Tag: Wall Street
U.S. inflation picked up as gas prices marched higher due to...
WASHINGTON (AP) – U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability...
Mortgage rates reach highest level in more than 14 months
Mortgage rates rose for the third week in a row, pushing the average long-term U.S. home loan rate to its highest level in over...
Fed Chair Warsh signals rate hikes may be needed with inflation...
JACKSON HOLE, Wyo. (AP) – Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may...
General Dynamics Electric Boat parent’s Q2 profit jumps 14%
NORTH KINGSTOWN – General Dynamics Corp., the parent company of General Dynamics Electric Boat, posted a $1.16 billion profit in the second quarter, a...
Textron posts $248M profit in Q2
PROVIDENCE – Textron Inc. reported a $248 million profit in the second quarter, a slight increase from $245 million a year ago.
The company on Tuesday posted...
Magic: The Gathering powers Hasbro to $160.9M Q2 profit
PAWTUCKET – Hasbro Inc. on Tuesday reported a second-quarter profit of $160.9 million driven by a strong performance from Magic: The Gathering, after posting an...
Citizens’ 2Q profit increases 34.6%
PROVIDENCE – Citizens Financial Group Inc. on Thursday posted a $587 million profit for the second quarter of 2026, up 34.6% year over year. The increase was...
Aspen Aerogels affirms plan to restart E.P. plant; Q1 loss narrows...
NORTHBOROUGH, Mass. – Aspen Aerogels Inc. on Thursday posted a $23.7 million loss in the first quarter of 2026 and said it expects to...
CVS reports 73% profit boost in Q1
WOONSOCKET – CVS Health Corp. on Wednesday reported a first-quarter profit of $2.94 billion, an increase from $1.7 billion the year prior.
For the quarter, the...
General Dynamics posts $1.13B Q1 profit
NORTH KINGSTOWN – General Dynamics Corp. logged a $1.13 billion profit in the first quarter of 2026, a 13.2% increase year over year, the aerospace and defense...
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