The employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error ...

Macy's said is it delaying reporting its third-quarter earnings results to complete an independent investigation.

Stocks finished higher Monday, with major indexes hitting new intraday records during the session, as the equities market continued to rally while Treasury yields fell and bitcoin retreated.

Macy’s Inc. is delaying its third-quarter earnings release after an investigation revealed an employee hid more than $100 ...

Macy’s, Inc. has reported its preliminary financial results for the third quarter of 2024, revealing some notable highlights and changes compared to the same period in 2023.

Macy's disclosed Monday that an employee had hidden up to $154 million in expenses through false accounting entries over more than three years.

Wall Street is set to break more records as U.S. stocks rise. The S&P 500 climbed 0.1% Monday and was just below its all-time ...

The person is no longer employed by the company, and it is unknown what the person's motivations were for hiding the expenses.

Wall Street experienced significant gains on Monday as investors reacted positively to President-elect Donald Trumps ...