Walmart boosts outlook after a strong first quarter and rising online sales
Walmart reported fiscal first quarter profits and sales that beat Wall Street estimates as the nation’s largest retailer keeps drawing budget conscious consumers to its aisles looking for food and other items in a challenging economic environment.
An inflation gauge tracked by the Fed slows to still-high 6%
A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in October, likely reinforcing the Fed’s intent to keep raising interest rates to cool the economy and slow the acceleration of prices.
Target's 3Q profit drops 52% as shoppers force price cuts
An unexpected and potentially ominous pullback in customer spending ahead of the holiday shopping season pushed third quarter profits at Target down 52% after it was forced to slash prices for Americans who are feeling the squeeze of inflation.
Publix not offering COVID-19 vaccine to children under 5 ‘at this time’
As Pfizer’s and Moderna’s lower-dose COVID-19 vaccines for children under 5 are rolled out across the U.S., Lakeland-based supermarket chain Publix confirmed this week that it is not administering the shots to that age group “at this time,” offering little explanation.
‘It’s a gun battle:’ Markeith Loyd claims self-defense in fatal shooting of Orlando police Lt. Debra Clayton
Markeith Loyd, the man accused of shooting and killing Orlando police Lt. Debra Clayton in 2017, testified Saturday morning, explaining the events leading up to the shooting of Orlando police Lt. Debra Clayton.