Labor Department Revises Job Growth Sharply Lower
Largest Downward Revision Since 2002
The U.S. labor market created far fewer jobs than initially reported, according to a Bureau of Labor Statistics (BLS) revision...
American Eagle Beats Expectations in Q2 2025
Revenue Performance
American Eagle Outfitters (AEO) reported $1.28 billion in net revenue for the second quarter ended 2 August 2025, a 1% decline year-over-year. Despite...
Trump Eyes Tariffs on Imported Pharmaceuticals
President Donald Trump is preparing to impose steep tariffs on pharmaceuticals, a category that has long entered the United States duty-free. The proposal, which...
Home Purchase Cancellations Hit Record July High
Home purchase cancellations in the U.S. reached their highest July level on record, with 15.3% of deals falling through, according to Redfin. Roughly 58,000...
Walmart Warns of Rising Tariff Costs
Walmart says it has been able to manage tariff-related expenses so far, but those costs are increasing weekly and are expected to persist through...
Home Depot Warns of Modest Tariff Price Increases
Home Depot, the largest home improvement retailer in the United States, announced it will raise prices on some products due to higher tariffs on...