Home Depot's CEO said the retailer cut its outlook partly due to "the potential impacts to the U.S. consumer arising from recently announced tariffs."Retailread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
GE kicks off a new week after some crazy moves. Two traders urge caution.Trading Nationread more
Porsche and Apple believe music streaming is the next advancement for in-car entertainment. The luxury automaker and tech giant are teaming up to allow drivers of the all-new,...US: Consumer Servicesread more
J.P. Morgan advised clients in a note early Tuesday that it was time to buy shares of Beyond Meat again.Marketsread more
U.K. Prime Minister Boris Johnson told the EU that a Brexit deal can still be approved by U.K. lawmakers if Brussels agrees to scrapping the contentious Irish "backstop."read more
Baidu posted better-than-expected earnings for the June quarter, swinging back to profit and managing to stabilize its core ad business.Technologyread more
An exchange-traded fund based in mortgage-backed securities may provide just the kind of stable income investors need in this market, says ETF.com's Dave Nadig.ETF Edgeread more
When it comes to "offshoring," some foreign shores are better than others.
FM Global, a Rhode Island-based mutual insurance firm, released an annual study Tuesday outlining which countries are best — and worst — at hosting companies' supply chains, which are the links that take a product from natural resource through production and ultimately to the consumer.
The study weighs a number of factors, including a country's per-capita GDP, infrastructure and exposure to natural hazards.
Venezuela is the worst country for supply chains for a second straight year, as the Latin American nation faces "extensive corruption, perceived low quality in local suppliers and poor infrastructure," the study said. Venezuela also contends with skyrocketing inflation and a collapse the price of oil, which is the country's most important commodity.
Three other Latin American countries joined Venezuela among the worst countries for supply chains: The Dominican Republic, Honduras and Nicaragua.
The Dominican Republic suffers from a poor geographic location that's vulnerable to natural hazards, and "it scores at the very bottom on how it manages natural hazards," said Bret Ahnell, executive vice president at FM Global.
"You can't change where a country is located, but you can control how you prepare to deal with these hazards," Ahnell said.
"Both countries can be viewed as world-class," Ahnell said. "The one primary reason for why both countries swapped spots was the fall in oil prices," which impacted Norway's GDP.
Eight European countries made up the report's top 10, with the U.S.' Midwest region and Canada the only outliers.
FM Global's study divides the United States into three large regions: East Coast, West Coast and Midwest.
The Midwest region was the highest-ranking region, coming in at seventh, while the East and West coasts ranked 11th and 21st, respectively. The Midwest "is subject to a variety of natural hazards, but with less exposure than states in the east or west of the country," the research said.
Mexico ranked 65th in the study.