BJ’s Wholesale stands out by not warning on sales due to tariffs. Stock soars.
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US consumers warned to brace for higher prices due to Trump’s tariffs
Prices ‘highly likely’ to rise almost immediately, retailers say, after 25% duty hits exports from Mexico and Canada. Trump’s Congress speech – latest updates Americans have been warned to ...The Guardian - 1d -
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 - Feb. 27 -
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 - 2d -
Warning of economic uncertainty as Walmart stocks tumble after retailer lowers sales outlook
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to analyze a possible sign that the economy could slip back this year due to lower consumer spending. Walmart's yearly sales ...CBS News - Feb. 21 -
Aviation industry warns travellers of soaring fares
Yahoo News - Feb. 21 -
Trudeau hits out at 'dumb' tariffs as Trump warns of further hikes against Canada
Canada has imposed its own retaliatory tariffs, which will remain in place until the US reverses course.BBC News - 1d -
Mother of imprisoned activist warned of sudden death due to hunger strike
Laila Soueif’s son Alaa Abdel Fattah has completed a five-year sentence in Egypt but has not yet been releasedFinancial Times - Feb. 26 -
Stocks tumble as Walmart sales growth forecast disappoints
Stocks tumbled from all-time highs Thursday in the wake of Walmart projecting a lower-than-expected sales outlook.NBC News - Feb. 20 -
Intel’s stock is rising — and this time it’s not because of sale rumors
Nvidia and Broadcom reportedly are testing Intel’s manufacturing technology. That’s a potentially encouraging signal for the business.MarketWatch - 3d
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Nasdaq falls back into correction territory as S&P 500 tests a ‘line in the sand.’ Watch these levels.
Heavy losses for tech stocks had the Nasdaq Composite flirting with a correction, defined as a 10% drop from a recent high, as major indexes renewed a slide tied to economic jitters.MarketWatch - 18m -
Stock market faces a critical day with Friday’s high-stakes jobs report and a Powell speech
U.S. stocks are tumbling, leaving the Nasdaq on the cusp of a correction.MarketWatch - 24m -
Intuitive Machines has put its second lander on the moon — but its stock is tumbling
Intuitive Machines’ flight controllers are communicating with the lander and trying to figure out its orientation on the lunar surface.MarketWatch - 31m -
Macy’s cuts guidance in the face of ‘external uncertainties’ but stock gains
The retailer said it’s taking a “prudent” approach to its outlook as it warns of a profit shortfall.MarketWatch - 48m -
‘DOGE’ job cuts push U.S. layoffs to postpandemic high. Is the labor market crumbling?
The number of publicly announced layoffs in the U.S. jumped in February to the highest level since the pandemic 4 1/2 years ago — but not because the jobs market is suddenly in a free fall. It isn’t.MarketWatch - 1h
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E.C.B. Cuts Interest Rates Again, With an Uncertain Path Ahead
Vows by European leaders in increase borrowing to ramp up military spending have reshaped the fiscal picture that the central bank must confront.The New York Times - 12m -
Macy’s Signals Rocky Year Ahead as Retailers Reckon With Trade War
The largest department store chain in the United States, like many other retailers, has warned that shoppers may be more cautious in the months ahead.The New York Times - 13m -
Treasury Secretary Bessent says the American dream is not about 'access to cheap goods'
Bessent on Thursday offered a full-throated defense of the White House's position on tariffs.CNBC - 15m -
Treasury Secretary Bessent says the American dream is not about 'access to cheap goods'
Bessent on Thursday offered a full-throated defense of the White House's position on tariffs.CNBC - 15m -
Nasdaq falls back into correction territory as S&P 500 tests a ‘line in the sand.’ Watch these levels.
Heavy losses for tech stocks had the Nasdaq Composite flirting with a correction, defined as a 10% drop from a recent high, as major indexes renewed a slide tied to economic jitters.MarketWatch - 18m