Good friday morning, everybody. I am erica hill with rahel solomon. Poppy harlow is off today. Nice to be friday. Isnt it . We are here for that. Five things to know for this friday. June 2nd, the Debt Ceiling Bill on its way to President Bidens desk and once signed the threat of a u. S. Default is off the table until after the 2024 election. Also, new questions this morning about that partial Building Collapse in davenport, iowa. Just days before the wall came Crashing Down an Engineering Firm said, quote, bricks appear ready to fall imminently. You can see the gap in the new pictures. Three people are still missing. The former president now responding to reporting that they have him on tape. The Denver Nuggets one step closer to making franchise history after beating the miami heat, they are up taking the first game in the nba finals. An Eighth Grader crowned the new National Spelling bee champ. We will put him to the test when he joins us live on cnn this morning which starts right
good friday morning, everybody. i am erica hill with rahel solomon. poppy harlow is off today. nice to be friday. isn t it? we are here for that. five things to know for this friday. june 2nd, the debt ceiling bill on its way to president biden s desk and once signed the threat of a u.s. default is off the table until after the 2024 election. also, new questions this morning about that partial building collapse in davenport, iowa. just days before the wall came crashing down an engineering firm said, quote, bricks appear ready to fall imminently. you can see the gap in the new pictures. three people are still missing. the former president now responding to reporting that they have him on tape. the denver nuggets one step closer to making franchise history after beating the miami heat, they are up taking the first game in the nba finals. an eighth grader crowned the new national spelling bee champ. we will put him to the test when he joins us live on cnn this morni
Ulta: The cosmetics retailer raised the lower end of its annual profit forecast to $25.20 and $25.60 per share, from its previous view of $25.10 to $25.60 per share. The company also raised the lower end of its annual net sales forecast. It now expects it between $11.10 billion and $11.15 billion, versus its prior forecast of $11.05 billion to $11.15 billion.
people are still shopping for lipstick, makeup, alta beauty sales up 9.3%. a lot of lipstick and makes sense. people probably reach their limit when it comes to home improvement projects. you only need so many tvs. i like that we re ending on a bright spot. nathaniel, thank you. as nathaniel just laid out, people shifting from buying physical yes, music like clothing to instead spending more on experiences like travel. i want to bring in christine romans. this is part of what we have been seeing, right, that people have shifted where they re spending but people are also now calling for perhaps a discretionary recession. discretionary recession. it doesn t mean that the economy is in a recession but consumers are being careful and focusing on essentials then the must haves like taylor swift tickets and airplane tickets and a trip to the bahamas. people are spending money on