Retail sales rose 0.7% in September, much stronger than estimate
Consumers showed surprising strength in September, boosting retail sales well above expectations despite high interest rates and worries over a…
Dollar General stock jumps after it brings back former CEO to jolt slowing sales growth
Dollar General’s former CEO Todd Vasos is coming out of retirement to helm the company, which aims to rebound from…
Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week,…
Happy meal? Steady demand for french fries is good news for U.S. economy
Consumers are still splurging for a side of fries with their meals. That can have a positive read-through for the…
Peloton shares soar on digital content, apparel partnership with Lululemon
Peloton and Lululemon are joining forces. The two companies announced a five-year partnership Wednesday that will bring Peloton’s content to…
Sen. Blumenthal plans action against telemarketing scams masquerading as political, charitable causes
Sen. Richard Blumenthal is moving ahead with new legislative efforts to combat telemarketing scams that have raised millions of dollars…
Ripple buys crypto infrastructure startup in its second acquisition of 2023
Cryptocurrency company Ripple announced on Friday it will acquire Fortress Trust, a startup specializing in crypto infrastructure, giving it a…
Taylor Swift, Beyoncé and ‘Barbenheimer’ are lifting consumer spending this quarter. But Morgan Stanley says it may not last
Consumer spending may not be out of the woods. Real spending is expected to come in 1.9% higher in the…
