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Homebuyers rush to riskier loans, as tariff turmoil pushes interest rates higher
"For Sale" and "Sale Pending" signs in the West Seattle neighborhood of Seattle, Washington, US, on Tuesday, June 18, 2024.David Ryder | Bloomberg | Getty ImagesMortgage rates jumped to the highest level since February last week,…
Shares of CVS and Dollar General made a turnaround due to their ‘newfound sole survivor
CNBC's Jim Cramer on Tuesday suggested why CVS Health and Dollar General, stocks that lagged last year, have seen gains recently. He attributed the turnaround in part to the idea that these two have become the most competitive in their…
Stay away from this automaker as tariff uncertainty continues, UBS says in downgrade
It could be hard for Stellantis to make a rebound after its recent sell-off, according to UBS. Analyst Patrick Hummel downgraded Stellantis to neutral from buy and lowered his 12-month price target from about $18 to roughly $10. His new…
How a trade war could impact the price of clothing: ‘Ultimately no one wins,’ expert…
Women shop for clothing from a Gap outlet store in Los Angeles, California on April 10, 2025. Frederic J. Brown | Afp | Getty ImagesFew consumer products are immune from the impact of new tariffs on goods imported into the United States,…
Auto stocks rise as Trump says he wants to ‘help’ some car companies
A cargo truck loaded with new pickups heads to U.S. at the Otay Commercial crossing in Tijuana, Baja California state, Mexico on March 27, 2025.Guillermo Arias | AFP | Getty ImagesDETROIT — Shares of automakers closed higher Monday after…
UK retailers warn of Chinese ‘dumping’ amid tariffs, call for end to tax loophole
A woman stands with a coffee and looks at her phone on U.K. high street. John Keeble | Getty Images News | Getty ImagesBritish retailers have warned that Chinese companies risk flooding the U.K. with low cost goods as U.S. President…
Tesla launches in Saudi Arabia amid Chinese competition and tumbling sales
Tesla CybertruckCourtesy: TeslaTesla, Inc. is debuting sales in Saudi Arabia, the oil-rich kingdom whose long desert highways are home to gas-guzzling SUVs — and where there are no chargers to be found for hundreds of miles.The American…
QVC is betting on TikTok to help revive its live shopping business
FILE PHOTO: Signage is displayed at the entrance to the QVC Studio Park in West Chester, Pennsylvania, U.S., June 4, 2018. Brendan McDermid | ReutersQVC Group is launching the first-ever nonstop live shopping streams on TikTok in the…
Tesla shares retreat following sharpest rally since 2013
Tesla CEO Elon Musk wears a 'Trump Was Right About Everything!' hat while attending a cabinet meeting at the White House, in Washington, D.C., U.S., March 24, 2025. Carlos Barria | ReutersTesla shares slumped on Thursday, reversing…
As warehouse clubs boom, Walmart-owned Sam’s Club plans to open 15 stores per year
Sam's Club is opening a store in the Dallas area that will require customers to go all digital. Shoppers will use a smartphone app to scan and pay for their own purchases rather than standing in a checkout lane.Sam's ClubDALLAS, Texas —…