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Shares in home furnishing retailers jumped Friday after President Trump announced a one-year pause on higher tariffs on upholstered furniture, kitchen cabinets and vanities. Luxury furniture retailer RH rose 9.5% and online retailer Wayfair jumped 6.3%. Stock for Williams-Sonoma, which sells kitchenware and home decor, increased 5.3%. President Trump unveiling his tariffs based on the […]
Kalshi received updates to ongoing legal wrangles in Maryland and Nevada this week, with the prediction market platform still operational in both jurisdictions. In the Old Line State, Kalshi has dropped its request for a new injunction following an agreement with state officials to delay action until the Court of Appeals rules on Kalshi’s own […]
Apple has failed to persuade a US appeals court to pause key parts of a federal judge’s order requiring the iPhone maker to immediately open its lucrative App Store to more competition. The 9th US Circuit Court of Appeals on Wednesday rejected Apple’s request to put the provisions on hold as the tech company appeals the judge’s order, […]
Justin Sullivan | Getty Images News | Getty Images Krispy Kreme stock plunged 24% on Thursday after the doughnut chain said it is “reassessing” its rollout with McDonald’s and pulled its full-year outlook in part due to economic “softness.” Krispy Kreme is not planning to launch its doughnuts in any additional McDonald’s locations in the […]
Amazon has restarted drone deliveries in two states after a months-long pause, the company confirmed. In January, Amazon halted Prime Air deliveries in College Station, Texas, and Tolleson, Arizona, the two U.S. markets where it’s testing the service, as the company rolled out a software update to its drone fleet. Amazon discovered an abnormality with […]
At the Federal Reserve’s final gathering of 2024, Chair Jerome H. Powell announced that the U.S. central bank was embarking on a “new phase” in how it would set interest rates. The Fed planned to “move cautiously” with cuts going forward, Mr. Powell told reporters at the time, reflecting officials’ thinking that they could afford […]
February 2, 2022, 11:37am Ambo Anthos, the Dutch publisher of Rosemary Sullivan’s The Betrayal of Anne Frank, has indefinitely suspended printing of the book after central elements of research were called into question. The book’s thesis—that the Frank family’s location was leaked to the Nazis by Arnold van den Bergh, a Jewish notary—has been criticized […]
