Retail sales rebounded marginally in February as consumers pulled back on discretionary spending, reinforcing the growing uncertainty over the economy.
Read More US retail sales rebound moderately; underlying trend remains firm
Tag: Walmart
Target sued by Florida for defrauding shareholders about DEI
Target was sued by the state of Florida for allegedly concealing the risks of its diversity and social initiatives, leading its stock price to decline.
Read More Target sued by Florida for defrauding shareholders about DEI
Meta Officially Shuts Down Corporate DEI Programs
Meta has announced that they are officially ending all diversity, equity and inclusion (DEI) programs, effective immediately, joining other large companies cutting back on DEI policies.
Read More Meta Officially Shuts Down Corporate DEI Programs
Second US port strike averted as union, employers reach deal
The union representing 45,000 dock workers on the U.S. East and Gulf Coasts and their employers said they reached a tentative deal on a new six-year contract.
Read More Second US port strike averted as union, employers reach deal
US online holiday sales rise nearly 9% on mobile shopping boom, report shows
Online spending rose nearly 9% during the 2024 holiday season, with shoppers mainly using their smartphones to buy products ranging from TVs to LEGO sets.
Read More US online holiday sales rise nearly 9% on mobile shopping boom, report shows
US holiday retail sales stronger than last year, Mastercard says
Holiday shoppers opened their wallets at the last minute in search of good deals on online platforms in a sign that household finances remain healthy.
Read More US holiday retail sales stronger than last year, Mastercard says