Treasury Secretary Yellen says U.S. debt load is in ‘reasonable place’ if it remains at this level

U.S. Treasury Secretary Janet Yellen testifies before a Senate Appropriations Financial Services and General Government Subcommittee hearing on President Biden’s proposed budget request for the Department of Treasury, on Capitol Hill in Washington, U.S., June 4, 2024. Anna Rose Layden | ReutersTreasury Secretary Janet Yellen on Thursday said the swelling...

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Inside Abercrombie and Fitch’s comeback

Abercrombie & Fitch has transformed itself from a dying mall brand into a Wall Street darling after spending years revamping its product assortment, overhauling its supply chain and rebranding as an inclusive retailer. Shares of the apparel company have surged over the last year as it posted quarter after quarter...

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TSLA, AVGO, PLAY and more

Check out the companies making headlines in premarket trading. Tesla — Shares jumped 7% after CEO Elon Musk said his $56 billion pay package and a resolution to move the company's incorporation to Texas were both set to pass a shareholder vote. The former garnered criticism heading into the...

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