Federal Reserve Chair Kevin Warsh speaks during a news conference at Federal Reserve Headquarters on July 29, 2026 in Washington, DC. Win McNamee | Getty Images Wall Street has a clear takeaway from this week’s Federal Reserve decision: A hike is likely on the horizon as inflation remains a top priority. The Fed opted to…
A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC Shares of Carvana fell drastically during after-hours trading Wednesday after the company reported full-year guidance that failed to meet some of Wall Street’s expectations for the auto retailer. Carvana’s stock fell by more than 20% shortly after the company reported its…
Starbucks on Wednesday raised its full-year outlook after reporting its fourth straight quarter of same-store sales growth. For fiscal 2026, Starbucks now expects adjusted earnings per share in a range of $2.55 to $2.65, up from its prior outlook of $2.25 to $2.45 per share. It now also projects global same-store sales will rise nearly…
A customer prepares to eat at the first Chipotle fast-food restaurant in northeastern Mexico on its opening day in San Pedro Garza Garcia, Mexico, July 16, 2026. Daniel Becerril | Reuters Chipotle Mexican Grill is expected to report its second-quarter earnings after the bell on Wednesday. Here’s what Wall Street analysts surveyed by LSEG are…
Shares of telehealth company Hims & Hers Health fell sharply Wednesday after the Federal Trade Commission sued the company, alleging it misled consumers about privacy protections, billing practices and subscription cancellations. The FTC, joined by Los Angeles County and Utah, alleged Hims & Hers shared users’ sensitive health information with online advertising platforms including Meta…
The Federal Reserve kept interest rates unchanged Wednesday, but the central bank’s latest policy decision could still have significant implications for household budgets. Higher energy prices stemming from the Iran conflict may have lasting inflationary effects, which likely contributed to the Fed’s decision to leave rates on hold as policymakers wait to gauge the economic…
Customers enter a Taco Bell restaurant in La Cañada Flintridge, California, on July 14, 2026. Mario Tama | Getty Images Yum Brands is expected to report its second-quarter earnings before the bell on Thursday, but executives will likely face more questions about how the cyclosporiasis outbreak tied to Taco Bell is hitting its business during…
Cheng Xin | Getty Images News | Getty Images Humana on Wednesday reported second-quarter results that topped estimates, as the health insurer’s spending on medical services came in line with expectations. The company also maintained its 2026 adjusted profit outlook of at least $9 per share. The earnings beat was driven by strength across Humana’s…
Today’s workers entering retirement face one big dilemma: What is the best way to turn their nest eggs into a steady stream of income? One traditional approach — the 4% rule, whereby retirees can withdraw that portion of their portfolio in their first year of retirement and then adjust that rate for inflation thereafter —…
Boxes of Tide Pods laundry detergent are displayed at a Costco Wholesale store on May 15, 2026 in San Diego, California. Kevin Carter | Getty Images Procter & Gamble on Wednesday reported mixed quarterly results, as underwhelming demand for its products resulted in weaker-than-expected sales. Shares of the company fell roughly 3% in morning trading….