Many S&P 500 companies have significant exposure to overseas markets. Their revenues and earnings have suffered from slow overseas growth and the stronger dollar.
New store openings and a 68.6% increase in monthly transactions have helped the company's net revenue rise by 72%.
The plunging marriage and birthrates undermine China's economic growth in several ways.
This week, the company reported domestic sales of $9.57 billion for Q2, 2022, down 13.1% from last year, due to a 12.7% decline in comparable sales.
Starbucks' original concept of third place is still alive in the old stores, but it's missing from the new stores.
According to Gallup's Life Evaluation Index (GLEI), 5.6% Americans suffer from poverty these days.
The self-service economy sounds like a big win for companies as they cut costs and raise profits by having machines rather than humans deal with customer service issues.
The energy sector reported the highest earnings growth among the 11 S&P 500 sectors at 299%.
This week, the popular retailer reported a comparable sales growth of 2.6% for Q2, down from 8.6% last year.
Starbucks has fared poorly in neighboring Greece where it faces stiff competition from local start-up Mikel Coffee Company.
According to a new study that takes a close look at U.S. states with the most businesses experiencing supply chain pressures, a big part of the problem is domestic.
Disney's gains can be attributed to Netflix's price hikes and blockbuster new films like "Dr. Strange" and "Black Panther."
The rise of Artificial Intelligence has created a new era for content writers.
So you think you know how to listen?
S&P 500 companies that saved positive earnings surprises for Wall Street saw a more significant price increase than usual.
Both companies have seen their sales growth declining substantially in recent quarters as regulators have limited their entrepreneurial drive.
Even though the number of active monthly app users and ridership are soaring, it hasn't helped the company become profitable.
Earnings and revenues of S&P 500 members with more than half of overseas sales reportedly fared better than those with less than half of sales presence.
Rising tensions in the island economy will be disruptive to the operations of U.S. tech giants and the U.S. economy.
While it's unclear whether low-interest rates helped low-income Americans get jobs, one thing is clear. Low-interest rates were music to the ears of Wall Street traders and speculators.
The decline in property sales comes at a time when some homebuyers refuse to repay loans for unfinished properties, magnifying the liquidity problem of the industry.
This prospect doesn’t seem to concern traders and investors on Wall Street, which staged a massive rally after the release of the Federal Open Market Operations Committee’s decision.
Like the ECB, the Fed has been trying to tame inflation, getting from bad to worse by any measure.
A reason could be America's move to exclude Russia from the SWIFT system to punish its invasion of Ukraine, which makes the dollar less appealing as a global currency, an expert says.
In the first half of 2022, both companies were caught with excess inventories of discretionary items and had a hard time getting rid of them.
The popular show generated 1.3 billion hours viewed thus far in the new season. That made it Netflix's biggest 2 season of English TV ever, reviving interest in past episodes.
Red Hat brought IBM an extensive open-source technology portfolio, an innovative hybrid cloud platform, and a vast open-source developer community.
Washington's display of the "rules of engagement" comes after the U.S. Secretary of State Antony Blinken called China to abide by its international law obligations.
Unlike the dollar, which is the currency of a federation, the euro is the currency of an economic union based on the European Stability and Growth Pact (ESGP), which country members routinely violate, according to Athens Chamber of Commerce and Industry Counsellor Fanis Matsopoulos.
There are three major challenges in EV charging today: accessibility, speed, and stability.