Latest in Tariffs Loom Retail
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Trump tariffs loom over retail earnings as Home Depot points to ‘industry-wide impact’
Home Depot Inc.’s third-quarter results this week gave a glimpse into the looming issue of tariffs for major U.S. retailers.Business - MarketWatch - Yesterday -
‘Trump Trade’ of Large Tariffs and Deficits Looms as Market Braces for 2024 Election
As investors have focused on the potential fiscal and economic impact of the Republican candidate’s proposals, yields on Treasury debt have risen.Business - The New York Times - October 25 -
With Trump Tariffs Looming, Businesses Try to ‘Run From a Moving Target’
Companies are filling their warehouses or looking into moving factories as they weigh President-elect Donald J. Trump’s threats to impose tariffs on foreign goods.Business - The New York Times - 6 days ago -
Goldman Sachs cuts European growth and earnings forecasts as Trump tariffs loom
The Trump regime will hit European economic growth and reduce company earnings, though the continent’s defense sector may prosper.Business - MarketWatch - 6 days ago -
U.S. Businesses Work to Limit Costs of Looming Trump Tariffs
Companies are rushing to stock up reserves of goods and create new supply chains to avoid the worst of anticipated costs.Business - Inc. - 3 days ago -
Trump's tariffs could trigger 'dramatic' price spikes on clothes, furniture, warns retail group
Vice President Kamala Harris has campaigned against Donald Trump's tariff proposals, calling them a sales tax on American consumers.Business - CNBC - November 5 -
Retail Group Sees $78 Billion Spending Hit From Trump Tariff Plan
A National Retail Federation predicts a huge loss in consumer spending power under Trump, who also threatened Mexico and China with further tariffs over fentanyl flows to the U.S.Business - Inc. - November 5 -
Steve Madden to slash China sourcing by as much as 45% as Trump's tariff plan looms
Retailers and brands have already made a push to diversify sourcing because of tariff risks and supply chain disruptions.Business - CNBC - November 7 -
Trump tariff threat looms large on several Asian countries — not just China — says Goldman Sachs
Donald Trump's recent victory is likely to see looming tariffs on China — but it may not be the only country subject to tariffs, according to Goldman Sachs.Business - CNBC - 3 days ago -
Inflation rises, Trump looms
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Inflation ticks up Consumer prices rose 0.2 percent in October and 2.6 percent over ...Politics - The Hill - Yesterday -
Why major retailers are closing stores
Over the weekend, the last full-sized Kmart in the continental U.S closed. Other retailers like Dollar Tree, Macy's, CVS and more have also closed stores over the years. Business editor at USA ...Top stories - CBS News - October 21 -
Election Uncertainty Makes Some Employers Wary of Adding Jobs
Some employers say they have been wary to expand until the outcome of the presidential election is known.Business - The New York Times - November 1 -
Trump's big tariff plans
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story What Trump can do on tariffs without Congress Former President Trump is going all ...Politics - The Hill - October 25 -
Bracing for Trump's tariffs
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Businesses brace for new Trump tariffs Companies are preparing for a spate of new ...Politics - The Hill - October 30 -
Trump threatens Mexico with tariffs
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump threatens tariffs on Mexico over border crossings Former President Trump on ...Politics - The Hill - November 4 -
Tariffs are hard work
The uncertainty surrounding Trump’s trade policiesWorld - Financial Times - 2 days ago -
Retail sales post solid gain in September, showing a continued strong economy
Retail sales increased 0.4% in September, with strength in a broad range of categories that overcame weak gas and auto spending, the U.S. Commerce Department said Wednesday.Business - MarketWatch - October 17 -
Halloween’s Mutation: From Humble Holiday to Retail Monstrosity
Americans once made their own costumes and candy. Now, the holiday has rapidly commercialized, transforming into an economic juggernaut.Business - The New York Times - October 19 -
Retailers Stock Supersize TVs Ahead of Holiday Season
In Q4, giant TV sales see a marked holiday boom.Business - Inc. - November 4 -
Retailers Turn to Weather Strategies as Climate Changes
Major chains now factor weather conditions into promotional strategies, inventory decisions, and advertising campaigns.Business - Inc. - November 4 -
Retailers Jump at the Chance to Invest in Fifth Avenue
IKEA and Uniqlo join luxury fashion houses in owning, rather than leasing, huge retail spaces on the strip. Developers are cashing in.Top stories - The New York Times - November 5 -
‘Wicked’ takes over retail ahead of theatrical debut
“Barbie” painted the town pink in 2023, and now “Wicked” is upping the ante by adding a splash of green.Top stories - NBC News - 5 days ago -
Bernie Moreno: Tariffs are ‘not going anywhere’
Republican businessman Bernie Moreno, who defeated incumbent Ohio Sen. Sherrod Brown (D), noted President-elect Trump’s promise to have tariffs lifted the U.S. economy. “They’re not going ...Politics - The Hill - November 7 -
What Will Trump’s Tariffs Mean for Businesses?
Companies are already scrambling to avoid potential tariffs. Here’s how they could play out in Donald Trump’s second term.Business - Inc. - November 7 -
From cars to planes: global manufacturers brace for Trump’s tariffs
Executives across multiple industries expect supply chain upheavalBusiness - Financial Times - 6 days ago -
In Northern Gaza, Hunger Looms Over Daily Existence
Families say they are rationing what little food they can find while living under the constant threat of Israeli bombardment.World - The New York Times - October 18 -
Buy now, pain later — the looming risks of BNPL
Prudential regulators should be monitoring both personal and systemic risksBusiness - Financial Times - October 21 -
As Election Nears, Kelly Warns Trump Would Rule Like a Dictator
John Kelly, the Trump White House’s longest-serving chief of staff, said that he believed that Donald Trump met the definition of a fascist.Top stories - The New York Times - October 23 -
As Election Looms, Disinformation ‘Has Never Been Worse’
A torrent of falsehoods, from home and abroad, have undermined what was once a shared faith in the honesty of America’s democracy.Business - The New York Times - October 23 -
What to Know About the Looming Election Certification Crisis
An investigation in four battleground states found that Republicans have taken control of election boards with the aim of challenging and overturning outcomes that don’t go their way.Top stories - The New York Times - October 25 -
In Georgia, Political Crisis Looms After Disputed Election
The ruling Georgia Dream party won a majority in the vote. The opposition, which fears the country is moving away from the West, says the voting was not fair and that it will not sit in Parliament.World - The New York Times - October 27 -
On the Ellipse, the Stakes Loomed Over Harris’s Shoulder
There was a clear point in returning to the site of Trump’s Jan. 6 crime.Top stories - The New York Times - October 30 -
Job growth stalls in October as Election Day looms
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Job growth stalls in October as Election Day looms Economists were bracing for a ...Politics - The Hill - November 1 -
France pushes Brussels to delay fines on carmakers
Emissions rules coming into force could lead to billions in penalties being imposed on weak auto industryWorld - Financial Times - November 4 -
The latest intel on the Timberwolves' ownership drama -- and the battle that looms
With arbitration set to begin Monday, here's the latest on Glen Taylor, Alex Rodriguez and Marc Lore -- and the battle for the multibillion-dollar franchise.Sports - ESPN - November 4 -
TikTok Employees Shrug Off the US Election
Donald Trump says he’ll spare TikTok. Kamala Harris will likely support the ban. But inside the company, few are talking about the US election.Tech - Wired - November 5 -
Trump's climate policy looms over COP29
A major climate summit kicked off in Azerbaijan on Monday amid uncertainty over U.S. commitments to combatting global warming. President-elect Donald Trump has said he will exit the Paris Climate ...Top stories - CBS News - 3 days ago -
Amazon announces first Kindle ever with color screen, retailing for $279
The company is refreshing its entire e-reader lineup, launching four new Kindle devices.Business - CNBC - October 16