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Macy's slashes profit forecast, says tariffs dampen outlook
Craig T Fruchtman/Getty Images(NEW YORK) -- Macy's slashed its full-year profit forecast on Wednesday, attributing the downbeat expectations in part to tariffs imposed by President Donald Trump.The New York-based retail chain is the latest major compa...
6h ago
What is a stablecoin and what could it mean for your finances?
Silas Stein/picture alliance via Getty Images(NEW YORK) -- The GENIUS Act, a cryptocurrency regulation bill making its way through the Senate, has thrust a little-known type of digital asset into the spotlight.The industry-backed measure establishes ru...
8h ago
Consumer confidence brightens as Trump rolls back tariffs
lechatnoir/Getty Images(NEW YORK) -- Consumer confidence improved more than expected in May, ending a monthslong stretch of worsening consumer attitudes as President Donald Trump's tariffs set off company warnings about price increases even after the ...
May 27, 2025
Want an electric vehicle but not a Tesla? Here are some great alternatives
ABC NewsBuying a Tesla has become a bit more complicated in the past year.The company's Model Y and Model 3 continue to be the best-selling electric vehicles in the U.S., accounting for more than 40% of all EVs sold last year, according to Cox Automoti...
May 25, 2025