A Federal Reserve tracker of economic growth is pointing to an increased chance that the U.S. economy has entered a recession.
Kohl’s takes down the ‘for sale’ sign
Kohl’s is no longer for sale. The department store announced Friday that it has ended its strategic review process and will no longer consider selling itself to Franchise Group (FRG), a holding company that owns The Vitamin Shoppe and other retail brands.
Meta cuts hiring plans as it prepares for ‘serious times’
In a weekly employee Q&A session, Meta CEO Mark Zuckerberg reportedly said the company is experiencing “one of the worst downturns [it has seen] in recent history.”