Home Depot reported weaker than expected earnings for its fiscal second quarter, while warning that new tariffs will force the company to raise prices on certain imported products. The home improvement retailer posted net sales of $45.28 billion, slightly below analyst forecasts,
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Gold futures in the United States surged to a record high on Friday after confirmation that country-specific import tariffs may apply to the most widely traded bullion size, the one-kilogram bar. The ruling, posted by the US Customs and Border Protection
Pfizer has raised its full-year adjusted earnings forecast for 2025, driven by cost-cutting measures and robust second-quarter performance that exceeded Wall Street expectations. The pharmaceutical giant now anticipates adjusted earnings per share between $2.90 and $3.10, up from its prior projection of $2.80
Harley-Davidson Inc. has appointed Artie Starrs as its next President and Chief Executive Officer, effective October 1, 2025. The announcement follows the upcoming retirement of Jochen Zeitz, who will remain as Chairman until stepping down on the same date, after
More than 3,200 members of the International Association of Machinists and Aerospace Workers (IAM) District 837 have voted to reject Boeing’s latest contract offer, setting the stage for a strike that will begin at midnight on Monday. The decision affects workers at
Brazil has formally submitted a proposal to the New Development Bank (NDB) of BRICS countries for the development of its first smart public hospital within the Unified Health System (SUS). The project, announced by Brazil’s Ministry of Science, Technology and Innovation, is designed
Austria’s inflation rate climbed to 3.5 percent year-on-year in July 2025, marking its highest level since April 2024, according to data released by Statistics Austria. The increase reflects mounting price pressures across key sectors of the economy, with household energy, industrial
Shares in Adidas fell by 6% on Wednesday after the German sportswear company warned that new U.S. tariffs will significantly raise its costs and potentially lead to price increases for consumers in the American market. The company reported that tariffs had already caused a double-digit million euro
A newly released global trade simulation forecasts a dramatic contraction in Chinese exports to the United States, projecting a decline of $485 billion by 2027. The data, derived from the Observatory of Economic Complexity’s tariff simulator, is based on current and proposed tariff
Shares of leading liquefied natural gas companies surged on Monday following the European Union’s announcement of a $750 billion agreement to import U.S. energy products. The deal, described by European Commission President Ursula von der Leyen as a strategic move to reduce reliance on Russian