Target Returns to Growth After Price Cuts On Essentials
Target shares jump as the retailer reports its first sales growth since 2022 following price cuts on thousands of grocery essentials.
Americans Are Increasingly Alarmed About Job Stability, Opportunities
US household sentiment regarding employment is hitting decade lows as labor market data faces potential downward revisions.
Startup Failures Spike As High Interest Rates, Limited VC Funding Take Toll On Early-Stage Ventures
US startup failures rise as high interest rates and limited venture capital force a shift from rapid expansion to sustainable growth.
33.2% of US Landlords Offered Rent Concessions In July, Thanks To The Construction Boom
Landlords are increasingly offering rent concessions as a record number of new multifamily housing units enter the US market.
Sonos’ Bungled App Launch Has Spawned Layoffs, Cost Millions, and Jeopardized Its Standing With Audio Enthusiasts
Sonos delays product launches and cuts 6% of staff after a disastrous app rollout triggered significant sales headwinds and a stock decline.
America’s Sports Gambling Boom is Draining Investment Accounts — And Sports Betting Firms Could Make It Worse
New research shows Americans are pulling billions from investment accounts to fuel sports betting habits, impacting retail portfolio stability.
Google Lost Its Antitrust Suit. What Happens Next Could Change the Company (And Big Tech) Forever
The DOJ is considering a historic breakup of Google after a federal court ruled the firm held an illegal search monopoly.
July Inflation Cools as Core CPI Eases for Fourth Straight Month, Paving Way for Fed Rate Cut
July consumer prices rose 0.2% as core inflation slowed for a fourth straight month, fueling expectations for a Federal Reserve interest rate cut in September.
Starbucks Brews Bold Move by Poaching Chipotle CEO to Percolate Business
Starbucks appoints former Chipotle CEO Brian Niccol to lead a turnaround following declining demand in the US and China.
FDA’s MDMA Therapy Delay Sends Shockwaves Through Psychedelic Medicine Industry
The FDA has rejected MDMA-assisted therapy for PTSD, forcing Lykos Therapeutics to conduct new trials and cooling optimism in the psychedelic medicine sector.
Power Profits Surge As AI Energizes Surprise IPP Gains
Independent power producers are posting strong gains as AI data centers fuel a massive spike in electricity demand and capacity prices across the US.
