Lew Cirne, CEO, New Relic Scott Mlyn | CNBC It’s not uncommon for public companies to report disappointing numbers. But you don’t often see a CEO blaming the shortfall on poor execution. On Tuesday, New Relic CEO Lew Cirne addressed the company’s discouraging quarter in his opening remarks on the …

Bank stocks are getting slammed this week as the trade war heats up, but according to some analysts, that selling is misplaced. Wall Street took collapsing bond yields Wednesday to mean trouble for the economy, and investors fled positions in the largest U.S. financial institutions. Shares of J.P. Morgan Chase …

A docker works in front of a container ship at Qingdao Port in Qingdao, Shandong Province of China. ChinaFotoPress | Getty Images President Donald Trump’s tariffs cost U.S. businesses $3.4 billion in June alone, according to Tariffs Hurt the Heartland, a coalition of trade associations and agriculture commodity groups. That …

Consumer stocks are taking a big hit lately because of fears the new tariffs against China will raise the costs of products for retailers. But history shows the drop in shares has gone too far and they may be due for a bounce back. Stocks bounced back on Tuesday, snapping …

PillPack packet Source: PillPack As Amazon bolsters its PillPack business to take on the prescription drug market, industry stalwarts CVS and Walgreens are vigorously defending their turf, setting up a protracted battle between the old guard and the new. Amazon bought internet pharmacy PillPack last year, a deal that sent …

Traders and financial professionals on the floor of the New York Stock Exchange on December 27, 2018. Drew Angerer | Getty Images For all the excitement in the past 12 months, the stock market is exactly where it was one year ago. The S&P 500 just traded at 2,851.67. On …

Bob Iger attends the World Premiere of Walt Disney Studios Motion Pictures ‘Avengers: Endgame’ at Los Angeles Convention Center on April 22, 2019. Jeff Kravitz | FilmMagic, Inc | Getty Images Disney’s domination of the global box office in 2019 has been nearly 20 years in the making, under the …

Kris Ubach adn Quim Roser | Getty Images Cord cutting is on the rise in the U.S. and the trend isn’t about to change, according to eMarketer. The market research company reported Tuesday that nearly 25% of households will ditch traditional television by 2022. “As programming costs continue to rise, …

Traders work on the floor of the New York Stock Exchange Bryan R. Smith | AFP | Getty Images Wall Street’s summer swoon likely isn’t over yet. Several chart analysts are pointing out that while the market has dropped sharply over the the past few days, it still has a …

Farmer Isabel Milligan drives a tractor as she weeds and transplants crops on the farm in Amagansett, New York, July 11, 2019. Lindsay Morris | Reuters Agriculture has been a weapon of choice in the escalating trade war between the world’s two largest economies. With China officially pulling out of …