Headline News. Just a few things happening yesterday and today.
Good morning. It’s National Donut Day, so the brain power you’d typically reserve for deciding on breakfast can go instead toward debating which kind of donut is better: cakey or airy. Don’t hesitate to argue with a stranger while in line at Dunkin’ or Krispy Kreme, which are among the chains handing out free donuts to celebrate the holey day.
Get ready for more discounts at Target. The retailer warned that its sales and profits would be lower than anticipated this year due to slowing consumer demand. As a result, it’s planning to ramp up promotions on spring merch to clear out its bloated inventory (floral printed throw pillows for everyone!). But shoppers aren’t just avoiding Target: Costco and Dollar General have also said Americans are pulling back on spending. These reports are not a great sign for the economy…
Billy Joel will end his historic run at MSG. The Piano Man said he’ll close out his marathon residency at Madison Square Garden in July 2024. But what a run it’s been: Joel has performed monthly at MSG since January 2014, and by the time he drops the mic next year, he’ll have logged 150 concerts at the famous venue. No wonder his name is up in the Garden’s rafters alongside Mark Messier and Patrick Ewing.