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Kohl’s Receives $9 Billion Offer Backed by Activist Investor

The offer comes as the retailer, like other brick-and-mortar stores, struggles with supply chain problems and competition from online sites.

Rapid Inflation Fuels Debate Over What’s to Blame: Pandemic or Policy

The White House is emphasizing that inflation is worldwide. Economists say that’s true — but stimulus-spurred consumer buying is also to blame.

Rapid Inflation Fuels Debate Over What’s to Blame: Pandemic or Policy

The White House is emphasizing that inflation is worldwide. Economists say that’s true — but stimulus-spurred consumer buying is also to blame.