The data also comes as U.S. President Donald Trump boosted tariffs on Chinese imports to 125% overnight, up from his earlier figure of 104%.
Related Posts
Macy’s ends delivery expense investigation, saying employee hid $151 million
The department store operator slightly raised its full-year forecast, while still projecting a sales decline.
Target’s recent trade imports data tells the real story behind massive earnings miss
Target’s CEO and COO cited the recent ports strike as a factor in the retailer’s big earnings miss, but shipping data shows the problems run […]
Bessent says Powell doesn’t need to resign but should conduct internal review
There have been no indications from Powell that he plans to step down despite a barrage of criticism from the Trump administration.