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Category: Business

Holiday gifts on sale are displayed at a Target store in Manhattan, New York, U.S., December 15, 2024. REUTERS/Jessica DiNapoli

Seeing low-income consumers squeezed, retailers target $10 and under gifts

Retailers including Target and Walmart are stocking shelves with more toys and gifts that cost less than $10 this holiday season, a strategy aimed at attracting cash-strapped shoppers.

Read More Seeing low-income consumers squeezed, retailers target $10 and under gifts
Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend their joint press conference in Tokyo, Japan March 15, 2024. Mandatory credit Kyodo/via REUTERS/File Photo

Honda, Nissan move to deepen ties, sources say, including possible merger

Honda and Nissan are in talks to deepen ties, the clearest sign yet of how Japan’s once seemingly unbeatable auto industry is being reshaped by challenges from Tesla and Chinese rivals.

Read More Honda, Nissan move to deepen ties, sources say, including possible merger
Packets of Starbucks coffee are seen in a supermarket in Santa Monica, California, January 27, 2011. REUTERS/Lucy Nicholson/File Photo

Starbucks workers union authorizes potential US strike

The workers union representing Starbucks baristas said they have authorized a potential strike, ahead of this year’s final round of bargaining talks.

Read More Starbucks workers union authorizes potential US strike
The Federal Reserve building stands in Washington April 3, 2012. REUTERS/Joshua Roberts/File Photo

S&P 500, Nasdaq rise on optimism ahead of rate cut, economic data

The S&P 500 and the Nasdaq climbed while the Dow was flat on Monday, as investors looked ahead to an anticipated Federal Reserve interest rate cut later in the week.

Read More S&P 500, Nasdaq rise on optimism ahead of rate cut, economic data
Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims unexpectedly rise

More people continued to collect unemployment checks at the end of November relative to the beginning of the year as demand for labor cools.

Read More US weekly jobless claims unexpectedly rise
People carry shopping bags during the holiday season in New York City, U.S., December 15, 2022. REUTERS/Eduardo Munoz/File Photo

US consumer prices post largest gain in seven months; cost of rent subsides

Consumer prices increased by the most in seven months, but that is unlikely to discourage the Federal Reserve from delivering a third consecutive interest rate cut next week.

Read More US consumer prices post largest gain in seven months; cost of rent subsides

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