Steve Witkoff has gone from spotting Trump cash at a deli to helping him navigate Ukraine and Gaza
US agencies face Thursday deadline to submit mass layoff plans
Cryptoverse: Bitcoin's bear market hits newcomers hardest
Canada's CIBC names capital markets head Harry Culham as next CEO, Dodig to retire
Euro zone industrial output grows quicker than expected in January
Alejandro Tosti jumps into the water at The Players Championship after making hole-in-one
Rare, disallowed penalty causes controversy as Real Madrid beats Atlético Madrid in Champions League last 16
How a serious health scare changed Gary Woodland's perspective on golf and life
Business|Economy|Political|US
From soup cans to airplanes, steel and aluminum are a fundamental part of American life
Steel and aluminum are ubiquitous in Americans’ lives
Latest From ANNE D’INNOCENZIO
Business|Economy|Political|US
Trump's erratic trade policies are baffling businesses, threatening investment and economic growth
President Donald Trump’s ever-changing, on-again, off-again tariff war with America’s three biggest trading partners – Mexico, Canada and China — is baffling businesses and causing them to delay or cancel the investments that help drive economic growth
Business|Economy|Political|US
Toys are expected to cost more by fall due to new US tariffs on Chinese imports
As toy inventors, toy manufacturers and buyers for stores that sell toys met for an annual trade show in New York last weekend, a topic besides which items were destined for holiday wish lists permeated the displays
Business|Economy|Finance|Stock Markets|US
Macy's fourth quarter is mixed and its 2025 outlook is tempered by tariffs and leery shoppers
Macy’s swung to a profit in the fourth quarter, though sales dipped with shoppers still cautious about spending
Business|Economy|Finance|Stock Markets|US
Target posts strong Q4 profits and sales, but warns of cautious spending as tariffs take hold
Sales and profits slipped for Target during the crucial holiday quarter as customers held back on spending, and the company said there will be “meaningful pressure” on its profits to start the year because of tariffs on Mexico, Canada and China and other costs
Business|Economy|Finance|Political|US
Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov't report suggests
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy
Business|Economy|Political|US
Economic blackout: Will a 24-hour boycott make a difference?
An “economic blackout” promoted on social media is underway but with no clear indication of how many people took part or whether retail companies and restaurants will notice any effect from the grassroots protest
Arts|Business|Economy|Lifestyle|US
Fabric and craft retailer Joann to go out of business and close all of its stores
Fabric and crafts retailer Joann Inc., which has been a destination for generations of quilters, knitters and other lovers of crafts for more than 80 years, is going out of business and shuttering all its stores
Business|Economy|Finance|Stock Markets|US
Walmart rolled through 2024, but uncertainty about consumers and tariffs seep into year ahead
Walmart delivered another year of strong sales and profits with its competitive prices an increasingly strong magnet for inflation-weary shoppers, but this year appears to come with new challenges in an uncertain economic landscape
Business|Economy|US
US retail sales plunged along with temperatures in January after a bustling holiday season
U.S. retail sales dropped sharply last month, in part because cold weather kept more Americans indoors and dented sales at car dealers and most other stores
Business|Economy|Fashion and Beauty|Stock Markets|US
Estee Lauder to cut up to 7,000 jobs as sales slide
Estee Lauder said it’s expanding its restructuring plan to include job cuts anywhere from 5,800 to 7,000 by fiscal 2026 as the global beauty company tries to boost sales and profits
Business|Political|US
Target is ending its diversity goals as a strong DEI opponent occupies the White House
Discount store chain Target says it’s joining rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives
Business|Political|US
Costco successfully defends its diversity policies as other US companies scale theirs back
Costco has claimed victory in pushing back on a shareholder proposal that urges the wholesale club operator to conduct an evaluation of any business risks posed by its diversity, equity and inclusion practices
Business|Economy|Finance|US
Retail sales rise 0.6% in August largely due to a spike in gas prices
Americans stepped up retail spending modestly from July to August as the price of gasoline jumped, cutting into budgets as many families send their kids off to school
Celebrity|Sports
Anti-Defamation League says Adidas CEO apologizes for misstatement about Kanye West
The head of the Anti-Defamation League said in a post on X on Thursday that he was in touch with Adidas CEO Bjorn Gulden who apologized for his remarks about Kanye West and reiterated the sportswear company’s fight to end antisemitism
Business|Economy|News
Target to close 9 stores, including 3 in the San Francisco Bay Area, citing safety concerns
Target says it's closing nine stores in four states, including one in New York City’s East Harlem neighborhood, and three in the San Francisco Bay Area
Business|Economy|Finance|US
Retail sales rise solid 0.7% in September, reflecting US shoppers' resilience despite higher prices
Americans showed their steadfast resilience and kept spending in September even as they grappled with higher prices, interest rates and a host of other headwinds piling up
Business|MidEast|News|Opinion|World
Company bosses and workers grapple with the fallout of speaking up about the Israel-Hamas war
The fallout from the Israel-Hamas war has spilled into workplaces everywhere, with corporate leaders from the highest ranks of prominent companies weighing in with their views while workers complain their voices are not being heard
Europe|MidEast|News|Technology
CEO of a prominent tech conference resigns amid backlash for public statements over Israel-Hamas war
Paddy Cosgrave, the chief executive officer of a prominent European tech conference called Web Summit, resigned from his role on Saturday amid backlash for his public statements that suggested Israel was committing war crimes
Business|Crime|Fashion and Beauty|Lifestyle
Abercrombie & Fitch slapped with lawsuit alleging sexual abuse of its male models under former CEO
A former model for Abercrombie & Fitch has sued the fashion retailer, alleging it allowed its former CEO Mike Jeffries to run a sex-trafficking organization during his 22-year tenure
Business|Economy|Finance|News|US
US consumers keep spending despite high prices and their own gloomy outlook. Can it last?
A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded economists, Federal Reserve officials and even the sour sentiments that Americans themselves have expressed in opinion polls
Business|Economy|Finance|US
Retail trade group: holiday sales expected to slow to 3% to 4%, compared with 5.4% growth a year ago
The National Retail Federation, the nation’s largest retail trade group, expects shoppers will spend more this year than last year, but their spending pace will slow given all the economic uncertainty
Business|Economy|Finance|News|US
US employers pulled back on hiring in October, adding 150,000 jobs in face of higher borrowing rates
The nation’s employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market may be cooling but remains resilient despite high interest rates that have made borrowing much costlier for companies and consumers
Business|Economy|Finance|News
Target tops third quarter profit expectations, but inflation weighs on shoppers
Target on Wednesday reported a hefty third-quarter profit increase that handily beat Wall Street expectations, benefiting from efforts to hold down costs
Economy|Finance|News|US
Retail sales slip in October as consumers pull back after summer splurges
Americans cut back on retail spending in October, ending six straight months of gains, though the decline was partly driven by falling prices for both gasoline and cars
