Costco’s results beat expectations. Here’s why investors are still cautious.
Tariff refunds helped deliver a profit beat during Costco’s fourth quarter.
Tariff refunds helped deliver a profit beat during Costco’s fourth quarter.
The S&P 500 Index ($SPX) (SPY) is up +0.89%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.81%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.95%. E-mini S&P futures (ESU26) are up +0.82%, and September E-mini Nasdaq futures (NQU26) are up +0.85%. Stock indexes are trading higher today, supported by today’s decline of more than -2%…
By Erik Hertzberg (Bloomberg) — Canada’s trade surplus widened to its largest in four years as the country’s energy, metals and mineral sectors helped fill global supply gaps left by disruptions in the Strait of Hormuz. The country’s trade surplus hit $4.2 billion up from $3.4 billion in April, Statistics Canada reported on Tuesday. That’s…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. August 04, 2026 Federal Reserve Board announces approval of the application by Coastal Bend Bancshares, Inc. For release at 4:30 p.m. EDT The Federal Reserve Board on Tuesday…
The government’s recently announced roadmap of reforms promises to revolutionise the home buying and selling process. It follows two major consultations, which sought the views of professionals working across the property market to help shape what will be the biggest shake-up of the market in a generation, increasing clarity, certainty and confidence that transactions will…
President Donald Trump on Monday pushed back on growing calls for greater regulation of artificial intelligence, and lashed out at Anthropic CEO Dario Amodei following his urgent plea for an AI slowdown. “The only control or ‘guardrails’ that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that, in spades!”…
Key Points Social Security’s highly anticipated 2027 cost-of-living adjustment (COLA) will be revealed on Oct. 14. Thanks to a pair of President Donald Trump’s policies, Social Security’s 2027 raise should be among the largest since 1993. Though an outsize Social Security COLA can benefit tens of millions of seniors next year, it can further weaken…