Best Buy’s stock falls as CEO says tariffs ‘make price increases for American consumers highly likely’
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Best Buy shares plunge as CEO warns price increases are 'highly likely' due to Trump tariffs
Best Buy beat Wall Street's fourth-quarter earnings and revenue estimates as the company's computing and phone sales increased.CNBC - 3h -
Chipotle CEO says company will absorb any cost increases from tariffs
President Donald Trump’s plan to impose tariffs on America’s largest trading partners is sending ripples through the U.S. economy, as businesses and consumers alike prepare to pay Yet for Chipotle ...NBC News - 1d -
Target and Best Buy warn of price hikes from Trump's tariffs
Wall Street investors, retail executives and economic analysts are sounding growing alarms that the new administration’s trade policies could pinch shoppers and the economy.NBC News - 1h -
Stocks fall as Trump says tariffs on Mexico, Canada will go into effect
Tariffs could raise prices for gasoline, avocados and iPhones.ABC News - 19h -
Buy Nike’s stock aggressively as new CEO’s playbook should work, analyst says
Jefferies’ Randal Konik sees 50% upside in the stock, as he effectively calls a bottom in earnings and investor sentiment.MarketWatch - Feb. 24 -
Trump's Mexico tariffs could raise produce prices in the next few days, Target CEO says
President Donald Trump's tariffs on Mexico could raise prices on strawberries, avocados and bananas, Target CEO Brian Cornell said.CNBC - 5h -
Oil prices fall after Opec+ confirms it will increase crude production
Traders had been expecting cartel to postpone its plan to boost outputFinancial Times - 20h -
US stocks fall as consumer confidence sinks most in four years
Oil prices drop while government bonds climb on worries Donald Trump’s tariffs will hit economyFinancial Times - 6d -
European stocks fall after Trump’s tariff warnings
US president has threatened 25% duties on EU imports as well as levies on other major trading partnersFinancial Times - 5d
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More in Business
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Italy’s defence minister calls for the creation of a ‘European Defence Union’
Investors fret that aggressively protectionist trade policy will hurt economyFinancial Times - 2m -
China Retaliates Against Trump, Imposing Tariffs and Blacklisting U.S. Companies
Beijing imposed broad tariffs on imports of American food and said 15 U.S. companies could no longer buy from China without special permission.The New York Times - 2m -
Southwest Airlines closing 2 crew bases in cost-cutting push
Southwest plans to close crew bases in Fort Lauderdale, Florida, and Austin, Texas.CNBC - 6m -
The U.S. dollar is still the world’s currency — but maybe not for much longer
Concerns are rising about the sustainability of U.S. government debt and spending.MarketWatch - 9m -
CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud
Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by his predecessor, Rohit Chopra.CNBC - 10m