Check out the companies making headlines in midday trading: Affirm — The buy now, pay later company saw shares tumble 10% after CNBC reported that Swedish fintech firm Klarna will replace Affirm as the exclusive provider of such loans for Walmart . Klarna, which just disclosed its intention to...
The market sell-off is not over yet as consumer and corporate confidence take a dive on tariff uncertainty, according to Deutsche Bank. "We see the selloff in US equities as having further to go," Binky Chadha, chief strategist at Deutsche Bank, wrote Saturday. "With trade policy uncertainty likely to...
A sign hangs above the entrance of a Hermes retail store on Feb. 14, 2025 in Chicago, Illinois.Scott Olson | Getty ImagesConsumers spent at a slower than expected pace in February, though underlying readings indicated that sales still grew at a solid pace despite worries over an economic slowdown...
Check out the companies making headlines before the bell. Norwegian Cruise Line — Shares of the cruise operator rose 4% on the back of an upgrade from JPMorgan to overweight from neutral. The firm is bullish on the company, citing that its management has indicated no change in booking...
Undiscouraged by the rain, shoppers and visitors out on Oxford Street braving the bad weather from the latest storm using umbrellas on 28th January 2025 in London, United Kingdom. Oxford Street is a major retail centre in the West End of the capital and is Europes busiest shopping street...
Treasury Secretary Scott Bessent speaking to CNBC on March 13th, 2025. CNBCTreasury Secretary Scott Bessent said Sunday the Trump administration is focused on preventing a financial crisis that could be the result of massive government spending over the past few years."What I could guarantee is we would have had a financial...
Simon2579 | E+ | Getty ImagesStephen Gilliam works 40 hours a week as a graphic designer for a government contractor.In the evening, Gilliam comes home, eats dinner and takes a little break. He then opens his laptop and works on freelance projects designing movie posters. He usually tries to wrap...
A "Shop Canadian" sign is seen at the entrance of a supermarket in Vancouver, British Columbia, Canada, March 4, 2025. Liang Seng | Xinhua News Agency | Getty ImagesCanadians are swapping their friendly auras for a fierce sense of nationalism amid U.S. President Donald Trump's attacks on the country's trade...
Ryan Christiansen, president and head distiller at Caledonia Spirits, giving a tour in Montpelier, VT.Courtesy: Ryan Christianse | Caledonia SpiritsPresident Donald Trump's tariff rhetoric against Canada has only started to heat up, but Vermont's small businesses are already feeling some pain.A shipment of spirits, ordered by the Société des alcools...
Check out the companies making headlines in midday trading. Rubrik — The data management stock surged 25% after fourth-quarter results surpassed analyst expectations. Rubrik lost 18 cents per share, narrower than the consensus forecast for a loss of 39 cents from analysts polled by LSEG. The California-based firm posted...