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Macy's CEO says retailer will hike some prices as tariffs cut into profits

Macy's CEO says retailer will hike some prices as tariffs...

Macy's beat earnings estimates for the first quarter, but cut its 2025 profit outlook...

Travel
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Abercrombie & Fitch soars 25% even as retailer slashes profit outlook due to tariffs

Abercrombie & Fitch soars 25% even as retailer slashes...

Abercrombie & Fitch's growth is slowing at its namesake brand and the company...

Travel
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Elon Musk says Trump's spending bill undermines the work DOGE has been doing

Elon Musk says Trump's spending bill undermines the work...

Musk criticized the Republican spending bill that recently made it through a House...

Travel
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Hybrid leader Toyota targets major growth in plug-in vehicles amid industry's EV uncertainty

Hybrid leader Toyota targets major growth in plug-in vehicles...

Company sources said Toyota plans to increase PHEVs from 2.4% last year to roughly...

Technology
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China and tariffs have wiped off $130 billion from critical chip firm ASML since peak value

China and tariffs have wiped off $130 billion from critical...

ASML, like many chip firms, has been hit by restrictions on exports to China and...

Technology
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Musk's role leading DOGE qualifies as ‘continuing and permanent,’ federal judge says

Musk's role leading DOGE qualifies as ‘continuing and permanent,’...

A district court judge in Washington, D.C., said Tuesday that Elon Musk has an expansive...

News
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Goldman-backed Starling Bank reports 26% profit drop as it flags Covid loan fraud issue

Goldman-backed Starling Bank reports 26% profit drop as...

British neobank Starling posted an annual profit before tax of £223.4 million, down...

News
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GameStop shares rise as retailer meme stock buys first bitcoin batch, scooping up $500 million

GameStop shares rise as retailer meme stock buys first...

The purchase, GameStop's first investment in bitcoin, was worth $512.6 million with...

News
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Macy’s cuts profit outlook as tariffs, promotions hit its business

Macy’s cuts profit outlook as tariffs, promotions hit its...

Macy's beat earnings estimates for the first quarter, but cut its 2025 profit outlook...

Technology
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Trump Media’s Stock Drops Despite $2.5 Billion Bitcoin Treasury Announcement

Trump Media’s Stock Drops Despite $2.5 Billion Bitcoin...

Trump Media (TMTG) announced that it has successfully raised $2.5 billion from institutional...

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