Inflation has picked up since President Donald Trump announced new import tariffs in April, with the latest consumer price index data showing outsized increases in tariff-sensitive categories, including coffee, toys and televisions. Overall prices rose 2.9% in August from a year earlier, up from 2.7% in June and July, according to CPI data released Thursday. The…
Shares of RH fell slightly Friday after the luxury furniture retailer significantly missed revenue expectations in its fiscal second-quarter earnings report and slashed its full-year revenue outlook. The chain said Thursday that it will take another $30 million hit to its forecast because of tariffs, even though the retailer stood by its full-year projection three…
Vials with Pfizer-BioNTech and Moderna coronavirus disease (COVID-19) vaccine labels are seen in this illustration picture taken March 19, 2021. Dado Ruvic | Reuters Shares of Pfizer and Moderna fell on Friday after a report that Trump administration health officials plan to link Covid vaccines to the deaths of 25 children. The report from the…
A model from Swiss watchmaker Swatch named “WHAT IF…TARIFFS?” with the numbers 3 and 9 reversed on its face, as a play on the 39% import tariffs that U.S. President Donald Trump slapped on Switzerland last month, is pictured on wrist at a Swatch shop in Geneva, Switzerland, September 12, 2025. Pierre Albouy | Reuters…
Jennifer Johnson, founder of True Fashionistas, Florida’s largest clothing reseller, started noticing something unusual about a year ago. Suddenly, once difficult-to-find larger sizes were becoming more common in the batches of clothing arriving for resale. Since then, the trickle has become a torrent. Johnson said that historically, her store has been overloaded with extra smalls and…
U.S. Secretary of Commerce Howard Lutnick speaks during an interview with CNBC on the floor at the New York Stock Exchange on Sept. 11, 2025. Brendan McDermid | Reuters Commerce Secretary Howard Lutnick said Thursday that the U.S. will equally share profits with Japan from projects funded by the Asian country through its tariff deal…
European stocks look set to open higher on Friday, with early-morning data showing the U.K. economic growth stalled in July. The pan-European Stoxx 600 was flat at 8:30 a.m. in London (3:30 a.m. ET), with no broad consensus movement among sectors and major bourses. Data released on Friday morning showed that the U.K. economy recorded…
Detainees board a bus, during a raid by federal agents where about 300 South Koreans were among 475 people arrested at the site of a $4.3 billion project by Hyundai Motor and LG Energy Solution to build batteries for electric cars in Ellabell, Georgia, U.S. September 4, 2025 in a still image taken from a…
The 10-year U.S. Treasury yield fell to 4% Thursday, then snapped back as investors assessed the latest inflation data, as well as a jump in jobless claims. The yield on the benchmark 10-year Treasury was last unchanged at 4.032%, after falling to 4% earlier in the session. The 30-year Treasury yield meanwhile added more than…
07 July 2025, USA, New York: A street sign reading “Wall Street” hangs on a post in front of the New York Stock Exchange in Manhattan’s financial district. Photo: Sven Hoppe/dpa (Photo by Sven Hoppe/picture alliance via Getty Images) Picture Alliance | Picture Alliance | Getty Images A version of this article first appeared in…
