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Abercrombie & Fitch has lifted its fiscal 2026 (FY26) sales and profit outlook after recording robust second quarter (Q2) results, bolstered by approximately $100m in US tariff refunds.
Investors' dreaded enemy — inflation — is already hovering around 3.4%. That's the highest level in years. What's the solution?
Dollar General lifted its outlook for the year as profit and sales climbed in the latest quarter, boosted by consumers’ continued reliance on the company for low-cost goods.
Semiconductor ETFs rallied following Nvidia’s results, with SOXX and SMH both gaining in early morning trade.
Dexcom CEO Jake Leach said he is watching for a decision by the federal health insurance program before the end of the year.
Think Treasurys are having a rough summer? It's even uglier abroad. Countries with large debt burdens—France, Italy, the U.K., Japan—have come under the heaviest pressure in recent months. The forces fueling the overseas rout include renewed inflation fears, fiscal woes in France, pressure on the Japanese yen and budget worries in the U.
By Pete Schroeder WASHINGTON, Aug 27 (Reuters) - Wall Street's most powerful banks fought side by side for years to relax capital rules, but with victory in sight, that alliance has fractured.
Treasury Secretary Bessent's decision to expand the Treasury Department's bond buyback program makes interest rate increases a little more likely.
Today Fed Jackson Hole conference: The central bank’s annual Wyoming conference runs through Saturday. It will be closely watched for hints on Fed Chairman Kevin Warsh’s economic outlook. Earnings (a.
Past recessions offer an important lesson for long-term investors.
Asian chip firms rallied Thursday following more blockbuster earnings from Nvidia that eased worries over the AI investment boom, though the euphoria was tempered by US data showing stubbornly high inflation.Nvidia is considered the bellwether for the AI spending frenzy, with its results largely determined by mega purchases from AI giants such as OpenAI, Amazon, Microsoft and xAI. The firm has led an eye-watering rally by tech firms over the past year and in October became the first to hit a mar
Agilent Technologies (NYSE:A) reported third-quarter fiscal 2026 revenue of $1.88 billion, with core revenue growth of 7.3%, exceeding the high end of its guidance range. The company said earnings per share were $1.56 excluding tariff-refund benefits, up 14% from a year earlier and $0.06 above the t
The S&P 500 edges lower despite favorable NVIDIA results and stable core PCE inflation. Here's the breakdown.
On Aug. 26, 2026, hotter-than-expected July inflation and rising bond yields shifted rate-cut expectations, weighing on chip stocks ahead of Nvidia's earnings.
The facilities will add more than 500,000 square feet of air cargo space as India looks to more than double its national handling capacity by 2030.
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe
By Jamie McGeever ORLANDO, Florida, Aug 26 (Reuters) - The dollar and U.S.
ANF posts 5% sales growth and a 600-basis-point operating margin surge, but a one-time $100 million tariff benefit masks underlying flat comparable sales.
The U.S. stock market drifted through a quiet day of trading after a report said inflation last month was a touch worse than economists expected. The Dow Jones Industrial Average dipped 0.2%, and the Nasdaq composite slipped 0.1%. Treasury yields ticked higher following the update on inflation, which has traders still mostly betting the Federal Reserve will hike the federal funds rate by the end of this year.
US equity indexes ended lower Wednesday as most government bond yields rose after the Federal Reserv
By Saeed Azhar, Purvi Agarwal and Niket Nishant NEW YORK, Aug 26 (Reuters) - Wall Street's main indexes closed nearly flat to slightly lower on Wednesday after a U.S. inflation reading came in hotter
<body><p>STORY: :: Parent of teen says 'very pleased' with Meta settlements on child safety</p><p>:: Oakland, California / August 26, 2026</p><p>:: Victoria Hinks, Daughter died by suicide at age 16</p><p>“No amount of money is ever going to bring my beautiful daughter back. I miss her every day. It's the first thing I think of when I wake up. Last thing I think of, she should be going off to college. She would have graduated from high school. We live local, we live in Marin. She would have graduated from Redwood High School. She should be going off to college. Instead, I visit her every day in the cemetery in back of our house.” // "Mark Zuckerberg does not want to go up against and see all the information that they have. So, I'm very pleased. There's lots of lawsuits coming for these companies. Lots of parents, and yeah, I am satisfied. I feel like there's, like justice is possible. So yeah.”</p><p>The settlements announced on Wednesday end a federal trial that had been one of the highest-profile tests of allegations that social media companies harm children.</p><p>While Meta will not undergo a fundamental overhaul, the accords represent a sweeping effort to define how it serves young users.</p><p>Meta agreed for the next decade to restrict teenagers' use of Facebook and Instagram to two hours a day and block all usage from midnight to 6 a.m., absent parental consent.</p><p>These limits could be tightened if other social media companies adopt similar terms. Meta will also enhance measures to prevent children from accessing age-restricted content.</p><p>The settlement does not require Meta, which denied wrongdoing in agreeing to settle, to abandon personalized recommendations or targeted advertising. The total payout represents about three to four months of profit for the Menlo Park, California-based company.</p></body>
Williams-Sonoma stock dropped on Wednesday even though the home specialty retailer delivered a beat-and-raise quarter in tough times for housing. The stock is up 25% this year, but down 11% from its all-time closing high of $251.78 on Aug. 7, according to Dow Jones Market Data. While other retailers are logging tariff refunds, Williams-Sonoma is feeling a sting.
(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first pa
Kevin Warsh came in as the Fed chair Wall Street hoped would ease up on rates, but the latest inflation report is making that narrative extremely uncomfortable for the White House.
Abercrombie & Fitch (ANF) raised its full-year outlook on Wednesday as tariff-related refund benefit
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