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Which Joann stores are closing in Oregon, southwest Washington?
Joann, the crafting and fabrics retailer, has announced plans to close approximately 500 of its 800 U.S. stores following a second Chapter 11 bankruptcy filing. This includes closures in Oregon and southwest Washington. Oregon Store Closures: The following Joann locations in Oregon are slated for closure: These closures are part of Joann’s strategy to “right-size”…
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Obsidian Confirms Avowed Early Access Global Release Times
Obsidian Entertainment has announced that Avowed, their upcoming action role-playing game set in the Pillars of Eternity universe, will enter early access on February 13, 2025, at 1:00 PM EST (10:00 AM PST). This early access period is available to players who purchase the Premium Edition or the Premium Upgrade Add-On, which is priced at…
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Two senior Ice officials reassigned over slow rate of deportations and arrests
In response to the Trump administration’s dissatisfaction with the pace of immigration arrests and deportations, two senior officials at U.S. Immigration and Customs Enforcement (ICE) have been reassigned. Russell Hott has been moved to the Washington, D.C., field office, while Peter Berg will return to the St. Paul, Minnesota, office. Todd Lyons, formerly of the…
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robinhood-up-earnings-inflows-vlad-tenev-fidelity-2025
In the fourth quarter of 2024, Robinhood reported a 115% increase in revenue, reaching $1.01 billion, surpassing analysts’ expectations. The platform also saw $1.3 billion in net transfers, signaling a significant increase in serious investors. CEO Vlad Tenev emphasized that Robinhood is evolving into a space for serious investment, competing with firms like Fidelity. This…
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Investors, Fed Officials Will Scrutinize Producer Price Index for Inflation Progress
Investors and Federal Reserve officials are closely watching the Producer Price Index (PPI) for January, which is due for release on February 13, 2025. The PPI measures the average change in selling prices received by domestic producers for their output, offering insights into inflation at the wholesale level. This data is especially important as it…
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Consumer prices rise 0.5% in January, higher than expected as annual rate rises to 3% In January 2025, the U.S. Consumer Price Index (CPI) increased by 0.5%, surpassing economists’ expectations of a 0.3% rise. This monthly uptick brought the annual inflation rate to 3%, the highest since May 2024. Key Contributors to the Inflation Increase:…
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William Smith
Writer & Journalist