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.
Novo Nordisk offers discounted Wegovy through direct-to-consumer pharmacy
Novo Nordisk’s Wegovy weight loss drug has seen a meteoric rise in popularity. Nurphoto | Getty Images Novo Nordisk on Wednesday said it will offer its weight loss drug Wegovy for less than half of its usual price per month through a new direct-to-consumer online pharmacy. The cash-pay offering is available to millions of patients […]
Trump’s tariffs worry companies. Here’s what they’re saying about the uncertainty.
Companies are assuming tariffs will be a ‘disturbance’ to earnings, but they don’t know how much
Trump grants automakers one-month exemption from tariffs
In an aerial view, brand new Subaru cars sit in a storage lot at Auto Warehouse Co. on March 4, 2025 in Richmond, California. Justin Sullivan | Getty Images The White House on Wednesday announced a one-month North American tariff exemption for automakers after President Donald Trump spoke a day earlier with heads of General […]
These are the most competitive rental markets in the U.S.
Residential apartment buildings in the Brooklyn borough of New York, US, on Wednesday, July 17, 2024. Yuki Iwamura | Bloomberg | Getty Images New apartment construction hit a record high last year, but all that new supply is apparently not enough to cool the competition in the market. Getting a rental is actually becoming even […]
Opinion: Trump’s trade war will hit hardest at home. This is the biggest casualty.
Outside the Box U.S. trading partners will find that American consumers can be replaced Last Updated: March 5, 2025 at 12:53 p.m. ETFirst Published: March 5, 2025 at 7:25 a.m. ET The world’s financial environment is unpredictable, and manic thought bubbles masquerade as policy. That may prove unhelpful to American investors. Unprecedented globalization has underpinned economic activity […]
Abercrombie & Fitch (ANF) Q4 2024 earnings
Abercrombie & Fitch‘s growth story is starting to slow down. The apparel retailer issued weaker-than-expected guidance for its current quarter and fiscal 2025, and said it expects its sales will grow more slowly than Wall Street anticipated. Abercrombie is expecting sales to rise between 3% and 5% in fiscal 2025, well below estimates of 6.8% […]
