TOKYO (AP) — Olympic champion Cole Hocker was disqualified from the semifinals of the 1,500 meters at world championships Monday after judges ruled he jostled other runners while making a late move on the inside. Hocker was running near the inside edge of the track when he got boxed in and turned semi-sideways to squeeze past Germany’s Robert Farken. Hocker …
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Lululemon Cuts Its Outlook as Sales Slow and Tariffs Squeeze Profits. Its Stock Is Plunging
Key Takeaways Lululemon shares plunged Friday after the company lowered its outlook, citing weak sales in the U.S. and the impact of higher tariffs. The athletic apparel retailer’s same-store sales missed estimates on a drop in U.S. demand. With Friday’s drop, Lululemon shares have lost more than half of their value this year. Lululemon Athletica (LULU) shares plunged Friday, after …
Read More »Rising Tariff Costs Squeeze Consumers, as Federal Reserve Report Highlights Economic Strain
Key Takeaways Tariffs are pushing up prices across the country, squeezing household budgets, according to a report by the Federal Reserve. Consumers facing tariff price pressures are cutting back spending in many places, leading companies to cut back hiring. The “Beige Book” report could amplify concerns about the job market among Fed policymakers and push the central bank to cut …
Read More »Bitcoin breaks $1T realized cap! A $2B short squeeze lies in waiting
Key takeaways Bitcoin’s realized cap has hit a record $1 trillion, while billions in short positions could trigger a sharp rally if BTC climbs toward $120K. Bitcoin’s [BTC] catching its breath, but the market is anything but quiet. The king coin is at a calmer phase after weeks of frenzied trading, even as realized capital just notched an unprecedented $1 …
Read More »Trump's pay-me capitalism puts the squeeze on corporate America – Axios
Trump’s pay-me capitalism puts the squeeze on corporate America Axios Is Trump a socialist? vox.com Corporate America is silent as Trump abandons free-market principles CNN How Trump is turning Washington into a shareholder Quartz Trump Targets Corporate America to Achieve Economic and Foreign Policy Goals Bloomberg.com Source link
Read More »America starts to feel the squeeze: What we know about tariffs and inflation – Axios
America starts to feel the squeeze: What we know about tariffs and inflation Axios Trump tariffs: A grocery shopper’s guide The Hill Tariff-driven price hikes may be hidden by products stuck in ‘the middle mile’ CNBC Why Haven’t Tariffs Boosted Inflation? This Theory Is Gaining Traction – WSJ The Wall Street Journal You’re welcome, world: U.S. tariffs may cool inflation for the rest of …
Read More »Trump will seek to squeeze Ukraine ceasefire deal out of Putin at Alaska summit – Reuters
Trump will seek to squeeze Ukraine ceasefire deal out of Putin at Alaska summit Reuters Fooled by Putin again? Trump’s rhetoric suggests he could be CNN Trump and Putin’s changing relationship to take center stage in Alaska ABC News Why did Russia sell Alaska to the United States? Al Jazeera Marjorie Taylor Greene says Zelensky ‘doesn’t want peace’ ahead of Trump-Putin summit The Independent Source …
Read More »Trump feels squeeze from tariffs – The Hill
Trump feels squeeze from tariffs The Hill Trump’s tariffs hit Main Street as small businesses raise prices Financial Times US Consumers Will Bear the Brunt of Tariff Costs, Goldman Says Bloomberg.com Tariffs increased food and clothing costs in May and June Quartz Layoffs? Price Increases? Companies Make Hard Choices as Trump’s Tariffs Set In. The New York Times Source link
Read More »Defense lawyers for needy clients feel squeeze after congressional funding dries up
Washington — Just over a year ago, federal judges, defenders and a group of lawyers who represent criminal indigent defendants gathered at the U.S. courthouse in Baltimore to hear federal Judge Myron Thompson give an address. Thompson, who sits on the district court in Alabama, and the others were there to commemorate the 60th anniversary of passage of the Criminal …
Read More »AI and Trump put squeeze on consulting firms as industry's post-pandemic boom fades – Axios
AI and Trump put squeeze on consulting firms as industry’s post-pandemic boom fades Axios Opinion | AI Is Here, and a Quiet Havoc Has Begun The Wall Street Journal AI Is Everywhere But the Jobs Data Bloomberg.com Sharper insights, smarter conversations: How McKinsey’s new generative AI tool transforms client engagement McKinsey & Company Can we just have one day when no one mentions AI? Financial …
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