Macy’s executives warned on Wednesday that the retailer will raise the prices of select products due to global tariffs. CEO Tony Spring, who took over last year to lead the…
Vice President JD Vance on Wednesday delivered remarks at a bitcoin conference to highlight the Trump administration’s policies related to cryptocurrency and digital assets. Vance attended the Bitcoin 2025 Conference in…
House Republicans‘ proposal to implement stricter Medicaid work requirements is designed to strip out waste, fraud and abuse from the widely used healthcare program, but the changes could see millions…
U.S. Federal Reserve officials at their last meeting acknowledged they could face “difficult tradeoffs” in coming months in the form of rising inflation alongside rising unemployment, an outlook buttressed by…
For the first time, Shake Shack, the fast-casual burger chain, is getting into the loyalty game to ramp up business with economic uncertainty looming. Starting Wednesday, the burger chain, founded…
Victoria’s Secret’s website went dark on Wednesday after a “security incident” prompted the company to completely shut down U.S. online operations. Customers clicking onto the world’s largest lingerie retailer’s website…
Chevron has terminated the oil production, service and procurement contracts it had to operate in Venezuela, delegating its joint-venture governance to its partner, state company PDVSA, but it plans to…
American lobsters could get shipped to the European Union (EU) tariff-free amid the U.S. and the EU’s ongoing discussions on trade. The U.S. and EU have been negotiating a deal…
Tech giant Nvidia reported its first-quarter earnings on Wednesday, beating analysts’ expectations, though it projected second-quarter sales below estimates amid tightening export controls to China that cover some of its…
E.l.f. Beauty recently signed a definitive agreement to acquire celebrity skincare brand Rhode, founded by Hailey Bieber, in a $1 billion megadeal. The agreement includes $800 million of consideration payable…
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