Earnings

General Motors shares tumbled Wednesday as the company cited rising steel and aluminum costs as one reason for a smaller profit forecast. GM is not alone. Whirlpool, Coca-Cola and others are starting to tell the story of pain from the…

On Wednesday, we get second-quarter earnings from Alcoa, the major aluminum manufacturer. And that may offer clues about how the escalating trade battle is playing out for domestic manufacturers and workers now that tariffs on aluminum and steel are a…

Only about a quarter of public companies continue to include earnings predictions in their quarterly reports. Guidance is not required by law, and experts say it has become the tail that wags the dog. Once companies forecast earnings for the…

CEOs aren’t feeling as optimistic about the economy as they did earlier this year. A quarterly survey from the Business Roundtable shows CEOs have lowered their expectations for hiring, spending and sales over the next six months. They’re nervous about the…

Tesla stocks fell 8 percent when the market opened today following the company’s earnings call May 2. Elon Musk says Tesla will be a year late on its promise to deliver 5,000 Model 3 cars per week. Right now Tesla has more…

The fundamentals of this economy are strong right now but you wouldn’t always know it from the stock markets lately. Volatility has been the word of recent weeks. But on Friday big banks including JPMorgan Chase and Citigroup are expected…