Consumer spending grew at a slower than expected pace in February, but underlying data showed steady growth despite inflation and economic slowdown concerns.
Forever 21 filed for Chapter 11 bankruptcy for the second time in six years due to declining mall traffic and increased competition from online retailers.
Shark Tank star Barbara Corcoran reveals how she is handling all of this recession news, the best time to buy a home and what she looks for when hiring. Watch!
Shark Tank star Barbara Corcoran reveals how she is handling all of this recession news, the best time to buy a home and what she looks for when hiring. Watch!
Fiserv's Shannon Watkins talks about driving change at the intersection of commerce, culture, and community- all while tackling small business failure rates.
Hours after a series of outages that left X unavailable to thousands of users, Elon Musk is claiming that the social media platform is being targeted in a “massive cyberattack." Musk said on a post Monday that the attacker is either a large, coordinated group or a country. Complaints about outages spiked Monday at 6 a.m. Eastern and again at 10 a.m, with more than 40,000 users reporting no access to the platform, according to the tracking website Downdetector.com. A sustained outage appeared to begin just after noon Eastern.
A columnist who has worked at the Washington Post since 1984 quit on Monday, after she said the publisher Will Lewis killed her column criticizing owner Jeff Bezos' edict that the newspaper's editorial section concentrate on issues of personal liberties and the free market. Ruth Marcus wrote in a resignation letter that “it breaks my heart to conclude that I must leave.” Her exit was first reported by The New York Times. The Post said that it respected Marcus' decision and wishes her the best. The newspaper has been reeling, both financially and through an exodus of many of its journalists, over the past year.
Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal. But, for investing at least, this is normal.
