Mastercard profit beats expectations on resilient consumer spending
By Arasu Kannagi Basil (Reuters) -Mastercard beat Wall Street estimates for first-quarter profit on Thursday as customers kept up spending…
Ford’s April US sales rise 16%, EV sales plummet
By Nathan Gomes and Nora Eckert (Reuters) -Ford Motor on Thursday reported a 16% rise in U.S. auto sales for…
Gloomy retail earnings show consumers are feeling the pinch of US tariffs
By Sruthi Shankar (Reuters) -Lackluster quarterly results from consumer-facing companies including McDonald’s and Harley-Davidson are the latest sign that American…
Estimated S&P 500 Q1 profit growth jumps vs a wk ago; Q2 forecast falls further
NEW YORK (Reuters) -Estimated earnings growth for S&P 500 companies for the first quarter of the year has jumped in…
Mercedes details plans for US production investments in Alabama
By Nora Eckert DETROIT (Reuters) -Mercedes-Benz plans to begin producing a new vehicle at its Tuscaloosa, Alabama, plant in 2027,…
Snap drops as scrapped forecast stokes ad slowdown fears before Meta earnings
(Reuters) -Snap shares tumbled more than 15% on Wednesday after the social media company held back its forecast, stoking fears…
Morgan Stanley investors should reject proposal to expand equity incentives, ISS says
By Niket Nishant and Tatiana Bautzer (Reuters) -Institutional Shareholder Services has urged investors to reject Morgan Stanley’s proposal to expand…
Tariff-induced volatility caused spike in derivative-related margin calls, data shows
By Laura Matthews (Reuters) -The value of derivative-related margin calls at hedge funds and other market participants nearly tripled after…
US House panel drops bid to remove FTC’s antitrust authority
By Jody Godoy WASHINGTON (Reuters) -The House Judiciary Committee reversed course on a proposal to remove the U.S. Federal Trade…
Annual gold price forecast tops $3,000 for first time – Reuters poll
By Anmol Choubey (Reuters) – Analysts in a quarterly Reuters poll have forecast an average annual gold price above $3,000…