Target said Wednesday that its customers reduced spending on groceries and home goods as concern about high prices persisted last quarter. The retailer said in its latest earnings report that overall customer traffic fell 1.9%, while the average amount that customers spent on those visits also dropped 1.9%. The company’s…
A dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without…
In a move to strengthen its sports offerings, Warner Bros. Discovery has signed a five-year sublicensing deal with Disney’s ESPN to broadcast…
Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked…
Amazon is upgrading its decade-old Alexa voice assistant with generative artificial intelligence and plans to charge a monthly subscription fee to offset…
Driven by the work-from-home dynamic, as well as by new migration patterns, both single-family and multifamily rent prices were…
Supreme Court Justice Samuel Alito sold shares of beer giant Anheuser-Busch as conservatives were ditching the Bud Light brewer over its partnership with…
Spirit Airlines is doing away with both change and cancellation fees, effective immediately, days after Frontier’s similar announcement, part of an…
Long-expected layoffs are hitting Pixar Animation Studios today. Pixar will lay off about 175 employees, or around 14% of…