The 171-year-old jeans maker said sales of denim skirts, pantsuits and dresses are double last year’s rate.
Key Fed measure shows inflation rose 2.6% in May from a year ago, as expected
The core personal consumption expenditures price index was expected to increase 0.1% in May and 2.6% from a year ago.
Stocks making the biggest moves premarket: Nike, Trump Media & Technology, Infinera
These are the stocks posting the largest moves in premarket trading.
Apple’s Vision Pro starts deliveries at a higher price in China than in the U.S.
Apple’s mixed-reality headset began deliveries in China on Friday with a retail price 18% higher than in the U.S.
Chinese smartphone maker Honor says AI’s power is ‘worthless’ without data privacy
The transforming power of artificial intelligence is of no value unless user data is protected, says the CEO of Chinese smartphone company Honor, George Zhao.
IMF says Fed should hold interest rates where they are until ‘at least’ end of year
IMF managing director Kristalina Georgieva said Thursday that the Federal Reserve should hold off on rate cuts until ‘at least’ the second half of the year.
There’s a big Fed inflation reading coming Friday. Here’s what to expect
There could be some pretty good inflation news on the way from the Commerce Department when it releases a key economic report Friday.
Chewy stock jumps after trader Roaring Kitty posts picture of cartoon dog
Shares of the online pet food retailer popped on Thursday after meme stock leader Roaring Kitty posted a picture on social media platform X resembling its logo.
Stocks making the biggest moves midday: Walgreens Boots Alliance, Levi Strauss, International Paper and more
These are the stocks posting the largest moves in midday trading.
Retail traders came out in force to buy the recent dip in AI darling Nvidia
Main Street investors took Nvidia’s recent sell-off as a buying opportunity, snapping up shares of the dominant artificial intelligence chipmaker.