A view of a Target store on March 5, 2025 in Novato, California.Justin Sullivan | Getty ImagesTarget will report its fiscal first-quarter earnings Wednesday, as the Minneapolis-based cheap chic retailer tries to get back to growth.Here’s what Wall Street is expecting for the discounter, according to a survey of analysts by LSEG:Earnings per share: $1.64 expectedRevenue: $24.32 billion expectedTarget’s earnings report will follow updates from other retailers, including Walmart and Home Depot. Both of the big-box retailers reaffirmed their full-year outlooks when reporting quarterly earnings. Yet the two companies diverged with how they will manage higher costs from tariffs. Walmart…
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Bowl of white rice at Bamboo Sushi restaurant in San Ramon, California, January 23, 2022.Gado | Archive Photos | Getty ImagesJapan’s farm minister Taku Eto stepped down on Wednesday, domestic media reported, following public outrage over his comments on getting free rice.Eto said on Sunday that he has never had to buy rice as he received ample amounts of the grain as gifts from supporters — a comment that struck a nerve with locals struggling with rocketing prices of the beloved staple.Japan has been grappling with soaring rice prices for months as inclement weather and the country’s long-held policy to…
Canadian Finance Minister François-Philippe Champagne speaks at a press conference during the G7 Finance Ministers and Central Bank Governors’ Meeting in Banff, Alberta, Canada on May 20, 2025. Cole Burston/ | Afp | Getty ImagesFinance ministers from the Group of Seven industrial democracies will try to agree on policies to restore global growth and stability, Canadian Finance Minister Francois-Philippe Champagne said on Tuesday, acknowledging that tensions over new U.S. tariffs would continue.The meetings over the next two days in the mountain resort town of Banff, Alberta, will be about “back to basics” and will include discussions about excess manufacturing capacity, non-market practices and financial crimes, Champagne told a news conference.”I think…
Pedestrians walking across a crowded traffic at Shibuya crossing square in Tokyo, Japan.Jaczhou | E+ | Getty ImagesAsia-Pacific markets traded mostly higher Wednesday after Wall Street halted its six-day win streak.Japan’s benchmark Nikkei 225 slipped 0.23% after the country reported that exports slowed for a second straight month as the country reels under U.S. President Donald Trump’s sweeping tariffs.South Korea’s Kospi climbed 0.58% while the small-cap Kosdaq traded 0.95% higher.Australia’s benchmark S&P/ASX 200 climbed 0.43%.Hong Kong’s Hang Seng index rose 0.45% at the open, while mainland China’s CSI 300 traded flat.The Bank of Indonesia is also slated to release its…
Dayu Dara Permata, 36, is the co-founder and CEO of Indonesian property transaction platform Pinhome.Courtesy of PinhomeIt’s no secret that building a successful startup often involves risk, iteration and failure. Dayu Dara Permata knows this well.The 36-year-old is the co-founder and CEO of Indonesian property transaction platform Pinhome. Over the course of about five years, she went from bootstrapping the business out of her own garage to raising over $75 million to date, according to a company representative and data from PitchBook.”Entrepreneurship is really hard. There’s no instant success … You just have to be ready to fail,” Permata told…
The ‘Fast Money’ traders react to Tesla CEO Elon Musk’s interview with CNBC’s David Faber. Source link
Deported migrants arrive from the U.S. in a military plane at Ramon Villeda Morales airport in Cortes, Honduras on January 31, 2025, the first flight of migrants returned to Honduras under the Donald Trump administration.Emilio Flores | Anadolu | Getty ImagesFor the second time in less than two weeks, immigration lawyers have gone to federal court to try and stop the Trump administration from deporting a small group of immigrants from the United States to a war-torn country not their own.Immigration attorneys told the court that at least two of their clients, from Myanmar and Vietnam, were deported Tuesday morning to…
Thomas Fuller | SOPA Images | Lightrocket | Getty ImagesApple approved the Epic Games title Fortnite on Tuesday, returning the first-person shooter game to the App Store in the U.S., five years after its removal.Fortnite was kicked off the App Store in 2020 after Epic updated its game over the web to take payments directly, instead of through Apple’s in-app payment mechanism, which takes fees up to 30%. The move angered Apple and kicked off a years-long legal battle.Last month, Epic scored a victory in court, when a judge ruled that Apple wasn’t allowed to charge a commission when apps…
Vehicles produced by South Korean automaker Kia Motors are lined up ready to be shipped at the company’s shipping yard at the Port of Pyeongtaek on April 03, 2025 in Pyeongtaek, South Korea.Chung Sung-Jun/Getty ImagesSouth Korea’s government pledged on Wednesday more support measures for key export industries, including the biopharmaceutical and auto sectors, which are expected to be hit by U.S. President Donald Trump’s sweeping tariffs.The government will prepare new measures to support its biopharmaceutical companies, as soon as details of Trump’s tariffs on the sector become available, it said in a statement.Earlier this month, Trump signed an executive order aimed at reducing the time it takes to approve pharmaceutical plants in the country. The move…
CNBC’s Steve Liesman joins ‘Fast Money’ to talk the latest CNBC Flash Fed Survey. Source link
