tariffs

Administration Threatens to Raise Tariffs on Apple and European Union

Administration Threatens to Raise Tariffs on Apple and European Union
Administration Threatens to Raise Tariffs on Apple and European Union
May 23, 2025  |  Economy

President Donald Trump threatened to raise tariffs on Apple and the European Union in Friday (May 23) posts on Truth Social. Get the Full Story...

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AI Takes Center Stage in Amazon-Walmart Memorial Day Showdown
AI Takes Center Stage in Amazon-Walmart Memorial Day Showdown
May 23, 2025  |  Retail

Memorial Day may commemorate American sacrifice and the unofficial start of summer. But for Amazon and Walmart, it marks a critical moment in the retail...

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Ralph Lauren: Demand From High-End Consumers Will Support Price Increases
Ralph Lauren: Demand From High-End Consumers Will Support Price Increases
May 22, 2025  |  Retail

Luxury lifestyle products firm Ralph Lauren plans to raise prices to cover the cost of tariffs, saying the demand it is seeing from its high-end...

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US Business Sentiment Improves Despite Ongoing Tariff Pressures
US Business Sentiment Improves Despite Ongoing Tariff Pressures
May 22, 2025  |  Economy

American business activity and sentiment improved in May but remain muted amid ongoing tariff turmoil. Get the Full Story Complete the form to unlock this...

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Report: LVMH Tells Analysts Demand Remains Weak in Luxury Sector
Report: LVMH Tells Analysts Demand Remains Weak in Luxury Sector
May 21, 2025  |  Retail

Luxury conglomerate LVMH reportedly told investors and analysts that demand remains soft due to weaker consumer confidence in China and other markets. Get the Full Story Complete...

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Amazon CEO Andy Jassy Says Tariffs Have Not Affected Sales
Amazon CEO Andy Jassy Says Tariffs Have Not Affected Sales
May 21, 2025  |  Amazon

Amazon CEO Andy Jassy told shareholders during a virtual meeting Wednesday (May 21) that the tariffs the President Donald Trump administration imposed on imported goods...

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Target Reports Sales Drop as Consumers Focus on ‘Needs-Based Categories’
Target Reports Sales Drop as Consumers Focus on ‘Needs-Based Categories’
May 21, 2025  |  Earnings

Target reported a 3.8% decrease in comparable sales for the first quarter and said it expects to see a low single-digit decline in sales for...

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eCommerce Growth Tops Overall Retail Sales Even as Consumers Prioritize Everyday Spend
eCommerce Growth Tops Overall Retail Sales Even as Consumers Prioritize Everyday Spend
May 21, 2025  |  Economy

Consumers are tightening their grips on their wallets — digital ones and the ones kept in pockets and purses — and yet eCommerce sales still...

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