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Federal debt just crossed a staggering new threshold while Treasury scrambles to prop up the bond market, and the intervention collapsed within 24 hours. Where Berkshire puts its money instead reveals something most retirees holding long bonds have not yet reckoned with.
The retailer's earnings doubled -- with $994 million of tariff refunds inside. Here's what the quarter looks like without it.
Despite FedEx’s outperformance relative to the broader market over the past year, Wall Street analysts maintain a cautiously optimistic outlook on the stock’s prospects.
A fifth consecutive oil-price increase is strengthening Exxon's cash-flow outlook while reviving inflation risk.
Brent crude just broke $95 and the August inflation print has not yet landed, which means the window to position ahead of the next dividend cycle is closing fast. Three energy companies are already converting the spike into bigger shareholder checks, and the structural reasons why they can keep doing it through an $80 pullback are worth understanding before prices move again.
By Karen Roman AIR Global PLC (Nasdaq: AIIR) said first half revenue increased 3.7% to $206.9 million due to flavored shisha molasses revenue growth of 3.4% to $204.7 million, while gross profit rose 2.4% to $116.8 million. Adjusted EBITDA was $71.7 million, flat year-over-year, related to lower shipment volumes partially offset by U.S. tariff refunds. […] The post AIR Global Reports 1H Revenue & Gross Profit Growth, Maintains 2026 Guidance appeared first on ExecEdge.
Walmart set a somber tone for the first week of retailer earnings, but that wasn’t the whole story. The big news was Walmart’s sales woes as the Bentonville, Ark.-based giant reported a same-store sales decline—the first since 2020. Target meanwhile, showed some signs of life, reflecting its turnaround efforts.
Gold (GC=F) December futures opened at $4,580 per troy ounce on Thursday, August 20, 2026, up 0.8% from Wednesday's closing price.
Bitcoin (BTC-USD) surged past $70,000 after Trump met with cryptocurrency leaders at the White House and called on Congress to pass the CLARITY Act. Yahoo Finance Fed Correspondent Jennifer Schonberger reports on who was among the two dozen attendees at the meeting and whether there is real progress on the stalled digital asset legislation.
Higher gas prices cut into Americans’ overall spending, leading to the slowest sales growth at Walmart’s US stores since the earliest months of the pandemic.
Tariff refunds couldn’t cover for comparable sales missing at 2.6%, and Target’s report the day before proved the excuse wasn’t going to fly
The company told CBS News it will direct the refunds toward groceries and general merchandise.
The Fed just named a specific market risk it had never flagged this openly, and buried inside the July minutes is a precise trigger that would force officials back into hiking mode.
Walmart stock (WMT) is dropping in Thursday's pre-market trading after releasing second quarter earnings results, outlining slowing sales growth despite the chain topping estimates and raising its full-year guidance. Morning Brief Host Julie Hyman is joined by Yahoo Finance Senior Reporter Pras Subramanian and POLITICO senior reporter Sam Sutton to talk about Walmart's outlook and its plans to use its tariff refunds to lower prices.
A late-night tariff pause between the U.S. and Canada left nothing signed and everything at stake, but three stocks are already pricing in a deal that could still fall apart before the ink dries.
Deere shares are up about 3% in premarket trading after the machinery maker's quarterly profit topped expectations despite continued weakness in its large farm equipment business. The company got back $110 million in tariff refunds during the quarter that ended Aug.
The refunds contributed $752m to net earnings and $1.65 to earnings per share (EPS).
The retailer posted 5.9% revenue growth and raised its adjusted EPS guidance for the year to $2.80–$2.87, up from $2.75–$2.85
The United Arab Emirates said late Tuesday it was halting all trade and financial transactions with Iran. President Donald Trump paused a wave of tariffs on Canada that were set to go into effect this week, saying that both countries were close to finalizing new trade terms. Countries like India, Brazil, and Mexico are set to benefit from a growing middle class that’s making EM financials look very attractive.
U. S. stock futures edged higher on Thursday after a Treasury intervention helped stabilise government bond markets and supported Wall Street in the previous session.
China urged the U.S. to remove new tariffs on drones and related parts.
Today Earnings (a.m.): Walmart, Alibaba, Deere & Co., Advance Auto Parts, Earnings (p.m.): Ross Stores Economic data: Unemployment insurance initial weekly claims, Philadelphia Fed manufacturing survey, U.
Excluding the refund, the heavy-equipment maker incurred $400 million in tariff expenses in the quarter that ended June 30.
Wall Street is booming, and that’s the problem.
Promising news from a major drug company, reports of some dovish Fed committee members, and a government bond buyback announcement combined forces to boost markets on Wednesday. The S&P 500 and the Nasdaq Composite also closed up 0.2%. The Treasury Department’s announcement this morning also helped calm the bond market—though for how long remains to be seen after the U.S. debt crossed a $40 trillion threshold on Wednesday.
<body><p>VIDEO SHOWS: n/a</p><p>STORY: Wall Street's main indexes closed modestly higher on Wednesday, with the Dow, S&P 500 and the Nasdaq all adding less than a quarter of a percent.</p><p>Risk appetite got a boost from easing government bond yields. The yield on the 30-year Treasury bond fell a day after hitting its highest level since 2007. The 10-year Treasury yield also fell. The moves came after the U.S. Treasury announced it would double the size of liquidity support buyback operations for longer-dated bonds.</p><p>Adam Coons is chief investment officer at Winthrop Capital Management.</p><p>"Stocks are, you know, marginally up today. And that's really just driven by the digestion of this yield curve control. You're seeing interest rates come down, in particular long end (long-term rates) quite a bit. And so you're probably going to see markets try to use their crystal ball to determine what's coming next. And so I would expect volatility. Today seems like a day of rest to some degree. But I would say that volatility and increased volatility heading into, you know, changes in Fed policy should be the new expectation."</p><p>Investors, however, barely reacted to minutes from the Federal Reserve's July meeting, which showed deepening concern about inflation with "several" policymakers ready to raise interest rates. "Many" said a rate hike would be needed if inflation does not lower to the central bank's 2% target.</p><p>:: Archive</p><p>Stocks on the move Wednesday included Moderna which surged almost 177% after the company said its personalized mRNA cancer therapy developed with Merck cut the risk of melanoma recurrence and spread in a late-stage trial. Merck shares also jumped about 12.5% and it was the biggest gainer in the Dow.</p><p>::Marvell Technology</p><p>Shares of Marvell Technology climbed nearly 10% after the company said it will help develop Google's in-demand custom chips and has offered the search giant the right to buy a potential $12.2 billion stake.</p><p>And shares of Target rose more than 4% after the retailer raised its annual sales forecast. Lowe's shares gained even after it trimmed its annual sales growth forecast and Estée Lauder shares jumped more than 16% after the cosmetics maker forecast annual profit above Wall Street estimates.</p></body>
General Motors (NYSE:GM) Chief Financial Officer Paul Jacobson said the automaker’s first half performed “remarkably well,” supporting an increase in full-year guidance, while cautioning that the second half faces pressures from commodity inflation, onshoring costs and vehicle launch activity. Spea