Lithuania Seeks to End Months of Protests With New Government

Lawmakers are pressing major US companies for clarity on their use of H-1B visas, especially in light of recent layoffs. This scrutiny comes as many firms are downsizing while still relying on foreign talent, raising questions about the balance between job creation for Americans and the need for skilled workers. The outcome of this inquiry could significantly impact immigration policies and the job market.

Ecuador is facing significant unrest as protests erupt over the government's decision to cut a diesel subsidy. This week, officials are meeting with investors in New York, highlighting the tension between economic policies and public response. The outcome of these discussions could impact both the country's financial stability and the ongoing protests, making it a critical moment for Ecuador.

Coffee lovers are feeling the pinch as prices have surged by 21%, largely due to tariffs imposed on imports. Lawmakers are now stepping in, looking to roll back these tariffs to alleviate the financial burden on consumers. This matters because coffee is a daily staple for many, and rising costs can impact budgets and overall enjoyment of this beloved beverage.

A recent report from Oxford Economics highlights the struggles faced by younger and lower-income households despite an overall stable economy. Factors like tariffs, changing labor dynamics, and shifts in policy have disproportionately affected these groups, leading to financial difficulties. This matters because it sheds light on the hidden economic disparities that persist even in seemingly good times, urging policymakers to address these inequalities.

Lululemon has been downgraded due to concerns over weak performance in the US market and increasing competition. This is significant as it highlights the challenges the brand faces in maintaining its growth and market position, especially with rivals stepping up their game. Investors and consumers alike will be watching closely to see how Lululemon adapts to these pressures.

KB Home's stock price target has been raised to $59 from $58 by RBC Capital, indicating a positive outlook for the company's performance. This adjustment reflects confidence in KB Home's growth potential and could attract more investors, highlighting the company's resilience in the housing market.

Goldman Sachs has downgraded its copper supply forecast due to recent disruptions at the Grasberg mine, one of the world's largest copper producers. This downgrade is significant as it highlights potential challenges in the copper market, which could lead to increased prices and impact various industries reliant on this essential metal. Investors and manufacturers alike should pay attention to these developments, as they may affect supply chains and production costs.

The Co-op Group has revealed that a recent cyber-attack could lead to a staggering £120 million loss in profits for the year, highlighting the severe impact of such incidents on businesses. This situation is compounded by the UK government's call to support Jaguar Land Rover's suppliers during their operational shutdown. The financial repercussions of these cyber threats not only affect the companies directly involved but also raise concerns about the broader implications for the economy and the need for enhanced cybersecurity measures.

Kroger has issued an urgent recall of food products sold across thousands of stores in 31 states, raising concerns about consumer safety. This recall affects several major grocery chains under Kroger's umbrella, including Pay Less Supermarkets and Ralphs. It's crucial for shoppers to stay informed and check their purchases to avoid potential health risks.