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By Matt GrossmanConsumer sentiment declined in September, according to the University of Michigan's monthly survey, but the mood improved from the survey's preliminary reading.The numbers underscore the degree to which high energy prices sour Americans' view of the economy, even in a time when othe…
By Matt GrossmanConsumer sentiment declined in September, according to the University of Michigan's monthly survey, but the mood improved from the survey's preliminary reading.The survey's headline index landed at 48.1, versus 47.8 in its initial September reading published earlier this month. That…
Costco Wholesale (NASDAQ: COST ) released fourth-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. This content is powered APIs. For comprehensive financial data and transcripts, visit Access the full call at Summary Costco Wholesale Corporation reported strong finan
EXECUTIVE SUMMARY * TRUMP HAILS IRAN TALKS EVEN AS TEHRAN SETS 'FIRM POSITIONS': #0244e48b-2945-4b3b-8085-728a924ddf38 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH: WSJ: #cddd3044-ae77-4efa-9233-fb28b1e6f368 * NAGEL SAYS 'VIGILANT' ECB MAY NEED MILDLY RESTRICTIVE RATES: #13be4029-5b8c-40
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
U.S. stock futures were modestly higher early Friday as investors awaited August consumer price inflation data. The body also cited elevated Brent and WTI crude prices, the ECB’s 25-basis-point rate hike and several earnings reports later in the day.
U.S. retail sales fell 0.6% in July versus expectations for a 0.1% gain, consumer sentiment dropped to 51, and Treasury yields climbed as small caps held up while tech lagged.