New homes being built in Englewood Cliffs, N.J. on Sept. 24th, 2024. Adam Jeffery | CNBC From lumber to drywall to appliances to finishings, much of what goes into a U.S. home comes from outside American borders. The cost of those products is about to go up, as President Donald Trump’s administration imposes tariffs on […]
Here’s how tariffs will hit the U.S. housing market Read More »
FILE PHOTO: Office of Management and Budget (OMB) Acting Director Russell Vought testifies before House Budget Committee on 2020 Budget on Capitol Hill in Washington, U.S., March 12, 2019. Yuri Gripas | Reuters The Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against the operator of the Zelle payments network and the three U.S. banks
Nissan’s Smyrna Vehicle Assembly Plant opened in 1983, marking Tennessee’s first major auto facility. The plant employs more than 7,000 people are produces a variety of vehicles, including the Leaf EV and Rogue crossover. Michael Wayland / CNBC DETROIT — Roughly a third of vehicle production in North America could be cut by next week
Trump’s tariffs could quickly cut North American auto production by a third Read More »
A Southwest Airlines aircraft at a gate at Austin-Bergstrom International Airport in Austin, Texas, Feb. 16, 2023. Jordan Vonderhaar | Bloomberg | Getty Images Southwest Airlines is closing two more crew basis amid its cost-cutting push that has also led to its first mass layoffs in its more than 50 years of flying. The airline
Southwest Airlines closing 2 more crew bases in cost-cutting push Read More »
File photo shows the air traffic control tower at Chicago’s Midway International Airport. M. Spencer Green | AP Aviation industry members on Tuesday again urged lawmakers for newer air traffic control technology and more hiring of air traffic controllers as airlines continue to complain about longtime shortfalls, while air travel demand has boomed. Their testimony
Aviation industry pushes Congress for air traffic improvements, more hiring Read More »
Target plans to double down on its third-party marketplace, media network and same day delivery services to drive more than $15 billion in revenue growth over the next five years, it said Tuesday at an investor meeting in New York City. The retailer’s plans to grow its business and better compete against rivals like Walmart
United airplanes are seen at the Newark Liberty International Airport in Newark, Unitted States on July 16, 2024. Jakub Porzycki | Nurphoto | Getty Images Stock Chart IconStock chart icon NYSE Arca Airline Index versus the S&P 500 Airlines, especially full-service carriers with big international networks, had been a bright spot thanks to strong demand
Airline stocks tumble amid economic concerns Read More »
Shoppers will likely see produce prices increase in the coming days due to President Donald Trump’s tariffs on Mexican imports, Target CEO Brian Cornell said Tuesday. The Trump administration’s 25% levies on goods from Mexico and Canada, along with an additional 10% duty on Chinese imports, took effect Tuesday. Cornell said Target relies heavily on
Trump’s Mexico tariffs could raise produce prices in the next few days, Target CEO says Read More »
Best Buy on Tuesday posted fourth-quarter earnings and revenue that topped expectations, but CEO Corie Barry projected that prices for U.S. consumers would rise as President Donald Trump’s tariffs on China and Mexico go into effect. On Best Buy’s earnings call, Barry said China and Mexico are the company’s top two supply-chain sources, with about
Shoppers outside a Target store ahead of Black Friday in Clifton, New Jersey, on Nov. 26, 2024. Victor J. Blue | Bloomberg | Getty Images Target will report fiscal fourth-quarter earnings on Tuesday and show investors whether it is driving more full-price sales of discretionary merchandise, which has long been the retailer’s primary money maker.Â
Target will report earnings before the bell. Here’s what Wall Street expects Read More »
