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Teen brands win over wary Black Friday shoppers while other deals disappoint

This Black Friday, one class of retailers has figured out the trick of luring shoppers suffering through frigid temperatures and high inflation: teen brands. To tempt picky Americans, they are offering sales on products like perfume, body wash and sweatshirts. It’s seemingly paying off: The most crowded stores Friday in cities across the US belonged to brands including Edikted, … Read more

Barry’s ‘cofounder’ unwinds at his own gym—but even he admits balance is elusive: ‘Many days I have to wake up and choose who I’m going to disappoint’

Being in the C-suite is a high-pressure job with long hours, board responsibilities, and intense scrutiny. But what is it like to be a top executive when you’re off the clock? Fortune’s series, The Good Life, shows how up-and-coming leaders spend their time and money outside of work. Today, we meet Joey Gonzalez the executive … Read more

China’s economy continues to stumble as industry output, retail sales disappoint

China’s economy showed further signs of weakness last month, with key data Monday revealing factory output and consumption rising at their weakest pace for around a year. Beijing has struggled to fully reignite the world’s number two economy since the end of the COVID-19 pandemic, with the once-booming property sector mired in a debt crisis … Read more

Fed Chair Jerome Powell may seriously disappoint Wall Street at Jackson Hole

All eyes will turn to Federal Reserve Chairman Jerome Powell on Friday, when he is scheduled to deliver a highly anticipated speech at a central bank conference in Jackson Hole, Wyo. The annual event previously has served as an opportunity for policymakers to tease forthcoming rate moves. Last year, Powell signaled a pivot to cuts, … Read more

Stocks dive as job numbers disappoint and tariff ‘panic’ sets in

More last-minute modifications to tariff rates and a disappointing July jobs report weighed heavily on investors in early trading Friday. The Dow Jones Industrial Average tumbled 770 points (-1.74%) as of 10:00 a.m. ET. The Nasdaq Index was off 544 points (-2.6%) and the S&P fell 122 points (-1.9%). Nonfarm payrolls were up by 73,000 … Read more

Arm shares slip as smartphone royalties disappoint

The replica of the ARM is an electronic chip board during a collaborative ceremony launching a partnership between Malaysia and ARM Holdings in Kuala Lumpur, Malaysia, on March 5, 2025. Hari Anggara | Nurphoto | Getty Images Arm Holdings shares dipped as much as 9% in after-hours trading on the company’s first-quarter earnings results Wednesday. … Read more

ASML’s chipmaking machine orders disappoint amid tariff uncertainty

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. ASML said orders of its chipmaking machines fell short of market estimates by almost €1bn, as chief executive Christophe Fouquet warned that Donald Trump’s tariff announcements had “increased uncertainty”. Shares of ASML have been hit … Read more

Novo Nordisk’s next-gen obesity drug CagriSema trial results disappoint investors

Medical bottles and syringe are seen with Novo Nordisk logo displayed on a screen in the background. Nurphoto | Nurphoto | Getty Images Novo Nordisk‘s hopes of heralding a new era of obesity treatment with its CagriSema drug have been called into question after a series of trial results sent shares falling. Headline results from … Read more

Markets rise on tariff pause, but earnings disappoint

Google’s Munich headquarters on Jan. 31, 2025 in Munich, Germany. The company’s development center is located in Arnulfpark. More than 2,500 employees work for the US company at various locations in Germany.  Matthias Balk | Picture Alliance | Getty Images U.S. President Donald Trump on Monday paused tariffs on Mexico and Canada (but, notably, not … Read more

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