Prosecutors set to weigh in on fate of Trump New York hush money case
Economy

Prosecutors set to weigh in on fate of Trump New York hush money case

Former U.S. President Donald Trump speaks to members of the media amid his trial on charges of covering up hush money payments linked to alleged extramarital affairs, at Manhattan Criminal Court in New York City, on May 16, 2024. Angela Weiss | Via Reuters The Manhattan District Attorney’s Office told a judge Tuesday that it […]

How much money you’d have now if you invested $1,000 in Walmart 10 years ago
Economy

How much money you’d have now if you invested $1,000 in Walmart 10 years ago

On Tuesday, Walmart announced its fiscal third quarter results as the retail giant promotes its ongoing Black Friday and Cyber Monday holiday shopping events next week. The company reported revenue of $169.59 billion for the period, which beat analysts’ expectation of $167.72 billion, according to LSEG consensus estimates. Additionally, Walmart reported earnings per share of […]

Trump and company liable for fraud in New York lawsuit, judge rules
Economy

Trump and company liable for fraud in New York lawsuit, judge rules

Former President Donald Trump, a 2024 presidential hopeful, arrives at a Team Trump Iowa Commit to Caucus event at Jackson County Fairgrounds in Maquoketa, Iowa, on Sept. 20, 2023.Scott Olson | Getty ImagesA judge on Tuesday ruled that Donald Trump and his company are liable for fraud by misstating the true values of multiple real… […]

Cramer says Amazon and Google stocks are still buys, despite antitrust lawsuits
Economy

Cramer says Amazon and Google stocks are still buys, despite antitrust lawsuits

CNBC’s Jim Cramer on Tuesday shared his opinions on two antitrust lawsuits involving tech giants Amazon and Alphabet-owned Google, contending that neither company is a true monopoly.The Department of Justice filed a suit against Google alleging the company violated anti-monopoly law through agreements with mobile phone and browser manufacturers — namely a multibillion-dollar contract with… […]

Costco tops quarterly earnings expectations, even as sales remain soft
Economy

Costco tops quarterly earnings expectations, even as sales remain soft

Exterior view of a Costco store on August 18, 2020 in Teterboro, New Jersey.Kena Betancur | Corbis News | Getty ImagesCostco on Tuesday reported quarterly earnings that topped Wall Street’s expectations, as shoppers turned to the membership club for groceries but bought fewer big-ticket items.On an earnings call, Chief Financial Officer Richard Galanti said shoppers… […]