Lululemon Crashes After Another Brutal Guidance Cut; Jefferies Flags "Triple Whammy" Quarter

California Grocery Stores Use Facial Recognition Technology To Combat Theft Via American Greatness, Faced with a shoplifting epidemic that has battered California retailers for years, Grocery Outlet is fighting back with technology. Customers are not thrilled about it. The Emeryville-based discount grocery chain has begun installing facial recognition software called SAFR at a handful of Bay Area stores, including its Pleasant Hill “Bargain Market” location, CBS News San Francisco reported. Customers walking through the doors will find signs warning them the system is in use, a disclosure the company says is meant to keep...

Rabo On Regime-Change At The Fed: What Warsh Can (And Should) Do First The honeymoon period for Warsh is over. The FOMC could have given him the professional courtesy of allowing him to settle in, but in recent weeks several Committee participants have staked out their position. They want to drop the FOMC’s easing bias and instead take a more neutral stance. This means it will be more difficult for Warsh to convince the Committee of cutting rates anytime soon. Against that internal pressure, WSJ's Fed whisperer, Nick Timaraos reports that Warsh has tapped two...

10 Expenses You Need To Cut Now For The Upcoming Economic Depression Authored by John Walter via Substack,Editor's NoteEconomists say nobody can date a recession, which is true and also the least useful thing they tell us, since a household does not need a date so much as a margin. What people can date is their own tightening - the canceled service, the second car listed on a Saturday morning, the pantry that abruptly acquires a system and a rotation - and that tightening is already underway in ordinary kitchens...