NEW YORK (AP) — Exxon Mobil’s second-quarter profit dropped to the lowest level in four years and sales fell as oil prices slumped as OPEC+ ramped up production. The Texas oil driller still topped Wall Street profit expectations Friday and shares rose slightly before the opening bell, ...
NEW YORK (AP) — Between rising prices and dwindling job growth, using “buy now, pay later” on everything from concert tickets to fast food deliveries is becoming increasingly appealing. But greater use could also mean greater trouble, as more people fall behind on repaying these ...
WASHINGTON (AP) — The U.S. economy expanded at a surprising 3% annual pace from April through June, bouncing back at least temporarily from a first-quarter drop that reflected disruptions from President Donald Trump’s trade wars. Still, details of the report suggested that U.S. consumers ...
NEW YORK (AP) — As a child, Heidi Barley watched her family pay for groceries with food stamps. As a college student, she dropped out because she couldn’t afford tuition. In her twenties, already scraping by, she was forced to take a pay cut that shrunk her salary to just $34,000 a ...
Starbucks said Tuesday it’s confident that new products coming next year -- including a cold foam protein drink, coconut water-based beverages and improved baked goods -- will help turn around the company’s lagging U.S. sales. In the meantime, slow U.S. demand continues to be a drag on ...
NEW YORK (AP) — Investors occasionally scoop up shares of companies whose financial prospects appear dim. The consensus around such companies is that the shares should, if anything, fall further. But they suddenly get touted in online forums and take off for no fundamental reason. Wall Street ...