US Banks Now Hold 7x More Unrealized Losses Than 2008 Financial Crisis
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US banks now hold 7x more unrealized losses than during the 2008 financial crisis, according to fresh data from the FDIC.
A Famous Shoe Company Now Plans To Shutter 400 Stores
A famous shoe company now plans to shutter 400 stores by the year 2026 as it rebrands part of its business, sources confirm.
An Unexpected Furniture Store Is Now Closing 175 Locations
An unexpected furniture store is now closing 175 locations as it begins a new merger and to divest several of its operations.
A Massive Grocery Chain Is Now Bumping Its Wage
A massive grocery chain is now bumping its wage up to $19, a figure that has increased nearly 30% in the past five years.
BofA Now Predicts A Fed Rate Cut of 125 BPS For 2025
BofA now predicts a fed rate cut of 125 BPS for 2025 and another 75 BPS during the fourth quarter of this year.
