News

The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
Coach parent Tapestry forecast annual profit below expectations due to rising tariffs, sending its shares plunging 14%, and said it planned to cut the number of handbag styles offered as retailers try ...
On the goods side, prices rose 0.7%, led by a 1.4% jump in food costs. Fresh and dry vegetables soared nearly 39%, while ...
Tapestry Inc., parent to the Coach and Kate Spade brands, enjoyed a revenue jump in its fiscal fourth-quarter results that comfortably beat Wall Street's expectations, boosted by growing numbers of ...
Goldman Sachs research shows Americans will absorb 67% of tariff costs by fall, prompting angry response from President Trump ...
Current estimates put the revenue impact of the Trump administration's tariffs between $300B-$400B for one year. In comparison, the monthly budget deficit for July was $291B.
The BDC sector faces mounting risks from a weakening economy, high consumer debt, and potential for further dividend cuts.
Bridgewater Associates exits holdings in US-listed Chinese companies amidst geopolitical tensions, shifts focus to US tech ...
While Rieder's dovish stance aligns with President Trump’s, the BlackRock exec's acknowledgment of tariff-driven inflation ...
Trump is applying direct pressure on companies, bucking decades of GOP free-market philosophy: "He's just acting like a ...
Critics warn that Trump's demands for business leaders to step down, and for the government to take a cut of sales, threaten ...
U.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices ...