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Tag: inflation

NEW YORK, NEW YORK - MARCH 02: The Macy's company signage is seen at the Herald Square store on March 02, 2023 in New York City. Macy's Inc. stock jumped 14.8% in premarket trade on Thursday, after the department store chain exceeded forecasted estimates for the fourth quarter. The company posted a net income of $508 million for the quarter to Jan. 28, which was down from $742 million in the year-earlier period. While sales fell the company offered upbeat guidance for fiscal 2023. (Photo by Michael M. Santiago/Getty Images)

Macy’s Employee Allegedly Concealed $154M In Expenses

Macy’s was forced to delay reporting its third-quarter earnings after it was revealed that an employee hid up to $154 million in expenses related to delivering small packages. 

Read More Macy’s Employee Allegedly Concealed $154M In Expenses
SONOMA, CA - NOVEMBER 26: With less than one week before Thanksgiving, a turkey sits in a barn at the Willie Bird Turkey Farm November 26, 2013 in Sonoma, California. An estimated forty six million turkeys are cooked and eaten during Thanksgiving meals in the United States. (Photo by Justin Sullivan/Getty Images)

Thanksgiving Costs Drop As Turkey Demand Declines

Consumers will reportedly pay 5% less than last year on Thanksgiving dinner items, according to the American Farm Bureau. However, the average cost is still around 19% higher than it was before the COVID-19 pandemic.

Read More Thanksgiving Costs Drop As Turkey Demand Declines
A "Now Hiring" sign is displayed in front of a store on January 13, 2022 in Arlington, Virginia. (Photo by OLIVIER DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)

Job Market Rebounds While Mortgage Rates Defy Fed Cuts – What’s Driving The Trends?

After a challenging October, we address whether this rebound signals renewed employer confidence, often dubbed the “Trump bump,” or if it’s too soon to make that call.

Read More Job Market Rebounds While Mortgage Rates Defy Fed Cuts – What’s Driving The Trends?
A "sold" sign is seen outside of a recently purchased home in Washington, U.S., July 7, 2022. REUTERS/Sarah Silbiger/File Photo

US existing home sales rebound in October

Existing home sales rebounded sharply in October as buyers rushed into the market to take advantage of a brief decline in mortgage rates.

Read More US existing home sales rebound in October
SPRINGFIELD, VA - AUGUST 14: The sign of a Target store is displayed August 14, 2003 in Springfield, VA. Target Corp. reported a 4 percent increase in second-quarter profits. (Photo by Alex Wong/Getty Images)

Target Reports Largest Earnings Miss In 2 Years

Target reported earnings Wednesday that came in well below Wall Street’s expectations, which the big retail chain blamed on slower than expected demand. 

Read More Target Reports Largest Earnings Miss In 2 Years
Eggs are seen at a grocery store in Washington, DC, on January 19, 2023. - The price of eggs has increased over the last year because of an avian flu outbreak that has impacted chicken farms across the country. (Photo by Stefani Reynolds / AFP) (Photo by STEFANI REYNOLDS/AFP via Getty Images)

What Will The Economy Look Like Under A Second Trump Administration?  

With Donald Trump set to return to the White House, many are wondering how he will fix the broken economy that Joe Biden left him. One America’s Nathaniel Mannor has our report.

Read More What Will The Economy Look Like Under A Second Trump Administration?  

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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