United States
Why Target is losing out against competitors Walmart and Costco
Retailer Target is under pressure on multiple fronts: it’s facing pushback after rolling back its diversity, equity and inclusion initiatives; it’s fighting off stiffer competition from nimble competitors like Amazon; and the company has higher exposure to a decline in consumer spending amid inflation and tariff volatility than rivals like Walmart and Costco. Target’s decision […]
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Pandora warns U.S. tariffs will spark sweeping jewelry price increases
A charm bracelet on display in a Pandora store in Copenhagen, Denmark. Bloomberg | Getty Images Danish jewelry brand Pandora has warned of significant price increases across the affordable jewelry industry if U.S. President Donald Trump’s proposed tariff hikes come into play following the White House’s 90-day pause on the levies announced in April. CEO […]
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European markets edge lower as corporate earnings remain in focus; Novo Nordisk jumps 4%
German factory orders jumped more than expected in March ERGOLDING, GERMANY – OCTOBER 25: An employee during the final check while Bavarian Minister of State Florian Herrmann attends the opening of the new electric car motor housing production line at the BMW Landshut factory on October 25, 2024 in Ergolding, Germany. Analysts are predicting a […]
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Trump tariffs and export curbs on China cast a cloud over major chip stocks
Illustration of the China and U.S. flag on a central processing unit. Blackdovfx | Istock | Getty Images Uncertainty — that was the theme during earnings season for the world’s biggest semiconductor firms which are unclear on demand for their products as a result of changing U.S. tariff policy and export restrictions that have been […]
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Investors fled to Europe and Japan after Trump’s tariffs jolted U.S. markets, Bank of America says
U.S. President Donald Trump delivers remarks at the White House in Washington, D.C., on April 2, 2025. Brendan Smialowski | Afp | Getty Images Stocks on Wall Street and beyond have been rocked by volatility in recent weeks, as U.S. President Donald Trump rolled out some tariffs, paused others, and ramped up duties on Chinese […]
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Novo Nordisk cuts 2025 guidance as drug copycats hit Wegovy sales, posts first-quarter profit beat
Flags with the logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic and Wegovy are pictures while the company presents the annual report at Novo Nordisk in Bagsvaerd, Denmark, on February 5, 2025. Mads Claus Rasmussen | Afp | Getty Images Novo Nordisk on Wednesday reported a better-than-expected rise in […]
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CNBC Daily Open: Countries want to strike deals with U.S. — but are also making them without it
U.S. President Donald Trump holds a meeting of the Fifa Task Force at the White House in Washington, D.C., U.S., May 6, 2025. Kent Nishimura | Reuters After U.S. President Donald Trump shattered — or at least fractured — global trade relationships and supply chains, there are promising signs of reconstruction in recent days. Indeed, […]
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CNBC Daily Open: Trump says the U.S. doesn’t need a trade deal — the UK and India have made one without it
U.S. President Donald Trump speaks during a rally at Macomb Community College on April 29, 2025, at Warren, Michigan, U.S. Scott Olson | Getty Images News | Getty Images After U.S. President Donald Trump shattered — or at least fractured — global trade relationships and supply chains, there are promising signs of reconstruction in recent […]
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Asia-Pacific markets set to mostly climb on U.S.-China trade talks
Shipping containers and gantry cranes beyond a fishing boat near the Yangshan Deepwater Port in Shanghai, China, on Wednesday, Dec. 6, 2023. China’s trade figures are scheduled for release on Dec 7. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets are set to mostly climb Wednesday after reports that U.S. Treasury Secretary Scott Bessent and […]
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Stock futures rise on news of upcoming U.S.-China trade talks: Live updates
Traders work on the floor of the New York Stock Exchange on April 29, 2025. NYSE Stock futures advanced Tuesday night as investors monitored the latest updates on U.S. trade negotiations and looked toward the Federal Reserve interest rate announcement expected Wednesday afternoon. Dow Jones Industrial Average futures added 236 points, or 0.6%. S&P 500 […]
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