Consumer spending

Consumer

For Walmart Investors, Sagging Same-Store Sales Growth Overshadows Bottom-Line Beat

Photo via Michele Eve Sandberg/Sipa USA/Newscom

2 min read

Photo via IMAGO/Zoonar/Rafael Henrique da Silva/IMAGO/Zoonar/Newscom

Finance

Visa Lays Off 7% of Workforce, Charging AI With Some Tasks

The company also wants to put more resources towards its growth areas, including its emphasis on affluent customers and stablecoins.

1 min read
Photo via Ioannis Alexopoulos/ZUMAPRESS/Newscom

Consumer

Costco Profit Tops Wall Street Expectations as Deals Lure Inflation-Weary Consumers

The retailer has now seen year-over-year visit growth for six consecutive months through April, according to data analytics firm Placer.ai.

2 min read
Photo by Zoshua Colah via Unsplash

Consumer

Wall Street Buys into Target’s Turnaround Plan

Shares in stagnant retailer Target surged as executives pitched investors on a turnaround plan that includes $5 billion in capital spending.

2 min read

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