People walk near the entrance of a Kohl’s department store on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl on on Thursday again lowered its financial forecast for the year, saying its middle-income customers are particularly under pressure from higher inflation, which has put a damper on sales of clothing, shoes … Read more
People walk near the entrance of a Kohl’s department store on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl on on Thursday again slashed his financial forecast for the year, saying that his middle income customers are under pressure especially by higher inflation, putting a damper on sales. The retailer said … Read more
Rapper A$AP Rocky – the boyfriend of singing superstar Rihanna and the father of her three-month-old child – pleaded not guilty in Los Angeles today to shooting a former friend and music partner during an argument. Charged with two felony counts of assault with a semi-automatic firearm, Rocky – real name Rakim Mayers – faces … Read more
ITT Technical Institute’s Chantilly Campus sits closed and empty on September 6, 2016, in Chantilly, Virginia. The Washington Post | The Washington Post | Getty Images The US Department of Education announced Tuesday that it will cancel all federal student loans taken out by borrowers defrauded by ITT Technical Institute since 2005, delivering $3.9 billion … Read more
Despite positive inflation data this week, Richmond Federal Reserve President Thomas Barkin said Friday that more interest rate increases will be needed to ease price pressures. Releases this week showing that consumers and wholesale price increases softened in July there was a “great reception,” Barkin told CNBC’s “Squawk on the Street” in a live interview. … Read more
Wholesale prices fell in July for the first time in two years as a plunge in energy prices slowed the pace of inflation, the Bureau of Labor Statistics reported Thursday. The producer price index, which measures the prices received for final demand products, fell 0.5% from June, the first month-on-month decrease since April 2020, the … Read more
He says she wants to get food from her children. each one Drink Champs episode provides several takeaways that often go viral, but few have been as incendiary as Irv Gotti and And Rule‘ look. The friends teamed up in the series and discussed all things Murder Inc because the documentary is on the air, … Read more
He says she wants to get food from her children. each one Drink Champs episode provides several takeaways that often go viral, but few have been as incendiary as Irv Gotti and And Rule‘ look. The friends teamed up in the series and discussed all things Murder Inc because the documentary is on the air, … Read more
Check out the companies making headlines in midday trading. Coinbase reported a 27% drop in revenue in the first quarter as usage of the platform declined. Chesnot | Getty Images Coinbase – Shares of the crypto services operator jumped about 6% despite the company report a wider than expected loss Late Tuesday and reduced volumes … Read more
A view of the Norwegian cruise ship Encore during its inaugural launch from PortMiami, which took place from November 21-24, 2019. Orlando Sentinel | Tribune News Service | Getty Images Check out the companies making headlines in midday trading. Norwegian Cruise Line – Shares plunged nearly 12% on Tuesday after the company reported second quarter … Read more