Kohl’s Q2 Financial Results Amid Broader Retail Challenges

Kohl’s Corp, a prominent department store chain, posted its Q2 results, indicating a decline in both profits and sales. Yet, these figures still managed to surpass Wall Street’s projections. This has come during a time when the retail sector at large grapples with a delicate economic landscape marked by cautious consumer spending, propelled by high […]

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IMF Raises Global Growth Forecast but Cautions on Downside Risks and Inflation

The International Monetary Fund (IMF) recently revised its global growth outlook, exhibiting more optimism than economists had predicted earlier. However, the organization also cautioned about potential difficulties and the persistent risk of inflation. Revised Projections and Underlying Factors The IMF now expects the global economy to grow by 3% in both 2023 and 2024, a […]

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