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Macy's, Inc. News

BlackRock Official Cites Difficult Path on Inflation

Consumer prices soared 8.6% in the 12 months through May, and many experts don’t see much improvement anytime soon.

Cathie Wood: I Erred On Inflation, But Recession is Here

Consumer prices soared 8.6% in the 12 months through May, a 40-year high.

Mr. Big Short: Fed May do a 180 on Interest Rates

The Federal Reserve has raised the fed funds rate target by 150 basis points since March, and many experts expect a lot more.

Five Below Stock Slides As Retailer Echoes Target Margin Warning After Muted Sales Outlook

"The consumer continues to face a lot of hurdles, most recently being the formula shortage, which for families, it's got to be something that's front and center on their mind," said CEO Joel Anderson.

Target Stock Slips After Retailer Boosts Dividend Despite Margin Concerns

Just days after trimming its near-term margin forecast, Target said it will boost its quarterly dividend by 20%.

Breaking News

Bank of America Lists Companies With Most Mentions of 'Supply Chain'

These companies made the most mentions of "supply chain" in their first-quarter earnings calls.

Crypto Crisis: Struggling Crypto Lender About to Be Acquired by Rival

Crypto firm Nexo is reviewing the assets of lender Vauld with the intent of acquiring the struggling crypto financial services company.

Ford Makes a Major Change

The legacy automaker has just made a decision that will affect consumers buying its electric vehicles via a lease.

Stock Market Today - 7/5: Stocks Slide On Recession Fears; Dollar Hits Two-Decade Peak

A brief overnight inversion of the U.S. yield curve, as well as mounting signs of a near-term recession, have stocks on the back foot heading into the holiday-shortened week.