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Tariff refunds unlikely to benefit consumers, CNBC CFO Council survey finds
Stocks News

Tariff refunds unlikely to benefit consumers, CNBC CFO Council survey finds

President Donald Trump’s tariff agenda was struck down by the Supreme CourtĀ earlier this year, and a judge laterĀ orderedĀ the government to prepare to potentially pay billions of dollars in refunds to importers who paid the tariffs. But companies do not plan to share any tariff refunds with customers, according to a majority of chief financial officers […]

McDonald's to add refreshers, crafted sodas to U.S. menus
Stocks News

McDonald's to add refreshers, crafted sodas to U.S. menus

McDonald’s will add refreshers and crafted sodas to its menu in the United States starting this month, the firm told Reuters in a statement on Monday. The additions come about a year after the fast food giant shut down its five beverage-centered CosMc’s concept stores in the U.S., which the organization commented it had opened […]

Texas attorney general probes Lululemon over potential 'forever chemicals' in its activewear
Stocks News

Texas attorney general probes Lululemon over potential 'forever chemicals' in its activewear

Texas Attorney General Ken Paxton has launched an investigation into athleisure brand Lululemon over the potential presence of “forever chemicals” in its activewear, he remarked on Monday in a post on social-media platform X. The probe will examine whether Lululemon’s athletic apparel contains PFAS, which the brand’s health-conscious customers would not expect based on its […]

Here's 1 move experts agree is essential for navigating financial uncertainty
Stocks News

Here's 1 move experts agree is essential for navigating financial uncertainty

Rising gas prices and marketplace volatility driven by the war with Iran are fueling financial uncertainty. Add to that the daily barrage of headlines warning that an AI-bot is about to take your job, and it’s understandable if you’re feeling uncertain about the state of your finances. Regardless of whether your worst fears come true […]

IRS publishes list of occupations that qualify for 'no tax on tips' provision
Stocks News

IRS publishes list of occupations that qualify for 'no tax on tips' provision

The U.S. Department of the Treasury and Internal Revenue Service on Friday released further guidance for taxpayers who may benefit from the “no tax on tips” provision enacted via President Donald Trump’s “big beautiful bill,” which was signed into law in July. Despite the name of the provision, tipped earnings may still be taxed in […]

BlackRock raises view on U.S. stocks on belief that war is over, profits are up
Stocks News

BlackRock raises view on U.S. stocks on belief that war is over, profits are up

Asset management giant BlackRock has raised its outlook for U.S. stocks, reasoning that contained impacts from the Iran war and strong corporate earnings will create a favorable backdrop. With earnings season just getting underway, S&P 500 companies are expected to post a collective 12.6% income growth for the first quarter. Asset management giant BlackRock raised […]

U.S. begins blockade in Strait of Hormuz; Trump warns Iran 'attack ships' to stay away
Stocks News

U.S. begins blockade in Strait of Hormuz; Trump warns Iran 'attack ships' to stay away

The U.S. mentioned it began blocking ships from entering or exiting Iranian ports near the Strait of Hormuz at 10 a.m. ET. President Donald Trump slammed Iran for refusing to give up its nuclear ambitions. Trump noted he wants Iran to both negotiate with the U.S. and reopen the strait to safe ship passage. The […]

Wall Street still loves streaming, but are its affections well placed?
Stocks News

Wall Street still loves streaming, but are its affections well placed?

Streaming companies have raised the prices of their services, cracked down on password sharing and delved into the ad-supported space To reach profitability. While streaming results continue to drive media stocks, especially around quarterly earnings, it’s not clear when it will start driving profits for the smaller players. On Wall Street, Netflix is the gold […]

The Iran war is compounding California's energy crunch
Stocks News

The Iran war is compounding California's energy crunch

Global energy prices are rising as traffic through the Strait of Hormuz remains more than 90% below where it was before the Iran war broke out Feb. 28. While the U.S. remains insulated to a certain extent, domestic prices are also moving higher — especially in California. Furthermore, experts in earnings report note the continued […]

Oracle pops nearly 12%, leading bounce back rally in software stocks
Stocks News

Oracle pops nearly 12%, leading bounce back rally in software stocks

Oracle rallied 11%, leading a bounce in software stocks as hopes mounted for a peace deal between the U.S. and Iran. Software stocks have sold off this year on AI disruption fears and default risk concerns in private credit. Oracle’s stock surged nearly 12% as software shares, beaten down by artificial intelligence disruption fears, clawed […]

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