Mondelez Says Wary US Shoppers Are Cutting Back on Snacks

Apr 29, 2025 | Markets

Mondelez International Inc. posted slower-than-expected sales growth as worries about inflation and the economy push US consumers to prioritize essentials over cookies, crackers and sweets. The owner of the Oreo, Ritz and Cadbury brands said organic revenue, which...

US Consumer Confidence Keeps Falling on Trump’s Trade War

Apr 29, 2025 | Markets

As President Donald Trump notches the first 100 days of his second presidency, the general assessment on Tuesday of the 78-year-old Republican’s performance for consumers, companies, the economy and workers was less than celebratory. US consumer confidence fell to an...

Altria Reaffirms Guidance as Cigarette Sales Drop Nearly 14%

Apr 29, 2025 | Markets

Altria Group Inc. reaffirmed its full-year profit guidance even as the Marlboro maker wrestles with weak cigarette and oral tobacco product sales. The company still expects full-year 2025 adjusted diluted earnings per share growth of 2% to 5%, it said in a statement....

Capital Group and KKR Launch Their First Two Public-Private Investment Solutions and Announce Plans to Expand Their Exclusive Strategic Partnership

Apr 29, 2025 | Markets, Private Markets, Recommended

Subsequent strategies will include two public-private equity-oriented solutions, expected to launch in the U.S. in 2026 Work is underway to extend access for individuals interested in private markets through vehicles such as model portfolios and target date funds LOS...

Slow Shift Out of Treasuries Is Likely, German Debt Chief Says

Apr 29, 2025 | Markets

Investors spooked by the upheaval caused by President Donald Trump’s trade tariffs are likely to gradually shift away from US Treasuries, according to the co-head of Germany’s debt agency. “The political uncertainty is not appreciated,” Tammo Diemer told reporters on...