Stock market today: Live updates

Traders work on the floor of the New York Stock Exchange during morning trading on April 29, 2024 in New York City.  Michael M. Santiago | Getty Images News | Getty Images Stocks tumbled on Tuesday to close out a losing month after higher-than-expected wage data raised fresh inflation concerns ahead of the Federal Reserve’s … Read more

Companies from McDonald’s to 3M warn inflation is squeezing consumers

McDonald’s employee giving change to a customer. Jeffrey Greenberg | UIG | Getty Images Some of America’s best-known corporations are saying their consumers are being pinched by inflation as prices continue rising. Inflation has dominated corporate America’s discourse over the past three years following the pandemic-induced easing of monetary policy and trillions of dollars in … Read more

Coca-Cola (KO) Q1 2024 earnings

A Coca-Cola building in Zagreb, Croatia, Nov. 8, 2023. Denis Lovrovic | AFP | Getty Images Coca-Cola on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations. The beverage giant also raised its full-year outlook for organic revenue. Shares of the company fell less than 1% in premarket trading. Here’s what the company reported … Read more

Stock market today: Live updates

Traders work on the floor of the New York Stock Exchange during morning trading on April 29, 2024 in New York City.  Michael M. Santiago | Getty Images News | Getty Images Stocks edged higher on Monday, lifted by gains in some megacap technology stocks as traders entered a week dominated by corporate earnings and … Read more

Buffett loves stocks with dividend, but Berkshire doesn’t pay one — Here’s why

Warren Buffett is a fan of buying dividend-paying stocks, but his conglomerate Berkshire Hathaway doesn’t offer a payout itself, despite its tens of billions cash. A regular dividend is a way to reward shareholders by distributing a portion of a company’s earnings, often quarterly, in the form of cash. Sometimes companies even offer a small … Read more

Gatorade expands into new products including plain water

As Gatorade approaches its 60th birthday, the brand is staying spry, branching out into new categories from unflavored water to energy drink mixes. Since its founding in 1965, Gatorade has been the dominant sports drink. It accounted for 63.5% of the U.S. sports drink market in 2023, according to Euromonitor International data. Owner PepsiCo’s archrival … Read more

Top Wall Street analysts pick these dividend stocks for enhanced returns

Investors looking to enhance their portfolio returns can opt for a combination of growth and dividend stocks. Choosing the right dividend stock by analyzing multiple factors can be complex for investors. However, recommendations from analysts can help inform investors’ research and guide them toward lucrative dividend stocks from companies with strong fundamentals. Here are three … Read more

Inflation vs. deflation: Retailers fear falling prices

A man with a paper bag of groceries looks surprised and upset at a receipt from a supermarket with high prices against the background of an escalator with customers in the shopping center.  Elena Perova | Istock | Getty Images Just ahead of the holiday season, Walmart had encouraging news for inflation-weary shoppers: Prices on … Read more

Brainard amplifies ‘shrinkflation’ as latest White House battle

Director of the National Economic Council Lael Brainard speaks during the daily press briefing at the White House January 11, 2024 in Washington, DC. Brainard fielded a range of questions about the economy and inflation. Drew Angerer | Getty Images National Economic Council Director Lael Brainard on Tuesday blamed higher consumer prices on “shrinkflation,” doubling … Read more

CEO says inflation is moderating in most markets

Jame Quincey, CEO of Coca-Cola Co., speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 18th, 2023.  Adam Galica | CNBC Inflation is moderating in most markets, after a stretch in which the beverage maker relied on price hikes to drive higher revenue, Coca-Cola CEO James Quincey said Tuesday. Coke reported its … Read more