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Five Below Plunges After Earnings Beat, Warns Consumer Boost From Tax Refunds Is Ending
Five Below Plunges After Earnings Beat, Warns Consumer Boost From Tax Refunds Is Ending
Five Below's core customer base is tweens, teens, and value-conscious households. That makes management's warning on Wednesday's earnings call particularly notable: the retailer is directly exposed to trends in low-end discretionary spending.
"We're looking at the world that our customers are living in: with rising fuel costs, with very sticky inflation, with a somewhat—soft labor market. And we think a piece of that pain that they are feeling wasn't felt in the first quarter purely because...
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Feb 28, 2026 / Philip Giraldi
Wars and Rumors of Wars
So now the die is cast and the United States has joined Israel in an unprovoked attack on a non-threatening Iran to destroy its military capabilities and to bring about regime change. This is a major mis-step that could easily turn out very badly as it is a pointless war of choice that could easily […]
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Jul 22, 2026 / Tyler Durden
RFK Jr. Says Government Pausing More Than $1 Billion In Medicaid Payments To California, Minnesota
RFK Jr. Says Government Pausing More Than $1 Billion In Medicaid Payments To California, Minnesota
Authored by Zachary Stieber via The Epoch Times,
The federal government is pausing more than $1 billion in Medicaid payments to two states, Health Secretary Robert F. Kennedy Jr. said. The Centers for Medicare and Medicaid Services (CMS) is withholding more than $867 million from California and more than $200 million from Minnesota.
Advanced analytics, identified through financial investigation and artificial intelligence, identified suspicious activity and potential fraud, officials said.
“Every dollar the federal government allows to be lost...
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Jul 6, 2026 / Tyler Durden
Hormuz In The Rearview As Asia-US Ocean Container Rates Soar Past $7,900
Hormuz In The Rearview As Asia-US Ocean Container Rates Soar Past $7,900
By Stuart Chirls of AmericanShipper
The container shipping market is being driven by geopolitics, rates, and network reshuffling, but freight-rate volatility and adjustments by carriers to protect schedules and pricing has supplanted Middle East disruptions as top-level concerns.
Asia-U.S. West Coast prices increased 8% to $6,175 per forty foot equivalent unit (FEU), according to Freightos, a data contributor to SONAR ocean market data.
Prices for Asia-U.S. East Coast transportation also rose 8%, to $7,998 per FEU.
SONAR‘s Ocean Supply/Demand Index reflects the...
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