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Department stores facing an existential crisis: Retail expert
Euromonitor International Head of Retailing Michelle Grant on the state of the retail sector. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and…
Robert Ray: Impeachment is not in the country’s interest
Former Whitewater Independent Counsel Robert Ray and journalist John Solomon on the political feud between President Trump and House Speaker Nancy Pelosi, D-Calif., and the investigation into the origins of the Russia probe. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall…
Live: McAleenan talks ‘Protecting the Homeland’ before Congress
Happening now: Acting DHS Secretary Kevin McAleenan testifies during the Senate Homeland Security Committee’s hearing on “Resources Needed to Protect and Secure the Homeland.” FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital…
Need to Know: Trade tensions could last well into the 2020 U.S. election campaign, says Nomura
Grab some popcorn and settle in for what could be a long summer, autumn, and winter of trade tensions, says Nomura, in our call of the day. Press Release Distribution Service
Economic Report: U.S. jobless claims dip to 211,000, hover near half-century low
The number of people who applied for unemployment benefits in Mid-May fell slightly and returned close to a half-century low, signaling that a muscular U.S. jobs market is still going strong. Initial jobless claims dipped by 1,000 to 211,000. Press Release Distribution Service
Opinion: Hiring Juwan Howard as Michigan basketball coach is a major risk
Juwan Howard returns to Michigan basketball with no head coaching experience and no track record of recruiting, which is a major cause for concern. Press Release Distribution Service
NFL tweaks several television rules for 2019, including elimination of single-headers
NFL guarantees three games every Sunday afternoon in all markets, moves start times of divisional playoffs, cuts commercial breaks for Super Bowl. Press Release Distribution Service
Dollar stalls near one-month high after Fed minutes
The U.S. dollar held near a one-month high on Wednesday after minutes from the May Federal Open Market Committee meeting showed officials agreed that their current patient approach to setting monetary policy could remain in place “for some time.” Press Release Distribution Service
Britons choose staycations in new headache for tour operators: study
More Britons will opt for staycations this year over heading for trips abroad, a study by Barclays showed on Thursday, in a possible new blow for struggling tour operators. Press Release Distribution Service
Somalis escape to the beach and a new floating restaurant
Few restaurateurs consider the threat of piracy in their plans but Abdulkadir Mohamed did so for his La Lanterna floating restaurant now moored off Mogadishu’s popular Lido beach. Press Release Distribution Service