News

Chewy’s stock slides as a dip in profitability disappoints investors with high expectations
Shares of Chewy Inc. took a dive in early trading Wednesday after the online pet-products retailer took a hit to gross margin ...
Here’s how the 55% U.S. tariffs on China are broken down
How much? Trump, in a post on Truth Social, said the U.S. is “getting a total of 55% tariffs.” A White House official told ...
Musk Says He Regrets Some Posts About Trump After Explosive Fallout
Elon Musk appeared to row back his war of words with President Trump after the pair traded insults in a dramatic and public ...
Stocks open mixed after softer-than-expected May inflation report; investors watch US-China trade deal
U.S. stocks were mixed on Wednesday morning after softer-than-expected May inflation data sent Treasury yields lower. Investors also digested the news from earlier that Washington and Beijing finally ...
Fed likely to stick with wait-and-see message next week following May CPI: strategist
May's muted consumer-price index report will probably give Federal Reserve officials solace that cooler underlying inflation trends will provide a "buf ...
Inventory front-loading to avoid tariffs may be a factor in May's cool inflation report: J.P. Morgan
One potential reason for the cooler-than-expected CPI reading for May could be the huge inventory [front-loading that U.S. companies did earlier this year to get ahead of tariffs]( ...
LeddarTech Fires Most Employees as Financial Woes Worsen, Mulls Declaring Bankruptcy; Shares Down
As a result, the company doesn't have the funds to maintain its staff, and said it has laid off most of its employees and won't call back any employees that were previously furloughed. In late May, ...
It might be premature to assume that Trump’s tariffs could have limited impact on inflation, says one strategist
Investors were cheering the below-forecast inflation reading for May, but it might be premature to assume that President Donald Trump’s aggressive tariffs could have limited impact on inflation, ...
Cool inflation reading not seen rushing Fed to cut rates
A cooler-than-expected May consumer price index reading strengthened market expectations for at least two rate cuts by year-end, but isn't seen sparking a rush by the Federal Reserve to further ease ...
Good news on CPI front still warrants caution from investors: CIO
A positive consumer-price index report for May could reinforce a view on Wall Street that peak tariff concerns are in the rearview mirror. The U.S. and China are also outlining a framework for a trade ...
DoubleVerify Shares Rise on Lyft Partnership, Guidance
DoubleVerify Holdings shares rose 11% in premarket trading following a partnership with Lyft and providing guidance for the year. Shares were trading around $16.56. The stock is down about 22% on the ...
Yield on 2-year Treasury drops after CPI comes in cooler than expected
Treasury yield was lower Wednesday morning after a report on consumer prices came in cooler than expected. The 2-year yield was down 7 basis points to 3.95%, a signal that investors may see a case for ...