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Your heart pounds. Your breath gets shaky. Then your stomach drops.That’s what it feels like to learn you’ve failed the Uniform CPA Exam, according to James Tom, a recent graduate of Hofstra University and now a staff tax accountant at a Big Four firm. “I was at first a little angry, and then it hit me, ‘Oh my god, I put three to four months of my life in this exam just to fail it.’ It’s just so disheartening,” Tom told Accounting Today. “But then the next thing you think of is, ‘How could I have done things differently?'”With the pervasiveness…

American Eagle launches AE x Tru Kolors by Travis Kelce.Courtesy: American EagleShares of American Eagle rose Wednesday morning after the apparel company announced a collaboration with football star Travis Kelce, just a day after he and singer Taylor Swift said they were engaged.The stock was up roughly 5% in early trading.Kelce’s sportswear brand, Tru Kolors, is launching a limited-edition collaboration with American Eagle, pairing the jeans brand with Kelce’s picks, including vintage-inspired T-shirts and “reimagined” varsity jackets. The collaboration was more than a year in the making, Kelce said, but the announcement came just a day after his proposal caused…

A Cracker Barrel sign featuring the old logo is seen outside of a restaurant on August 21, 2025 in Homestead, Florida. Joe Raedle | Getty ImagesShares of Cracker Barrel Old Country Store rose more than 8% on Wednesday after the restaurant chain said it would scrap its new logo and return to the original one, amid mounting criticism from social media users and even President Donald Trump.The stock moves on Tuesday night and Wednesday morning have brought Cracker Barrel shares close to restoring their original losses from when the new logo was first announced last week.”We thank our guests for…

Abercrombie & Fitch sales growth slowed again in its fiscal second quarter as the apparel company struggles to top the surge it enjoyed last fiscal year.During the quarter, sales at the namesake Abercrombie brand fell 5% while comparable sales dropped 11%. But the success of teen-focused Hollister brand helped to salvage the quarter. Overall, Abercrombie & Fitch sales climbed 7%, led by 19% growth at Hollister – the brand’s best-ever second-quarter net sales growth, the company said. Comparable sales across the business rose 3%, led by Hollister, which also saw comparable sales grow 19%.Abercrombie narrowly beat Wall Street expectations on the top…

Housing block in Warsaw, PolandBusà Photography | Moment | Getty ImagesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.After a pullback in commercial real estate activity earlier this year due to broad economic uncertainty, there are new signs that activity is on the move again. Capital is increasing and “bidder dynamics” are stabilizing, according to JLL’s global Bid…

Kohl’s shares climbed more than 20% on Wednesday after the retailer topped Wall Street’s fiscal second-quarter earnings and revenue expectations, even as its sales declined and it looks for a new CEO.The Wisconsin-based department store narrowed its full-year sales guidance to reflect the higher part of its previous range. It said it now expects net sales to decline by between 5% and 6%. It had previously anticipated sales would fall 5% to 7%.It also revised its full-year earnings per share guidance. Kohl’s said it expects earnings to be in the range of 50 cents to 80 cents per share adjusted.…