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Stocks that are most closely tied to the health of the US consumer have trailed the broader market badly this year. A potential Federal Reserve interest-rate hike Wednesday may add to the segment’s stress.
Stock Market Today: The Dow Jones index drops Tuesday as the 10-year Treasury yield reaches its highest level since 2007. Nvidia stock rises.
Heidi O'Neill takes over after a brutal year for Lululemon, with weak sales, tariff pressure and competition all weighing on the business.
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe
The U.S. Customs and Border Protection is only processing refunds for registered importers of record, and they are not obligated to refund shoppers.
US stock futures are treading water this morning, with traders caught between the Federal Reserve's next move and a fresh batch of retail earnings. Dow futures dipped 0.2%, the S&P 500 nudged up 0.1% after a third straight weekly gain, and the Nasdaq-100 added 0.5%. It's a quieter week...
Nike benefits from nearly $1 billion in tariff refunds, while FedEx plans to return its $800 million refund to customers.
Futures for the Dow Jones Industrial Average and the other major stock indexes traded higher Tuesday, after it was reported the U.S. and Iran had reached "some sort of an arrangement" for a peace deal.
Retailers face a more cautious back-to-school consumer who is getting fatigued by higher prices driven by inflation.
Activewear maker Delta Galil has reported an increase in Q2 profit, lifted by tariff refunds, a portion of which it will invest in its manufacturing and supply chain to drive future growth.
Apple got an estimated $2.2 billion tariff refund last quarter. Amazon got $600 million. Nike got $300 million. But American consumers who paid higher prices as President Donald Trump’s tariffs filtered through the economy are getting almost nothing back.
The e-commerce giant also will use the $600 million it has recouped from invalidated tariffs to lower prices for shoppers, per a Thursday earnings call.
Wall Street is set to open higher on Thursday as strong Microsoft results helped technology stocks recover from their sharp post-Federal Reserve sell-off. Dow Jones futures were up 225 points, or 0.4%, while S&P 500 futures pointed to a 0.6% gain and the Nasdaq was called 1.3%...
HANOI, July 24 () - Vietnam faces higher U. tariffs than peers and risks a further erosion of competitiveness in the clothing sector, as the largest exporter of apparel to the U.
(Bloomberg) -- The US will collect duties of at least 10% on imports from most major trading partners, its biggest move yet to reconstruct President Donald Trump’s tariff wall that was pierced by the Supreme Court.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandAlphabet Falls as $205 Billion Spending Plan Fuels AI Cost FearTrump’s 100%
Collections ease cash-flow pressure but trade risks remain
Apparel giants face declines as weak demand, tariffs, excess inventory and restructuring challenges pressure the industry.
Nearly three-quarters of last quarter's earnings came from a one-time tariff refund. Strip it out, and the picture gets more interesting.
The sportswear brand has collected more than $300 million in refunds for the invalidated levies, as of the quarter ending May 31.
Yahoo Finance's Brooke DiPalma and Josh Lipton discuss 7-Eleven's federal trademark infringement lawsuit against Nike, which aims to block the unapproved release of an upcoming Air Max 95 sneaker featuring the convenience store's signature tri-color palette on July 11.
Nike’s stock clawed back most of a steep post-earnings drop this week. Days later, a convenience store chain filed a federal lawsuit trying to block one of Nike’s biggest sneaker launches of the summer. The two storylines are unfolding almost simultaneously, but they have nothing to do with each ...
7-Eleven has filed a trademark infringement lawsuit against Nike Inc (NYSE:NKE, XETRA:NKE), alleging that the design of an upcoming Air Max 95 sneaker improperly incorporates elements of the convenience store chain’s branding. The complaint, filed in federal court in Dallas, claims the shoe...
The Dow just closed out its best first half since 2021, up 8.7% year-to-date, yet Wednesday’s open felt like a nervous glance at the door. CNBC’s Dominic Chu kicked off July with mixed earnings, one big M&A shrug, and a jobs report that gave the bulls something to chew on. Chu flagged the labor data. ... The Dow Just Had Its Best First Half Since 2021, but This Jobs Number Is Flashing Yellow
Nike stock hit a 12-year low as a one-time tariff refund masked weak sales and analysts cut targets. Here are the key levels to watch.
