Trump’s trade playbook may be rewritten by the courts, but the era of low U.S. tariffs is over

Is Trump’s trade strategy in limbo? Yes, but ‘Tariff Man’ has options.
Summer rentals in the Hamptons are down 30%

Key Points Summer rentals in the Hamptons are down 30% from the same period in previous years, according to Judi Desiderio of William Raveis Real Estate. Brokers who focus on ultra-high-end rentals are seeing an even bigger drop and say their rental business is down between 50% and 75%. Some renters may be holding out […]
United Airlines, American Airlines are increasing business-class seats

American Airlines new business-class suite. American Airlines DALLAS — Armed with dollops of caviar and handfuls of Bang & Olufsen headphones, U.S. airlines are duking it out for international business-class dominance. There are even differences between seats in the same cabin. Next week, American Airlines plans to start flying its upgraded business-class “suites” that feature […]
My father-in-law has dementia and is moving in with us. Can we invoice him for a caregiver?

“Do we have an obligation to provide my wife’s troubled sibling with an accounting of my father-in-law’s expenses?”
Non-alcoholic beer to pass ale in sales volume this year

Non-alcoholic beers photographed for Food in Washington, DC on March 11, 2024. Scott Suchman | The Washington Post | Getty Images Non-alcoholic beer is on track to overtake ale as the second-largest beer category by volume worldwide this year, according to a new projections from industry tracker IWSR. While overall beer volume fell roughly 1% […]
This star fund manager sees 2008 parallels as he returns to the volatility business

Steve Diggle sees parallels with the global financial crisis as he says leverage is centered on private equity and private credit.
Gap (GAP) earnings Q1 2025

People walk past the entrance of a Gap store in Paris, France, July 1, 2021. Sarah Meyssonnier | Reuters New tariffs could impact Gap‘s business by $100 million to $150 million, if they remain in effect, the company said Thursday when announcing fiscal first-quarter earnings. Shares fell more than 15% in after-hours trading. In a […]
Costco (COST) Q3 2025 earnings

The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025. Jay L Clendenin | Getty Images Shares of Costco fell slightly on Thursday, despite the warehouse club posting quarterly earnings and revenue that topped estimates and reporting 8% year-over-year sales gains. Unlike many retailers, Costco does not provide […]
Dell’s earnings outlook blows past expectations, and this number explains why

Dell’s stock is rising after the company announced a $14 billion-plus AI backlog and said it expects to ship $7 billion worth of AI servers this quarter.
American Eagle Outfitters (AEO) earnings Q1 2025

American Eagle Outfitters reported quarterly earnings on Thursday that missed expectations, reflecting a $75 million write-down in spring and summer merchandise, following the retailer pulling its full-year guidance earlier this month due to macroeconomic uncertainty. “The first quarter was a challenging period for our business,” CEO Jay Schottenstein said in a release. “While we are […]



