Author: Trendytimes
Images: Scott Olson (Getty Images), Scott Olson / Staff (Getty Images), Scott Olson (Getty Images), Duolingo, Photos: Andrew Harnik (Getty Images), Michael Ciagro (Getty Images), Jolele (Getty Images), Mario Tama (Getty Images) Walmart in Chicago, Illinois. – Image: Scott Olson (Getty Images) According to US CEO John Ferner, the big wage bump for Walmart store managers is paying off. At the National Retail Federation (NRF) State of Retail & The Consumer 2025, Farner highlighted the company’s efforts to increase engagement and performance across its management ranks. read more In this picture, wegovy, an injectable weight loss drug, is available at…
Photos: McDonald’s, Anna Money Maker (Getty Images), Jackie Snow, Win McNamee (Getty Images), Sean Gallup (Getty Images), Miguel J. Rodriguez Carillo/Stringer (Getty Images), Anna Money Maker/Staff (Getty Images), Scott Olson (Getty Images), Jolie Dru (Getty Images) Photo: McDonald’s Starting April 8th, there will be new permanent menu items in the Golden Arches menu. The chain has been testing premium lemonade drinks in several stores since last year, but has now decided to expand nationwide. McDonald’s announced the lemonade on a website describing it as “handmade by drink experts, featuring real lemon juice, small slices of lemon pulp and real cane…
The recently dubbed “Lag Seven” players are again… behind. After a brief comeback on Wednesday when the Federal Reserve was resupplied, most of the major tech giants had lost steam by the second half of Thursday. Exceptions: Nvidia (NVDA) and Meta (Meta). Each rose 0.8% and 0.7% respectively, leaving less than 20 minutes to close the bell. Still, almost all of the “magnificent 7” stocks are about 20% off the 52-week high as risk-off sentiment continues with bigger policies and gives uncertainty. Tesla (TSLA) is over 50%. “Because this uncertainty could continue, I don’t think it’s time to take a…
The Federal Reserve provided relief to the market on Wednesday as central banks continued to forecast two paths for interest rate cuts in 2025. However, the stock rallies on the day were not held on Thursday and Friday, reflecting a sense that the main issues plaguing the stock market last month have little changed. 22V investigative President Dennis Debschele told Yahoo Finance that the market is focusing on President Trump’s tariffs and possible mutual obligations through the Fed Conference. And understanding how any of these policy plans will affect the profits of businesses this year is “what the market is…
President Trump announced Friday that he plans to move management of the federal student loan program to the Small Business Administration (SBA). “We have a very large portfolio. Lots of loans. Tens of thousands of loans. Quite complicated transactions. And that’s coming out of the Department of Education soon,” Trump said, and there are currently around 43 million Americans with student debt. Read more: Tips for quickly paying off student loans The president offered little details on how small business managers envision managing loan programs or what borrowers can expect in the next few weeks, but suggested the process would…
The shares were recently sold as investors consumed President Trump’s latest tariffs. Headlines are expected to intensify in the week due to the April 2nd mutual tariff deadline, when Trump was called “liberation day” on Wednesday. The big question from investors heading towards the expected announcement is the degree to which Trump will impose taxes on trading partners and whether the move will lead to further escalation of the trade war. “There’s a lot to digest in the market,” Henrietta Treys, director of economic policy at Vedic Partners, told Yahoo Finance. “And they will see how positive and long-term these…
Apple’s (AAPL) shares fell more than 7% before the bell, and still leads the sale of tech stocks following a larger tariff than Trump expected. Apple’s overseas production hubs are particularly vulnerable given the presence of iPhone manufacturers in China, Vietnam and India. These countries face customs duties of 34%, 46% and 26%, respectively, when additional taxes are taken into consideration. “Apple basically produces all iPhones in China. The issue is about exceptions and exemptions from this customs policy, like Apple announced in February, if those companies are building more businesses, factories and plants in the US.” Elsewhere in high…
Tech stocks plummeted on Thursday, with Apple (AAPL) leading the “magnificent seven” name following President Trump’s mutual tariff announcement the previous day. Apple’s stock notched on its worst day since March 2020 after its share price cratered more than 9% and erased more than $300 billion from its market capitalization. According to analysts, the biggest risks are centered around iPhone manufacturers’ overseas production hubs. This is particularly vulnerable to customs countries. Read more about Apple’s stock movements and market action today. NasdaqGS – Citation delay • USD Nearby: April 3rd, 4:01pm EDT On Wednesday, Trump announced tariffs affecting around 185…
US bank stocks plummeted following a tariff announcement that President Trump cleans up on Thursday as concerns have been raised about how the biggest names in finance will be affected by the growing likelihood of a US recession. The index tracking the US banking industry (^BKX) fell by about 10% on Thursday. This is the worst day since the regional banking crisis struck the industry in March 2023. Individual stocks in the country’s largest banks also fell. JPMorgan Chase (JPM), Wells Fargo (WFC), Citigroup (C), Goldman Sachs (GS), Morgan Stanley (MS), and Bank of America (BAC) fell between 7% and…
Even the cash press, which is Amazon Prime, can’t blunt the blow to profits from President Trump’s new tariffs to Amazon (AMZN). Amazon could achieve annual operating profits of between $5 billion and $10 billion from higher first-party merchandise costs due to tariffs, Goldman Sachs technology analyst Eric Sheridan warned in a note Friday afternoon. Sheridan estimated that Amazon’s US product costs would rise by 15% to 20%, assuming there were no mitigation factors such as cost reductions or vendor negotiations. “We believe Amazon investors are (and will remain) focused on the potential financial impact of mutual tariffs announced by…