Business

A “low price” sign hangs from a shelf at a Target store in Miami, Florida, on May 20, 2024. Joe Raedle | Getty Images Target‘s weak quarterly earnings underscored why it cut prices on thousands of household staples: it’s struggling to win over bargain hunters. The discounter is not alone. Target’s first-quarter results on Wednesday

Homes in the Issaquah Highlands area of Issaquah, Washington, US, on Tuesday, April 16, 2024.  David Ryder | Bloomberg | Getty Images Sales of previously owned homes fell 1.9% in April from March to 4.14 million units, on a seasonally adjusted annualized basis, according to the National Association of Realtors. The forecast had been for

In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT An employee hands an order to a customer through a drive-thru window at a McDonald’s restaurant in Oakland, California, on April 9, 2020. David Paul Morris | Bloomberg | Getty Images An independent advocacy group of McDonald’s franchisees is weighing in on the company’s upcoming

A sign advertising units for rent is displayed outside of a Manhattan building on April 11, 2024 in New York City.  Spencer Platt | Getty Images Driven by the new work-from-home dynamic as well as by new migration patterns, rent prices were red-hot during the first years of the pandemic for both single-family and multifamily

In this article LOW Follow your favorite stocksCREATE FREE ACCOUNT An exterior view of a Lowe’s home improvement store at the Buckhorn Plaza shopping center.  Paul Weaver | Lightrocket | Getty Images Lowe’s topped Wall Street’s quarterly earnings and revenue expectations on Tuesday, even as do-it-yourself customers bought fewer pricey items. The home improvement retailer’s

In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT A pedestrian walks by a Peloton store in Palo Alto, California, on May 8, 2024. Justin Sullivan | Getty Images Peloton shares plunged on Monday after the connected fitness company said it is launching a “global refinancing,” as it looks to stave off a cash

In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, Chairman and CEO of JPMorgan Chase, testifies during a Senate Banking Committee hearing at the Hart Senate Office Building on December 06, 2023 in Washington, DC. Win Mcnamee | Getty Images Jamie Dimon‘s days as CEO of JPMorgan Chase are numbered — though

In this article JWN KSS M Follow your favorite stocksCREATE FREE ACCOUNT Signage of Macy’s, Kohl’s and Nordstrom retail stores. Getty Images Department stores are aging — and so are their customers. For over a century, the stores won over multiple generations with a promise to sell shoppers a wide variety of everything. For many

In this article BA Follow your favorite stocksCREATE FREE ACCOUNT Boeing CEO Dave Calhoun speaks briefly with reporters as he arrives for a meeting at the office of Sen. Mark Warner (D-VA) on Capitol Hill January 24, 2024 in Washington, DC. Drew Angerer | Getty Images Boeing shareholders voted to re-elect the outgoing CEO Dave

Tim Kuniskis, head of Fiat Chrysler’s passenger cars division in North America, reveals the 2021 Dodge Durango SRT Hellcat SUV during an online event on July 2, 2020. Screenshot DETROIT – Stellantis‘ Dodge and Ram brands CEO Tim Kuniskis is retiring after a nearly 32-year career with the automaker and its predecessors, the company announced