Ad spending on women’s sports doubles in 2024
The New York Liberty celebrate after winning the 2024 WNBA Finals at Barclays Center. Wendell Cruz | Usa Today Sports Via Reuters Con Women’s sports enjoyed a marquee year across the board in 2024, but especially in television advertising, according to TV marketing firm EDO. In a report released Tuesday, EDO found that TV advertisers […]
The anywhere-but-America trade has been working. But there are limits.
Investors have been rewarded for investing outside the United States — but real headwinds are emerging that could limit the successful trade.
Dick’s Sporting Goods (DKS) earnings Q4 2024
Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to forecast a rocky year ahead as consumers contend with tariffs, inflation and fears around a potential recession. In an interview with CNBC, Executive Chairman Ed Stack said the company’s exposure to […]
Trump retreats from 50% tariffs on Canadian metals. Here’s what comes next.
President Donald Trump on Tuesday backed off a 50% tariff on imports of Canadian steel and aluminum, ratcheting down a threat against a major U.S. trading partner on another day of whiplash for U.S. stocks.
Airline CEOs warn domestic travel demand is slowing
A Delta Airlines and American Airlines plane are seen at Ronald Reagan Washington National Airport in Arlington, Virginia, on July 1, 2023. Stefani Reynolds | AFP | Getty Images Airlines are cutting their first-quarter profit and sales estimates, warning that a weaker economic backdrop is weighing on travel demand. Ahead of a JPMorgan industry conference, […]
Kohl’s (KSS) Q4 2024 earnings
Kohl’s posted an earnings and revenue beat for the fiscal fourth quarter on Tuesday, but its stock plunged as it issued much worse-than-expected guidance for the year ahead. Shares of the company closed down over 24% on Tuesday. For 2025, Kohl’s expects revenue to fall 5% to 7%, compared with Wall Street estimates of a […]
Why a ‘good’ CPI report on Wednesday may not be enough to turn stock-market carnage around
Wednesday’s consumer-price index report is now in sharp focus with investors hoping more clarity on stagflation concerns could help stem the stock-market selloff.
What Southwest Airlines is changing, from bag fees to basic economy
A Southwest Airlines Boeing 737 MAX is pushed back from the gate at San Diego International Airport in San Diego, Aug. 24, 2024. Kevin Carter | Getty Images Southwest Airlines announced Tuesday what was once unthinkable: it will start charging customers to check their luggage. It’s a $300 million gamble. Last year, Southwest said its […]
Verizon and AT&T are seeing stock drops. Here’s what’s driving the selloff.
Verizon calls out a more competitive wireless industry, and that’s weighing on its shares — as well as those of its peers.
Southwest Airlines will charge for checked bags for first time
Ground operations employees load baggage onto a Southwest Airlines Boeing 737 aircraft on the tarmac at John Wayne Airport in Santa Ana, California. Patrick T. Fallon | Bloomberg | Getty Images It’s happening: Southwest Airlines will start charging passengers to check bags for the first time. It’s a stunning reversal that shows the low-cost pioneer […]
