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Shares of Canada Goose rose more than 20% on Wednesday after the company reported fiscal fourth-quarter earnings that beat analysts’ estimates, though it pulled its fiscal 2026 outlook due to “macroeconomic uncertainty.”The luxury retailer said it will not be providing a financial outlook for fiscal 2026 due to the uncertainty, citing “dynamic consumer spending patterns brought on by the unpredictable global trade environment.”Nonetheless, Canada Goose said it “remains confident in the strength of the brand, the Company’s solid financial position, and its ability to adapt to changing conditions.”Here’s what the company reported for the fiscal fourth quarter compared with what…

Lowe’s on Wednesday stood by its full-year forecast, as growing sales among home professionals helped offset slower demand from do-it-yourself customers.The home improvement retailer came in just shy of Wall Street’s expectations for quarterly sales, but beat earnings estimates.Shares of Lowe’s rose nearly 3% in premarket trading Wednesday.In the company’s news release, CEO Marvin Ellison said investments in its stores, technology and customer service have helped the retailer get through “near-term uncertainty and housing market headwinds.”Home improvement demand has been in a slower stretch as high interest rates and slower housing turnover ding U.S. consumers’ appetite to spend on pricier…

Chelsea Atkinson understood, at least in theory, that her father’s house might one day be hers. She just didn’t expect that day to arrive so soon.The death of her father in 2019 came as a shock: He was just 58, but complications from an earlier bout with lung cancer led to a quick decline. “It was like, ‘Boom,'” Atkinson says. She was 28, an only child, and had already purchased a house in Austin, where she’d grown up. Grief aside, the inheritance of her childhood home, with the mortgage fully paid off, might seem like a winning lottery ticket. But…

Gen Zers and millennials are postponing buying their first home, a growing number of older people are renting, and tenants are staying in their rentals for longer. This adds up to a record-high number of renters and an increasing share of those renters in older generations.”Renting today isn’t just for young adults starting out,” said Nadia Evangelou, a senior economist for the National Association of Realtors. “It’s actually a much more mixed picture. Over the past decade, we have seen more older millennials and Gen Xers staying in rentals longer, and even some boomers, for example, opting to rent later…

This as-told-to essay is based on a conversation with Preeti Ladwa, a 30-year-old platform manager who lives in New Jersey. The following has been edited for length and clarity.I graduated with a master’s in information systems in May 2023, and spent the rest of the year applying to dozens of jobs. After about 30 interviews, I still hadn’t received an offer.In January 2024, I decided to try something different: I began waking up at 5 a.m. every weekday, and after getting some coffee and taking my dog for a walk, I applied to jobs from about 6 a.m. to 10…

Homebuyers in today’s market are facing a tough question: buy a house now, or wait until mortgage rates and prices maybe come down?If you buy now, you can start putting money into owning what, for most people, is their biggest asset, but you could be stuck paying a high monthly mortgage rate. On the other hand, staying on the sidelines means you could get a potentially lower rate later on at the risk of missing out on home price appreciation.To make matters even more complicated, the threat of a recession is making it harder to make a financial decision as…

Every Tuesday afternoon, Spotify’s top brass — all of its vice presidents — pile into a room for a standing three-hour meeting with a key rule.”You’re not allowed to say the word ‘offline’ or ‘later’ — because that person is in the room,” said Gustav Söderström, Spotify’s co-president, on an episode of the “Invest Like The Best” podcast published Tuesday.At other companies, when conversations get uncomfortable or someone hasn’t delivered, people tend to punt the issue. But that’s not Spotify’s ethos, Söderström, who also leads tech and product, said.Instead of circling back, people are expected to hash things out.”It’s real-time…

A view of a Target store on March 5, 2025 in Novato, California.Justin Sullivan | Getty ImagesTarget will report its fiscal first-quarter earnings Wednesday, as the Minneapolis-based cheap chic retailer tries to get back to growth.Here’s what Wall Street is expecting for the discounter, according to a survey of analysts by LSEG:Earnings per share: $1.64 expectedRevenue: $24.32 billion expectedTarget’s earnings report will follow updates from other retailers, including Walmart and Home Depot. Both of the big-box retailers reaffirmed their full-year outlooks when reporting quarterly earnings. Yet the two companies diverged with how they will manage higher costs from tariffs. Walmart…

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldA top IMF official called on the US to reduce its fiscal deficit and tackle its “ever-increasing” debt burden at a time of rising concerns about President Donald Trump’s plans for sweeping tax cuts. “The US fiscal deficits are too large and they need to be brought down,” Gita Gopinath, the IMF’s first deputy managing director, told the Financial Times this week.She also warned that the world’s biggest economy was still affected by “very elevated” trade policy uncertainty despite “positive developments”,…

PLANO, Texas — The top-selling SUV in the United States will exclusively be offered as a hybrid model as part of a redesign of the RAV4 lineup, Toyota Motor announced Tuesday night.The world’s largest automaker said the 2026 Toyota RAV4 only will be offered as a hybrid or plug-in hybrid, eliminating a traditional gas engine in the vehicle for the first time. It will still have a 2.5-liter four-cylinder engine, but with hybrid technologies such as batteries and electric motors.Despite a slower-than-expected adoption of all-electric vehicles, automakers have looked to hybrid models — which combine electric vehicle technologies with traditional…