Target expects squeezed profits from aggressive plan to get rid of unwanted inventory
Retailers from Walmart to Gap face a glut of inventory as inflation-pinched shoppers skip over categories that were popular during the...
News by FinTech Collective
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U.S. retail sales declined in May as inflation stings consumers
Consumer spending, buoyed by strong job growth and stimulus measures, was the backbone of the country’s economic recovery since a brief...
U.S. home equity hits highest level on record—$27.8t
The increase is another consequence of a red-hot housing market. Double-digit price gains have driven some would-be homeowners out of the...
SEC closes in on rules that could reshape how stock market operates
Chairman Gary Gensler directed SEC staff last year to explore ways to make the stock market more efficient for small investors and public...
Banks and funds stash record $2t overnight at Fed facility
The figures disclosed by the Federal Reserve Bank of New York marked the first time more than $2t had been tucked away in the Fed’s...
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