Dow Jones plummets 880 points amid latest inflation numbers

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Bloomberg

Revlon Plunges After Report It’s Preparing Bankruptcy Filing

(Bloomberg) — Revlon Inc. plunged 53%, the biggest one-day drop on record, after distressed debt news outlet Reorg reported that the cosmetics empire is preparing to file for bankruptcy.Most Read from BloombergUS Lifts Covid-19 Test Requirement for International TravelUS Inflation Quickens to 40-Year High, Pressuring Fed and BidenEating Two Portions of Fish Per Week Linked to Deadly Skin CancerFive Key Moments From the Jan. 6 Capitol Riot HearingYields Spike to 2008 High, Stocks Sink on Fed Bet