In this article KSS Customers leave a Kohl's store on November 12, 2015 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Kohl's on Thursday said final bids to sell the business are expected in the coming weeks. The retailer also slashed its outlook for
A sale pending sign is posted in front of a home for sale on March 18, 2022 in San Anselmo, California. Justin Sullivan | Getty Images Sales of previously owned homes in April fell to the lowest pace since the Covid pandemic started, according to the National
You have to go all the way back to 1981 when stocks, bonds, inflation-protected bonds and industrial metals were all slumping simultaneously. The S&P 500 index SPX, -4.04%
Reuters Tesla cut from S&P 500 ESG Index, and Elon Musk tweets his fury (Reuters) -An S&P Dow Jones Indices executive told Reuters on Wednesday it has removed electric carmaker Tesla Inc from the widely followed S&P 500 ESG Index because of issues including claims of racial
Here are Thursday's biggest calls on Wall Street: Stifel downgrades Target to hold from buy Stifel downgraded the big box retailer after its disappointing earnings report on Wednesday. "We downgrade shares of Target to Hold and reduce our 2022-2023 EPS estimates meaningfully and our price
Sam Bankman-Fried, CEO of FTX US Derivatives, testifies during the House Agriculture Committee hearing titled Changing Market Roles: The FTX Proposal and Trends in New Clearinghouse Models, in Longworth Building on Thursday, May 12, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images The U.S. affiliate
So what's priced in? So much for defensive plays. Consumer Staples reacting so poorly to Walmart and Target, and Thursday to Kohl's , which cut its fiscal 2022 earnings, tells you there is additional growth and earnings risk out there. A lot of investors have
In this article MCD The Kremlin's towers and passers-by are seen reflected in the window of a closed McDonald's restaurant in Moscow on May 16, 2022. Natalia Kolesnikova | AFP | Getty Images McDonald's said Thursday it has struck a deal to sell its Russian business to its current
“Is the economy under control or is it spiraling out of control? That’s the million-dollar question traders continue arguing over,” sums up CrackedMarket blogger Jani Ziedins. Clearly, the latter argument prevailed — again — after Wall Street’s worst day in two years, and futures hinting
