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Thursday, January 10, 2019

Macy's shares sink after it trims holiday sales forecast, drags down peers

Macy's Inc cut its comparable sales forecast for the holiday quarter on Thursday while year-end sales growth at rival Kohl's Corp disappointed investors, signaling retailers' continued struggle to keep up with a shift toward online shopping.


from Reuters: Business News https://reut.rs/2AFVkZv

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IMF warns Trump's plans could backfire on the US

Trump's policies could benefit the US, but not the rest of the world, the IMF says from BBC News https://ift.tt/PbD8yOI