President Trump’s trade war has already loomed large over the back-to-school and holiday season ordering of retailers. Spring season is next, and it is occurring just as Trump’s latest sweeping global tariffs take effect.While Spring 2026 may seem relatively far off into the future, for retailers, now is the time of year when they plan spring orders, and both retailing and manufacturing experts say the tariffs will influence the level of activity.The retail industry warned on Friday that the latest tariffs may lead to higher prices, fewer products on the shelves, and job losses.”Continued high tariffs from key sourcing countries,…
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The ‘Fast Money’ traders talk stocks sinking on tariff worries and weak jobs data. Source link
UNITED STATES – JULY 29: From left, Chairman Tim Scott, R-S.C., Sen. Tina Smith, D-Minn., and ranking member Sen. Elizabeth Warren, D-Mass., attend the Senate Banking, Housing and Urban Affairs Committee markup of the ROAD to Housing Act, in Dirksen building on Tuesday, July 29, 2025. (Tom Williams/CQ-Roll Call, Inc via Getty Images)Tom Williams | Cq-roll Call, Inc. | Getty ImagesA Senate committee approved a major housing bill this week, with a range of provisions that could make it easier for people to buy a home.On Tuesday, the Senate Committee on Banking, Housing, and Urban Affairs unanimously voted to advance…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyDavid Zervos, Jefferies, joins ‘Fast Money’ to talk why he thinks there are still reasons to be bullish in this market.05:185 hours ago Source link
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves : The S & P 500 was dropping almost 2% on Friday as weak jobs and new tariff levels unsettled the market. Investors also were digesting President Donald Trump’s decision to order the firing of the labor statistics commissioner , alleging political manipulation of jobs data. After closing at a record high on Monday, the index was set to finish the week on a four-session losing streak. While some…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyDavid Zervos, Jefferies, joins ‘Fast Money’ to talk why he thinks there are still reasons to be bullish in this market.10:104 hours ago Source link
FILE PHOTO: Patricia de Stacy Harrison, president and CEO of the Corporation for Public Broadcasting (CPB), testifies before a House subcommittee holding hearings on President Donald Trump’s first budget on Capitol Hill on March 28, 2017 in Washington, D.C.Zach Gibson | Getty ImagesThe Corporation for Public Broadcasting will shut down its operations after the loss of federal funding, the nonprofit said on Friday, in a blow to local TV and radio stations that have relied on its grants for nearly six decades.The Republican-controlled U.S. House of Representatives passed a $9 billion funding cut to public media and foreign aid last…
Carter Worth, Worth Charting, joins ‘Fast Money’ to talk technical trends he is following in utilities. Source link
The near-term outlook suddenly looks precarious for a stock market that’s near all-time highs, even after Friday’s big sell-off. Next week, investors will continue to act on what they learned this week. On the one hand, the artificial intelligence story that’s powered the stock market rally the last several months remains intact, with Microsoft this week becoming the second public company ever in the U.S. to hit a $4 trillion valuation after its strong June quarter results. On the other, it now turns out the U.S. labor market weakened significantly the past three months as tariffs moved higher. “Signs of…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
