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Top Bisnow News
Bankruptcy · United StatesSaks Global said on Thursday it will wind down 62 of its off-price operations, including its Saks OFF 5th retail locations and remaining Neiman Marcus Last Call stores, to focus on luxury retail and full-price sales amid its bankruptcy proceedings.See the Story
Saks Global to Shutter Majority of Its Off-Price Retail Locations Amid Bankruptcy Proceedings
76% Center coverage: 21 sources
RalliesTOKYO (AP) — Asian shares were mixed Thursday as a wait-and-see attitude dominated in regional markets following the Federal Reserve’s decision to keep its key interest rate unchanged. That was expected, and Fed Chair Jerome Powell said interest rates look to be “in a good place” for now. Gold jumped another 4.6%, trading at $5,545 per ounce and silver was up 4.1%. The dollar weakened against the Japanese yen and oil prices rose. Gains for some …See the Story
Asian Shares Trade Mixed and Gold Jumps More than 4% After the Fed Keeps Rates Unchanged
47% Center coverage: 15 sources
