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Popular fashion retailer to close up to 180 locations this year
Torrid Holdings Inc., the plus-size fashion retailer known for catering to women sizes 10 through 30, is closing multiple retail locations across the United States. The closures span malls and
S&P 500 Claws Higher. Why Slow and Steady Is a Good Thing.
The S&P 500 up 0.4%, and is within 1.7% of its highest close on record of 6144.15. The Nasdaq Composite was up 0.2. The Dow was up 102 points, or 0.2%. The Dow specifically lagged a bit due to Boeing,
Here’s why stocks, bitcoin and gold are racing to record highs at the same time. It hasn’t happened in over 10 years.
There’s one common thread underpinning this year’s race to record highs in all three assets, one analyst said.
Wall Street looks past US deficit concerns for now as investors snap up bonds
Wall Street breathed a sigh of relief Thursday after a key bond auction eased concerns that the US economy might be falling out of favor with investors.
Chime shares set to open 48% above offer price in Nasdaq debut
By Manya Saini, Niket Nishant and Hannah Lang (Reuters) -Shares of Chime Financial were indicated to open 48% above their initial public offering price on Thursday, giving the digital bank a
Chime IPO: Stock Soars in Nasdaq Debut, Valuing It at Nearly $16 Billion.
Chime, a digital bank popular with younger customers, is the latest tech firm to go public. The stock will begin trading Thursday under the ticker symbol CHYM.
US wholesale inflation heated up in May
The latest Producer Price Index, a closely watched measurement of wholesale inflation, rose 0.1% in May, lifting the annual rate to 2.6%, according to Bureau of Labor Statistics data released
Your local supermarket's shelves could look bare this weekend after a cyberattack hit a major grocery supplier
The aisles of your local grocery store might look more sparse than usual going into the weekend. The reason involves a food distribution company that few shoppers have probably heard of: United
Shrewd Texas investors stayed the course amid stock market carnage, per BlackRock
Investors in the Lone Star State are Texas tough, with an overwhelming majority making no changes to their retirement accounts in the midst of head-spinning market volatility, according to new data
Walmart responds to major boycott from customers
Walmart (WMT) , which has recently been fighting to keep prices low in its stores amid looming tariffs, has another significant threat on its plate. The retail giant is facing a major boycott threat
Global professional services firm takes up new Dallas digs
A global professional services firm is taking up expansive new digs in northern Dallas. Earlier this month, state filings showed Marsh McLennan, a New York City-based risk management and insurance
Fears over the safety of US government bonds have been put to rest — for now
The bond market just cleared a key hurdle and put investors at ease about the state of government borrowing — at least for now. The Treasury Department saw solid demand for its anxiously awaited
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