News

Anheuser-Busch InBev's Profits Plummet in Q2 Amid Bud Light Boycotts

Anheuser-Busch InBev's operating profit in North America decreases by 27% in Q2, mainly due to Bud Light boycotts. However, worldwide operating profit grows by...

Financial Institutions Suffer as Fitch Downgrades U.S. Government Debt

Fitch's decision to downgrade U.S. government debt causes shares of financial institutions to decline, highlighting regulatory concerns. Treasury Department fac...

EVgo Reports Strong Quarter Results

EV charging network and equipment provider EVgo has announced impressive financial results, surpassing Wall Street's expectations. The company's strong performa...

Slower Pace of U.S. Natural Gas Inventories Rise

The upcoming release of U.S. natural gas storage data is anticipated to reveal a smaller increase in inventories, influenced by the heatwave in Texas and increa...

The Bull Market Charges On

The S&P 500 continues its impressive climb, but August brings caution with historically challenging performance. Investors should be wary of potential hurdles i...

CAP-XX Expects Lower Revenue and Wider Loss in Fiscal 2023

CAP-XX, the Australian supercapacitor manufacturer, foresees lower revenue and a wider loss for fiscal 2023. Delayed orders contribute to the forecasted decreas...

Beijing Hit by Torrential Rain and Severe Flooding

Torrential rain in Beijing has caused severe flooding, leading to loss of lives and widespread devastation. Emergency workers and residents are working together...

WestRock to Permanently Shut Paper Mill in Tacoma

WestRock Co. is permanently shutting down its paper mill in Tacoma, Washington due to high costs and investment requirements. The closure will affect 400 worker...

Ron DeSantis Unveils Economic Platform

Ron DeSantis aims to rebuild the American Dream for the middle class with his ten-point economic plan, including addressing reckless federal spending, banning T...

Valley National Bancorp Stock Falls After Disappointing Second-Quarter Results

Valley National Bancorp's stock experiences a decline after reporting disappointing second-quarter results. Analysts express concerns about the company's challe...