A print copy of "The 38 Letters from J.D. Rockefeller to his son: Perspective, Ideology and Wisdom" purchased on Amazon.CNBCThe mystery around a top-selling Amazon book attributed to John D. Rockefeller has grown to include a university publisher, which denies any involvement in the book despite being listed as its...
Day: January 29, 2025
Starbucks earnings top estimates, but same-store sales decline for fourth straight quarter
Starbucks on Tuesday reported that its same-store sales slid for the fourth consecutive quarter, but the company's quarterly earnings and revenue beat Wall Street's expectations.The coffee giant kicked off a turnaround plan last quarter in the hopes of reviving its U.S. business, which has slumped over the past year."While we have room...
Small investors bought the dip in Nvidia by a record amount Monday
CFOTO | Future Publishing | Getty ImagesRetail investors rushed into Nvidia on Monday, signaling Main Street support for the chipmaker despite the emergence of an artificial intelligence model from China that battered its shares and caused a historic, $600 billion loss in market value.Everyday traders bought more than $562 million...
The Fed meets for the first time since Trump’s term started. Here’s what to expect
US Federal Reserve Chairman Jerome Powell speaks at a press conference after the Monetary Policy Committee meeting in Washington, DC, on December 18, 2024. Andrew Caballero-Reynolds | AFP | Getty ImagesThe Federal Reserve gathers this week for the first time in the second presidential term of Donald Trump, who has already...