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Dow futures jump rise 300 points on tentative hope U.S.-Iran deal is close: Live updates CNBCStock Market Today: Dow Up 300 Points On U.S.-Iran Deal Hopes; Oil Prices Tumble (Live Coverage) Investor's Business DailyWall Street Set for Gains as Iran Peace Hopes Hold: Markets Wrap Bloomberg.comWall St futures rise on Iran peace hopes despite fresh U.S. strikes Investing.com
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Cavs face decisions on James Harden, Donovan Mitchell and Kenny Atkinson after Knicks' sweep The New York TimesWhat's next for Cavaliers? No one is safe after going all in, so what does that mean for LeBron James? CBS SportsWhat's next for the Cavs? A lack of control — and a frustrated owner — complicates things The New York Times‘Didn't give ourselves a chance': Cavs react to season-ending loss FOX 8 News
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An Election Denier Might Be Georgia's Next Governor The New York TimesEverything to know about Georgia's June runoff election Atlanta News FirstWho leads the Georgia governor runoff? New polls released after primary Savannah Morning NewsRunoffs go off: What's settled and unsettled in Georgia's midterm primary elections WABEExplore how your community voted i
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2026 AMAs full coverage: BTS wins Artist of the Year as New Kids on the Block and Keith Urban bring the nostalgia YahooThe Best, Worst and Most Oops Moments of the 2026 AMAs People.comWinners Announced for the 52nd American Music Awards American Music AwardsAll of the 2026 AMAs Performances, Ranked BillboardBTS crowned Artist of the Year at American Music Awards BBC
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Texas' raucous primary runoffs end today. Here's what to watch. The Texas Tribune5 Races to Watch in Texas Runoffs on Tuesday The New York TimesTexas runoff Election Day 2026 key races to know for El Paso voters El Paso TimesDaily Briefing: A Texas election to watch USA Today2026 Texas primary runoff election results CBS News
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Iran's Khamenei Says No Going Back For Middle East Rocked by War Bloomberg.comMiddle East crisis live: US will no longer have safe haven in region, warns Iran's supreme leader after strikes The GuardianMiddle East live: US will no longer have safe haven in region, warns Iran's Khamenei after strikes France 24Iran war latest: No safe haven for US forces in region, says supreme leader The Times
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5 Races to Watch in Texas Runoffs on Tuesday The New York TimesHere's what to watch for in the Texas primary runoff election today CBS NewsRaces to watch in Texas's primary runoffs: Cornyn-Paxton, Chip Roy's attorney general bid, House contests The HillTexas' raucous primary runoffs end today. Here's what to watch.
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BTS Wins Artist of the Year at 2026 American Music Awards; Taylor Swift Goes 0-8 Billboard2026 AMAs full coverage: BTS wins Artist of the Year as New Kids on the Block and Keith Urban bring the nostalgia YahooWinners Announced for the 52nd American Music Awards American Music AwardsBTS Wins 2026 American Music Award's ‘Song Of The Summer' For ‘SWIM' Forbes
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Trump demands more countries sign Abraham Accords as part of Iran deal France 24A ruse, a brave gamble or a fantasy? Why Trump's most puzzling Iran move yet is unlikely to work CNNTrump says it should be ‘mandatory' for more countries to join the Abraham Accords as part of Iran deal NBC NewsTrump asked Muslim leaders to sign peace deal with Israel after Iran war ends Axios
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Ebola in DR Congo: Fast response needed to stop 'catastrophe', DR Congo governor sayss BBCNew Ebola Vaccine Could Help With Rapidly Spreading Outbreak (Live Updates) ForbesDoctors, Hospitals Struggle to Keep Up With Ebola's Spread WSJDRC is no stranger to Ebola outbreaks. Why isn't there a vaccine or treatment to help now? CNN
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The bond market is telling us the free lunch is over AxiosSee more headlines & perspectives on Google News
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Live Updates: Massive blast ruled out at California chemical leak in Orange County as officials say crisis is "not over" CBS NewsLive updates: Evacuation map reduced, thousands of residents can return home NBC Los AngelesGarden Grove evacuation area significantly reduced, thousands still remain displaced KTLA
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Investors have plenty of worries - chief among them inflation and a potential recession. But the engine that ultimately drives the stock market is corporate profits. As long as earnings growth stays on track, then corporate America—and by extension, your stock portfolio—remains on solid ground.
Which is why the recent earnings preview from FedEx (FDX) was so unnerving. While the official report for the quarter ended August 31 comes out Thursday, FedEx warned on September 15 that it would have bad news, with quarterly results severely impacted deteriorating economic trends in Asia, Europe and the U.S. FedEx stock was immediately penalized, and is down more than 20% since this pre-announcement.
The key question for every investor is whether the shipping giant is suffering from a company-specific malaise or whether FedEx's problems are a broad-market bellwether portending widespread doom. "FedEx is no ordinary economic actor, as its business literally touches every corner of the global economy" says Sheraz Mian, director of research for Zacks, an investment research firm.
A Downgrade for FDX
Analyst Colin Scarola, at investment research firm CFRA, suspects that part of the problem at FedEx is that it failed to adjust operations in its Express division (50% of revenues) as more international passenger flights, which transport some air freight as well, came back online after the pandemic-related slowdown, raising competition. "We don't doubt that some of the poor performance is related to ongoing global economic headwinds and high inflation worldwide. But the extent of the decline at Express leads us to believe that poor operational execution is also at play," says Scarola, who has
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There's no way to sugarcoat this: Small and midsize businesses should be scared to death about the consequences of the Inflation Reduction Act. Unless they provide goods and services to the green energy industry, the law's unforeseen consequences could increase their operating expenses in two ways. Here's what to expect — and how to prepare.
SEE MORE Audit-Proof Your Small Business
The Inflation Reduction Act is essentially a climate change law with some health care benefits. While the new legislation doesn't include any direct tax increases on small and midsize businesses, some of its provisions have the potential to raise costs for these companies significantly.
First Reason Why Cost of Business Could Be Going Up
For one, your chances of being audited may be going up. The new bill substantially expands the Internal Revenue Service's budget: More than half of the $80 billion increase in the IRS budget over 10 years will be used to beef up enforcement through new technology and new hires. That means more audits for companies that are the least able to financially manage them. I worry for businesses that gross $5 million or less since they usually don't have excess funds to pay a lawyer $50,000 to fight the IRS if their matter proceeds to court.
In a letter to the Senate, the agency's commissioner said, "These resources are absolutely not about increasing audit scrutiny on small businesses or middle-income Americans." Even so, with the hire of new auditors, it's likely that people with little or
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