![](https://themiamientrepreneur.com/wp-content/uploads/2024/07/108011010-1721826420330-gettyimages-2159139702-san_diego_commute_ka_024-kjDnOV-scaled.jpeg)
American shares drop 7% on weak profit forecast after backfired sales plan, industry oversupply
Read Time:4 Second
The carrier’s profit fell 46% during the second quarter even though revenues rose.
The market pulled out a win for the month despite a rough patch. Also: A flashback to the 10th anniversary...
Former Nuveen executive John Miller begins a second act at First Eagle.
Revisions and other distortions mean monetary policy outlook remains hazier than Wall Street would have liked.
Prediction-market startup Kalshi prevails in its bid to list political contracts, beating the CFTC.