Big Lots’ stock slides 19% after retailer posts bigger-than-expected loss


Consumers are still under pressure from inflation and higher prices — and are avoiding big-ticket items, says Big Lots.

You May Also Like

Morgan Stanley reportedly planning four-part bond deal a day after blowout earnings

Morgan Stanley is planning to tap the investment-grade bond market later Wednesday…

Israel’s West Bank settlement policies violate international law, says UN court

Israel’s 57-year-old occupation of East Jerusalem and the West Bank has led…

On earnings calls, executives are trying to figure out Trump’s tariffs

McDonald’s and Coinbase report this week amid fast-food struggles and promises of…

Apple escaped tariffs last time. This time, it may have to raise prices.

Apple was one of the luckier consumer-electronics companies when it got exemptions…