The Amazon Prime logo on a package in Manhattan, New York City, on Sept. 16, 2023. Michael Kappeler | Picture Alliance | Getty Images Tariffs imposed by the Trump administration have given the country’s retailers another cost to manage during a period of persistent inflation. While many are navigating the …
Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for their jobs? While the proliferation of generative and agentic artificial intelligence is playing a role, recent job cut announcements from companies like Amazon, UPS and Target are about a lot …
A UPS truck at the Palace Imports warehouse in Linden, New Jersey, US, on Wednesday, Aug. 27, 2025. Michael Nagle | Bloomberg | Getty Images After a wave of big companies announcing steep job cuts, many laid-off workers may face a financially difficult and uncertain period ahead. Amazon said on …
A man holds a sign reading “SNAP Feeds Families,” as food aid benefits will be suspended starting November 1 amid the ongoing U.S. government shutdown, during “A Rally for SNAP” on the steps of the Massachusetts Statehouse in Boston, Massachusetts, U.S., October 28, 2025. Brian Snyder | Reuters Nearly 42 …
Laila Lockhart Kraner stars as Gabby in Universal and Dreamworks Animations’ “Gabby’s Dollhouse: The Movie.” Universal | Dreamworks Animation A young girl named Gabby, alongside her menagerie of animated cat friends, is making the leap from streaming to the big screen. Universal and DreamWorks Animation’s “Gabby’s Dollhouse: The Movie” is …
On Monday, under new policy included in President Trump’s tax law, Supplemental Nutrition Assistance Program (SNAP) benefits that have provided low-income Americans with more purchasing power in the grocery store begin to go into effect. According to one estimate, it is “the largest cut to SNAP in history,” a federal …
The inside of one of Five Below’s existing locations. Five Below When it comes to managing the impact of tariffs, retailers don’t have a one size fits all solution. An analysis of U.S. container data for retailers Abercrombie & Fitch, Best Buy and Five Below show various mitigation strategies. Industry …
The conundrum of the stock market going down ahead of Jackson Hole confounded me. With a market that had been headed down every day, except for deep cyclicals and housing-related stocks, the setup seemed extreme. By the end of the week, the bet was one way: Federal Reserve Chairman Jerome …
Customer with shopping cart in the snack aisle of a Walmart store in Florida City, Florida, Aug. 5, 2025. JC Milhet | AFP | Getty Images As some of the biggest names in retail, including Walmart and Home Depot, delivered earnings results in recent weeks, they updated Wall Street on …
People walk by a Target store in midtown Manhattan in New York City, March 21, 2025. Kylie Cooper | Reuters When Target’s new CEO Michael Fiddelke steps into the role in early February, he will inherit a company facing slumping sales, faltering customer loyalty and skeptical investors. Its fiscal second-quarter …
