News

Biggest part of U.S. economy barely grew in July, ISM finds, due to tariff knock-on effects
The large services side of the U.S. economy barely grew in July as ongoing trade wars raised costs, spurred reductions in employment and forced businesses to delay future plans until the scope of ...
These five unseen drivers could propel the bull market even higher, according to this Wall Street veteran
The biggest deterrent to bull market returns has been the "watershed destruction of U.S. confidence," says Paulsen. Since 1960, when U.S. consumer confidence has risen monthly, the S&P 500 average ...
Biggest part of the U.S. economy barely grows in July, ISM finds, due to tariff knock-on effects
The large service side of the economy barely grew in July as ongoing trade wars raised costs, spurred reductions in employment and forced businesses to delay future plans until the scope of tariffs ...
Productivity on Tap — Data Week Ahead
The following are median forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal. Forecasts were last updated Monday afternoon.
ICE Canola Higher Out of Long Weekend
WINNIPEG, Manitoba--Canola futures on the Intercontinental Exchange were on the rise coming out of the August long weekend due to stronger vegetable oils.
Pfizer boosts profit estimate, even as the drug giant absorbs tariffs
Pfizer (PFE) increased its 2025 profit outlook by 10 cents a share to a range of $2.90 to $3.10 a share, citing continued cost cuts, a lower tax rate and "confidence" that strength seen in the first ...
Palantir skeptics double down on a concern that investors have been better off ignoring
Palantir (PLTR) has bucked the skeptics, posting its eighth quarter in a row of accelerating revenue growth on Monday and predicting that the current quarter would mark the ninth. Meanwhile, its stock ...
Trump narrows Fed chair list: Bessent is out, while these two rise in rankings
During the interview, two other candidates under consideration appeared to get a boost from Trump, when he said "both Kevins" are "very good" - a reference to Kevin Hassett, the director of Trump's ...
Caterpillar expects up to $1.5 billion in tariff costs this year, and the stock is rising
In a presentation accompanying the results, Caterpillar said that it expects net incremental tariff costs of around $1.3 billion to $1.5 billion for the full year. This refers to tariffs announced in ...
Opinion
Parents are draining money from retirement accounts and home equity to pay for college. They should do this for their kids instead.
As the common application opens for the 2026-27 academic year, the parents are definitely not all right. The cost of college is skyrocketing again, and many families are being squeezed harder to cover ...
Social Security's COLA is now at risk after Trump's shock firing at the Labor Department
President Donald Trump's firing of the commissioner of labor statistics, Erika McEntarfer, on Friday raises serious risks for retirees living on Social Security, and for those with money in U.S. bonds ...
Opinion
Here's why Trump's excuses for firing the jobs-data chief don't make sense
So let's not pretend that President Donald Trump fired the commissioner of labor statistics on Friday because of these supposedly egregious errors, which he cited as examples of Erika McEntarfer's ...