Target Corp
Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group says
A customer shops for produce at an H-E-B grocery store in Austin, Texas, on Feb. 12, 2025. Brandon Bell | Getty Images Shoppers will likely pay more for coffee, bananas, vanilla and toilet paper over the coming weeks as the Trump administration’s new tariffs go into effect. The U.S. plans to hike tariff rates on […]
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Trump’s tariffs leave gadget makers in crisis: ‘I’m going to run out of appliances’
President Donald Trump holds an executive order about tariffs increase, flanked by U.S. Commerce Secretary Howard Lutnick, in the Oval Office of the White House in Washington, D.C., U.S., February 13, 2025. Kevin Lamarque | Reuters When President Donald Trump made it clear that he was serious about implementing dramatic tariffs on top U.S. trading […]
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Here are the most oversold stocks due for a technical bounce after another tough week
Following another difficult week for the markets, certain stocks are showing oversold signals, meaning they may be due for a comeback. Fears of a recession and tariff uncertainty continued to pressure stocks. The S & P 500 and the 30-stock Dow Jones Industrial Average eked out narrow gains on Friday, while the Nasdaq Composite rose […]
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Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm
Key Points Swedish fintech firm Klarna will be the exclusive provider of buy now, pay later loans for Walmart, taking a coveted partnership away from rival Affirm, CNBC has learned. Klarna, which disclosed its intention to go public in the U.S., will provide loans to Walmart customers in stores and online through the retailer’s majority-owned […]
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Here are the most oversold stocks due for a trader’s bounce following the market rout
The market just saw its fourth straight week in the red, but there are some stocks that are so washed out they may be due for a rebound. On Friday, the S & P 500 closed the week down about 2.3%, putting the loss since its Feb. 19 all-time at 8.2%. The Nasdaq Composite and […]
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Ulta issues weak guidance, citing consumer uncertainty, rising competition and company missteps
Ulta Beauty on Thursday issued weak guidance for the year ahead as it navigates a series of internal missteps, rising competition and what it called “consumer uncertainty.” The retailer, which appointed Kecia Steelman as its new CEO in January, said it’s expecting comparable sales to be flat or grow 1% in 2025, while analysts had […]
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Stocks making the biggest moves midday: Nvidia, Intel, PepsiCo, Tesla and more
Check out the companies making headlines in midday trading. Nvidia — Stock in the chipmaker surged more than 6%, reversing course after several weak sessions. Shares slumped roughly 8% in March and are down 14% in 2025. Target — Stock in the retailer slipped about 3%, as the broader field of consumer defensive stocks took […]
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Gen Z’s wealth effect will shape the economy over time — here’s who will benefit
With rising incomes and a willingness to spend, Generation Z could have a profound impact on the economy and the market. The cohort’s global income levels are expected to increase from $9 trillion in 2023 to $36 trillion around 2030 and $74 trillion by 2040 — the largest of all generations, Bank of America said […]
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Abercrombie & Fitch shares fall after star retailer posts weak guidance for year ahead
Abercrombie & Fitch‘s growth story is starting to slow down. The apparel retailer issued weaker-than-expected guidance for its current quarter and fiscal 2025, and said it expects its sales will grow more slowly than Wall Street anticipated. Abercrombie is expecting sales to rise between 3% and 5% in fiscal 2025, well below estimates of 6.8% […]
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Trump’s Mexico tariffs could raise produce prices in the next few days, Target CEO says
Shoppers will likely see produce prices increase in the coming days due to President Donald Trump’s tariffs on Mexican imports, Target CEO Brian Cornell said Tuesday. The Trump administration’s 25% levies on goods from Mexico and Canada, along with an additional 10% duty on Chinese imports, took effect Tuesday. Cornell said Target relies heavily on […]
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