Bill and Melinda Gates Talk Trump, Under Armour International Sales Surge
Bill and Melinda Gates weigh in on the Trump administration in their annual letter. The couple outlines the 10 questions they're most commonly asked. It turns out people are most interested in hearing their views on the Trump administration. Bill Gates expressed concerns with the president's "America First" agenda. Melinda Gates wishes Trump would treat people with more respect. Plus, the Microsoft co-founder says he's hopeful social media companies like Facebook will adequately address its growing influence.
Under Armour saw a 47% surge in international sales last quarter. The company beat Wall Street expectations on earnings and revenue in its latest quarterly report. After a year of declining sales, this was welcome news for the Baltimore-based company.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Treasury Secretary Janet Yellen notified Congress on Friday that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary measures” to avoid default.
Stocks closed higher on Wall Street as earnings reporting season got underway and CEOs began to show how well or poorly they’re navigating high inflation and a slowing economy.