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

May 29, 2025

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…

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Investing

Dick’s Sporting Goods stands by full-year guidance — even with tariffs looming

May 29, 2025
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….
Stock

Hailey Bieber deal may already be priced into elf Beauty stock

May 29, 2025
elf Beauty Inc (NYSE: ELF) rallied as much as 30% this morning after announcing a $1 billion deal with Hailey Bieber. elf…
Stock

US corporate profits decline in Q1 amid economic uncertainty

May 29, 2025
In the first quarter of 2025, U.S. corporate profits experienced a decrease of $118.1 billion, following a substantial gain of $204.7 billion…
Politics

What’s next for DOGE after Elon Musk’s departure? ‘Only just begun’

May 29, 2025
Tesla and SpaceX CEO Elon Musk bid farewell to the Department of Government Efficiency (DOGE) in a Wednesday night X post, ending…
Politics

Hamas faces ‘legitimacy crisis’ as desperate Gazans flock to US-backed aid centers

May 29, 2025
The terrorist group known as Hamas has long plagued the Gaza Strip but is facing a point of crisis as its influence…
Economy

USD/MXN forecast and why Mexican peso surge could continue

May 29, 2025
The Mexican peso is firing on all cylinders and is on the cusp of more gains in the coming weeks. The USD/MXN…
Economy

Very good news for SOXL ETF: is this semiconductor fund a buy?

May 29, 2025
The Direxion Daily Semiconductor Bull 3x Shares (SOXL) ETF has been under pressure in the past few months as concerns about the…
Investing

Walmart fined for shipping realistic toy guns to New York, violating state law

May 28, 2025
Walmart agreed to pay a small fine and promised to ensure its third-party resellers are unable to sell realistic looking toy guns…
Stock

German court dismisses Peruvian farmer’s climate case against RWE; sparks legal debate

May 28, 2025
A Peruvian farmer’s lawsuit against German utility RWE, seeking damages for alleged climate change risks to his home, was dismissed by a…
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