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U.S. Stocks Hit Unprecedented Peaks Amid Growing Speculation of Federal Rate Cuts - EconoTimes
EconoTimes· 2 hours agoStocks in the United States reached new highs. On Friday, Wall Street's hopes that interest rates may soon become more lenient were strengthened following the release of a highly awaited report ...
Stock market today: Wall Street's scorching rally sets more records as hopes rise for rate cuts
Los Angeles Times· 2 hours agoU.S. stocks rose to more records Friday after a highly anticipated report on the job market bolstered Wall Street’s hopes that interest rates may soon get easier. The S&P 500 climbed 0.5% to ...
Saks, Neiman Marcus merger is a luxury-tech fusion with Amazon, Salesforce
Axios· 3 hours agoThe world of luxury retail is consolidating fast. The announced $2.65 billion acquisition of Neiman...
Saks Fifth Avenue is buying Neiman Marcus with Amazon’s help
CNN Business via Yahoo Finance Canada· 4 hours agoSaks Fifth Avenue and Neiman Marcus are merging to create a luxury department store empire. And...
HBC should apply learnings from new Saks Global company to the Bay: experts
Richmond News· 5 hours agoWhen Liza Amlani visited Hudson's Bay Co.'s flagship Toronto store last week, she was quickly taken...
Tech meets luxury in Saks-Neiman deal
Axios· 8 hours agoWhy it matters: The merger is sure to invite regulatory scrutiny — take Capri-Tapestry's FTC block. Zoom in: The combined companies, which will be dubbed...
Biden's first post-debate interview could ultimately decide his fate
INSIDER via Yahoo Canada News· 9 hours agoBut it's unclear if — and how — she'll be able to make her 15 minutes last. Saks Fifth Avenue is...
Hudson's Bay To Buy Neiman Marcus For $2.65 Billion
Baystreet via Yahoo Finance Canada· 10 hours agoBoth companies are privately held and their stock does not trade on a public exchange. The acquisition will result in a new company called “Saks Global” that will include ...
Amazon takes a new brick-and-mortar approach with a stake in Neiman Marcus
Engadget via Yahoo Canada News· 11 hours agoNow, it's trying something new. The online retailer has purchased a small stake in retailer Neiman...
Saks’ Online CEO Says Amazon to Help ‘Future-Proof’ Neiman Deal
The Business of Fashion· 11 hours agoAmerica’s two largest luxury department-store chains are combining — and they’ll rely in part on the...