jeep Cherokee on Thursday, the latest move to try to jump-start sales. It’s the first Jeep hybrid system, and the first for Stellantis in North America. The 2026 Jeep Cherokee redesign aims to…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 21, 2025. Brendan McDermid | Reuters U.S. stock futures were little changed Thursday night ahead of Federal Reserve Chair Jerome Powell’s speech at Jackson Hole on Friday. Investors will be seeking clues on the path forward for…
In 2025, Roborock launched a vacuum cleaner with a robotic arm for moving socks and other obstructions out of the way. Cfoto | Future Publishing | Getty Images BEIJING — Household robots for cleaning are about to quickly become an affordable reality. At least that’s what Quan Gang, president of Beijing-based robot vacuum cleaner company…
Jerry Jones claims that Micah Parsons’ agent, David Mulugheta, didn’t have kind words to say when he received the details about the contract the two sides allegedly agreed to in March. “When we wanted to send the details to the agent, the agent told us to stick it up our ass,” the Dallas Cowboys owner…
Friday is Fed Day. That’s when Federal Reserve Chairman Jerome Powell will address the central bank’s annual economic symposium in Jackson Hole, Wyoming. Investors will be listening carefully to Powell for hints on whether central bankers might cut interest rates as many three times before the end of the year, as the market thought was…
The Supreme Court on Thursday allowed Trump administration broad cuts to National Institutes of Health grants as part of the federal government’s campaign against diversity, equity and inclusion policies. But in a mixed decision the court left in place a different part of the lower court judge’s ruling that threw out the administration’s guidance document that introduced the policy,…
