Amid Inflation, Retailers Brace for Strapped Holiday Shoppers

Amid Inflation, Retailers Brace for Strapped Holiday Shoppers

Retailers have navigated pandemic closures and supply chain snarls in recent years. But dealing with the fallout from inflation could be an even tougher test.
JPMorgan, Citigroup and Other Big Banks See Profits Drop

JPMorgan, Citigroup and Other Big Banks See Profits Drop

Lenders foresee economic “headwinds,” but household spending is mostly holding up, buffering profits from turmoil in financial markets.