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Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said it will...
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Investing News
Dick’s Sporting Goods said Wednesday it’s standing by its full-year guidance, which includes the expected impact from all tariffs currently in effect. The sporting...
Economy News
Japan used to be considered the world’s most reliable creditor. But now, its economy is cracking from multiple fronts. A collapsing bond market, inflationary...
Economy News
Hailey Bieber’s beauty brand Rhode has been acquired by Elf Beauty for $1 billion, pending regulatory approvals, in one of the biggest celebrity beauty...
Economy News
Nvidia shares surged in premarket trading Thursday after the chipmaker posted robust quarterly results that exceeded Wall Street expectations. However, the celebration was tempered...
Economy News
Britain’s Less Common Metals (LCM) intends to establish a new plant in France, Reuters reported on Thursday. This initiative involves a collaboration with a...
Economy News
A US court determined that US President Donald Trump overstepped his authority by using the 1977 International Emergency Economic Powers Act (IEEPA) to enact...
Stock News
Stocks were largely flat on Wednesday as investors digested recent earnings reports while awaiting the Federal Reserve’s meeting minutes and Nvidia’s quarterly results. The...
Stock News
Abercrombie & Fitch shares soared 25% on Wednesday after the retailer reported stronger-than-expected first-quarter results and raised its full-year revenue forecast. The stock jump...
Stock News
Brazilian airline Azul shares fell at least 40% in US premarket trading Wednesday after the company sought Chapter 11 protection in the United States. The...