Articles

Why Kohl’s investors are happy its new CEO was fired after just 106 days at the helm

The discount department store’s stock recently closed at a 30-year low, and had been losing to those of its rivals by a wide margin.

Hershey using ‘every lever in the toolbox’ to reduce impact of cocoa tariff

Chocolate giant says “unmitigated” impact of tariffs may cost up to $100 million per quarter.

‘Sell America’ fears look more like ‘buy less’ as Treasury auctions loom and a debt-limit battle brews

Foreign investors are buying fewer Treasurys at auction – and Americans should be worried

Don’t let your grandchildren destroy your nest egg. Here’s how to help without hurting yourself.

About 96% of grandparents financially support their grandchildren in some way.

American manufacturers are slumping again — and trade wars are to blame

American manufacturers had just begun to emerge from a long slump when the Trump trade wars struck. Now they have fallen back into contractionary territory as they try to cope with widespread tariffs.

A flat $1,660 monthly Social Security benefit for everyone? It’s one proposed CBO remedy.

Even this radical rethink would only pay for about 12% of the cost of the tax cuts currently being considered by Donald Trump and congressional Republicans.

Are consumers under spending pressure? Not according to Mastercard’s earnings.

Mastercard’s CEO noted weakening consumer sentiment but said “the fundamentals that support consumer spending have been solid.”

Jobless claims rise to highest level since October, but not from tariff war

Companies are not laying off workers by large amounts, and are still watching and waiting amid uncertainty about how the economy manages the higher tariffs.

Estee Lauder to lay off up to 7,000 — more than it initially planned

Estee Lauder said it would adopt a “more competitive approach” to its procurement by consolidating its spending and re-evaluating its suppliers.

What 150 years of stock-market data says about performance during high-tariff eras

A unique database of investment returns that dates back to 1875 shows that high tariffs can coexist with stock-market gains.

Why Microsoft’s stock is seeing an unusually large gain after earnings

Microsoft saw a surprisingly strong performance in the cloud, but it’s also monetizing generative AI well and moderating capital-spending growth.

CVS Health’s Aetna to exit Obamacare business, boost Wegovy access

CVS’s stock surges toward a one-year high after profit and revenue beat expectations, amid strength in the pharmacy business, and the full-year outlook was raised.
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