Back to school time is the second busiest shopping period of the year and is projected to be flat compared to a year-ago. Spending for back-to-school clothing, school supplies and electronics for children in grades K-12 is expected to reach $27.8 billion this year. (Deloitte survey)
Shares of Helen of Troy, owners of Revlon, Vicks and Hydro Flask is raising their forward earnings guidance. The company also beat earnings and revenue expectations in announcing quarterly results. (CNBC)
President Trump is considering firing Commerce Secretary of Commerce Wilbur Ross. (NBC News)
Second quarter earnings season gets rolling this week with nearly 60 S&P 500 Index companies reporting results. Consensus estimates are calling for a slight year-over-year decline in S&P 500 earnings amid the downshift in U.S. and international economic growth, tariffs, and ongoing trade tensions. (FactSet)
More than 1 million children were victims of identity theft or fraud in 2017, according to a report from Javelin Strategy & Research. Two-thirds of those affected were age 7 or younger.