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Walmart CEO John Furner, left, and Target CEO Michael Fiddelke. Walmart (L) | Getty Images (R) When Walmart and Target report holiday earnings this quarter, investors may quickly brush off those results. Instead, they will likely focus more on the two big-box retailers’ futures under new CEOs and the outlook for U.S. consumers in 2026. […]
David Zaslav just pulled off one of the greatest media mergers of the century — but that doesn’t mean he’s done wheeling and dealing. The wily CEO of Warner Bros. Discovery has sold the media giant for $72 billion — more than doubling its value in a matter of months. He may get even more, […]
A key rotation away from artificial intelligence stocks may be underway in the market. According to Astoria Portfolio Advisors’ John Davi, a broader range of stocks are getting a “green light” because liquidity is returning to the system. “The Fed cut rates four times last year. They cut rates twice already. They’re going to go again […]
Last week, some of the nation’s top CEOs talked and laughed with President Trump while enjoying dinner at the White House, chewing over a US economy that the president claims is headed for growth not seen since the days of the Gipper back in the 1980s. But privately, many left that night wondering if the president really […]
U.S. President Donald Trump and first lady Melania Trump walk to the Rose Garden of the White House to hold a signing ceremony for the Take it Down Act, in Washington, D.C., U.S., May 19, 2025. Kevin Lamarque | Reuters U.S. President Trump will host two dozen high-profile tech and business leaders for an inaugural […]
The markets have been loving Donald Trump’s latest 180 on trade. He now seems to be going softer on tariffs after the markets rebelled against his earlier hard-line approach. But On The Money has learned that business leaders — those who make decisions on spending on investment as well as hiring and firing people — are […]
A Delta Airlines and American Airlines plane are seen at Ronald Reagan Washington National Airport in Arlington, Virginia, on July 1, 2023. Stefani Reynolds | AFP | Getty Images Airlines are cutting their first-quarter profit and sales estimates, warning that a weaker economic backdrop is weighing on travel demand. Ahead of a JPMorgan industry conference, […]
Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021. Andrew Kelly | Reuters Shares of electric vehicle maker Lucid Group were down more […]
