Benchmark Brent crude gained 0.1% at $70.27 per barrel, while U.S. West Texas Intermediate crude advanced eight cents to $68.46 per barrel at 7.38 am GMT.
Employers Holdings’ first quarter performance was marked by a notable divergence between revenue and profitability, as sales came in below Wall Street expectations while non-GAAP profit surpassed consensus estimates. Management attributed the revenue decline primarily to lower new business and audit premiums, a direct result of targeted underwriting and pricing actions in specific states to maintain profitability. CEO Katherine Antonello emphasized that, despite these headwinds, the company reached a new high in policies in force, reflecting strong customer retention. She also highlighted “meaningful progress” in reducing the underwriting expense ratio, and pointed to a 20% year-over-year increase in net investment income, which helped offset pressure from higher loss ratios and softer top-line growth.
Potbelly’s first quarter results for 2025 were met with a notably positive market reaction, as the company surpassed Wall Street’s revenue and adjusted profit expectations. Management attributed the outperformance to sustained momentum in menu innovation, increased digital engagement, and disciplined cost controls. CEO Bob Wright highlighted the strong customer response to new offerings, stating, “Our customers responded positively” to recent menu additions, while also citing operational improvements and franchise expansion as key contributors. The company’s focus on expanding digital channels and delivering value through promotions further supported sales resilience during the period.
ConAgra (CAG), Delta Air Lines (DAL), Helen of Troy (HELE), Levi Strauss (LEVI), and WD-40 (WDFC) are among the notable names reporting earnings Thursday.
The OBBB Act is now law, but what does it mean for the solar industry? Despite new headwinds, these three stocks can withstand changing energy sector trends.
United States - Prices for everyday essentials have climbed relentlessly in the past two years, pushing consumers to get creative in stretching their paychecks. While overall inflation has cooled to about 3% year-over-year as of mid-2024, staples like groceries remain steep – with items such as beef up 5%, butter up 6.9%, and eggs surging over 10% in price since mid-2023. Faced with these higher bills at the checkout, shoppers are increasingly turning to discounts and promo codes to offset the pain. In fact, more than a quarter (26%) of U.S. adults now say they’re using coupons more frequently due to the state of the economy, according to the National Retail Federation – a notable jump from 18% who said the same back in mid-2021. What was once a habit associated mainly with frugal homemakers has become a mainstream survival tactic for millions navigating the current cost-of-living crunch.
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Trump tells Bessent, "I like you better," a comment many interpreted as a public signal of Bessent's rising likelihood as a potential successor to the current Fed Chair.
