hit

Economy

Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows

Prices that people pay for a variety of goods and services rose less than expected in September, according to a

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Earnings

TSMC profit surges 39% to beat estimates and hit yet another record on AI chip demand

The TSMC logo is displayed on a building in Hsinchu, Taiwan April 15, 2025. Ann Wang | Reuters Taiwan Semiconductor

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Economy

Treasury Secretary Bessent says U.S. GDP could take a hit from the government shutdown

Treasury Secretary Scott Bessent said Thursday that U.S. economic growth could be hurt by the government shutdown. “This isn’t the

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Earnings

RH reports worse-than-expected tariff hit, earnings miss

Shares of RH fell slightly Friday after the luxury furniture retailer significantly missed revenue expectations in its fiscal second-quarter earnings

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Earnings

Lululemon shares plunge 20% as it slashes earnings outlook, projects $240 million tariff hit

Lululemon shares plunged 20% in extended trading after the company gave a much worse than expected full-year outlook, as tariffs

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Earnings

Shopify stock soars 21% on rosy guidance as CFO says tariff hit ‘did not materialize’

The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, on Sept. 28, 2018. Chris Wattie | Reuters

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Economy

Switzerland’s tariff shock: The 39% U.S. hit no one saw coming

The duty would be a “devastating” blow to the export-reliant Swiss economy and businesses, analysts say. This article was originally

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