Jonathan Raa | Nurphoto | Getty Images Bitcoin rose to a new all-time high on Wednesday, breaking its January record. The price of the flagship cryptocurrency was last higher by 2% at $108,955.10, according to Coin Metrics. Earlier, it rose as high as $109,500. “Bitcoin’s new high has been concocted by an array of favorable…
Shares of Canada Goose rose more than 20% on Wednesday after the company reported fiscal fourth-quarter earnings that beat analysts’ estimates, though it pulled its fiscal 2026 outlook due to “macroeconomic uncertainty.” The luxury retailer said it will not be providing a financial outlook for fiscal 2026 due to the uncertainty, citing “dynamic consumer spending…
Florida, Port St Lucie: TJMaxx, a cashier with a customer at check out. Jeff Greenberg | Universal Images Group | Getty Images TJX Cos maintained its annual forecasts on Wednesday and flagged an impact from U.S. tariffs, while resilient consumer demand for off-price goods amid an uncertain economy drove a quarterly sales beat for the…
Luis de Guindos, vice president of the European Central Bank (ECB), at a rates decision news conference in Frankfurt, Germany, on Thursday, Jan. 30, 2025. Alex Kraus/Bloomberg via Getty Images The European Central Bank on Wednesday said a “fundamental regime change” could be underway in financial markets as investors appear to be reassessing how risky…
Congressman Gerry Connolly (D-VA) questions witnesses during a House Committee on Oversight and Government Reform hearing titled “A Hearing with Sanctuary City Mayors” in Washington, DC on March 5, 2025. Anadolu | Anadolu | Getty Images Democratic Rep. Gerry Connolly of Virginia has died at the age of 75 after a battle with esophageal cancer,…
UnitedHealth Group signage is displayed on a monitor on the floor of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images UnitedHealth shares fell nearly 7% on Wednesday in premarket trading after a Guardian report that the healthcare conglomerate secretly paid nursing homes thousands in bonuses to help slash hospital transfers for…
Lowe’s on Wednesday stood by its full-year forecast, as growing sales among home professionals helped offset slower demand from do-it-yourself customers. The home improvement retailer came in just shy of Wall Street’s expectations for quarterly sales, but beat earnings estimates. Shares of Lowe’s rose nearly 3% in premarket trading Wednesday. In the company’s news release,…
People shop at a Target store on April 02, 2025 in the Flatbush neighborhood of the Brooklyn borough in New York City. Michael M. Santiago | Getty Images Target on Wednesday cut its full-year sales outlook, as executives said weaker discretionary spending, consumer uncertainty about tariffs and backlash to the company’s rollback of key diversity,…
Pedestrians walking across a crowded traffic at Shibuya crossing square in Tokyo, Japan. Jaczhou | E+ | Getty Images Asia-Pacific markets traded mostly higher Wednesday after Wall Street halted its six-day win streak. Japan’s benchmark Nikkei 225 slipped 0.61% to close at 37,298.98 after the country reported that exports slowed for a second straight month…
M&S cyberattack to cost retailer $400 million People walk past a Marks & Spencer store. Sopa Images | Lightrocket | Getty Images British retail giant M&S said Wednesday that a recent cyberattack, which brought online sales to a standstill and left food shelves bare, would cost it around £300 million ($403 million) in operating profit….
