Trump's tariffs could send shoppers into the arms of discount stores such as TJ Maxx and Marshalls (TJX)

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Trump's tariffs could send shoppers into the arms of discount stores such as TJ Maxx and Marshalls (TJX)

TJ Maxx Business Insider/Mary Hanbury. The CEO of TJX Companies — the retail giant behind TJ Maxx, Marshalls, and HomeGoods — said in a recent earnings call that these brands could benefit from President Donald Trump’s proposed round of tariffs on …
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Stocks rebound after US backs off China sales restrictions, on pace to snap two-day skid

Stocks marched broadly higher on Wall Street in afternoon trading Tuesday, placing the market on track to snap a two-day losing streak. The rally followed the U.S. government’s decision to temporarily ease off proposed restrictions on technology sales to …
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The Latest: Michigan OKs $223M package for Fiat Chrysler

DETROIT — The Latest on plans by Fiat Chrysler to build a new vehicle assembly plant in Detroit (all times local):. 3:30 p.m.. Michigan’s economic development arm has approved $223 million in incentives to help Fiat Chrysler invest in five factories, including …
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Analyst: Tesla stock could hit $10 in worst-case scenario

Tesla shares are careening out of control this year. The electric car maker has skidded nearly 40% in 2019, tracking for its worst annual performance ever. The stock tumbled again Tuesday after Morgan Stanley slashed its bear case to $10 a share, down from …
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What Kohl's Awful Numbers Tell Us About JC Penney's Prospects

Kohl’s (kss) investors hoping for the retailer’s continued turnaround got a fright on Tuesday when it announced dismal first-quarter results and slashed its 2019 forecasts. But Kohl’s results—a 3.4% comparable sales decline that was far worse than Wall Street …
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