Victoria’s Secret refers to Ukraine war and inflation as it offers dismal first-quarter outlook
Victoria's Secret appeared to reference Russia's attack on Ukraine as it issued a weak outlook for its first quarter.
Snowflake plunges almost 30% on slowing revenue growth
Snowflake shares plummeted in extended trading after the company's earnings report.
Best Buy shares pop as investors bet pandemic gains will outlast fourth-quarter supply chain, staffing hiccups
The retailer's fourth quarter saw low inventory on some popular holiday items and reduced store hours.
Gap shares rise after retailer issues strong earnings guidance, despite weak revenue outlook
Gap Inc. shares climbed after the apparel retailer offered an upbeat forecast for its profits in 2022, in spite of rising inflation and logistics challenges.
Sweetgreen stock soars after posting impressive sales growth in its first quarterly report since IPO
After a strong debut on the public markets in mid-November, the stock has struggled as investors question the company's lack of profitability.
Companies added 475,000 jobs in February, better than expected, ADP says
Companies added 475,000 positions for the month, better than the Dow Jones estimate for 400,000.
Fed Chair Powell notes ‘highly uncertain’ Ukraine impact, but says rate hikes are still coming
Fed Chairman Jerome Powell still sees rate hikes coming but noted that the Russia-Ukraine war has injected uncertainty into the outlook.
Weak mortgage demand could get a big boost as Ukraine crisis causes interest rates to drop sharply
Mortgage demand fell last week as rates rose, but that may all change this week as rates drop again, and sharply.
Jobless claims total 215,000, fewer than expected; productivity rises 6.6%
Initial claims for unemployment insurance totaled 215,000, the lowest total since the beginning of the year.