Gap (GAP) earnings Q4 2024
A shopper carries her early Black Friday purchases on Thanksgiving Day, November 28, 2024, at the Citadel Outlets shopping center in Los Angeles. Robyn Beck | AFP | Getty Images Gap on Thursday posted another quarter that blew away expectations, indicating its turnaround under CEO Richard Dickson is working better – and faster – than […]
Women’s pro tennis introduces paid maternity leave funded by Saudi PIF
Victoria Azarenka plays a backhand against Iga Swiatek of Poland in their second round match during day three of the Dubai Duty Free Tennis Championships, part of the Hologic WTA Tour at Dubai Duty Free Tennis Stadium on February 18, 2025 in Dubai, United Arab Emirates. Christopher Pike | Getty Images Big changes are coming […]
Why 10-year Treasury note, dollar are getting hit by Germany’s spending plans
Germany is about to enter what its next chancellor, Friedrich Merz, calls a historic “whatever it takes” moment of significant fiscal expansion to ramp up military spending and boost its economy, which is denting the appeal of the U.S. dollar and long-dated Treasurys.
Family offices rattled by market swings and tariffs
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. While family offices pride themselves on investing for the long term, this week’s tariff volatility and confusion around government […]
Treasury yields steady after drop in weekly jobless claims
Yields on U.S. government debt were mixed Thursday morning after weekly jobless claims receded and as risks from tariffs appeared to weigh on broader sentiment.
Macy’s (M) Q4 2024 earnings
Macy’s delivered another quarter of mixed results on Thursday as investors wait and see how quickly CEO Tony Spring can pull off a turnaround of the business with yet another activist investor looking to take the chain private. Across the business, which includes the Macy’s banner, Bloomingdale’s and Blue Mercury, comparable sales during the all-important […]
German bonds getting hit again as ECB set to cut rates. What will Lagarde say?
The German bond market is tumbling as the European Central Bank is meeting on interest rates and no one is quite sure what message European Central Bank President Christine Lagarde wants to send.
Foot Locker (FL) Q4 2024 earnings
Foot Locker said Wednesday it expects another year of deep discounts in the sneaker industry as its largest brand partner Nike continues its reset and relies on markdowns to clear through stale inventory. The footwear giant delivered mix results for its holiday quarter, beating Wall Street’s expectations on earnings but falling short on sales. In […]
NHL commissioner says league could be affected by U.S.-Canada tariffs
National Hockey League Commissioner Gary Bettman said Wednesday that the league could be affected by the current tensions between the U.S. and Canada. Bettman said 25% of the league’s revenue comes from its Canadian clubs. Though he said the Canadian teams perform well, Bettman added that there could be ramifications for the league depending on […]
Who’s the winner in Trump’s trade war on Canada and Mexico? China, according to one expert.
China is benefiting as the U.S. hits Canada and Mexico with tariffs, sparking retaliatory measures, according to one Brookings expert.
