Investing

Walmart, Macy’s and J.C. Penney are among the retailers set to report their second-quarter earnings this week. But with the burden of the trade war, many investors are skeptical. President Donald Trump’s announcement that the U.S. is putting 10% tariffs on an additional $300 billion worth of Chinese goods, effective Sept. 1, could hammer the
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Getty Images Investment giant BlackRock just became the largest stakeholder of Sports Illustrated’s parent company. BlackRock bought roughly a 30% stake in Authentic Brands Group for $875 million, the company’s chief executive officer Jamie Salter CNBC’s Brian Sullivan in a phone interview on Sunday. The deal values the brand management company around $4 billion to
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Satya Nadella, CEO of Microsoft. Sean Gallup | Getty Images Enterprise software is emerging as an exception to some investors’ caution around the technology sector. Wall Street analysts and investors including Carl Icahn are turning to software companies, which don’t rely as much on supply chains and manufacturing, as the trade war and strong dollar
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Peter Navarro, director of the National Trade Council. Andrew Harrer | Bloomberg | Getty Images White House trade advisor Peter Navarro said Beijing plans to devalue its currency — and if it does, the U.S. will respond forcefully. “They’re going to and we’re going to take strong action against them,” Navarro told CNBC’s “Closing Bell”
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Investor Steve Eisman is predicting bad things ahead for anyone betting on online real estate site Zillow, which has been trying to expand its operations but faces a stiff challenge. The managing director and senior portfolio manager at Neuberger Berman has been shorting Zillow for some time, and explained to CNBC in an interview Thursday that the
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