Neiman Marcus Group said on Friday it expected to emerge from Chapter 11 bankruptcy by the end of this month under a restructuring plan that is likely to eliminate more than $4 billion of its debt.
"There ought to be a cautionary note on this report, because this report portends, I think, some tough and difficult days ahead," said Marc Morial, National Urban League CEO.
Interest rates are likely to stay low for years as the economy fights its way back from the coronavirus pandemic, Federal Reserve Chairman Jerome Powell said in remarks published Friday afternoon.
Liberty University has hired a firm to investigate “all facets” of former president Jerry Falwell Jr.’s tenure, including the school’s financial and real estate operations.
Biden's remarks came a day after The Atlantic reported that Trump declined to visit an American cemetery near Paris in 2018 and referred to U.S. Marines buried there as "losers" and "suckers."
We have a long way to go before we are fully recovered, but I will say this employment report was a very positive one," Boston Fed President Eric Rosengren told CNBC's Steve Liesman during an interview on "The Exchange."
Israel and Kosovo have agreed to establish diplomatic ties and Kosovo, along with Serbia, will open embassies in Jerusalem, Israeli Prime Minister Benjamin Netanyahu said on Friday.
John Bolton said that Trump's failure to think strategically worsened the impact of the coronavirus, and he fears what would happen if Trump beats Joe Biden for a second term.