After years of prolific growth, US dollar stores have hit a downturn. Dollar Tree (DLTR) shares plunged 20% Wednesday after the company cut its outlook for the rest of the year, citing “immense pressures” on its low- and middle-income customer base. Dollar Tree also owns the long-struggling Family Dollar chain.…

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Stay informed with free updatesSimply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox.Volvo Cars has abandoned its ambitious target to sell only electric cars by 2030 amid a global slowdown in growth for battery-powered vehicles.The Geely-owned Swedish group had been the first among traditional…

‘Let him die’: Trump’s nephew shares what he says Trump told him when he asked for help with his son Fred Trump, former President Donald Trump’s nephew, details an exchange he says he had with his uncle after he requested financial help for his son’s extensive medical expenses.  Read the full article here

Have you ever fantasized about packing up and moving to a new country? You’re not alone. The good news? It doesn’t have to cost a fortune—if you choose the right place. So where to move? Vietnam has been named the world’s most affordable place to live for the fourth year…

Seven GOP-led states have filed a lawsuit challenging the Biden administration’s most recent student debt forgiveness plan, accusing the U.S. Department of Education (DOE) of taking steps to cancel loans beginning as early as this week. The lawsuit comes nearly a week after the Supreme Court denied the Biden administration’s…

Democrats on the House Oversight Committee asked Donald Trump to show proof that he never received any money from Egypt, following a recent report on a nearly $10 million withdrawal from the nation’s state-run bank days before Trump became president in 2017.The Democrats in a letter Tuesday said they were…

Check out the companies making headlines in midday trading. Cleanspark – The crypto miner’s stock plunged more than 13%. Cleanspark released its mining update for August, which showed that it mined 478 bitcoins last month. That marks a drop from 494 in July and 659 in August last year .…

Costco customers are now paying more for their annual memberships for the first time since 2017. The retailer announced in July that membership fees would increase by $5 to $65 a year in the US and Canada for three of its plans: “Gold Star,” “Business” and “Business Add-On.” The changes…

Littelfuse (NASDAQ:LFUS) is currently richly valued, but because it is about to experience a substantial upcycle in FY25, I think this matters little to its near-term alpha potential. Based on my peer analysis and valuation assessment, the stock could increase by around 23% in 12 months. However, there are risks…