India wants to be the ‘pharmacy of the world.’ But first, it must wean itself from China

India emerged as a large supplier of Covid-19 vaccines, supplying to 75 countries, including Indonesia, where a medical officer injects the vaccine AstraZeneca into a recipient in Bintan island on July 2, 2021. (Photo credit Yuli Seperi / Sijori images/Future Publishing via Getty Images India has embarked on an ambitious plan to cut dependence on…

Gap shares fall 13% after retailer slashes profit guidance for the year

In this article GPS A customer lifts a shopping bag at an Old Navy Inc. store in San Francisco. David Paul Morris | Bloomberg | Getty Images Gap Inc. on Thursday slashed its profit guidance for the full year as it reported a decline in fiscal first-quarter sales, which were dragged down by its Old…

Stock futures are little changed with S&P 500 on track for winning week

Traders on the floor of the NYSE, May 17, 2022. Source: NYSE Stock futures were little changed in overnight trading as the S&P 500 attempted to snap a seven-week losing streak. Futures on the Dow Jones Industrial Average shed about 25 points. S&P 500 futures were flat and Nasdaq 100 futures were marginally higher. Retail…

The ‘un-retirement’ trend could help increase the available pool of workers amid this hot job market, analyses find

Thomas Barwick | Digitalvision | Getty Images Retirees have rejoined the labor force at a steady clip in recent months, attracted by a hot job market and reduced Covid health risks. This “un-retirement” trend could help increase the available pool of workers and ease the hiring challenges businesses have reported. As of April, 3.3% of…

3 takeaways from Dollar General, Dollar Tree earnings that sent stocks soaring

In this article DLTR DG Dollar General and Dollar Tree stores Getty Images Shares of Dollar General and Dollar Tree popped Thursday, as the discounters beat Wall Street’s quarterly earnings expectations, raised outlooks for the coming year and spoke of consumers flocking to lower prices during inflationary times. As of midday Thursday, shares of Dollar…

Macy’s stock surges as company raises 2022 profit outlook despite uncertain retail landscape

In this article M A person walks past a Macys store in Hyattsville, Maryland, on February 22, 2022. Stefani Reynolds | AFP | Getty Images Macy’s on Thursday reported fiscal first-quarter profits and sales ahead of analysts’ expectations, as shoppers returned to malls to shop for new outfits and luxury goods. The department store chain,…

Stocks making the biggest moves midday: Twitter, Macy’s, Nvidia, Lululemon and more

In this article BABA MDT WSM NTNX KHC DLTR SNOW AVGO LULU NVDA DG TWTR M A Lululemon sign hangs in front of their store at the Woodbury Commons Premium Outlets shopping mall on November 17, 2019 in Central Valley, New York. Gary Hershorn | Corbis News | Getty Images Check out the companies making…

‘I might have to sleep in my crappy car’: Self-made millionaire Bethenny Frankel shares the mindsets that helped her achieve success

Some people can move back in with mom and dad if they have to, or at a minimum, crash on their aunt or sister’s couch until they get their priorities in order. That provides a cushion. But that was never a possibility for me. I didn’t have a strong support system growing up. I always…

Here are the first financial steps to make after losing a spouse

Tari Lee Sykes and her late husband, Charles Jeremy Sykes. She thought they’d have one more Christmas together. Yet a few days before the holiday, Tari Lee Sykes’s husband, Charles Jeremy Sykes, died after battling a rare lung disease for years. He’d never get to open the wrapped presents below their glistening tree. On top…

Why it’s hard for the Biden administration to figure out how much student debt to forgive

President Joe Biden attends an Indo-Pacific Economic Framework for Prosperity launch event at Izumi Garden Gallery in Tokyo on May 23, 2022. Jonathan Ernst | Reuters President Joe Biden has said that he’ll soon be making an announcement about student loan forgiveness. In the meantime, the White House is trying to figure out what shape…

Tom Cruise sets his sights on his first $100 million domestic opening with ‘Top Gun: Maverick’

Tom Cruise in “Top Gun: Maverick” Source: Paramount This weekend Tom Cruise has a chance to do something he’s never done before — open a film to more than $100 million at the domestic box office. The prolific actor, who has made a name for himself as a fearless stuntman, has generated more than $4.2…