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Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending

Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On an Thursday earnings call,…
Investing

Trump signs executive order to end collective bargaining at agencies involved with national security

President Donald Trump moved Thursday to end collective bargaining with federal labor unions in agencies with national security missions across the federal government,…
Investing

Robinhood CEO sees Amazon-like subscription model as path to ‘loyalty’ in financial services

Robinhood CEO Vlad Tenev is betting that by rolling out a large enough portfolio of digital investment products, more consumers will be willing…
Latest News

Trump effect forces Germany to reprioritize defense as nation plays catch-up in military spending

President Donald Trump’s continued criticism of Germany’s failure to pay its defense bills looks to have pushed one of Europe’s wealthiest nations…
Latest News

Why Trump’s push for frigid Greenland is about icing out US adversaries

President Donald Trump has insisted the U.S. needs to ‘get’ Greenland, ‘one way or another.’ But it’s not the first time U.S….
Latest News

Trump draws laughs when defining a ‘woman’ — until he touches on a serious issue

President Donald Trump drew laughs from the press when one reporter asked him to define what a woman is. Trump was speaking…
Latest News

Appeals court rules DOGE can continue operating at USAID in another win for Trump administration

A federal appeals court on Friday granted the Trump administration’s motion to extend a stay allowing the Department of Government Efficiency (DOGE)…
Latest News

Trump cautions ‘bad things’ in store if Iran won’t negotiate as Islamic Republic touts ‘Missile City’

President Donald Trump promised that ‘bad things’ would happen to Iran if the regime does not come to the table for nuclear…
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

Oil executives bluntly criticize Trump tariffs and ‘drill, baby, drill’ mantra

Oil executives are warning that President Donald Trump’s tariffs and “drill, baby, drill” message have created uncertainty in energy markets that is already…
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