Toy stocks rally after levies slashed
Toys made by Mattel, Hasbro and others are seen at a Macy’s store in New York. Staff | Reuters Shares of major toy makers rallied on Monday after the U.S. agreed to temporarily reduce tariffs on China. The agreement will pause most tariffs and other trade barriers for 90 days, including reducing the 145% levy […]
Trump avoids repeating Herbert Hoover’s Smoot-Hawley tariff mistake — for now
Trump avoids repeating Herbert Hoover’s Smoot-Hawley tariff mistake — for now.
McDonald’s announces plans to hire 375,000 workers with Trump Labor secretary
The logo of McDonald’s (MCD) is seen in Los Angeles, California. Lucy Nicholson | Reuters McDonald’s on Monday announced plans to hire up to 375,000 workers this summer at a news conference that included U.S. Labor Secretary Lori Chavez-DeRemer. While McDonald’s has long been one of President Donald Trump’s culinary favorites, the company has been […]
Trump to sign most favored nation drug pricing order
President Donald Trump on Monday revived a controversial policy that aims to slash drug costs by tying the prices of some medicine in the U.S. to the significantly lower ones abroad. Trump signed an executive order including several different actions to renew that effort, known as the “most favored nation” policy. He did not refer […]
Bank stocks see broad rally as U.S.-China trade talks reduce recession predictions
With the prospect of more favorable tariff terms between the two key trading partners, investors are betting that increased economic activity will boost banking revenues.
Why JPMorgan says the U.S. lag vs. European stocks is just beginning
U.S. stocks have underperformed their European rivals this year — and strategists at JPMorgan say it’s just the start.
Stock futures jump as U.S. and China conclude two days of ‘productive’ trade talks
Stock futures jumped late Sunday after top Trump administration officials said the U.S. and China had “productive” trade negotiations over the weekend, without announcing any further details.
Trump says he’ll sign executive order to lower prescription-drug prices
President Donald Trump on Sunday said he will sign an executive order to slash prescription-drug prices.
‘I am scared to death that I’ll run out of money’: My wife and I are in our 50s and have $4.4 million. Can we retire early?
“How can I get it through my head that we are good and that I can retire?”
Walgreens doubles down on robots to fill prescriptions amid turnaround
A robotic arm fills prescriptions at a Walgreens’ micro-fulfillment center. Courtesy: Walgreens As struggling drugstore chains work to regain their footing, Walgreens is doubling down on automation. The company is expanding the number of retail stores served by its micro-fulfillment centers, which use robots to fill thousands of prescriptions for patients who take medications to […]
