Walmart plans to cover more than 250 prescriptions, including some insulin, inhalers and GLP-1s for diabetes, at no cost to its employees in 2027, the company confirmed to CNBC on Tuesday. The retailer is also expanding existing benefits and adding new ones to attract and retain workers at a time when many other employers are…
Simpleimages | Moment | Getty Images Thousands of homeowners with adjustable-rate mortgages may soon face a potential spike in the interest rate that’s applied to their loan. About 150,000 borrowers with ARMs are scheduled to see their interest rates adjust for the first time this year, with another 186,000 facing their first adjustment in 2027…
UnitedHealth Group signage on the floor of the New York Stock Exchange on April 21, 2025. Michael Nagle | Bloomberg | Getty Images UnitedHealth Group on Tuesday posted third-quarter earnings that blew past estimates and raised its full-year profit outlook, as the company continues to manage high medical costs and sees investments in value-based care…
Wells Fargo is expected to report these segment revenues Analysts are expecting Wells Fargo to report net interest income of $12.66 billion, according to consensus metrics from StreetAccount. They’re also estimating the company will report a provision for credit losses of $1.14 billion. Last quarter, CEO Charlie Scharf said the bank was “benefitting from the…
France’s parliament begins debate on the 2027 budget Tuesday as high deficits, rising debt and student protests sharpen the political cost of fiscal consolidation. The euro zone’s second-biggest economy is barreling toward a debt crisis, and risks dragging the continent down with it, unless it sustainably brings down its national deficit, according to many market…
A motorcycle rides past a banner ahead of the annual meetings of the International Monetary Fund (IMF) and the World Bank Group at the Queen Sirikit National Convention Center in Bangkok, Thailand, on October 10, 2026. Nurphoto | Getty Images BANGKOK — The International Monetary Fund has raised its forecast for global economic growth this…
American consumers have continued spending despite persistent pressure from housing costs, debt and everyday expenses. Economists have debated whether we’re still in a “K-shaped economy” — where higher-income households’ spending masks financial strain among lower- and middle-income Americans. Consumer spending resilience may be better explained by generations than by income differences, said economist Ed Yardeni,…
Delta Air Lines said it will delay the launch of its nonstop service between Atlanta and the Saudi capital Riyadh until March after several deadly attacks hit the city’s airport there. Delta planned to begin the route on Oct. 23, with an Airbus A350-900 wide-body plane, in what would have marked the first nonstop commercial…
A chicken sandwich from McDonald’s is shown in Chicago, Illinois, May 6, 2021. Scott Olson | Getty Images McDonald’s is betting on chicken and beverages to fuel its next phase of growth, but new consumer spending data suggests the fast-food giant faces stiff competition from rivals that specialize in those areas. At its September investor day,…
Brian Niccol, chief executive officer of Starbucks Corp., during a Bloomberg Television interview in New York, US, on Friday, Jan. 30, 2026. Michael Nagle | Bloomberg | Getty Images Starbucks on Monday denied that it is considering acquiring Chipotle Mexican Grill in what would be the biggest ever restaurant takeover. “Starbucks is not buying Chipotle,”…