The U.S. stock market was slumping Friday, with the S&P 500 on track for its worst quarterly performance since 2022 amid investor fears that tariffs will hurt growth and increase inflation. The S&P 500 has dropped 6.1% so far this month, putting it on track...
CEO says consumer and retail environments remain ‘choppy’ Kimberly-Clark Corp.’s stock fell 3.9% Tuesday, after the parent to consumer brands including Huggies, Kleenex and Scott toilet paper posted weaker-than-expected sales for its second quarter to offset a profit...
Mortgage rates rose for the fifth week in a row, as the Federal Reserve holds interest rates steady. The 30-year fixed-rate mortgage rose and averaged 7.22% as of May 2, according to data released by Freddie Mac on Thursday. That’s up 5 basis points from the previous...
