In This Story The S&P 500 took a sharp hit on Tuesday as newly implemented tariffs rattled investors’ confidence and continued a selloff that has now fully erased the market’s gains since the election of President Donald Trump in November. Target’s CEO warns that tariffs could drive up prices on popular items within a week. Here’s…
Photo: Spencer Platt (Getty Images) In This Story The Nasdaq and other major stock market indexes began the week in positive territory on Monday as President Donald Trump planned new tariffs on steel and aluminum imports. The move follows Trump’s tariff announcements last week, which shook global markets. Donald Trump wants a sovereign wealth fund….
Starbucks headquarters at Starbucks Center on July 3, 2024 in Seattle, Washington.Image: David Ryder (Getty Images) Starbucks (SBUX) has warned its corporate staff that failing to work in the office three days a week could lead to termination. The mandate is part of the coffee chain’s “standardized process,” set to launch in January, according to…
In This Story The Dow Jones Industrial Average and other major indexes opened lower on Wednesday as the yield on the benchmark 10-year U.S. Treasury note continued its upward climb, reaching 4.23%—a level not seen since July. However, there was some relief for investors as oil prices eased, with West Texas Intermediate (WTI) futures trading…
In This Story The Dow Jones Industrial Average dropped about 160 points on Friday morning, while other major stock indexes rose, driven partly by Netflix’s strong earnings report. After the opening bell, the Dow fell 162 points, or 0.4%, while the S&P 500 gained 0.2%. The tech-heavy Nasdaq composite popped 0.6%. Trump Media might just…