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Ten years ago, my wife, daughter and I relocated from the Washington, DC area to Lisbon, Portugal. Living here has been one of the best experiences of our lives, so we’re not surprised that it’s the country Americans want to move to the most.But once we arrived, we soon learned that some of our expectations before the move were unrealistic. For example, we thought we could fully integrate simply by mastering the language and making a lot of Portuguese friends. Ten years later, we still feel just as culturally “American” as we did when we first landed.Now that we’ve fully settled…
A Peloton bike is displayed at a Dick’s Sporting Goods store on May 08, 2024 in Daly City, California. Justin Sullivan | Getty ImagesPeloton on Tuesday launched its own marketplace for reselling used equipment and gear as the company looks to capitalize on the many bikes and treadmills collecting dust in people’s homes. The platform, dubbed Repowered, will allow members to post listings for their used Peloton equipment and gear and set a price with help from a generative AI tool, the company said.Sellers have the final say on how much to list the item for, but the AI tool will suggest…
Shares of Dollar General jumped nearly 16% on Tuesday after the discounter raised its outlook, saying it drew more middle- and higher-income shoppers amid fears that higher tariffs would hurt consumer spending.The Tennessee-based retailer beat quarterly expectations for revenue and earnings. The company said it now anticipates net sales will grow about 3.7% to 4.7%, compared to its previous expectation of about 3.4% to 4.4%. It expects diluted earnings per share to range from $5.20 to $5.80, compared to its prior outlook of approximately $5.10 to $5.80. Dollar General anticipates same-store sales will increase 1.5% to 2.5%, higher than its previous guidance of about 1.2% to…
Deutsche Bank’s Binky Chadha is bullish again, confident that the Trump administration will continue to back down on tariffs. “Our base case was for a significant rally in equities on a credible relent on trade policies,” the chief U.S. equity and global strategist wrote Tuesday. “In the event, the administration relented earlier than we had anticipated, driven primarily by market reaction, and before the emergence of any legal barriers or economic or political pain.” “This reinforces the view that if negative impacts of tariffs do materialize, we will get further relents,” Chadha added. Chadha raised his year-end S & P…
Chelsea are in talks to sign AC Milan goalkeeper Mike Maignan.The France international’s contract at the San Siro expires next summer and he is yet to commit to an extension, which has alerted Chelsea to the possibility of securing a deal. There is a good chance a move to west London happens.The 29-year-old’s potential arrival at Stamford Bridge mean yet another shake-up to the goalkeeper department.Chelsea already have five goalkeepers on their books – Robert Sanchez, Filip Jorgensen, Djordje Petrovic, Mike Penders and Kepa Arrizabalaga – but Maignan’s potential arrival would see him challenge for the No 1 jersey with…
Chelsea are in talks to sign AC Milan goalkeeper Mike Maignan.The France international’s contract at the San Siro expires next summer and he is yet to commit to an extension, which has alerted Chelsea to the possibility of securing a deal. There is a good chance a move to west London happens.The 29-year-old’s potential arrival at Stamford Bridge mean yet another shake-up to the goalkeeper department.Chelsea already have five goalkeepers on their books – Robert Sanchez, Filip Jorgensen, Djordje Petrovic, Mike Penders and Kepa Arrizabalaga – but Maignan’s potential arrival would see him challenge for the No 1 jersey with…
New grads are entering the workplace this summer, and they have mixed feelings about how prepared they are.Two in three recent college grads say they feel “fully ready” to communicate with their colleagues through email or instant messaging at work, while 59% feel good about making conversation in person, according to the latest Handshake report on the class of 2025.But one area they’re less ready for: participating effectively in meetings, where just 35% of 2025 grads say they feel confidently prepared.Figuring out how to show up well in in-person meetings, especially as a new hire and even more so as…
REUTERS — An attack on a United Nations food convoy in Sudan overnight killed five people and prevented food deliveries to children and families who face starvation in North Darfur’s al-Fashir, UN agencies said on Tuesday. “Five members of the convoy were killed and several more people were injured. Multiple trucks were burned, and critical humanitarian supplies were damaged,” the UN children’s agency and the World Food Programme said in a joint statement. They did not say who was responsible and called for an urgent investigation into the attack, which they said was a violation of international humanitarian law. Without…
London CNN — President Donald Trump’s trade war will wreak greater economic damage than previously expected, both in the United States and everywhere else, according to new forecasts by the Organisation for Economic Co-operation and Development. In a report Tuesday, the group of 38 mostly wealthy nations sharply downgraded its 2025 economic growth forecast for America to 1.6% from the 2.2% projected in March and said growth would be even weaker next year. The report underscores the uncertainty and chaos around Trump’s tariffs, as well as their potential to cause lasting harm across the world. The Paris-based organization cited higher…
DETROIT — Ford Motor on Tuesday reported a 16.3% year-over-year U.S. sales increase for May, as the automaker continues an employee pricing program amid rising tariff costs and vehicle price increases.Sales for the Detroit automaker were led by a 17.2% increase in purchases of its vehicles with traditional internal combustion engines, as well as a roughly 29% jump in hybrid models. Those gains offset a 25% drop in sales of all-electric vehicles — notably its electric F-150 — compared with May 2024.May marked the third consecutive year-over-over, double-digit sales increase for the automaker, led the past two months by its…