Abercrombie & Fitch shares fall 29% after retailer posts loss, offers weak outlook
Abercrombie & Fitch slashed its sales outlook for fiscal 2022, anticipating that economic headwinds will remain at least through the end of the year.
Abercrombie & Fitch slashed its sales outlook for fiscal 2022, anticipating that economic headwinds will remain at least through the end of the year.
CEO Erik Nordstrom said the company has been able to capitalize on demand from people who are shopping for "long-awaited occasions."
Rumors of the homebuilding industry's weaknesses have been greatly exaggerated. The current battered condition of these stocks is actually an opportunity.
A group of over 150 millionaires are calling on the elite attendees of this year's World Economic Forum in Davos, to tax them more.
J.P. Morgan Private Bank announced its 23rd annual summer reading list, which has become the seasonal "it list" of literary status symbols.
If you're still waiting for a tax refund, you may receive 5% interest starting July 1, 2022, according to the IRS. Here's what else to...
Cities' longstanding and dominant business advantages have waned in the pandemic but not disappeared amid wide adoption of remote work.
U.S. stock indexes were weighed down by growing investor concerns about the outlook for economic growth.
Investors are rushing to companies promising regular payouts to shareholders, a sign of Wall Street’s hunger for cash in hand as the Federal Reserve raises...