Why middle tier retailers are suffering as high and low price stores thrive
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Surging Hospital Prices Are Helping Keep Inflation High
Hospital prices last month notched their highest increase in 13 years. The hikes are a reason U.S. inflation remains elevated.The Wall Street Journal - Business -
Why Wayfair Is Opening Its First Brick-and-Mortar Store
The online furniture and home furnishings retailer will open a store in the Chicago suburbs on May 23. It's part of a plan to reach the many shoppers who still like to touch and test merchandise in person.Inc. - Business -
Walmart’s shares hit record high as retailer raises its earnings forecast
Company continues to benefit from consumers seeking the best deals amid persistent inflationFinancial Times - World -
Helicopter carrying Iran’s president crashes in mountains, official says – Middle East live
Ebrahim Raisi was travelling in Iran’s East Azerbaijan province as bad weather hampers rescue efforts. Read more of our Israel-Gaza war coverage hereHere is a video of the Israeli war cabinet minister, Benny Gantz, threatening to resign if ...The Guardian - World -
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Crockett on Greene clash, 'going high': Not sure we can call it a low — 'She goes to hell'
Rep. Jasmine Crockett (D-Texas) said Friday night she wasn't sure she could call Rep. Marjorie Taylor Greene's (R-Ga.) behavior in a clash between the two during a House Oversight hearing "a low," when responding to a CNN anchor's question on ...The Hill - Politics -
Latest shipping data reveals that mid-range retail is the new consumer price sweet spot
Retailers are converging on 'middle-price-point' items as the best way to reach consumers, a new CNBC Supply Chain Survey shows.CNBC - Business -
Mortgage rates fall to the lowest level in a month, but ‘home buyers are still feeling the pressure’ from high home prices
The 30-year mortgage rate is averaging at 7.02% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business -
U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies
U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.MarketWatch - Business -
DuPont stock hits new high after an analyst's upgrade — why we're not buyers here
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
More and more stocks are joining the market's rally to new highs. Here's why and when to buy
Wall Street's 19-session journey back to all-time highs has been swift but healthy.CNBC - Business -
NBA picks, odds, best bets for Nuggets vs. Timberwolves: Why Denver closes out series in high-scoring Game 6
Lean on Anthony Edwards getting his dimes on ThursdayCBS Sports - Sports - NBA -
College Softball Thrives in the Shadows. Has Its Moment in the Sun Arrived?
Softball is full of Caitlin Clark-like stars. Why aren’t they better known?The New York Times - Sports -
Armed robbers hit luxury jewelry store in Paris
French police are hunting for armed robbers who hit a jewelry store on one of Paris' poshest streets.CBS News - Top stories -
Senate GOP fears Trump setting bar too low for Biden
Senate Republicans say former President Trump is making a mistake in setting too-low expectations for President Biden at their initial debate next month as he argues his successor at the White House “can’t put two sentences together.” They say ...The Hill - Politics - Joe Biden -
England's Kane suffers injury scare on Euros' eve
England captain Harry Kane is struggling with a back injury less than a month out from the European Championship, with Bayern Munich manager Thomas Tuchel confirming he will miss the final game of the season.ESPN - Sports -
Higher education is failing — and our democracy is suffering
Educators must grapple anew with the question of how to teach democracy, so that students master both the theory and the hands-on practice of it.The Hill - Politics -
Search and rescue efforts underway as helicopter carrying Iran’s President Raisi suffers ‘crash landing’
A helicopter carrying Iranian President Ebrahim Raisi suffered a “crash landing” on Sunday, Iranian state television reported.NBC News - Top stories -
Wayfair to open its first large store, as physical locations make a comeback
What "retail apocalypse"? Wayfair and other digitally native companies are turning to physical stores for growth as e-commerce profits become more challenging.CNBC - Business -
Did colleges give away the store in deals with student protesters?
Colleges that used police force to end their recent on-campus student protests are facing criticism for their handling of the situation, but so are the small handful that cut deals to end the demonstrations. The few universities that successfully ...The Hill - Politics -
Middle East Crisis: Benny Gantz Threatens to Leave Israel’s Government
Gantz, a centrist member of Israel’s war cabinet, told the Israeli prime minister he had until June 8 to address how Gaza would be governed after the war, among other unanswered questions.The New York Times - World - Israel -
Wegovy is becoming too essential for its elite price
As the health benefits of anti-obesity medicines widen, pharma companies need to rethink what they chargeFinancial Times - Business -
3 moves to avoid as gold's price rises
Considering buying gold at today's high price? Then you'll want to avoid making these three moves.CBS News - Top stories -
China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
Chinese Retailer Temu Under Fire From European Consumer Groups
Temu, the discount retailing app owned by Chinese e-commerce giant PDD Holdings, is facing consumer complaints that its business practices violate a new online content law in Europe.The Wall Street Journal - Business - China -
Grant's Take: Retail Sales Don't Point to Rate Cut Just Yet
Walmart earnings give a different signal than what the latest Commerce Department data delivered.The Wall Street Journal - World -
Robinhood’s stock rockets as BofA sees retail renaissance in ‘early innings’
BofA double upgraded Robinhood shares while abandoning its bearish call on Coinbase’s stock.MarketWatch - Business -
‘Reverse Yankee’ deals boom as Europe’s low borrowing costs lure US groups
American companies issue €30bn in euro-denominated bonds as investor demand for European corporate debt growsFinancial Times - Business -
Rangers outlast Angels 3-2 in 13 innings when Lowe gets hit by pitch
Nathaniel Lowe was hit by a pitch from Carson Fulmer with the bases loaded in the 13th inning, forcing home the winning run as the Texas Rangers outlasted the Los Angeles Angels 3-2ABC News - Sports - MLB -
At low-scoring PGA, Morikawa, Schauffele sleep on lead that could vanish by their tee time Sunday
Collin Morikawa went to sleep with a share of the lead at the PGA ChampionshipABC News - Sports -
As Mount Sinai Beth Israel Hospital Faces Closure, Patient Care Suffers
Amid a standoff with the state over whether Beth Israel Hospital will close, severely ill patients keep arriving to a hospital that cannot always care for them.The New York Times - Top stories - Israel -
Dutch woman, 29, granted euthanasia approval on grounds of mental suffering
Zoraya ter Beek, who has chronic depression, anxiety, trauma and unspecified personality disorder, expected to end her life soon. Europe’s slowly shifting attitudes towards assisted dyingA 29-year-old Dutch woman who has been granted her request ...The Guardian - World - Netherlands -
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West Virginia candidate suffers snake bites removing campaign signs
An unsuccessful candidate for West Virginia secretary of state was hospitalized Wednesday after being bitten by a copperhead snake while removing campaign signs. Doug Skaff, who placed second in the GOP primary for secretary of state in Tuesday’s ...The Hill - Politics -
Helicopter carrying Iran's president suffers a 'hard landing,' state TV says
The incident happened near Jolfa, a city on the border with Azerbaijan.ABC News - Top stories -
Helicopter carrying Iranian president suffers "hard landing," state media reports
Iranian President Ebrahim Raisi was traveling in Iran's East Azerbaijan province when the helicopter was forced to land due to weather. A rescue is underway.CBS News - Top stories - Iran -
‘Chimney Doe,’ skeletal remains found in pipe of Wisconsin music store in 1989, finally identified
The skeletal remains of "Chimney Doe" were identified as Ronnie Joe Kirk nearly 35 years after he was found in a Madison, Wisconsin, music store pipe in 1989.NBC News - Top stories -
Walmart's sales continued to grow as American shoppers kept flocking to its stores for inexpensive everyday necessities.
Walmart’s sales continued to grow as American shoppers kept flocking to its stores for inexpensive everyday necessities.The Wall Street Journal - World -
Middle East Crisis: Israel Says It Will Send More Troops to Rafah, Defying International Pressure
“This operation will continue,” the defense minister said after meeting with commanders in the area.The New York Times - World - Israel -
The salary you need to be considered middle class in every U.S. state—it's close to $200,000 in 2 of them
In several states, a six-figure income qualifies as 'middle class,' per GoBankingRate's analysis. Here are the middle-class income ranges for every state.CNBC - Business