Retail giants report with all eyes on the consumer
CNBC's Jim Cramer on Monday said that this week's economic data releases and retailer earnings reports will give important insights into the state of the American consumer and, in turn,…
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5 things to know before the stock market opens Monday, August 15
Traders on the floor of the NYSE, Aug. 11, 2022.Source: NYSEHere are the most important news items that investors need to start their trading day:1. Bad start for stocksStock futures fell…
What Cramer is watching Thursday – Eli Lilly confusion, AMD de-risks, Lucid again cuts targets
What I am looking at August 4, 2022 Gameday: The Club's "Monthly Meeting" livestream for members at noon ET. (also, no "Morning Meeting" for Thursday). Club holding Eli Lilly (LLY) warns on…
Tech companies, banks overstaffed while airlines, hotels need workers
JetBlue Airways passengers in a crowded terminal on April 7, 2022 in the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida.Robert Nickelsberg | Getty Images News |…
Retailers still opening stores despite recession fears
The biggest shopping mall owners in the United States say retailers are still forging ahead with plans to open new stores in spite of growing recession fears and decades-high inflation…
Best Buy cuts sales forecast as inflation pressures shoppers
Customers shop at a Best Buy store on August 24, 2021 in Chicago, Illinois.Scott Olson | Getty ImagesBest Buy on Wednesday cut its forecast for the year and the second quarter, saying it has…
Stock futures tick up ahead of key Fed decision
Stock futures ticked up in overnight trading as traders await the Federal Reserve's latest interest rate decision, scheduled to be announced Wednesday afternoon.Futures on the Dow Jones…
Walmart’s slashed profit outlook sends warning about state of the American consumer
Shares of retailers including Macy's, American Eagle and Amazon are falling Tuesday, a day after Walmart slashed its profit forecast and warned that surging prices for food and gas are…
Macy’s speeds up plans to open smaller stores outside of malls
In 2020, Macy's opened its first Market by Macy's location, which was in the Dallas-Fort Worth area.Source: Macy'sMacy's is accelerating its plans to open smaller stores that aren't attached…
3 reasons why executives are leaving retailers from GameStop to Gap
Shoppers explore a mostly empty mall in Columbus, Ohio.Matthew Hatcher | Getty ImagesDon't expect the stream of departures from retailers' C-suites to stop anytime soon.Already this year,…