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U.S. announces probe into chip, electronics imports, paving the way for new tariffs
The U.S. Commerce Department is conducting an investigation into imports of various semiconductor technologies and electronics, a federal notice shows.
Mortgage demand drops for the first time in 5 weeks, after interest rates rise
Total application volume fell 0.7% compared with the previous week, according to the MBA’s seasonally adjusted index. That was the first decline in five weeks.
Dick’s Sporting Goods raises guidance after second-quarter earnings beat
Dick’s Sporting Goods beat Wall Street’s expectations on the top and bottom lines, leading it to raise its full year profit and sales guidance.