Goldman Sachs suggests that U.S. stocks may have reached their peak potential given the current macroeconomic environment. According to James Ashley, head of international market strategy at GSAM, while the U.S. economy has shown resilience amidst the Federal Reserve’s tightening monetary policy, there is a possibility of a recession in 2024. Ashley highlights that the […]
Dollar Tree has revealed plans to shut down almost 1,000 of its Family Dollar stores following disappointing performance throughout 2023, according to figures disclosed in a company press release. During the fourth quarter of 2023, Dollar Tree conducted a thorough review of its stores and determined that closure, relocation, or rebranding were the most viable […]
Financial insecurity among Americans has hit a ten-year peak, according to Northwestern Mutual’s 2024 Planning & Progress survey. One-third of American adults expressed feeling financially insecure, up from 27% in 2023, marking the highest level since 2012. Christian Mitchell, the company’s chief customer officer, attributes this trend to the persistent financial disruptions Americans have faced in […]
