Steve Madden to slash China sourcing by as much as 45% as Trump’s tariff plan looms
Retailers and brands have already made a push to diversify sourcing because of tariff risks and supply chain disruptions. ...
Category: Economy
Wall Street expects Trump presidency will unlock deal-making
Deal-making has slowed in recent years, largely due to high interest rates, soaring company valuations and a tight regulatory environment.…
Former Treasury Secretary Mnuchin says Trump’s top priorities will be tax cuts, Iran sanctions and tariffs
Tax cuts are 'a signature part of his program,' Mnuchin said in a "Squawk Box" interview. ...
Solar stocks tumble on fears Trump will hamper clean energy progress, repeal IRA
Trump's campaign platform calls for the termination of the IRA, which he refers to as the "Socialist Green New Deal."…
Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance
Super Micro, the embattled server maker, reported preliminary first-quarter results on Tuesday. ...
Tesla jumps 12% as Trump-backer Musk seen benefiting from White House win
Shares of Tesla gained as investors priced in the likelihood of a Donald Trump victory. ...
Trump Media shares surge 50% as Trump nears election win
Shares in the former president's media company jumped overnight. ...
10-year Treasury yield leaps above 4.40% as Trump nears election victory
Bond yields could see a big pop in the event of a Trump win as more tax cuts and steep…
Striking Boeing machinists vote on union-backed contract proposal, this time with a warning
The vote is the third time since September that Boeing's machinists are considering a new labor deal. ...