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Economy

Empty shelves, trucking layoffs lead to a summer recession in Apollo’s shocking trade fight timeline

May 12, 20250

The Washington Post | The Washington Post | Getty ImagesThe economic impact of the tariffs imposed by the Trump administration will soon become a...

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Earnings

Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

May 12, 20250

Justin Sullivan | Getty Images News | Getty ImagesKrispy Kreme stock plunged 24% on Thursday after the doughnut chain said it is "reassessing" it...

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Business

Trump’s trade war is giving renewed importance to advertising Upfronts

May 12, 20250

Michelle Monaghan, Leslie Bibb, and Carrie Coon in 'The White Lotus' on HBO. Courtesy: Fabio Lovino | HBOMedia companies are staring do...

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Finance

Bitcoin back above $100,000: Financial planning icon Ric Edelman reacts to the crypto ETF boom

May 11, 20250

Bitcoin's milestone week comes as new crypto exchange-traded funds are hitting the market.Investor and best-selling personal finance author Ric E...

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Economy

Adidas warns tariffs will lead to higher costs on its U.S. products

May 11, 20250

Sportswear giant Adidas on Tuesday said that U.S. President Donald Trump's tariffs would result in cost hikes for all its U.S. products.The compa...

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Earnings

Saudi oil giant Aramco posts 5% dip in first-quarter profit on weaker crude prices

May 11, 20250

Members of media chat before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019.&...

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Business

Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround

May 11, 20250

A robotic arm fills prescriptions at a Walgreens' micro-fulfillment center.Courtesy: WalgreensAs struggling drugstore chains work to regain their...

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Finance

Billionaire Ken Griffin calls tariffs a ‘painfully regressive tax,’ hitting working class Americans the hardest

May 10, 20250

Citadel CEO Ken Griffin speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in Washington, DC. Kayla Bartk...

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Economy

Why the Bank of England governor thinks uncertainty is here to stay despite a trade deal

May 10, 20250

Bank of England Governor Andrew Bailey told CNBC on Thursday that the U.K. was heading for more economic uncertainty, despite the country being t...

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Earnings

Coinbase shares fall after first-quarter revenue misses Wall Street estimates

May 10, 20250

A smartphone with the Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this photo taken June 8, 2023.Dado Ruvic |...

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