Browsing: Business

Macy’s stock surged 20% after it reported surprise sales growth and exceeded earnings estimates in Q2, raising its full-year revenue forecast.

Dow fell nearly 250 points on Tuesday as Treasury yields surged and a U.S. court ruling over Trump-era tariffs added legal uncertainty to markets.

India, Russia, China and others forge stronger partnerships after Trump’s tariff moves, accelerating a realignment in global trade leadership.

Canada has lifted most tariffs on U.S. goods, easing trade tensions and clearing the way for tariff-free imports under the CUSMA trade agreement.

Alibaba shares surged 19% after cloud unit revenue jumped 26% and reports confirmed its push to develop a domestic AI chip amid U.S. tech restrictions.

U.S. whiskey maker Brown-Forman reported a 62% sales decline for Jack Daniel’s in Canada as a result of provincial boycotts targeting American liquor.

The Japanese government lowered its corporate earnings forecast, blaming new U.S. trade barriers that have begun to weaken factory output and exports.

Canada’s economy contracted 1.6% in Q2 2025 as U.S. tariffs drove exports down 7.5%, marking the first quarterly decline in nearly two years.

Canadian bank leaders warn that global trade uncertainty threatens future growth, despite stronger-than-expected Q3 profits across major institutions.

Best Buy Q2 revenue hit $9.44B, beating forecasts, with gains in online and global sales, while the retailer maintained its full-year guidance.