Hermes to Pass on Tariff Costs to US Customers

Hermes to Pass on Tariff Costs to US Customers
France's Hermes will fully shift the burden of tariffs in the United States to its wealthy clientele, the company said Thursday, as it posted first-quarter sales that slightly missed market expectations in a rare show of weakness. Pictured: people shop at a Hermes store in the luxury wing of the American Dream shopping mall in East Rutherford, New Jersey. (Ted Shaffrey/AP)
Americans' 'Magic Number' to Retire: $1.26 Million
In step with the decline in inflation from 5% to 3% in the past two years, Americans think they will need to save less, $1.26 million, to be able to retire comfortably, a Northwestern Mutual study found. That figure is down $200,000 from the $1.46 million reported last year.... [Full Story]
US Strikes Yemeni Port Used by Iran-Backed Houthis
U.S. forces carried out an airstrike Thursday on a key oil port in [Full Story]
Sen. Warren Warns of Market 'Crash' If Powell Fired From Fed
Sen. Elizabeth Warren, D-Mass., said on Thursday that the markets [Full Story]
America First Republicans Can Undo Biden Damage
I remember as a young Senate staffer in late 2006, after the GOP had [Full Story]
Trump Media Presses SEC to Probe Short Positions
The media company majority owned by President Donald Trump, Trump [Full Story]
Netflix Quarterly Results Beat, Stock Jumps 4%
Netflix exceeded Wall Street expectations for quarterly results and [Full Story]
Dow Ends 527 Points Lower as UnitedHealth Drags
The S&P 500 clawed back some of its earlier losses Thursday, lifted [Full Story]
The Kill Switch Fight: Why It's Costing You Big!
The Dystopian Future of Car "Kill Switches" [Full Story]
Rep. Jeffries: US in Crisis Due to Trump's Policies
House Minority Leader Hakeem Jeffries said in an interview Thursday [Full Story]
Trump Eying Fed Governor Warsh for Chairman
President Donald Trump has privately discussed firing Federal Reserve [Full Story]
Trump: Powell Will Leave 'If I Want Him Out'
President Donald Trump said Thursday that if he asks Federal Reserve [Full Story]
Why the Treasury Market is Behaving Badly
The US 10-year Benchmark rate jumped by 50 basis points in just the [Full Story]
Hermes to Pass on Tariff Costs to US Customers
France's Hermes will fully shift the burden of tariffs in the United [Full Story]
Trump in 'No Rush' to End Tariffs, Meets With PM Meloni
President Donald Trump said Thursday that he is in "no rush" to reach [Full Story]
2025 Nissan Rogue Rock Creek Review
Compact SUVs are often labeled as "soft-roaders," built more for [Full Story]
Coming Together For America's Retirement Crisis
One-third of U.S. voters have no retirement savings, and only 18 [Full Story]
30-Year Mortgage Rises to 6.83%, Highest Since Feb.
The average rate on a 30-year mortgage in the U.S. climbed to its [Full Story]
US Postpones 3 Home Appliance Energy Mandates
The U.S. Energy Department said on Monday it is postponing the [Full Story]
Endangerment Finding Endangers Energy & Freedom
One of the Trump administration's most important executive actions is [Full Story]
Target CEO to Meet With Al Sharpton Amid DEI Cuts
Target's chief executive officer plans to meet this week with the [Full Story]
Judge Finds Google Holds Ad Tech Monopolies
Alphabet's Google illegally dominated two markets for online [Full Story]
Russian Arctic Oil Exports to China Jump
Russia's Arctic oil exports to China are set to rise sharply this [Full Story]
Philadelphia Fed Names Anna Paulson New Chief
Anna Paulson, currently head of research at the Chicago Fed, has been [Full Story]
The Trump USA Productivity Factor: The AI Brief
The rise of artificial intelligence (AI) has revolutionized various [Full Story]
Lauren Fix
The Car Coach®
The Dystopian Future of Car "Kill Switches"... [Full Story]
Michael Pento
Pento Portfolio Strategies
The US 10-year Benchmark rate jumped by 50 basis points in just the five days from April 7th to the 11th.... [Full Story]
George Mentz
The rise of artificial intelligence (AI) has revolutionized various aspects of our personal and professional... [Full Story]
Ken Nuss
Lack of awareness leads many to overlook these potent financial tools.... [Full Story]
Thomas Kolbe
With their tariff initiative, the USA has thrown down the gauntlet to China and the European Union. The... [Full Story]
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