The American dollar store falls on hard times

A Family Dollar Stores Inc. store in Hyattsville, Maryland, US, on Wednesday, March 13, 2024. Dollar Tree Inc. expects to close about 600 Family Dollar stores in the first half of fiscal 2024 and shut down an additional 370 Family Dollar and 30 Dollar Tree locations as their leases expire. Bloomberg | Bloomberg | Getty … Read more

Earnings from Adobe and dollar stores

CNBC’s Jim Cramer on Friday guided investors through next week’s most important happenings on Wall Street, highlighting Adobe‘s earnings report, as well as ones from Dollar General and Dollar Tree. He also said it’s important to keep an eye on new data scheduled to be released next week that helps measure inflation. “You need to … Read more

Jim Cramer says new leaders will catch Wall Street’s eye in January

CNBC’s Jim Cramer on Thursday predicted the market will continue to broaden through January, suggesting the “Magnificent Seven” tech stocks may take a back seat on Wall Street. He said he’s had “an explosion of positive ideas from every nook and cranny of the market” since the new year started. According to Cramer, the market … Read more