H&M on Tuesday warned of further prices cuts to shift unsold clothes after the Swedish fashion retailer reported a 61 percent dive in first-quarter profit that knocked its shares lower. The world’s second-largest clothes retailer […]
U.S. consumer confidence declined in March, falling below expectations and breaking a two-month streak of gains. The Conference Board’s measure of consumer attitudes on current and future economic conditions fell to 127.7, well below expectations […]
A computer model built by Goldman Sachs is signaling that a bear market is right around the corner, but some strategists at the investment bank are not listening to their own indicator. Goldman Sachs’ bull/bear […]
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