Target's CEO Brian Cornell is stepping down as the retailer grapples with declining sales and customer boycotts over its DEI initiatives. Can the new leadership turn the tide?
U.S. retail sales rose 0.5% in July, driven by strong vehicle demand and major retailer promotions, but fears of a slowing economy and rising inflation could dampen consumer spending ahead.
U.S. equities experienced a mixed performance at midday, with retail sales showing strong consumer spending. While the Dow slightly rose, the S&P 500 and Nasdaq fell, driven by varying performances from major stocks including UnitedHealth and Salesforce.
S&P 500 futures are nearly flat after a record close, while UnitedHealth jumps over 9% thanks to investments from Buffett and Burry. What's next for the market as economic indicators loom?
Chip stocks are on the rise following TSMC's record quarterly profit, while PepsiCo forecasts a smaller decline in annual core profit. June retail sales also show a surprising uptick, signaling strong consumer confidence.
US retail sales have dropped for the second month in a row, signaling consumer anxiety over tariffs and finances. Could this mark the end of the early-year spending spree? Find out more!
This week is crucial for investors as the Federal Reserve makes a key interest rate decision while tensions rise in the Middle East. Plus, Tesla's robotaxi update could change the EV landscape forever.
China's producer deflation hits its worst level in nearly two years, with consumer prices also declining. The economy struggles amid trade tensions and weak domestic demand, raising expectations for policy stimulus.
Target's financial outlook has taken a hit as the retailer reports disappointing earnings, grappling with tariff uncertainties and a backlash against its diversity policies. CEO Brian Cornell highlights the challenges posed by shifting consumer behavior and political pressures.
Walmart's stock rises as it navigates tariff uncertainties, with mixed signals on future profits and consumer spending. The retail giant maintains its long-term forecasts despite current market challenges.