As theft increases, store closures and ‘retail deserts’ could be the new consumer reality
Target has seen its financial standing improve after shuttering nine crime-prone locations Source link...
MARKET
Updated COVID-19 vaccines from Pfizer, Moderna approved by FDA
The Food and Drug Administration on Thursday approved updated COVID-19 vaccines made by Pfizer Inc. and Moderna Inc., as a summer wave of the virus is still rolling across the country. Source link...
Advance Auto’s stock tumbles 17% after profit shortfall offsets news of $1.5 billion asset sale
Advance Auto Parts’ stock was down 17% Thursday afternoon after the company posted second-quarter results that lagged estimates Source link...
Gold prices on track for their lowest finish in a week
Gold traded sharply lower on Thursday, with strength in the U.S. dollar contributing to weakness in prices of the precious metal just two days after it marked a fresh record high. Source link...
Peloton ends streak of revenue declines, sending its stock soaring on earnings
The connected-fitness company also beat bottom-line expectations for the latest quarter. Source link...
Don’t worry: Retirement might be better than you think — it was for these retirees
More than half of nonretirees don’t think they’ll have enough money in retirement. Source link...
Williams-Sonoma’s stock slides 9% after revenue falls short of estimates and retailer trims guidance
Home furnishings are being hurt by uncertainty about the economy and a slow housing market, CEO says. Source link...
As Nvidia earnings approach, this is the ‘wildcard’
There’s been a lot of talk about potential delays for the new Blackwell chip lineup, but a more immediate question centers on supply constraints for the Hopper line. Source link...
Viking’s stock dips as cruise operator’s earnings fall short of target
Investors shrug off upbeat sales comments. Source link...
Hedge funds are staying away from stocks despite the recent rally, Goldman says
Hedge funds have overall cut their exposure to equity markets since the unwinding of the yen carry trade in early August, analysis from Goldman Sachs’ prime brokerage division shows Source link...
