Latest in February Retail Sales
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Kevin Durant trade rumors: Suns want three first-round picks, young player in return, per report
Durant was reportedly upset that the Suns included him in trade talks in FebruaryCBS Sports - Mar. 10 -
Celtics-Lakers draws 4.6M viewers, largest NBA audience for non-Christmas regular-season game in seven years
The previous high for a non-Christmas Day game was Celtics-Cavaliers in February 2018.Yahoo Sports - 6d -
Mercury to retire Diana Taurasi's No. 3 jersey, induct her into Ring of Honor during 2026 WNBA season
Taurasi, the WNBA's all-time leading scorer, announced her retirement in FebruaryCBS Sports - 4d -
Why this week's positive inflation reports won't look as good to the Fed
On the surface, February's inflation data released this week brought some encouraging news.CNBC - 4d -
Inflation and tariffs might scare shoppers. Have they scared CEOs?
Executives are talking a lot about tariffs, but little about a recession. Adobe, Oracle and more retailers report during the week.MarketWatch - Mar. 9 -
What will Trump mean for personal wealth?
Pension funds, retail investors and money managers are worrying about the future of American capital marketsFinancial Times - Mar. 10 -
Why Kohl’s worst stock drop on record may have been excessive
New Kohl’s CEO Ashley Buchanan has a “meaningful” opportunity to drive improvements at the retailer, says analyst firm Jefferies.MarketWatch - 5d -
Chinese authorities summon Walmart executives over Trump’s tariffs
Move comes after reports that retailer asked its suppliers to cut prices in response to US leviesFinancial Times - 5d -
Trump’s tariff fight may be making this early recession signal go haywire
Bonds issued by retailers with “junk” credit ratings have been hit by selling as consumer confidence falls, but the selloff isn’t widespreadMarketWatch - 5d -
Poland charges Belarusian with sabotage on behalf of Russia
Prosecutors accuse suspect of trying to burn down a large retail store in Warsaw last yearFinancial Times - 5d -
The drugstore industry is struggling. Here’s what could be in its future.
Nearly a third of the U.S. retail pharmacies that were open from 2010 to 2020 had shuttered by 2021, study finds.MarketWatch - 4d -
‘Zero conversations’ about London IPO valuation, says Shein boss
Donald Tang says management of fast-fashion retailer has yet to discuss price tag ahead of long-planned flotationFinancial Times - 4d -
The S&P 500 correction shows why risk tolerance matters. These strategies can get investors back on track.
The sudden nature of the stock market’s reversal may have made the drawdown feel even worse, especially for retail investors.MarketWatch - 2d -
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
Airline and retail executives are bracing for a slowdown in demand amid concerns tariffs will cut down consumer spending.CNBC - 2d -
Mar 17: CBS News 24/7, 4pm ET
Major retailers warn Americans are pulling back on spending; Severe weather hits the SouthCBS News - 5h -
UK foreign secretary vows to unlock £2.3bn of frozen funds from Chelsea sale
Proceeds of deal by Roman Abramovich have been sitting in a fund for more than two yearsFinancial Times - Mar. 9 -
Trump says US in talks with four groups over TikTok sale: ‘It’s up to me’
President suspended implementation of law ordering app to divest from its Chinese owner ByteDance or face US ban. Donald Trump said on Sunday the United States was in talks with four groups ...The Guardian - Mar. 10 -
Puma’s stock dives to near 9-year low as ‘trade disputes’ hit sales of sports apparel
Shares of Puma tumbled to a near nine-year low on Wednesday after the German sportswear group warned that geopolitical tensions and trade uncertainty would contribute to another year of weak growth.MarketWatch - 5d -
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Crystal Palace counter Manchester City interest in midfielder as club’s stance on summer sale revealed
Crystal Palace are under no pressure to sell Manchester City target Adam Wharton in the summer, as per a new report.Wharton has been linked with a summer switch to the Etihad Stadium, with the ...Yahoo Sports - 3d -
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The Boy And The Heron Steelbook: Studio Ghibli's Only 4K Blu-Ray On Sale For Best-Ever Price
The Boy and the Heron 4K Blu-ray Steelbook Edition $25 (was ...GameSpot - 3d -
Apple now faces a problem far bigger than tariffs or weak iPhone sales
A prominent Apple blogger says the company “squandered” its credibility by advertising Siri features as an iPhone 16 selling point — when they were nowhere near ready to use.MarketWatch - 1d -
Walgreens to Be Acquired by Sycamore Partners in $10 Billion Deal
Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.The New York Times - Mar. 7 -
‘You want to become billionaires? List on NSE,’ says Ashish Chauhan, CEO of India’s National Stock Exchange
NSE's Chauhan says that retail and foreign institutional investors will look toward Indian stocks now that valuations are "back to near their 10-year average."CNBC - 5d -
Dollar General says some customers can no longer afford staples
Dollar General's core customer base of low-income Americans are still getting hit by inflation, with retailer seeing little improvement ahead.CBS News - 4d -
Wine Businesses Fear Disaster in Threat of Huge Tariffs
President Trump’s threat to impose 200 percent fees on European wines could harm importers, distributors, retailers and restaurants without necessarily helping U.S. producers.The New York Times - 3d -
Forever 21 Operator Files for Bankruptcy
The company, which helped popularize fast fashion in the United States, has struggled to compete with online retailers. It is the company’s second bankruptcy filing in six years.The New York Times - 22h -
Forever 21 set to shut down its U.S. operations as it files for bankruptcy
Forever 21, once a leader in youth fashion retail, is set to permanently close all its U.S. stores as it files for bankruptcy for a second time.NBC News - 15h -
What’s Driving Tesla’s Woes?
As Tesla faces a global sales slump, and with shares down for the seventh consecutive week, could Elon Musk's antics really be to blame?Wired - Mar. 8 -
Rays owner reportedly being ‘pressured’ to sell team by MLB commissioner Rob Manfred, other team owners
A sale is not imminent, but there are apparently several people in the league trying to convince Stu Sternberg to sell the Rays.Yahoo Sports - Mar. 10 -
Jim Cramer explains what Apple investors should do with the sinking stock
Shares dropped over 5% after Wall Street analysts revised down iPhone sales estimates.CNBC - Mar. 10 -
Trump says he will buy a Tesla vehicle after stock slump
The US president blames "radical left lunatics" but analysts point to Tesla sales slump.BBC News - 6d -
Donatella Versace steps down as creative director of namesake fashion house
Italian designer hands over to Dario Vitale after nearly 30 years as group nears saleFinancial Times - 4d -
US enforcement unit ended by Trump wins right to auction Russian yacht
Sale of the $300mn Amadea is expected to move forward but cases that were not charged yet are likely to be abandonedFinancial Times - 1d -
Trump's World Liberty Financial crypto project says it sold $550 million in tokens
World Liberty Financial said it completed its second token sale, bringing in $550 million.CNBC - 5h -
Despite Rising Inflation, Restaurants Are Having a Big Winter
January and February are usually the doldrums for dining, but Americans have been eating out, and spending, with gusto.The New York Times - Mar. 8 -
Tribes and Students Sue Trump Administration Over Firings at Native Schools
More than one quarter of the staff members at the only two federally run colleges for Native students were cut in February.The New York Times - Mar. 9 -
Democrats ask judge to block Trump order giving him more control over FEC
In February, Mr. Trump signed an executive order to curtail the authority of independent regulatory agencies.CBS News - 6d -
A big inflation report is on the way Wednesday. Here's what to expect
The consumer price index for February is forecast to show an increase of 0.3% for goods and services across the largest economy in the world.CNBC - 6d