H&M shares tumble 8% after weaker sales and surprise CEO exit

People passing a large scale sign for the high street clothes and clothing brand H&M outside their flagship store on the corner of Oxford Street and Regent Street. on 30th March 2023 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Shares of Swedish retailer H&M were down 8% at 09:05 a.m. … Read more

U.S. is weaker now than when we downgraded in 2011

Washington, D.C. – March 17, 2023: President Joe Biden and House Speaker Kevin McCarthy speak outside the Annual Friends of Ireland Luncheon at the U.S. Capitol. Drew Angerer | Getty Images News | Getty Images The U.S. is in a weaker position now than when S&P downgraded its sovereign credit rating in 2011, according to … Read more