Editors Note: This is an updated version of a story that originally ran on August 29, 2022. Stocks and bonds are trading in bear territory. And given current circumstances, its…
read more
Add Nike to the list of brands and stores discounting excess merchandise to clear it off shelves. Nike (NKE) said Thursday its inventory levels soared 65% in North America, its…
read more
After hitting an alarming 40-year high in June, the Federal Reserves preferred benchmark for consumer inflation is once again flashing a warning sign about the persistence of high prices. The…
Days before publicly announcing his investmentin Twitter, Elon Musk texted with Jack Dorsey. The former Twitter CEO suggested he no longer believed in the company he founded, according to new…
There was good news and bad in Fridays revised data about the UK economy. It grew marginally in the second quarter of the year, rather than shrinking as previously estimated.…
read more
read more