Morning Business Report: Wall Street Watches Major Earnings as StubHub Shares Fall
2 Articles
2 Articles
Morning Business Report: Wall Street watches major earnings as StubHub shares fall
(LILAMAX)- Walmart, Home Depot and Lowes are among the companies reporting earnings this week. On Wednesday, minutes from the Federal Reserve’s latest meeting are expected to be released, potentially providing more insight into the central bank’s thinking on interest rates. Meanwhile, StubHub shares dropped more than 10% after the ticket reseller reported that problems surrounding the World Cup helped wipe out its quarterly profit. Some fans com…
StubHub shares drop over 10% after World Cup ticketing glitches wipe out profits
This week's business headlines feature StubHub's stock drop following World Cup ticketing issues, rising parental debt for back-to-school costs, and a shift toward local vacation rentals.
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