Starbucks on Tuesday reported weaker-than-expected earnings and another quarter of same-store sales declines, but the coffee giant said its turnaround strategy is showing early signs of success."Our financial results don't yet reflect our progress, but we have real momentum with our 'Back to Starbucks' plan," CEO Brian Niccol said in a video posted...
Category: News
Buy now, stock up or delay: Here’s what consumers are snapping up or putting off in face of tariffs
In an aerial view, Ford Broncos are seen for sale on a lot at a dealership on April 18, 2025 in Austin, Texas.Brandon Bell | Getty ImagesAt car dealerships across the country, consumers are rushing to buy new vehicles ahead of tariff-related price hikes. Some shoppers have also replaced iPhones...
Canadian small businesses are taking Trump’s tariffs personally
Close-up of 'Shop Canadian' poster displayed in a local storefront in Edmonton, Alberta, Canada, on April 4, 2025.Artur Widak | Nurphoto | Getty ImagesJust across the U.S.-Canada border, some small businesses are taking tariffs personally.President Donald Trump has said his wide-sweeping tariffs, even on some of the country's closest trade...
Wall Street trading desks are feasting on the volatility from Trump’s global upheaval
U.S. President Donald Trump meets with El Salvador President Nayib Bukele (not pictured) in the Oval Office at the White House in Washington, D.C., U.S., April 14, 2025. Kevin Lamarque | ReutersWall Street banks just posted their biggest-ever haul from stock trading as the opening months of President Donald Trump's tenure...
Auto sales are on a ‘roller coaster ride’ as tariffs are expected to increase prices
DETROIT — Prices of new and used vehicles in the U.S. are expected to notably increase this year amid President Donald Trump's 25% auto tariffs, according to a new analysis from industry experts at Cox Automotive.The automotive data and advisory firm expects the levies to add thousands of dollars to...