Stocks moved lower since our last CNBC Investing Club Monthly Meeting as renewed inflation concerns, sparked by rising oil prices, sent Treasury yields higher — a toxic mix for the market. In early Thursday trading, it was much of the same, with Iran war uncertainty pushing U.S. oil prices above $100 per barrel, joining international…
Macy’s on Thursday posted growth across the company in its second fiscal quarter and raised its guidance as it continues its turnaround. The retailer said overall comparable sales rose 2.7% for the quarter, with comparable sales for its namesake brand up 1.1%. The company said that growth was largely driven by its so-called reimagined stores,…
A Walmart delivery van parked in front of the Walmart Torrance Market, on April 3, 2025 in Torrance, California. Jay L Clendenin | Getty Images News | Getty Images Walmart will soon be able to bring you an iced coffee and a maple doughnut — from Dunkin’. The nation’s largest retailer announced this week it…
THC beverages for sale at Urban Flower, a CBD and THC dispensary in Houston, Texas, Oct. 28, 2022. Elizabeth Conley | Houston Chronicle | Hearst Newspapers | Getty Images Erica Fabian says THC-infused drinks have become an alcohol alternative that have made a profound difference in her family. “Drinking [alcohol] is not healthy for both…
Shoppers walk past a Lululemon store at a shopping mall on June 21, 2026, in Hong Kong, China. Cheng Xin | Getty Images Shares of Lululemon plunged 20% in premarket trading Friday after the retailer reported another quarter of disappointing results and cut its outlook for the year. The company on Thursday posted a 4%…
For Alexander Lee, back-to-school shopping used to mean hours spent comparing prices, reading reviews, and figuring out where to buy a growing list of supplies for his two kids. “The pens and pencils are not that big of a deal,” Lee said in a CNBC interview ahead of the Labor Day weekend. Things like “calculators,…
A Target store in Los Angeles, California, Aug. 19, 2026. Justin Sullivan | Getty Images Tariff refunds have muddied retailers’ earnings reports in recent weeks as Wall Street struggles to parse through the confusion. Most major retailers applied for refunds after the Supreme Court ruled in February that the International Emergency Economic Powers Act did…
A Freedom Fuel Network gas station in Dresher, Pa., on Friday, July 10, 2026. Matt Rourke | AP Photo The Freedom Fuel Network made national headlines back in July when President Donald Trump praised the gas station chain for selling fuel at steeply discounted prices. A lawsuit by a Georgia-based fuel supplier alleges that some…
Affirm Holdings stock closed nearly unchanged on Friday after the buy now, pay later firm reported fiscal fourth-quarter earnings and CEO Max Levchin said high gas prices are weighing on shoppers. “The U.S. consumer undoubtedly sees the higher gas prices, so can’t, can’t ignore that,” Levchin told CNBC’s “Squawk Box.” “They’re also coming to us…
Gap on Thursday announced a new CEO for its Old Navy banner, effective Nov. 2, as the retailer tries to reinvigorate sluggish sales performance at the brand. Michael Francis, who was appointed the chief customer officer at Old Navy in May, will take over the reins from current CEO Haio Barbeito, who will become an…
