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Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods — it’s because they’re executing well and cash-strapped shoppers...
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The Independent Traders
- World News
Top DOJ official faces test in Senate over nomination to become federal judge
Russian official says Moscow has ‘no intention’ of supplying Iran with warheads, following Trump taunts
Trump nominated for Nobel Peace Prize over Iran-Israel ceasefire deal
Trump lashes out at Israel and Iran with profanity for breaking ceasefire
SENATE MAJ. LEADER THUNE: A generational opportunity for strength, prosperity
- Business
How Fanatics is teaching business acumen to pro athletes
Walmart to pay $10 million to settle lawsuit over money transfer fraud
Apple sued by shareholders who allege it overstated AI progress
Oil prices rise more than 1% as Israel vows to intensify attacks on Iran
Tesla agrees to first deal to build China’s largest grid-scale battery power plant
- Stock
Business
Sports merchandising giant Fanatics is aiming to build a training camp for athletes to prepare them for life off the field. More than two...
Business
Walmart has agreed to pay $10 million to settle a Federal Trade Commission civil lawsuit accusing the world’s largest retailer of ignoring warning signs...
Business
Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it needed to...
Business
Crude oil futures rose more than 1% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran. U.S. crude...
Business
Tesla is recalling 125,227 vehicles in the United States due to a malfunction in its seat belt warning system that can increase the risk of...
Business
Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020, according to the National Association...
Business
New York Federal Reserve President John Williams on Thursday said inflation is still too high, but he is confident it will start decelerating later...
Business
The pace of hiring remains strong for lower-earning Americans, holding steady above its pre-pandemic baseline even as the demand for higher-income workers has waned slightly, according...
Business
The Dow Jones Industrial Average jumped Friday for its best session of the year, as investors wrapped up a strong month after the Federal Reserve’s preferred...
Business
Inflation rose about as expected in April, with markets on edge over when interest rates might start coming down, according to a measure released...
Business
After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate impact on what had been...
Business
Walgreens announced Wednesday it would continue to cut prices on 1,300 items — making it the latest company to pivot to value amid signs...
Business
WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed...