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

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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