Dollar Tree stock falls 20% after cutting forecasts
Shares of discount retailer Dollar Tree plunged more than 20% on Wednesday after the company missed quarterly expectations and sharply cut its full-year forecast, another sign that inflation-weary consumers are cutting back on spending. “Macroeconomic austerity policies are causing customers to spend more on (low-margin essentials) while reducing spending on discretionary items,” Dollar Tree CFO […]
Apple Cutting Jobs
The Pro Trump News home page features 60 new headlines every 24 hours, click here to see them. According to Bloomberg, Apple will cut about 100 jobs. The majority of the employees being laid off come from the team that runs the Apple Books app and the Apple Bookstore. The Verge reports: According to Bloomberg, […]
Drug maker cutting prices for obesity, diabetes drug
Click for more news from The Hill {beacon} health care health care Full text Court clears way for Florida to enforce ban on gender-affirming care for minors In Florida, a federal judge ruled this week that transgender minors cannot be prescribed puberty-suppressing drugs or other hormone treatments, even if their parents approve, while the […]
Stop & Shop to stop selling tobacco this week, joining large retailers in cutting off smokes
Stop & Shop is the latest grocer to stop selling tobacco amid growing criticism from retailers about the health risks and hassle of selling the products. Starting Saturday, customers will be unable to purchase tobacco products at 360 stores of the Quincy, Massachusetts-based supermarket chain, following the lead of other major retailers including Walmart, CVS […]
The Fed is finally about to start cutting rates — and here’s why you shouldn’t care
So it looks like the Fed will finally cut interest rates in September, but how far will they cut them? And is it too late or too soon? After decades of witnessing endless prophecy and fear about central banks and their next moves, I have come to a simple and clear conclusion: Who cares? Sound […]
U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates
(Photo by Brandon Bell/Getty Images) By James Myers, OAN StaffWednesday, August 14, 2024 8:18 AM U.S. inflation rose 2.9% year-on-year in July, below expectations, raising the possibility that the Federal Reserve will finally start cutting interest rates next month. advertisement The Bureau of Labor Statistics said the consumer price index rose 0.2% from the previous […]
US inflation hits 2.9% in July, paving way for Fed to start cutting rates
U.S. inflation rose 2.9% year-on-year last month, slightly weaker than expected, raising the possibility that the Federal Reserve will finally start cutting interest rates next month. According to the Bureau of Labor Statistics, the consumer price index rose 0.2% from the previous month in July, just below the 3% year-on-year increase that economists had expected, […]
Cutting screen time to 3 hours per week improves kids’ behavior, mental health
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Brute charged in attack on MTA workers freed after cutting deal — only to go on slashing spree
A psychopathic thug charged with attacking two MTA employees and a transit cop last year has been released after making a deal to receive psychiatric treatment, even though he also allegedly attacked four Rikers Island security guards while in custody. According to officials and sources, Christian Marrero, 21, not only neglected his psychiatric program, but […]
US colleges are cutting majors and slashing programs after years of putting it off
When Christina Westman began her studies at St. Cloud State University, she dreamed of working as a music therapist with people with Parkinson’s disease and stroke. But her academic career changed drastically in May when Minnesota university administrators announced plans to eliminate the music department and cut 42 degree programs and 50 minors. The move […]