US apparel retailer Carter’s has disclosed plans to shutter 150 stores across North America by 2028 as it grapples with the financial strain of tariffs. The retailer also plans to reduce its office-based workforce by 300 – a 15% cut – by the end of 2025. The adverse effects of the tariffs introduced by President … Read more
More than nine months into his second term, President Donald Trump is struggling to deliver on a key campaign promise: making life more affordable. That’s not criticism from a political adversary but an admission from a fellow Republican, Rep. Marjorie Taylor Greene. “Prices have not come down at all,” Greene said on the The Tim … Read more
President Trump is on his way to Asia for a three-country trip. On Saturday, he also announced new, punishing tariffs on Canada. Willie James Inman has the details. #Trump #announces #punishing #tariffs #Canada
NEW YORK (AP) — U.S. stocks hit records on Friday after an update on inflation came in a bit less painful than feared. The S&P 500 rose 0.8% and topped its prior all-time high, which was set earlier this month. The Dow Jones Industrial Average rallied 472 points, or 1%, and the Nasdaq composite climbed … Read more
By Caroline Valetkevitch NEW YORK (Reuters) -Gold prices declined again on Wednesday, a day after spot gold had its sharpest single-day drop in over five years, while major stock indexes mostly eased with Netflix shares down after the company’s outlook disappointed. Gold, one of the year’s best-performing trades, slid as investors booked profits. It remains … Read more
Topline With Donald Trump demolishing the White House’s East Wing to make room for a 90,000-square-foot ballroom, the president is returning to the playbook from his Trump Tower days—move fast, build big and leave preservationists fuming. Donald Trump stands on 5th Avenue outside of Trump Tower in 1987. Getty Images Key Facts In October 1979, … Read more