Economy

FedEx says 'exceptional' holiday season will drive expected third-quarter earnings beat

FedEx projected higher annual revenue for fiscal 2029 and third-quarter earnings that will exceed Wall Street estimates due to an "exceptional" peak season.

Trucking and logistics stocks drop on release of AI freight scaling tool

A new tool from AI company Algorhythm Holdings has made trucking companies the latest victim of the market's AI jitters.

What the EPA's flip on climate change means for automakers

Automakers have long criticized emissions regulations they consider too restrictive. Some auto industry analysts say backing off EVs will isolate America.

Office real estate stocks tumble as AI disruption casualties in the stock market grow by the day

CBRE and Jones Lang LaSalle were among those hit, dropping double digits amid fears of AI disruption.

European markets close mixed as investors digest big batch of earnings

European stocks closed mixed on Thursday as investors assessed another big batch of earnings reports.

The stock market is expected to move big on Friday’s CPI. Here are the possible scenarios

Under the most likely scenario for the consumer inflation reading, the JPMorgan trading desk sees the S&P 500 gaining 0.25% to 0.75%.