Dollar General's latest earnings beat expectations, revealing a surge in revenue and attracting higher-income shoppers. CEO Todd Vasos discusses strategies to retain this new customer base amidst economic uncertainty.
In a surprising twist amid economic uncertainty, Dollar General has raised its financial forecast, reporting a 2.4% sales increase as shoppers flock to dollar stores for better deals. CEO Todd Vasos shares insights on changing consumer behavior and tariff impacts.
In April, US job openings rose to 7.39 million, defying expectations of a decline. This increase may indicate a resilient labor market amidst economic uncertainty, but rising layoffs raise concerns.
A leading international policy group warns that global economic growth is set to slow to just 2.9% due to Donald Trump's tariffs. The OECD has revised forecasts for both the US and UK economies, highlighting rising trade tensions and economic uncertainty.
The U.S. manufacturing sector contracted for the third straight month in May, raising concerns among industry leaders. New orders, production, and employment continue to decline, while prices for raw materials are on the rise, creating a challenging environment for manufacturers.
As inflation and interest rates soar, many Americans are struggling to manage their finances. With rising debt loads and increasing defaults, the economic outlook is grim for households. Discover how these factors are affecting consumers and their spending habits.
The EU has condemned President Trump's decision to double tariffs on steel imports, warning it could worsen trade tensions and hurt consumers. With countermeasures on the table, the stakes are rising in this ongoing trade war.
U.S. stock futures remained stable ahead of Nvidia's earnings report, with the Dow recovering from a four-day slump. Okta shares dropped despite beating expectations, while investor focus shifts to tariff impacts on the market.
The latest U.S. Treasury auction of 20-year bonds faced weak demand as fears over rising national debt and a contentious tax-and-spending bill grow. Investors are increasingly worried about fiscal responsibility amidst economic uncertainty.
Target's CEO Brian Cornell warns of potential price hikes due to tariffs, citing a challenging retail environment and declining consumer confidence. Sales dropped 2.8% last quarter, prompting concerns over future performance.
