September 17, 2025

  • The Federal Reserve is expected to deliver a rate cut at the conclusion of its two-day meeting on Sept. 17. A weak jobs report and high unemployment were cited as two factors driving the projected interest rate cut (via CNN Business).
  • Puma stock jumped by more than 11% as of 10:09 a.m. ET on Sept. 17, largely on news that parties involved were looking toward a potential takeover of the German sportswear brand by two investors (via Reuters).
  • Holiday sales growth in the U.S. is expected to come in at between 3% and 5% for 2025, according to AlixPartners data. The projections called for an “underwhelming” holiday sales season versus prior years, as consumers showed wariness to spend and are anticipated to hunt for bargains (via Chain Store Age).
  • The busiest holiday shopping days are projected to be Black Friday (Nov. 28), with the two Saturdays preceding Christmas taking second and third places (Dec. 20, and Dec. 13), according to Sensormatic Solutions (via Chain Store Age).
  • Ben & Jerry’s co-founder Jerry Greenfield has stepped down from the ice cream company after almost 50 years. Greenfield called the decision painful, but cited Unilever’s silencing of the company’s ability to speak on global issues as the root cause for his decision (via CNBC).
  • General Mills maintained its annual sales and profit forecasts, despite softening U.S. demand for its products (via Reuters).
  • The investors planning to hold TikTok U.S. include Oracle, Andreessen Horowitz, and Silver Lake, according to sources. Combined, the three would hold an estimated 80% stake in the newly created U.S. company (via CNN Business).