Jennifer Weber, chief human resources manager at Lowe's, talks about the home improvement retailer's new initiative, "Track to the Trades." The program aims to educate the Lowe's workforce with skill trade certifications.
Lowe's is partnering with adult education company Guild Education to educate Lowe's employees. Lowe's will pay tuition costs upfront for interested employees, provide academic coaching and support, and provide placement opportunities for full-time pre-apprenticeships.
Weber notes the tuition cost is not something that employees will be asked to pay back to Lowe's. The company views this new program as an obligation to its customers and to the country.
Walmart, which became the nation’s largest retailer by making low prices a priority, has found itself in a place it’s rarely been: Warning customers that prices will rise for goods ranging from bananas to car seats.
Chris Beauchamp, Chief Market Analyst at IG International, joins J.D. Durkin to give analysis on the recent trade truce between the U.S. and China. Watch!
Shan Aggarwal, VP of Corporate and Business Development at Coinbase, discusses the company's acquisitio of Deribit as it heads into the S&P 500. Watch!
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.