New York, NY – October 1, 2025 – The U.S. financial markets were jolted today by a significantly weaker-than-expected ADP National Employment Report for September, which revealed a contraction in private sector payrolls. The surprising data immediately triggered a defensive shift among investors, sending U.S. Treasury yields plummeting as bond
According to a Reuters report, CFO Cathy Smith announced in an internal memo that Ningyu Chen, who formerly held the role of senior vice president of global experience technology, will serve as the interim chief technology officer.
The recent decision by the U.S. Federal Reserve to cut its benchmark interest rate has sent reverberations across the global financial landscape, marking a pivotal moment for international capital flows, emerging economies, and the monetary policy decisions of central banks worldwide. This move, a direct response to evolving domestic
All three major U.S. equity benchmarks — the S&P 500, Nasdaq 100, and Dow Jones — surged to fresh record highs on Thursday, as investors piled into risk assets on growing bets that interest rates will soon fall.
Tapestry Inc. outlines long-term growth strategy to increase revenue, margins, and shareholder returns by 2028, with focus on younger consumers and international expansion.
