The Trump administration’s proposed tariffs on $50 billion of Chinese imports, coupled with retaliation promised by China, would take a big toll on the U.S. economy.
CVS Health on Wednesday reported solid earnings for its first quarter and affirmed its 2018 guidance as the close of its acquisition of Aetna comes into sight.
While there are some crumbs of comfort in the latest results from Under Armour, the numbers still give the impression of a brand that has run out of steam.
Lifestyle accessories retailer Tapestry benefited from a strong first quarter performance by its Coach brand, but its Kate Spade banner turned in weak results.