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Target warns of weak holiday season, CEO says consumers stressed

Por: Fox Business Business November 17, 2022

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MacroMavens President Stephanie Pomboy joins 'Mornings with Maria' to discuss the lack of movement in retail sales, the Federal Reserve's management of the economy, and the potential for a global recession. shares tumbled early Wednesday as the retail giant reported a 52% drop in third-quarter profit and issued a dismal forecast for holiday sales, warning that inflation is causing a dramatic shift in customer behavior. Consumers... + full article



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