On Thursday, President Donald Trump announced another round of tariffs on Chinese imports.
According to a report from Credit Suisse, softline retail is one of the industries most exposed to the new tariffs.
The 10% tax could hurt this year's earnings-per-share growth of companies that sell consumer goods, according to Credit Suisse. They estimate that department stores would suffer the biggest hit to earnings.
Here are 16 retailers the firm says are at risk.
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These 16 retail stocks could get slammed by Trump's latest tariffs on China
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Stocks post their worst week of 2019 after Trump's latest trade-war escalation
Rising trade tensions between the US and China pushed stocks to their worst week of 2019 as major indexes slid by more than 1.3% at their lowest levels.
The benchmark S&P 500 slipped 3.1% for the five-day period.
On Friday, China announced its intentions to retaliate against the US should it impose a new 10% tariff on $300 billion worth of Chinese products.
Employment data for July released on Friday showed that the US economy added 164,000 nonfarm payrolls during the month.
The losses mark -
Here are the products that will get hit after Trump officially slaps $300 billion of tariffs on Chinese imports next month
President Donald Trump said Thursday he will expand tariffs to virtually all imports from China on September 1, a move that's expected to raise the cost of household products ranging from cellphones to clothing.
The latest round would hit significantly more consumer products than previous duties, from clothing to cellphones.
The Trump administration claims foreign exporters pay tariffs, but evidence suggests Americans bear the brunt of their costs.
Visit Markets Insider for more stories.
P -
Peter Thiel slammed Google in a scathing New York Times op-ed, but failed to mention that he works for and invests in the search giant's rivals (FB, GOOGL)
When The New York Times published an opinion piece by Peter Thiel this week, it failed to disclose his potential conflicts of interest.
The piece, which was sharply critical of Google, describes him only as "an entrepreneur and investor."
It doesn't mention he's on the board of Facebook and chairman of Palantir, two companies that compete with Google.
The Times has faced criticism in the past for failing to disclose pertinent information about some of its op-ed writers. Visit Business Insider's -
Trump rolls out trade agreement with the EU one day after escalating tensions with China
President Donald Trump announced Friday the European Union would open its beef market to American farmers in a bid to defuse one front in a yearlong trade trade dispute between the two sides.
The move could ease tensions between the two sides, which have fought over trade for more than a year.
The announcement came just a day after Trump escalated trade tensions with China.Visit Markets Insider for more stories.
President Donald Trump announced Friday the European Union would open its beef -
Top Oracle execs Larry Ellison, Mark Hurd and Safra Catz failed to earn all of their annual bonuses this year (ORCL)
For the second year in a row, Oracle's board has told investorsthat its trio of top execs — CEO Safra Catz, fellow CEO Mark Hurd, and CTO Larry Ellison — won't be getting their all of their bonuses.
The company says they didn't meet the business objectives, including specific cloud computing revenue targets.
And for the second year in a row, this loss of bonuses is a bit of a red herring.
All three execs, who have been called among the most overpaid CEOs in 2019, will still ear -
The US labor force is bigger than ever. Here are the 5 industries that posted the fastest job growth in July.
The US jobs report for July showed employers added 164,000 jobs.
The US labor force also reached a new record high of of 151 million.
A Bloomberg study detailed the five industries that saw the highest job-creation rate in July.
Some sectors included were child care services, couriers and messengers, and logging.
Though the national average wage rose to $27.98, none of the five fastest growing industries feature an average wage at or above that figure.
Visit Markets Insider for more stories.
US -
This VC firm managing $500 million in assets tries to invest in as few companies as possible. And it only wants startups with management teams looking for help. (AKAM)
HighBar Partners specializes in funding later-stage startups that are looking to make the jump from a proven business model to exponential growth.
Many members of the venture-capital firm's team have experience at startups, and HighBar likes to invest in companies that can benefit from their expertise, managing director Brian Peters said.
The firm focuses on the software sector, particular companies that are involved in business-process automation and in helping companies undergo a digita -
Aphria soars 38% after defying Wall Street estimates and turning a profit (APHA)
Aphria, a Canadian cannabis producer, reported fourth-quarter earnings Thursday that beat analyst expectations.
Consensus estimates called for negative net income, but the company ended up turning a profit.
Shares surged as much as 38% on the news.
The strong report comes after a year of losses for the company when short sellers questioned its acquisitions.
Watch Aphria trade live on Markets Insider.
Aphria just got a break from strong fiscal fourth-quarter earnings.
Shares of the Ca -
The future of payments
via warc.comThe internet era has transformed how consumers approach money, as it has almost every part of human life, which forms the foundation of August's Admap on the future of... -
Five essential trends in money: What marketers need to know
via warc.comThe August issue of Admap puts the spotlight on the future of payments. Sanjib Kalita, from Money20/20 and Guppy, explains key trends in payments, including digital... -
The US Federal Reserve is now examining Amazon cloud data centers, in what appears to be growing federal oversight of the cloud industry (AMZN, GOOG, MSFT)
Amazon Web Services is the cloud computing arm of Amazon's business.
That service, and other cloud computing services like it, are facing increased scrutiny from world governments for the role they play in handling sensitive data — from Social Security numbers to bank account information.
According to a new report in the Wall Street Journal, Amazon's already begun hosting regulators from the United States Federal Reserve.
Visit Business Insider's homepage for more stories.Amazon's cloud co -
One Wall Street expert says stocks could plunge 20% in the next 2 months. Here are 4 trades investors should make before the collapse.
Vincent Deluard, the director of global macro strategy at INTL FCStone, says the stock market could see 20% wiped out over the next two months.
He backs up his call with three areas of concern: a corporate earnings slowdown, economic weakness, and geopolitical uncertainty.
We outline four corresponding trades investors can make before the dust settles in order to benefit from the turmoil.
Note that neither INTL FCStone nor Vincent Deluard have made any of the following recommendations. The -
Pinterest spikes 17% as monthly active users top 300 million for the first time (PINS)
Shares of Pinterest soared 17% in early trading on Friday after the social network reported second-quarter earnings that pleased Wall Street.
Pinterest reported that monthly active users, one of the most important metrics for analysts and investors, surpassed 300 million for the first time.
The company also posted $261 million in revenue, a 62% increase from the same period last year.
Watch Pinterest trade live.
Visit the Markets Insider homepage for more stories.
Shares -
Tesla's longest-tenured executive is leaving the company — here are all the key names who have departed in the past year (TSLA)
Tesla is known for its high rate of executive turnover, and recent years have been no different.As the electric-car maker has faced production and delivery issues, investigations from the federal government, and questions about its ability to one day generate sustainable profits, departures from senior employees have added yet another challenge.Most recently, CEO Elon Musk announced that chief technology officer JB Straubel will step down from the role and become an advisor to Tesla.
Visit Busi -
Square plummets 15% after selling its food-delivery business and saying it will spend more (SQ)
Square plunged 15% on Friday after selling its Caviar food-delivery business and announcing increased spending in its second-quarter earnings report.
The company lowered its third-quarter earnings expectations, citing plans to invest more in marketing ahead of the holiday season, when it says businesses heavily use its service.
Square's Cash App brought a spot of good news, hitting $135 million in quarterly revenue after bringing in what its CFO called "negligible" figures immediately after its -
‘Brands must have meanings that are shared’ – remembering the wisdom of Judie Lannon
via warc.comLast week saw the very sad news that Judie Lannon, one of the pioneers of account planning, has passed away. WARC’s David Tiltman looks at why her thinking is as relevant today as it ever was. -
Young Aussies want a human connection with brands
via warc.comYoung Australians are liberal and open-minded but, above all, they are motivated by a desire to make real-world human connections and these attributes affect their relationships with brands.That is according to brand experience agency Amplify... -
Singapore Life taps simplicity for success
via warc.comSingapore Life, a five-year-old fintech startup, turned a profit in its first year of trading in a fast-changing landscape thanks to a focus on giving the customer the sort of straightforwardexperience the sector hasn’t offered before,... -
JP Morgan Chase taps AI copywriting tech
via warc.comIn a move that may unnerve copywriters across the advertising industry, JP Morgan Chase has announced that it has struck a five-year deal with a tech firm whose AI-generated marketing copy is said to be more effective than that written by humans. ... -
How faces enhance the impact of print ads
via warc.comPrint advertising that includes faces, or images that could be interpreted as faces, tends to be more preferred by consumers than ads that do not have this feature, according to a study published in the Journal of Advertising Research (JAR). ... -
Commercial radio reaches new highs in the UK
via warc.comA record 36.14 million people tuned into commercial radio in the UK in the second quarter of 2019, taking commercial radio’s combined audience share up to 48%, only marginally behind the BBC’s total share of 49.3%.According to the -
A guide to what's cool: the return of The Face
via warc.comThe Face, the seminal British magazine born in a troubled 1980 before folding in 2004, is returning in an equally troubled 2019, with its first print edition due to drop this month.“Britain in the 1980s was a really fucked up place,”...
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