Tariffs and Americas weakness push full-year EPS guidance down
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Lulu on Thursday slashed both its full-year revenue and earnings guidance, though it excludes possible tariff refunds.
On a recent Rich Habits Podcast segment, market commentator Ron Santella put it bluntly: “The playbook from last week hasn’t changed. It’s actually gotten more entrenched. Higher for longer is the base case.” For households waiting on a refinance or a first home purchase, he was even more direct: “Today’s report tells you it’s not ... Tariff-Driven Inflation Is Trapping Mortgage Rates, and the Fed Can’t Fix It with Rate Cuts
The class-action complaint claims Amazon prioritized political goodwill over reimbursing shoppers for invalidated IEEPA tariffs.