Falling

Shares of RH are falling after the company lowered its outlook for this year

Shares of RH are falling after the company lowered its outlook for this year

Jason Kempin | Getty Images Entertainment | Getty Images The high-end Croatian furniture chain cut its 2022 revenue outlook on Wednesday, expecting consumer demand for its products to continue to soften in the last half of the year. The company is now seeing annual sales decline between 2% and 5%, compared to earlier expectations that …

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The CEO of Bed Bath & Beiond is out due to falling sales

The CEO of Bed Bath & Beiond is out due to falling sales

The besieged company announced multiple changes in its management on Wednesday, including the removal of Triton. Bed Bath and Beyond, meanwhile, has appointed Sue Grove, an independent director on the company’s board, as its chief executive until he punishes someone permanently for the position. “We need to deliver improved results,” Grove said in a statement. …

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Global stocks are falling as consumer data raises concerns about the recession

Global stocks are falling as consumer data raises concerns about the recession

LONDON, June 29 (Reuters) – World stock markets slipped for the second day in a row on Wednesday, and bond yields fell amid growing fears that policymakers looking to cut inflation would plunge their economies into recession. A series of weak data releases in Europe and the United States did not prevent central bankers from …

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China's industrial profits are falling again in May, despite the easing of COVID restrictions

China’s industrial profits are falling again in May, despite the easing of COVID restrictions

BEIJING, June 27 (Reuters) – Chinese industrial companies’ profits fell at a slower pace in May after falling sharply in April as activities in major manufacturing centers continued, but COVID-19 restrictions continued to strain factory production and reduce factory margins. Profits fell 6.5 percent from a year earlier, down from 8.5 percent in April, according …

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Dan Jergin explains why oil prices are falling despite scarce supplies, tensions in Russia

Dan Jergin explains why oil prices are falling despite scarce supplies, tensions in Russia

Energy expert Dan Jergin said there were two reasons why oil prices had fallen in the past month despite a market that was still tight: the Fed and the Russian war in Ukraine. Oil prices have risen since last year, reaching a maximum after Russia launched an unprovoked war against Ukraine. But since the end …

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Oil prices are falling by more than 2%, prolonging losses

Senator John Thun talks about rising gas prices and the possible revival of the “Kudlow” law. Oil prices added losses from the previous session on Thursday, falling by more than 2% because investors are worried that an aggressive increase in US interest rates could cause a recession and reduce fuel demand. West Texas Intermediate (VTI) …

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Here's how to trick your way around falling KOTOR II on a switch that breaks games

Here’s how to trick your way around falling KOTOR II on a switch that breaks games

Screenshot: Aspir / Obsidian This week Aspir, the studio behind the port of Nintendo Switch Knights of Old Republic II: The Sith Lords, admitted the existence of a bug that caused the game to crash during the main mission, preventing at least some players from finishing the game. Aspir said today Akios that the mistake …

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Falling cryptocurrency forces miners to sell hundreds of graphics cards during live auctions – VideoCardz.com

Miners and internet cafes are selling their graphics processors due to the fall in cryptocurrencies As Bitcoin and Ethereum cryptocurrencies are rapidly losing value, miners are forced to sell graphics cards that have been amassed for profit. We talked about how internet cafes made money by buying a large number of graphics cards exclusively for …

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