Modelo and Corona owner Constellation Brands beat quarterly earnings and revenue estimates, but its outlook took a hit from U.S. tariffs on most of its beer. ​Read More
For decades, the use of tariffs was considered a smart economic move to protect American entrepreneurship and markets for domestic producers. They were in place as America surpassed Great Britain in the late 1800s and early 1900s as the preeminent nation and economy in the world. They were in place during the Roaring Twenties —
Financial markets have experienced historic volatility in recent days amid elevated uncertainty due to President Donald Trump’s trade war with China and other countries, and experts say that investors should stick with their long-term plans and resist the urge to make snap decisions. The Dow Jones Industrial Average experienced back-to-back swings of more than 2,000 points
The company is in the process of being taken private by Sycamore Partners in a deal that is expected to close in the fourth quarter of this year. ​Read More
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