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The Labor Department on Thursday released the March consumer price index (CPI) report, which showed inflation rose at a ...
Data from the CME Group on Friday showed raised odds the federal funds rate will fall to 3.00% to 3.25%, down from 4.25% to 4 ...
Odds of a recession jumped to 54% on the betting platform Kalshi following Trump's tariffs. Stocks tanked Thursday on trade ...
FedEx (NYSE: FDX) hit a 52-week low on March 21 after reporting earnings and slashing its full-year guidance. However, the ...
FedEx Chief Financial Officer John Dietrich said during the company's Q3 earnings call: "Our revised earnings outlook reflects continued weakness and uncertainty in the U.S. industrial economy ...
The downbeat forecast follows a strong quarter, with FedEx beating Wall ... about an expected economic showdown. Walmart also said it believes it's growth will cut by a third in 2025.
As earnings season comes to a close, corporate America’s financial outlook is only getting ... Co. analyst Brian Ossenbeck about FedEx’s guidance cut. “Management had expected a stronger industrial ...
"Our revised earnings outlook reflects continued weakness and uncertainty in the U.S. industrial economy, which is constraining demand for our business-to-business services," FedEx chief financial ...
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