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  Month: May 2025

Finance

Trump tariffs would still ‘pinch’ consumers even if trade court block holds, economist says

May 31, 20250

President Donald Trump holds a chart as he announces a plan for tariffs on imported goods during an event April 2, 2025, in the Rose Garden at th...

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Economy

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

May 31, 20250

Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show up in consumer pric...

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Business

This is why Jamie Dimon is always so gloomy on the economy

May 31, 20250

Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of W...

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Earnings

Here’s what impressed us most about Costco’s earnings beat in a tariff-filled world

May 30, 20250

Costco on Thursday returned to its old ways of delivering earnings beats. Despite concerns about a tariff-driven hit to margins, the retailer's b...

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Business

Costco tops earnings and revenue estimates as sales jump 8%, shares still dip

May 30, 20250

The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025.Jay L Clendenin | Getty ImagesShares of Costco fell slightly ...

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Finance

Fed worried it could face ‘difficult tradeoffs’ if tariffs reaggravate inflation, minutes show

May 29, 20250

Federal Reserve officials at their meeting earlier this month worried that tariffs could aggravate inflation and create a difficult quandary with...

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Economy

Credit default swaps are back in fashion — even if the panic might be overblown

May 29, 20250

Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on May 27, 2025, in New York City. Timothy A. Clary | Afp | G...

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Earnings

We’re raising our Nvidia price target after a great quarter and rosy guidance

May 29, 20250

Nvidia shares jumped in extended trading Wednesday evening after the AI chipmaker reported better-than-expected quarterly revenue and earnings. I...

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Business

E.l.f. Beauty to acquire Hailey Bieber skincare brand Rhode in deal valued up to $1 billion

May 29, 20250

Hailey Bieber attends the Rhode UK launch party with Hailey Bieber at Chiltern Firehouse on May 17, 2023 in London, England. Dave Benett | D...

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Finance

Xiaomi takes aim at Tesla’s bestselling car in China with its longer-range YU7

May 27, 20250

Xiaomi revealed its first electric SUV, the YU7, in Beijing on May 22, 2025, and said its full launch would be held in July.Adek Berry | Afp | Ge...

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