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Target now expects a “low single-digit [percentage] decline” in sales for the fiscal year; it previously forecast 1 percent ...
The retailer’s sales fell short of expectations, and it slashed its full-year financial forecast, citing a “challenging” ...
Expectations that inflation will rise increased sharply. All Americans appear worried about higher prices from tariffs.
Separately, Amazon.com, Inc. (NASDAQ:AMZN) faced pressure on ESG fronts. Shareholders voted down all eight external proposals ...
Home Depot said on Tuesday it will keep prices unchanged despite U.S. tariffsthat might however make some products ...
Another reason consumers have been insulated: Businesses are already absorbing the costs, according to the latest gauge of US ...
President Trump believes he can force more goods to be made at home by raising taxes on American imports. He imposed new ...
The Trump Administration has announced tariffs on trade with other countries. While there has been a lot of uncertainty as to how these policies will evolve, it's generally agreed that tariffs can be ...
The retailer's CEO attributed the results to weakness in discretionary spending, declining consumer confidence, uncertainty ...
President Donald Trump’s tariffs appear to be holding down inflation for now, especially for services such as air travel and hotels, as uncertainty dampens consumer demand. But the levies are ...
WASHINGTON — U.S. consumer sentiment fell slightly in ... Yet on Thursday Walmart said it had started to lift prices in response to the tariffs and will do so even more in June and July just ...