Big Lots files for bankruptcy as part of deal to be acquired by Nexus Capital Management
The discount retailer has secured commitments for $707.5 million of financing as it works through a court-supervised auction process.
The discount retailer has secured commitments for $707.5 million of financing as it works through a court-supervised auction process.
Oil futures rose Monday, bouncing after last week’s rout, as investors tracked a storm that’s seen potentially strengthening into a hurricane and threatening the U.S. Gulf Coast later this week.
Former European Central Bank President Draghi on Monday laid out his vision for Europe to bolster what he called a “stuck” economy. But he immediately backtracked on the need for a joint instrument to fund eurozone growth.
Fair valuation should see the S&P 500 between 5,000 to 5,400, says Morgan Stanley’s Wilson
“My will and trust will exclude everyone that carries my family name.”
“I won’t have a problem getting a mortgage or being able to refinance.”
“His will states that his estate is to be divided equally among his five children.”
Barclays analysts downgraded Adidas, Burberry and Gucci owner Kering following a two-and-half week trip to China in which they grew more cautious on the world’s number-two economy.
Europe is heading into a recession as the U.S. consumer buckles, a strategist warned, advising investors to shift into defensive stocks.
Wednesday’s consumer-price index for August may end up being the deciding factor as to whether the Federal Reserve will deliver a bigger-than-usual, 50-basis-point rate cut on Sept. 18.
Borrowers allege in a lawsuit against MOHELA that in some cases they’ve been waiting years for the debt relief they were promised
This week, we’ll get quarterly results from the company that U.S. antitrust regulators have tried to make into a symbol for two years of consumers’ inflation anguish — supermarket chain Kroger Co.
Investors fear, but don’t know for sure, if a long-awaited Federal Reserve rate cut has been left too long.
Apple faces competing dynamics as it gears up to reveal the pricing of the new iPhone 16 models.
Friday’s jobs report showed a cooling labor market. But hiding in the data was one record-breaking stat about women in the workforce.
Institutional capital is looking to “get off the sidelines and get back in,” said Soultana Reigle, head of U.S. equity at PGIM Real Estate.
Lingering inflation was the chief threat to the U.S. economy just a few months ago. Now it’s a rapidly cooling jobs market.
“I couldn’t get a cashier’s check at the dealer yesterday as I had my four kids with me.”
“Where should I invest my money, assuming that I won’t be able to buy a home for several years?”
U.S. stocks sold off sharply Friday after the latest jobs report renewed worries over a softening labor market, in a tumultuous start to September.