Stock market bulls looking to extend the rally in the upcoming week will face a major obstacle in the way of the Federal Reserve’s preferred inflation measure. The release of the Personal Consumption Expenditures (PCE) index for October on Thursday is expected to show that “core” PCE inflation, the Fed’s favored gauge, rose by 3.5% …
Dollar Tree’s declining profits have been partly attributed to theft, according to CEO Richard Dreiling and CFO Jeffrey Davis in a recent statement to Wall Street analysts. The company’s gross profit margin decreased from 32.7% to 29.8% in the last quarter, with much of the decline being attributed to “shrinkage,” which includes lost, stolen, or …
After incurring multiple fines for workplace safety violations in recent years, discount retailers Dollar Tree and Family Dollar have entered into an agreement with federal regulators to address the widespread hazards found within their stores. The Occupational Safety and Health Administration (OSHA) announced on Wednesday that the two chains will conduct a nationwide assessment to …