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The Biggest Retailers Are Thriving in the Tariff Economy
In a bid to ease the burden on stressed-out consumers and undercut competitors, Walmart has kept price increases to a minimum by absorbing much of the tariff cost. “We’re keeping our prices as low as
Cracker Barrel stock falls 7% after new logo causes a stir
When people love a brand, they don’t always like change,’ a branding expert says, after the change sparks more than 558,000 posts on social media including Donald Trump Jr.
California is too 'overregulated, expensive, and risky' for Bed Bath & Beyond, chairman says
Bed Bath and Beyond executive chairman Marcus Lemonis said he won't reopen retail stores in California, taking a shot at Gov. Gavin Newsom and calling the state a risky environment for business.
The stock market may need ‘tariff checks’ to keep rallying — but the bond market wouldn’t like it
The idea of using collected tariffs for anything other than paying down the U.S.’s debt or funding its spending commitments isn’t terribly popular in the bond market.
Wall Street closes down as investors brace for Powell's speech
Wall Street's main indexes fell on Thursday as investors feared potentially hawkish remarks by the Federal Reserve chair on Friday that could spark volatility, while big-box retailer Walmart's
Anticipation Builds for Powell's Jackson Hole Speech in Echoes of Last Year
Key Takeaways Federal Reserve Chair Jerome Powell is set to deliver a speech laying out whether the central bank is ready to cut interest rates.Fed-watchers may feel a sense of déjà vu since this is
111-year-old grocery store chain announces major closures in 4 states
The grocery chain announced it will close seven of its "warerooms" across four states, part of a broader strategy to optimize operations and cut costs. Stop & Shop's warerooms are fulfillment hubs
Walmart Stock Falls Despite a Higher Earnings Forecast. Here’s Why.
Walmart raised its financial forecasts for the fiscal year, but its earnings fell slightly short of Wall Street’s expectations. The stock was down 4.3% approaching midday on Thursday, becoming the
South Korea's Lee must navigate the ‘Trump risk’ at key summits in Japan and US
South Korea's President Lee Jae Myung faces a pivotal foreign policy test barely two months after taking office, with back-to-back summits in Tokyo and Washington that reflect the wider struggle of U.
Lucid Is Doing a 1 for 10 Reverse Stock Split. What That Means for Shares.
Thursday evening, the electric-vehicle start-up said it “will proceed” with a one-for-10 reverse stock split. Shares will trade at the new price on Sept. 2. Lucid stock closed at $2.09, flat on the
US and China Are Thwarting India’s Shot at $7 Trillion Solar Prize
To seize its opportunity to become a global force in solar power, nation must address tariff tensions and fix a supply chain still hugely reliant on Beijing.
Walmart is becoming America’s tariff security blanket
Walmart is getting hit by tariffs, like every other business in America. But customers are still flocking to Walmart because they believe the retailer offers them the biggest bang for their buck.
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