News

European share gains to be kept in check by Trump tariffs

European shares are expected to close the year a touch higher than where they are currently trading, a Reuters poll found, as ...

New tariffs are generating billions of dollars in revenue, but Bessent says that will go toward paying national debt

Treasury Secretary Scott Bessent on Tuesday threw cold water on the idea that Americans could soon receive tariff rebate ...

Home Depot says tariffs will lead to price increases, but they won’t be across the board

Home Depot affirmed its full-year growth outlook for adjusted earnings per share to decline approximately 2%, for total sales ...

Estee Lauder forecasts annual profit below estimates as tariffs hit

Estee Lauder forecast annual profit below Wall Street estimates on Wednesday, as the cosmetics giant grapples with persistent ...
mlive16h

Home improvement chain says it’s increasing prices over Trump tariffs, 3 months after pledging not to

Three months after stating the company had no plans to increase prices due to tariffs, Home Depot has backtracked. On Monday, ...

Trump tariffs live updates: Retail earnings to put tariffs' impact in focus; Trump says semiconductor tariffs coming soon

During Walmart's first-quarter earnings call, CEO Doug McMillon said the tariffs would result in higher prices, but didn't ...
Crain's Detroit Business15h

Logistics firms scramble as metal tariffs abruptly extend to hundreds of consumer items

Hundreds of consumer items that contain the metals, such as motorcycles, are now subject to new and abrupt tariffs. President ...

CNBC Daily Open: Trump's expanded tariffs mean putting out home fires could be more expensive

Tariff-related ruction appears to be settling down, but U.S. President Donald Trump is still reshaping global trade and ...