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Macys slashes profit forecast, says tariffs dampen outlook

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(NEW YORK) -- Macy's slashed its full-year profit forecast on Wednesday, attributing the downbeat expectations in part to tariffs imposed by President Donald Trump.The New York-based retail chain is the latest major company to warn of ill effects from the levies, including Target, Walmart... Read More.

What is a stablecoin and what could it mean for your finances?

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(NEW YORK) -- The GENIUS Act, a cryptocurrency regulation bill making its way through the Senate, has thrust a little-known type of digital asset into the spotlight.The industry-backed measure establishes rules targeting stablecoins, a form of cryptocurrency pegged to the value of another asset,... Read More.

Consumer confidence brightens as Trump rolls back tariffs

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(NEW YORK) -- Consumer confidence improved more than expected in May, ending a monthslong stretch of worsening consumer attitudes as President Donald Trump’s tariffs set off company warnings about price increases even after the president eased his policy.The reading of brightened consumer sentiment snapped... Read More.

Trumps top meme coin investors visit White House

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(WASHINGTON) -- Despite repeated claims from the White House that President Donald Trump's Thursday night gala for the top holders of his cryptocurrency meme coin had nothing to do with his official duties, several of those investors visited the White House Friday afternoon for... Read More.