Squishmallows are creating a tougher bar to clear for Five Below
Shares of Five Below Inc. slid after hours on Wednesday after the teen-centric discount retailer cut its full-year sales forecast,
People who got Norfolk Southern relief money after Ohio train derailment won’t be taxed on it, IRS says
The people receiving money to relocate, repair homes and pay medical bills after the February 2023 train derailment in East Palestine do not have to...
Boeing CEO expected to appear before Senate panel over safety concerns
David Calhoun is expected to face questions about Boeing’s safety culture and quality
Lululemon shares jump on boosts to stock buyback, profit forecast
Shares of Lululemon Athletica jumped after hours Wednesday, after the yoga-wear maker and athleisure giant announced a $1 billion increase to its stock-buyback program and...
Trump’s policies in a second term would be ‘substantially inflationary,’ Larry Summers says
Prominent Democratic economist Larry Summers has been warning about the effects a second Trump term in the White House could have on the cost of...
Victoria’s Secret says it’s ‘encouraged’ by May sales, but is staying cautious amid subdued spending
Victoria’s Secret & Co. on Wednesday said it was “encouraged” by demand for its bras, sleepwear and other clothing in May, but the company said...
New Coinbase Smart Contract Wallet eliminates gas fees and recovery phrases
Coinbase has launched a Smart Contract Wallet with simpler onboarding and no gas fees. The smart contract wallet supports Ethereum, BNB, Polygon, and others for...
House Republicans are attacking the IRS. Here’s how they want to cut $2 billion in funding.
House Republicans are making a fresh effort to cut the budget of the Internal Revenue Service, with a key committee proposing a bill that would...
Some Berkshire Hathaway investors tried buying the dip during Monday’s glitch — but ended up with shares at full price instead
Many investors likely tried to buy what appeared to be a more than 99% dip in Berkshire Hathaway Inc. Class A shares during Monday’s New...