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Macys slashes profit forecast, says tariffs dampen outlook

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Macys slashes profit forecast, says tariffs dampen outlook

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(NEW YORK) -- Macy's slashed its full-year profit forecast on Wednesday, attributing the downbeat expectations in part to tariffs imposed by President Donald Trump.The New York-based retail chain is the latest major company to warn of ill effects from the levies, including Target, Walmart... Read More.

Lea Michele returning to Broadway in Chess revival

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Lea Michele is headed back to Broadway.Following her run in Funny Girl, which ended in 2023, the actress will be starring in the revival of Chess alongside Aaron Tveit and Nicholas Christopher.The musical will feature a new book by Emmy winner Danny Strong, with music and lyrics by ABBA’s Benny Andersson and Björn Ulvaeus and EGOT... Read More.

What is a stablecoin and what could it mean for your finances?

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(NEW YORK) -- The GENIUS Act, a cryptocurrency regulation bill making its way through the Senate, has thrust a little-known type of digital asset into the spotlight.The industry-backed measure establishes rules targeting stablecoins, a form of cryptocurrency pegged to the value of another asset,... Read More.