Cheddar News checks in to see what to look out for on The Day Ahead as earnings continue with reports from Gap, Best Buy, Costco Wholesale and Ulta Beauty while key economic data is also due to be released. It's also National Wine Day on Thursday.
Share:
More In Business
Layoffs are piling up, raising worker anxiety
It's a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill. At the same time, some sizeable layoffs have continued to pile up — raising worker anxieties across sectors. Some companies have pointed to rising operational costs due to U.S.'s new tariffs, while others have redirected money to artificial intelligence investments. Workers in the public sector have also been hit hard. Federal jobs were cut by the thousands earlier this year. And many workers are now going without pay as the U.S. government shutdown has now dragged on for more than a month.
Big Business This Week: “Probably about a 45% chance of recession.”
With prices up, trade down, and only 32% of Americans feeling confident about the economy, what comes next?
Have Bob Iger’s acquisitions kneecapped Disney’s future?
Disney CEO Bob Iger can’t stop buying companies. But is it always strategic for him to do so?
Nvidia Shatters Earnings Records — So Why Did the Stock Drop the Next Morning?
Nvidia smashes earnings with record-breaking revenue and soaring Blackwell demand as shares slip this morning, Barron’s senior writer Adam Levine unpacks it all
Luxury Meets Conservation: Jeff Wagoner Discusses Outrigger’s Coral Programs and Global Growth
Jeff Wagoner, CEO of Outrigger Hospitality Group, discusses the company’s coral preservation initiatives and sustainable practices at their hotels and resorts.
