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Macy's raises annual forecasts as luxury focus draws affluent shoppers

Macy's raises annual forecasts as luxury focus draws affluent shoppers

June 3 (Reuters) - Macy's raised its annual forecasts and posted its first quarterly sales growth in nearly four years on Wednesday, driven by strong demand for high-end apparel and accessories, particularly at its Bloomingdale's stores.

Trump taps housing regulator Pulte to be acting director of national intelligence

Trump taps housing regulator Pulte to be acting director of national intelligence

Democrats are criticizing President Donald Trump's selection of federal housing finance Director Bill Pulte to be acting director of national intelligence, saying Pulte lacks necessary national security experience

Rubio is optimistic on eventual Iran nuclear talks despite congressional skepticism

Rubio is optimistic on eventual Iran nuclear talks despite congressional skepticism

Secretary of State Marco Rubio says he's optimistic about the potential for a resumption in nuclear talks with Iran despite a shaky ceasefire in the war that's looking increasingly in doubt

The Latest: Rubio says he sees indications that Iran’s new supreme leader is ‘engaged’ with US talks

The Latest: Rubio says he sees indications that Iran’s new supreme leader is ‘engaged’ with US talks

Secretary of State Marco Rubio is facing questions about the Trump administration’s fragile or stalling diplomatic efforts around the world in back-to-back hearings on Capitol Hill for the first time since the Iran war began

The Latest: Rubio testifies in back-to-back Capitol Hill hearings

The Latest: Rubio testifies in back-to-back Capitol Hill hearings

Secretary of State Marco Rubio will face more questions about the Trump administration’s fragile or stalling diplomatic efforts around the world in back-to-back hearings on Capitol Hill for the first time since the Iran war began

Dollar General raises annual profit forecast on resilient demand for discount goods

Dollar General raises annual profit forecast on resilient demand for discount goods

June 2 (Reuters) - Dollar General raised its annual profit forecast on Tuesday, mirroring rival Dollar Tree, as the discount retailers bank on shoppers seeking affordable essentials amid economic uncertainty.

Rubio to testify before Congress for the first time since the start of the Iran war

Rubio to testify before Congress for the first time since the start of the Iran war

Secretary of State Marco Rubio is set to face a litany of questions about the Trump administration’s fragile and stalling diplomatic efforts around the world when he appears for back-to-back hearings on Capitol Hill for the first time since the Iran war began

Pride Month 2026 has begun. Here's what to expect for the LGBTQ+ celebrations

Pride Month 2026 has begun. Here's what to expect for the LGBTQ+ celebrations

Pride month has begun in the U.S. and around the world

Victoria's Secret shares surge as retailer lifts annual forecasts on strong sales

Victoria's Secret shares surge as retailer lifts annual forecasts on strong sales

June 2 (Reuters) - Victoria's Secret shares jumped 34% in premarket trading on Tuesday, as the lingerie retailer raised its annual sales and profit forecasts after posting double-digit quarterly revenue growth across its brands, including PINK.

US still talking with countries to resettle Afghans as Rubio defends entry to white South Africans

US still talking with countries to resettle Afghans as Rubio defends entry to white South Africans

Secretary of State Marco Rubio says the U.S. is still in discussions with several countries to resettle more than 1,000 Afghans who assisted America’s war effort

Applied Aerospace & Defense raises $650 million in US IPO, Bloomberg News reports

Applied Aerospace & Defense raises $650 million in US IPO, Bloomberg News reports

June 2 (Reuters) - Private equity-backed government contractor Applied Aerospace & Defense has raised $650 million in its U.S. initial public ‌offering after pricing shares at $20 each, Bloomberg News reported on Tuesday, citing a person familiar with the matter.

Micron’s trillion-dollar rally points to a bigger AI problem

Micron’s trillion-dollar rally points to a bigger AI problem

Micron Technology (MU) is having the kind of rally that can shift the perception of an entire industry on Wall Street. The memory-chip maker briefly topped the $1 trillion market value threshold for the first time on May 26, on the back of soaring demand for chips that power artificial intelligence ...