Consumer ETFs showing the real inflation picture
A divide between two consumer ETFs may be signaling the true picture of U.S. inflation as shopping trends dictate where investors are placing their bets.
Consumers are spending more despite inflation: Jharonne Martis
LSEG director of consumer research Jharonne Martis analyzes the health of the consumer and explains what's behind a shift in spending on 'Making Money.'
Under Armour to lay off employees as part of restructuring plan
Under Armour, under the direction of its founder Kevin Plank, is trying to turn around its losses and strengthen its brand. This includes reprioritizing men's apparel
GameStop shares sink after company update on business, plans stock sale
After a wild week of trading, GameStop announced a sale plan for up to tens of millions of its shares and also gave a lukewarm business update disappointing investors.
Walmart gains high-income shoppers as elevated prices persist
Walmart noted yet again that its continuing to gain even more higher-income shoppers. Executives say the driver isn't necessarily price but convenience.
Adidas to bring lower-cost Samba, other shoe models to market
Adidas is apparently looking to bring lower-cost shoe models to the market. The move, which applies to Samba and other shoes, was announced Thursday by the sportswear company.
3 sexual assault incidents reported at same Georgia Target store: police
Police are understood to have increased security around an Atlanta Target store after three separate incidents of sexual assault were reported there in recent weeks.
Walmart's earnings report tell us that the consumer is still strong: Mark Avallone
Potomac Wealth Advisors President and founder Mark Avallone discusses Walmart's earnings report and the market rally as the Dow reaches a new milestone.
Wayfair's first large-format store to open next week
Wayfair's first large-format store will officially open up shop once the online home goods retailer holds a grand opening on May 23. It will encompass 150,000 square feet.
Aldi recalls cream cheese over salmonella concerns
Discount grocer Aldi issued a recall for four different types of cream cheese shortly after Hy-Vee announced it was recalling some of its cream cheese products as well.
GameStop, AMC short sellers double down even with stock swings
Swings in GameStop and AMC shares revived meme trading while stinging short sellers in the process. Still, these investors betting the shares will fall are not changing their tune.
This is going to be a big year for growth stocks, Joel Shulman says
ERShares CEO Joel Shulman provides his market outlook and his take on the consumer on 'Mornings with Maria.'
Walmart holds keys to inflation picture
Investors and economists are waiting as Walmart, the largest private employer in the U.S. and a key indicator of how the consumer is doing, reports its first-quarter earnings.
Financial planner shares truth behind ‘spaving’ trend: ‘Marketing ploys’ to make people ‘buy more’
‘What Should I Do With My Money?’ author Bryan Kuderna shares how consumers can avoid falling for ‘spaving’ traps and stay in control of their finances.
GameStop’s stock surge continues, punishing short sellers
Shares of GameStop, AMC and others are fueling a revival of meme stock trading, catching many investors off guard, especially those who think these shares are ultimately going to drop.
Walmart cutting hundreds of corporate jobs, asking remote workers to return to office: memo
Walmart is slashing hundreds of corporate jobs and asking remote workers to return to offices across the United States, according to a new report.
Fort Worth's tallest building sells for just $12.3M at auction in stunning price drop
The tallest building in Fort Worth, Texas, has been bought by a bank for $12.3 million, three years after it sold $137.5 million. Burnett Plaza has 40 stories and is 567 feet tall.
Target announces Pride month merch will only be available in 'select stores' after last year's backlash
Only select Target stores will carry LGBTQ+ themed products for Pride Month, following last year's backlash over products such as a women's swimsuit that tucks male genitals.
English woman drops out of college, starts business as dressmaker with unique flair
A business owner in the United Kingdom creates clothes from unique and colorful hand towels. Scarlett Hawkes of Liverpool told Fox New Digital she makes about 18 items a month.
People have chosen lower-cost items they buy online: report
Shoppers have been trading down in online purchases, according to Adobe Analytics. The same report showed online spending from January to April hit $331.6 billion.