US retail chain Target has slashed its expectations for the year after a sharp fall in sales which it blamed on a "highly challenging environment" amid the introduction of trade tariffs. Its sales slumped by 5.

The group run by Elon Musk and aides to cut federal spending in the second Trump administration is targeting surveys conducted by the U.S. Census Bureau that it claims are “wasteful."

Americans aren't going to want to work the factory jobs created by companies shifting manufacturing to the US due to tariffs, Steve Madden said.

Apple shares dropped as much as 3% Friday after President Donald Trump threatened the tech giant with a 25% tariff if it does not start producing iPhones in the U.S. — his latest salvo directly targeting a U.S. company over how it conducts its business.

Target has experienced a slump in customer spending, which the company has blamed on cautious spending due to the tariffs

Former President Barack Obama's first chief of staff, Rahm Emanuel, is warning President Donald Trump that his "big, beautiful bill" hands a huge gift to Democrats. Trump demanded that his GOP majority in the House and Senate pass a single bill that contains an extension of his 2017 tax cuts,

Target's CEO, Brian Cornell, has issued a stark warning about the potential impact of Trump's tariffs on the company's operational costs. As these tariffs continue to exert pressure, Target's decision could significantly affect American consumers.

Target's sales have fallen through the start of 2025 amid President Donald Trump's sweeping tariffs, falling consumer confidence, and boycotts over the retailer's diversity program rollback. Target reported that net sales dropped 2.

The Trump administration is investigating former New York Governor Andrew Cuomo and pressing charges against a New Jersey congresswoman, leveraging its control over the criminal justice system to pursue Democratic rivals.

NATO members delivering on U.S. defense spend demands would be "very, very difficult," Greek Prime Minister Kyriakos Mitsotakis told CNBC. The current defense spending target for NATO members is 2% of their GDP.