By Savyata Mishra (Reuters) -Macy’s crushed analysts’ estimates for quarterly profit on lower inventories and strong demand for beauty products,…
Walmart sounds a note of caution on consumers ahead of holidays, shares fall
By Siddharth Cavale and Aishwarya Venugopal (Reuters) -Walmart on Thursday said U.S. consumers are acting more cautious with spending as…
Dollar gains on retail sales data, Fed rate cut date unclear
By Herbert Lash NEW YORK (Reuters) -The dollar gained on Wednesday after still strong U.S. retail sales fell less than…
Oil prices dive on big US crude stock build, record output
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices tumbled more than 1.5% on Wednesday on a bigger-than-expected rise in U.S. crude…
Target shares surge on margin improvement, inventory drawdown
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Target on Wednesday forecast holiday-quarter profit largely above analyst expectations as supply…
Social media companies must face youth addiction lawsuits, US judge rules
By Jonathan Stempel and Nate Raymond (Reuters) -A federal judge on Tuesday rejected efforts by major social media companies to…
Slowing US inflation boosts hopes Fed done with rate hikes
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices were unchanged in October as Americans paid less for gasoline, and…
Amazon says it will run shopping ads on Snap
(Reuters) – Amazon.com said on Monday it would allow Snapchat users in the United States to buy some products directly…
Amazon tacks on new Buy With Prime features ahead of peak holiday shopping
By Arriana McLymore NEW YORK (Reuters) – Amazon.com is adding package tracking and return services for subscription members who use…
Amazon cuts games unit jobs in broader restructuring
By Greg Bensinger (Reuters) -Amazon.com has cut around 180 jobs in its games division, at least the second round of…