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Macy’s trims 2025 forecast amid cautious shoppers
NEW YORK (AP) — Macy’s sales and profit slipped in its first quarter and the department store, citing more cautious customers and the impact that a trade war launched by the U.S., trimmed its profit forecast for 2025. The New York retailer, however, topped most performance expectations for the first three months of the year and maintained its […]
Wall Street drifts as the countdown ticks toward Nvidia’s earnings report
NEW YORK (AP) — U.S. stocks are drifting on Wednesday, a day after leaping back within a few good days’ worth of gains from their all-time high. The S&P 500 was down 0.1% in afternoon trading after flipping from an early, modest gain. It’s still within 4% of its record after charging higher amid hopes that the […]
