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Macy's not looking to raise prices if new tariffs imposed: CEO

Reuters Wednesday, 14 August 2019 ()
Macy's Inc Chief Executive Officer Jeff Gennette said on Wednesday that the department store chain would not raise prices on products if the Trump administration goes ahead with its latest 10% tariffs.
Credit: Wochit Business - Published < > Embed
News video: Wall Street Falls As Recession Fears Grow

Wall Street Falls As Recession Fears Grow 00:34

Wall Street main indexes dipped more than 2.5% on Wednesday, as U.S. bond market indicators pointed to recession risks. Analysts fear the possibility of a recession following poor economic data from Germany and China. The S&P 500 index has plummeted to 4.5% since President Trump announced a fresh...

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