The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a monthlong truce.Marketsread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
Amazon is expected to report its second-quarter earnings on Thursday.Investingread more
The largest residential brokerage company in the U.S. is partnering with the largest online retailer in a strategy to boost sales for both.Real Estateread more
Here are the biggest calls on Wall Street on TuesdayInvestingread more
Canaccord Genuity's Tony Dwyer believes stocks are about to fall as much as 5% from their all-time highs.Trading Nationread more
Retail can be a confusing world for Jim Cramer. Why the heck are investors willing to pay up for a stock like Ulta Salon, and then completely give up on a stock like PVH Corp even if they both beat quarterly guidance?
When Ulta reported its 12 percent same-store-sales gain on Thursday, Cramer was struck by how little stands in the way of this company. It doesn't have to fight the weather, strong dollar or e-commerce. Women buy cosmetics and get their hair done regardless of how hot or cold it is.
Read more from Mad Money with Jim Cramer
That is how this company has the best comparable sales ever in history of being public. CEO Mary Dillon has cracked the code on customer loyalty, and Cramer thinks she could even just be scratching the surface.
PVH is a different story, though. Despite excellent management, the big locations to find its apparel tend to be in tourist destinations, and a strong dollar has cut back on traveling to these locations. It also makes tons of cold weather apparel and that is precisely what is not selling this holiday season.
"PVH and Ulta, what a contrast. No wonder the former sells at just 12 times earnings and the latter trades at triple that number," Cramer said.