Latest in Lower February Retail
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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 -
Clearing the Way for Bicyclists, for a Healthier Planet
Jill Warren heads the European Cyclists’ Federation, a Brussels-based nongovernmental organization that advocates cycling to help lower carbon emissions.The New York Times - Mar. 6 -
A new car costs nearly $50,000 on average: Here’s how much you'd pay per month
The cost of a new car could set you back $1,000 per month—here’s how to lower costs.CNBC - Mar. 8 -
Delta Says Economic Worries Are Hurting Travel Demand
The airline lowered its financial forecast for the first quarter as economic anxiety hurts demand for tickets.The New York Times - Mar. 10 -
Here’s your chance to become Jeff Bezos’s neighbor—at a $50 million discount
Bezos’s neighbor has lowered the price of a waterfront parcel on the exclusive Indian Creek Island near Miami Beach, Florida.MarketWatch - 5d -
Jim Cramer's top 10 things to watch in the stock market Thursday
U.S. stocks were looking at a lower open following Trump's tariff news but cooler inflation reading.CNBC - 4d -
We're adding to an industrial that eased worries about its AI data center business
We're making another buy on Thursday — taking advantage of weakness and lower stock prices in a deeply oversold market.CNBC - 4d -
Cohere targets global enterprises with new highly multilingual Command A model requiring only 2 GPUs
Command A from Cohere offers faster speeds, a larger context window, improved multilingual handling, and lower deployment costs.VentureBeat - 4d -
Trump’s Birthright Citizenship Order Reaches the Supreme Court
Trump administration lawyers asked the justices to limit the sweep of decisions by three lower courts that issued nationwide pauses on the policy.The New York Times - 4d -
Browns and Jack Conklin agree to re-work contract
Entering the season with no guarantees, Jack Conklin has agreed to lower his base salary for more financial securityYahoo Sports - 4d -
The risks of AI-generated code are real — here’s how enterprises can manage the risk
AI generated code is set to dominate application development. Here's what enterprises can do now to lower the risk.VentureBeat - 3d -
What might happen next after the S&P 500’s correction?
Also: Deeper looks at Microsoft, Tesla (and Musk) and ways to broaden your investment horizons and lower your risk.MarketWatch - 3d -
Received a low home equity loan appraisal? Take these steps now
Experts recommend taking certain steps after getting a lower-than-expected home equity loan appraisal.CBS News - 15h -
Tesla sales have ‘significantly underperformed’ in all key regions, analyst says
Mizuho lowers its price target by 16.5% to reflect all of the EV maker’s current woes.MarketWatch - 3h -
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 -
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 -
Asia-Pacific markets trade mixed despite tariff uncertainty and recession fears in the U.S.
Economists polled by Reuters expect India's inflation rate to slow to 3.98% in February from 5.68% in January.CNBC - 5d -
Why a gold investment makes sense (even with inflation dropping)
Inflation dropped in February, according to a new report. Here's why a gold investment could be worth it anyway.CBS News - 5d -
Bond rally fizzles despite cool CPI inflation reading. What that says about investors.
A fleeting reaction to a cooler-than-expected February inflation reading on Wednesday is a signal that investors are consumed by recession fears.MarketWatch - 5d -
Is the inflation drop good news for mortgage rates?
Inflation fell in February for the first time in five months, which could have an impact on mortgage rates.CBS News - 5d -
Musk’s cuts fail to stop US federal spending hitting new record
Government spending rose to $603bn in February despite hyperactive efficiency drive, data showsFinancial Times - 5d -
3/12: CBS Evening News Plus
What contributed to February's cooling inflation; Reporter's Notebook: How a fireside chat set a new standard for presidential leadershipCBS News - 5d -
Trump expected to attend Kennedy Center board meeting Monday
In February, Mr. Trump dissolved the Kennedy Center's board of directors and named himself chairman.CBS News - 1d -
Treasury yields fall as investors weigh the state of the U.S. economy
U.S. Treasury yields inched lower on Monday as investors await a busy week of key economic data, and consider the state of the U.S. economy.CNBC - Mar. 10