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%
Wall Street’s main indexes rose about 1% on Thursday as retail sales data for July indicated resilient consumer spending.
Read More Wall St marches ahead as retail sales quell slowdown worries
Companies across several industries were hit on Friday by a global tech outage tied to Microsoft’s Azure cloud platform and a software issue.
Read More What is CrowdStrike, the cybersecurity firm behind a global tech outage?
Shoppers spent about $7.2 billion online across retailers during the first day of Amazon’s Prime Day.
Read More US online sales hit $7.2 bln on first day of Amazon Prime Day event, Adobe says
U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.
Read More Monthly US consumer prices post first drop in four years as inflation subsides
Target will no longer accept checks as a form of payment beginning July 15th.
Read More Target To Stop Accepting Personal Checks As Form Of Payment Starting Mid July