Business Blog

Wall Street bets on analysts cutting earnings estimates as the economy shows signs of slowing

Wall Street and the analyst community have been fighting over analysts' refusal to lower their 2022 and 2023 earnings estimates.

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Inflation rose 9.1% in June, even more than expected, as consumer pressures intensify

The consumer price index, soared 9.1% from a year ago, above the 8.8% Dow Jones estimate.

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By putting partisanship aside, North Carolina ranks No. 1 in America's Top States for Business

Always a contender in CNBC's annual state competitiveness rankings, North Carolina finishes on top for the first time.

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Nike is making strategic shift in how it manufactures NCAA fan apparel in deal with Fanatics

Fanatics is entering into a long-term partnership with Nike to manufacture college sports fan apparel.

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Spirit Airlines delays vote on Frontier deal again amid concerns about lack of shareholder support

Spirit Airlines has delayed a vote on its planned tie-up with Frontier Airlines for a fourth time.

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Demand for big mortgages is shrinking as home prices moderate

Mortgage demand continues to drop, especially for larger loans, as home prices moderate and fewer expensive houses sell.

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