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Categories Economy

Macy’s CEO says retailer will hike some prices as tariffs cut into profits

May 29, 2025

Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said

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Categories Economy

Why Trump’s iPhone tariff threat might not be enough to bring production to the U.S.

May 25, 2025

The once-solid relationship between President Donald Trump and Apple CEO Tim Cook is breaking down over the idea of a U.S.-made iPhone. Last

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Categories Economy

Trump clears Nippon merger with U.S. Steel

May 24, 2025

President Donald Trump on Friday cleared the merger of U.S. Steel and Nippon Steel, after the Japanese steelmaker’s previous bid to acquire

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Categories Economy

United Airlines reaches ‘industry-leading’ labor deal with flight attendants, union says

May 24, 2025

United Airlines reached an “industry-leading” tentative labor deal for its 28,000 flight attendants, their union said Friday. The deal includes “40% of total

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Categories Economy

How UnitedHealthcare became the face of America’s health insurance frustrations

May 23, 2025

It took six months, countless hours on hold and intervention from state regulators before Sue Cover says she finally resolved an over

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Categories Economy

Burger King targets families through movie partnerships in latest stage of turnaround

May 23, 2025

As Burger King enters the next phase of its turnaround efforts, the fast-food chain is trying to lure families back to its restaurants

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Categories Economy

Target calls price hikes a ‘very last resort’ for offsetting tariffs as sales slump

May 22, 2025

Raising prices on consumers to cover the costs of President Donald Trump’s tariffs will be Target’s ‘very last resort,’ CEO Brian Cornell

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Categories Economy

A man once sued by the SEC wins Trump crypto contest to have dinner with the president

May 22, 2025

We now know who won the contest to attend an intimate dinner with President Donald Trump by buying his cryptocurrency — and he’s

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Categories Economy

Levi Strauss to sell Dockers to brand management firm Authentic Brands Group

May 21, 2025

Levi Strauss has agreed to sell Dockers to brand management firm Authentic Brands Group for $311 million, the companies announced Tuesday.  Under the terms

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Categories Economy

Tariffs or not, a Chinese baby products company is ramping up its U.S. expansion

May 21, 2025

BEIJING — One Chinese baby products company announced Tuesday it is officially entering the United States, the world’s largest consumer market —

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