US Earnings to Watch: Costco, Lululemon, Campbell Soup, Vail
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Holiday spending over the Thanksgiving break re-instilled some confidence in American consumers’ ability to support the economy, as shoppers took advantage of steep discounts offered by retailers to clear an inventory glut. Yet, the pressure to manage costs is likely to continue given an uncertain economic picture, with companies in tech and media to banks planning job cuts and a slowdown in hiring, driving November layoff announcements to a 417% year-over-year increase, even as Friday’s payroll
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