The report cautions tariffs are driving inflation higher and says companies are grappling with whether to pass the costs to consumers.
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As AI platforms take the place of search engines, a move into shopping could further upend the established tech order.
Walmart — a.k.a., the largest grocer in the United States — sells so many groceries it’s nearly impossible to keep track.
According to US Customs, untaxed “de minimis” shipments accounted for 92% of all cargo entering the US, or 4 million packages a day.
More than 94 million pet-owning US households are expected to spend $157 billion on their little Lunas and Rexes this year.
The department store also seems cautiously optimistic for the holidays, raising its profit forecast for the year.
VW’s finance chief Arno Antlitz warned last September that the company had “a year, maybe two years, to turn things around.”
Wednesday’s earnings call also brought news that longtime target chief executive officer Brian Cornell is leaving his post.
Stablecoins are seen as a lower-risk entry point into crypto because their value is tied to another asset, usually the US dollar.
During the company’s second-quarter earnings report last month, Musk admitted the company may be headed for “a few rough quarters.”
AI is moving into jobs in food services and retail traditionally best left to humans. Can the imperfect tech give customers what they want?
In its fiscal year 2025 earnings call, the company said it projects new tariffs will saddle it with $1 billion in additional costs this year.
History suggests that a little competition will be good for not just Walmart and Amazon, but the retail sector as a whole.
The surprising news comes just ahead of an all-important jobs report from the Labor Department due out Friday.
Snacks now make up around half of the historic soup company’s sales, up from less than a third a decade ago.
While the company didn’t mention the threat of tariffs, Nike is heavily exposed in China, home to roughly 24% of its suppliers.