U.S. shippers are steering clear of East and Gulf Coast ports amid worries the dockworkers at those trade hubs will go on strike if their union leader does not land a new contract with employers.
Read More US shippers avoid East Coast ports on risk of second strike
Target is slashing prices on over 2,000 items across different categories in a bid to offer more discounts to cash-strapped customers as the holiday season approaches.
Read More Target Slashing Prices On At Least 2K Items As Holiday Season Approaches
Democrat mayor of Dolton, Illinois, Tiffany Henyard, whom residents have dubbed “the worst mayor in America,” has officially announced that she is running for re-election.
Read More Illinois: Dolton Mayor Tiffany Henyard, Dubbed ‘Worst Mayor In America’ Announces Run For Re-election
The FTCwill argue Kroger’s $25 billion merger with rival grocer Albertsons is bad for shoppers and workers when the agency’s lawsuit goes to trial in federal court.
Read More US FTC’s bid to block Kroger-Albertsons merger heads to trial
Target raised its full-year profit forecast on Wednesday and reported its first increase in quarterly comparable sales in over a year.
Read More Target raises 2024 profit forecast as price cuts draw shoppers
The Dow jumped over 500 points and the Nasdaq increased 2% on Thursday as retail sales data indicated resilient consumer spending, somewhat calming fears of a possible recession.
Read More Wall Street: Dow Surges 500 Points And Tesla Stock Jumps Over 6%