Economy
‘Dear Canada’: U.S. tourist spots try to win back neighbors from the north
Visitors walk near in Old Orchard Beach, Maine, on July 22, 2025. Robert F. Bukaty | AP Photo The adage “time heals all wounds” is not holding true for Canadian travelers and their desire to vacation in America. Visits to the United States from Canada are down 25.2%, year to date, with a 37% year-over-year […]
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Stocks making the biggest moves after hours: Ulta Beauty, Dell Technologies, Gap, Autodesk and more
Check out the companies making headlines in extended trading. Ulta Beauty — The cosmetics and beauty products retailer surged about 6% after raising its full-year earnings and revenue forecast. Ulta expects full-year revenue of $12 billion to $12.1 billion, above the $11.7 billion estimate from analysts polled by LSEG. Ulta expects full-year earnings of $23.85 […]
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Why the end of ‘de minimis’ can hurt consumers — especially lower-income ones
Containers are loaded and unloaded at Port Jersey Container Terminal in New Jersey, on May 1, 2025. Mostafa Bassim/Anadolu via Getty Images The Trump administration is scrapping the “de minimis” rule on Friday, a move likely to raise prices for consumers who buy inexpensive goods online and that may trigger near-term shortages for certain items, […]
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Lisa Cook’s lawsuit against Trump skirts mortgage fraud allegation
Key Points Fed Governor Lisa Cook’s lawsuit against Donald Trump challenges his ability to remove her from office but only briefly addresses the central accusations that she committed mortgage fraud. Cook did call mortgage fraud accusations “unsubstantiated and unproven” without going into detail. In a statement to CNBC, Federal Housing Finance Agency Director Bill Pulte […]
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Stocks making the biggest moves midday: Nvidia, Pure Storage, Snowflake, Hormel and more
Check out the companies making headlines in midday trading: Nvidia — The graphics processing unit manufacturer slipped more than 1% after its data center revenue came in below estimates for the second straight quarter. However, Nvidia posted a second-quarter earnings and revenue beat. Hormel — The food company’s stock fell more than 13% to a […]
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European Union to remove tariffs on U.S. industrial goods, triggering cuts for EU autos
Rows of Volkswagen ID Buzz electric buses are parked at the National City Marine Terminal, a major port for vehicle imports and exports to the U.S. Kevin Carter | Getty Images News | Getty Images The European Union formally proposed Thursday to remove tariffs on American industrial goods, fulfilling a key element of the U.S.-EU framework […]
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U.S. economy expanded 3.3% in Q2, with growth even stronger than initially thought
A shopper holds Macy’s bags outside the company’s flagship store in the Herald Square neighborhood of New York, July 15, 2025. Alan Chin | Bloomberg | Getty Images The U.S. economy grew at a pace that was faster than expected in the second quarter as consumers and businesses held up against tariff volatility. Gross domestic […]
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Fed Governor Lisa Cook sues Trump to block her firing
Lisa Cook, governor of the US Federal Reserve, speaks at the Peterson Institute For International Economics in Washington, DC, US, on Thursday, Oct. 6, 2022. Ting Shen | Bloomberg | Getty Images Federal Reserve Board Governor Lisa Cook on Thursday sued President Donald Trump, seeking to block his unprecedented move to fire her. The suit, filed in federal […]
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Stocks making the biggest moves premarket: Nvidia, Dollar General, Bath & Body Works, Snowflake, and more
Check out the companies making headlines before the bell. Nvidia — The graphics processing unit manufacturer slipped nearly 2% after its data center revenue came in below estimates for the second straight quarter. However, Nvidia posted a second-quarter earnings and revenue beat. Other chip stocks such as Taiwan Semiconductor, ASML, Advanced Micro Devices and Microchip […]
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Europe markets set to open higher as investors assess Nvidia results
European stock markets are heading for a higher open Thursday, as investors assess an above-consensus quarterly earnings report from chipmaker Nvidia. The U.S.-listed firm, which makes products for tech giants including Microsoft, Google, Meta and Amazon, said sales growth this quarter will remain above 50% in a sign of the continued resilience of the artificial […]
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